Crypto All-Stars Shows Resilience, Nearing $3M in Presales as Traders Shift from Shiba Inu and Dogecoin

Despite a market dip today, Crypto All-Stars (STARS) has displayed incredible strength. The project is fast approaching the $3 million total raised mark

Cryptocurrency All-Stars (STARS) is displaying incredible strength today, even as other meme coins tumble. The project is rapidly approaching the $3 million total raised mark at presale, underlining its potential to become a breakout star in the meme coin space.

Despite a market dip today, traders are shifting from Shiba Inu and Dogecoin to Crypto All-Stars presale

Crypto All-Stars presale is showing major strength, even as other meme coins are seeing large sell-offs.

Its total raise is approaching $3 million, and it’s doing so with haste.

3 November is a key date – that’s when the next STARS presale price hike will occur.

However, these price hikes are expected to continue throughout the presale.

This means that investors who buy today will see major gains, even before STARS launches on exchanges.

As such, traders are flocking to the project in droves. This is evident in its huge total raise, but it can also be seen on social media, where several top industry players are tipping the project as a potential winner.

Crypto All-Stars is “ready to soar,” says ClayBro

Considering Crypto All-Stars’ early stage and unique use case, several analysts believe it has a bright future ahead.

For instance, ClayBro, a popular trader with a large YouTube following, recently stated that STARS is “ready to soar.”

Even though meme coins are seeing sell-offs today, the overarching trend for this year has been meme coins notching outsized gains.

The narrative continues outperforming others during bull markets, and ClayBro suspects that the next major meme coin rally is just around the corner.

Crypto All-Stars fits into this narrative uniquely, as it's not inherently a meme coin. Instead, it’s a utility token that meme coin investors can buy to generate more profits.

Here’s a quick overview of how the Crypto All-Stars staking app works:

As we mentioned, Crypto All-Stars users will be able to stake top meme coins to generate passive rewards.

The project is building MemeVault, a multi-token staking contract capable of supporting cryptocurrencies from any blockchain.

They’re able to do this by leveraging Ethereum’s ERC-1155 token standard, which enables the creation of fungible and non-fungible tokens within a single smart contract.

This allows users to deposit tokens such as Dogecoin, Shiba Inu, Pepe, Bonk, and Flocki to earn $STARS, but here’s the kicker: their rewards are directly tied to how much STARS they already own.

In other words, to maximize your earning potential, you must maximize your STARS holdings.

This setup is sure to bolster STARS demand, which could lead to substantial price growth.

Initially, MemeVault will support 11 of the top meme coins, but the team will add more later on down the line.

As they add new meme coins, it will attract more users, ensuring sustainable and long-term demand for STARS.

But Crypto All-Stars is not only about meme coin staking.

Stake STARS for up to 530% APY

Interestingly, Crypto All-Stars also places a heavy focus on staking the native STARS token, which provides even more utility.

To elaborate, STARS staking went live alongside the presale and currently provides a 530% APY, which will decrease as more tokens are staked.

So far, about 1.3 billion tokens have been staked, which illustrates the immense demand for STARS.

However, the team has allocated 25% of the token’s total supply to STARS staking rewards, which enables a high staking APY to be paid out long-term.

As you might expect, today’s meme coin market performance shows that the sector is highly volatile.

Yet, Crypto All-Stars adds some stability to the mix by providing consistent and passive returns, which could help protect on the downside on bearish days.

Traders are capitalizing on this opportunity by investing in STARS before it launches on any centralized exchanges.

Follow Crypto All-Stars on Medium, Twitter, and/or Telegram. Alternatively, visit its website to buy and stake tokens.

To learn more, visit the Crypto All-Stars presale and join the community on Discord or Telegram to stay updated.

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