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Cryptocurrency News Articles
STARS: A New Meme Coin Staking Protocol Intends to Shake Up the Meme Coin Space
Nov 05, 2024 at 01:02 am
Meme coin staking has been a chaotic, player-versus-player (PvP) environment since its inception. However, a brand new project called Crypto All-Stars (STARS) intends to change this with its innovative staking protocol – the MemeVault.
Crypto All-Stars (STARS) is a meme coin project that aims to revolutionize the meme coin staking landscape with its innovative MemeVault protocol. The project has already garnered significant attention and raised over $3 million in presale funds since August.
In this article, we will delve into the unique aspects of STARS, exploring its cross-chain meme coin staking capabilities, and highlighting the role it could play in the meme coin market.
Only Two Days Left to Purchase STARS at Current Price
Catering to early investors, Crypto All-Stars has designed a tiered pricing system for its STARS token, where the per-token price gradually increases over time. Currently, investors can purchase STARS for $0.0015432.
However, this price will go up if the presale raises another $232,000 or time runs out.
Similarly, the attractive staking APY of 516% will decrease as more STARS are staked, which is why early investors stand to benefit from higher returns.
With 45% of the total token supply allocated to the presale and staking rewards, there is still room for new investors to join the presale and reap the benefits.
To further entice investors, the project has made participation accessible by accepting various payment methods, including ETH, BNB, USDT, and bank cards. Additionally, meme coins like DOGE, PEPE, SHIB, and FLOKI can be used for payment.
To ensure investor trust and bolster project credibility, several audits have been conducted on the STARS smart contract by SolidProof and Coinsult, revealing no errors in the code.
Furthermore, the STARS team has allocated 10% of the total token supply to liquidity, which will help reduce slippage and foster a safer trading environment.
Cross-Chain Meme Coin Staking to Drive Long-Term Success
While the low per-token price during the ICO certainly attracts new investors daily, it is the utility of the STARS token that will likely drive its price post-launch.
Those holding STARS will be able to derive the most benefit from using the MemeVault, earning increased rewards for staking other meme coins.
Moreover, these rewards will also scale based on how many STARS the users hold, creating a strong incentive for traders to buy and hold the token.
Currently, the project aims to unite Pepe, Doge, Shiba Inu, Floki, Brett, Mog, and holders of various other meme coins under one roof.
While MemeVault will support these coins from the day of launch, STARS plans to introduce support for additional coins in the future. By expanding its token roster, Crypto All-Stars could attract new investors to the MemeVault and boost the demand for STARS.
As the launch of STARS and MemeVault edges closer, the project shared the news of an upcoming “Last Meme Standing” competition, which will see one meme token’s staking rewards skyrocket to 5,000%.
Although the team has yet to announce further details, this could be the first of many special offers awaiting MemeVault users.
Crypto Experts Highlight STARS’ Explosive Potential, Growing Community
Examining the project’s tokenomics further reveals a strong focus on marketing, with 20% of the total token supply reserved for this purpose.
Building a strong community is essential for the success of any meme coin, and STARS has already attracted over 20,000 followers on X (Twitter) and Telegram through marketing efforts.
Crypto All-Stars has a minimalistic 3-phase roadmap, with a strong focus on the presale and marketing in the first phase. The second phase will see STARS being distributed to early investors as the presale ends, followed by MemeVault’s launch in the third phase.
Having a unique approach to the meme coin space and early success in the presale, STARS has caught the attention of leading crypto experts, who are expressing positive sentiment.
The Ethereum-based project has received praise from 99Bitcoins and Cilinix Crypto, with Jacob Bury calling it a “presale gem.”
According to meme coin expert Austin Hilton, Crypto All-Stars’ unique staking protocol will help it thrive in the $56 billion meme coin market. He urges his 276,000-strong YouTube audience to start accumulating STARS in the presale’s early stages.
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