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Cryptocurrency News Articles
Crypto All-Stars Erupts Over $4M Raised: Meme Coins Balloon Ahead of Festive Season
Nov 19, 2024 at 03:56 am
With Christmas and New Year's back on everyone's radars there is an end-of-year surge of excitement over Crypto All-Stars ($STARS)
Crypto All-Stars, a cross-chain meme coin staking protocol, has raised over $4 million in one of the biggest meme ICOs this fall.
The protocol enables meme coin fans to lock up their tokens and start generating passive income. Currently, holders of around a dozen meme coins can stake their tokens in Crypto All-Stars.
The team says Crypto All-Stars will soon expand to welcome more meme coins into the fold.
The move comes as meme coins are on a high with sector leader Dogecoin climbing 20% over the last week.
At the same time, Pepe, the largest non-doge meme coin, climbed 72% over the same period. Those who held Pepe a year ago are 1,727% richer on their holdings.
Meanwhile, newcomer meme coin Peanut The Squirrel is only three weeks old, but it has risen 314% in seven days.
Crypto All-Stars is a new cross-chain meme coin staking protocol that has already raised over $4 million in one of the biggest meme ICOs this fall.
Currently, holders of Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Brett, MogCoin, Milady, Turbo, Toshi The Cat, Coq Inu, and Bonk can stake their tokens in Crypto All-Stars’ MemeVault and earn passive income in the form of $STARS with a variable rewards rate currently set at 407%.
But that’s not all – investors can earn up to three times more rewards by holding $STARS tokens.
You can purchase this reward-enhancing token directly on the Crypto All-Stars website. The price is currently $0.0015806 per $STARS token, although it will rise to $0.0015869 in two days.
Staking rewards rates will decrease as the staking platform grows, and the fixed price will incrementally increase over the presale season, so the sooner investors buy in and stake, the more rewards they’ll earn.
$STARS has a total supply of 42 billion tokens, with 20% (about 8.4 billion $STARS) allocated to the presale.
Another 25% is for staking rewards, or about 10.5 billion $STARS, and an additional 25% is for expanding the MemeVault ecosystem. The remaining 10%, or 4.2 billion $STARS, will go towards future CEX/DEX listings.
By the time Crypto All-Stars hits the open market, there could well be a gold rush for $STARS tokens as word gets out that meme coin holders can put their money to work in the MemeVault.
Crypto All-Stars is all about staking, which encourages long-term holding and positively impacts the price of $STARS by reducing the circulating supply, thus driving demand.
So far, people have staked over 1.8 billion $STARS in the MemeVault.
The project's focus on staking, combined with the staggering amount of capital raised over the course of the presale so far, is why popular YouTube influencers like Jacob Crypto Bury and ClayBro believe Crypto All-Stars is a potential 10X coin.
Following their purchase, investors can begin staking for rewards and claim their tokens once the presale ends.
So, if you are a meme coin investor who wants to put your money to work, Crypto All-Stars is a new and intriguing addition to the sector that will attract new investors and seasoned meme coin heads alike.
Investors can purchase $STARS on the website with ETH, USDT, BNB, or bank card.
Follow the team on social media – X (Twitter) or Telegram – to stay up-to-date on all the developments.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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