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Cryptocurrency News Articles
Crypto All-Stars ($STARS): Why 6x Gains Are Likely
Dec 21, 2024 at 01:12 am
The $STARS presale starting price was $0.001380 and the final offer price $0.0016782, so the earliest buyers are already sitting on a paper gain of 21.6%.
The highly anticipated presale for Crypto All-Stars ($STARS) has concluded, raising an impressive $26.36 million for its groundbreaking MemeVault, a unified staking platform for meme coins.
Beginning Monday, December 23, at 2pm UTC, $STARS will be available for trading on decentralized exchanges (DEXs). At the same time, tokens purchased during the presale will be claimable.
For those who purchased $STARS through Best Wallet, the tokens will be claimable within the app at the designated claim time.
Despite market pullbacks at the time of writing, which are common during bull runs, crypto investors are still eager to contribute to early-stage projects that are disrupting the industry, like Crypto All-Stars.
Top altcoins are experiencing significant losses, and meme coins are no exception. However, it's important to note that periods like this can be ideal entry points for new capital and existing players looking to buy the dip.
With Crypto All-Stars set to launch on DEXs next week, it will likely attract precisely those types of savvy buyers as they adjust their portfolios to capitalize on the moment.
The $STARS presale starting price was $0.001380, and the final offer price was $0.0016782, indicating that early buyers are already sitting on a 21.6% paper gain.
Similar to another recent large presale, Pepe Unchained, which raised $73 million, $STARS was featured in the Upcoming Tokens section of Best Wallet, a fast-growing self-custody wallet with a community of 100,000 highly engaged traders.
Regardless of the prevailing market conditions, Crypto All-Stars is still likely to benefit from this audience positioning, much like Pepe Unchained, whose launch resulted in 6x gains for presale investors.
YouTuber ClayBro has also purchased more $STARS tokens and is anticipating possible 10x gains.
The meme coin category has lost 17% of its value in the past 24 hours, with top coin Dogecoin down -28% in the past seven days, Shiba -31%, Pepe -35% and Dogwifhat -38%.
However, relative newcomer Fartcoin, launched in October 2024, is up 55% in the past seven days and is in the green over the past 24 hours, up 1.3% while all around is a sea of red.
This example highlights that for experienced crypto traders, large price movements are nothing new and can be viewed as buying opportunities.
As legendary value investor Warren Buffett famously said, “be fearful when others are greedy and be greedy only when others are fearful.” In this case, it might be time to be getting greedy.
All eyes are on the stock market as the premier risk asset class, in particular the $6.6 trillion notional triple-witching of options in stocks, indexes, and ETFs set to expire on Friday, and what the Fed’s response will be to today’s PCE inflation data (the personal consumption expenditures is the Fed’s preferred measure).
The core PCE came in at its slowest monthly rate of increase (0.1%) since May and below expectations YoY at 2.8%, which suggests that the shakeout in crypto markets could be bottoming.
As the ongoing correction likely turns into recovery mode over the weekend, FOMO around the $STARS project is sure to keep building as news of the innovative project spreads online.
Although the presale has ended, late buyers will of course still be early to the party if they buy when the token debuts on DEXs on Monday.
Crypto All-Stars’ MemeVault is a premium product that genuinely offers something new and useful for meme coin holders who want to earn passive income.
The following meme coins will be eligible for staking at launch: Dogecoin, Shiba Inu, Pepe, Floki Inu, Brett, Mog Coin, Milady, Turbo Token, Toshi The Cat, Coq Inu, Bonk.
When it goes live, the MemeVault will enable top meme coins to be deposited into its all-in-one unified staking smart contract to earn rewards. Also, by virtue of holding $STARS tokens, stakers will be able to multiply their rewards 3x.
Alongside the capital gains from your meme coins, stakers will receive an income. The longer you stake the coins, the higher the return you will receive.
The convenience of holding all your meme coins in one staking basket means the system is likely to be attractive to many millions of meme coin token holders, not to mention the enticing rewards that will be on offer.
Crypto All-Stars is the only project to have developed such an innovative staking contract, placing it well ahead of any competition that might attempt to play copycat
Disclaimer:info@kdj.com
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