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PepeCoin Skyrockets 9.8% in 24 Hours: New Meme Coin Crypto All-Stars Hits $600k Presale Success, Redefining Returns
Reinout te Brake | 21 Aug 2024 23:54 UTC
Revitalizing the meme coin Sector: crypto All-Stars Presale Success
One week into its presale, crypto All-Stars ($STARS) has already raised over $600,000. The project stands out as the first in the industry to introduce multiple meme coinstaking on a single protocol, regardless of the blockchain involved. In a market where meme coins are struggling to gain traction, crypto All-Stars is quickly gaining recognition as a savvy investment option in generating returns amidst challenging market conditions.
Early contributors are eagerly seizing the opportunity to stake the 8.4 billion $STARS tokens allocated for the presale, with approximately 293 million tokens already staked, representing about 60% of those purchased. This equates to nearly half a billion $STARS tokens sold, showcasing the project's appeal among investors.
With the successful progression past its presale stages, the price of $STARS has tripled since last week. It is now poised for another rise from $0.0013966 to $0.0014022 in less than 48 hours, reflecting the growing interest in the project.
In a recent analysis by DefiLlama, the weighted market cap of meme coins has remained below 0% since late July, indicating a period of relative inactivity for the sector's leading tokens over the past month. Furthermore, meme coins rank seventh in losses, with a 24% decline according to DefiLlama's category tracking.
Despite the struggles faced by meme coins, crypto All-Stars aims to breathe new life into the sector. While only 12 of the top 100 meme coins appreciated in value in the past 24 hours, the overall market managed to gain 3%. Notably, Sundog ($SUNDOG) surged by 49%, and Pepecoin ($PEPECOIN) registered a 9.8% increase, showcasing some positive movements in the market.
Through its innovative approach, crypto All-Stars aims to offer stakingrewards that could potentially surpass the short-term returns from $PEPECOIN. The project's unique staking protocol, MemeVault, unites various meme coins on a single platform for substantial gains.
With its MemeVault staking protocol, crypto All-Stars enables users to stake coins like $PEPECOIN, Dogecoin ($Doge), shiba Inu ($SHIB), and others together, earning unified rewards denominated in $STARS. The upcoming launch of MemeVault will provide meme coin investors with a convenient way to earn passive income while benefitting from potential capital gains.
Investors holding $STARS will also enjoy a 3x reward multiplier within the MemeVault ecosystem, enhancing their stakingrewards. This utility is expected to drive demand for $STARS, with long-term holding incentives reducing the circulating supply and contributing to a positive price trajectory.
Renowned crypto influencer ClayBro predicts that $STARS has the potential to become a top meme coin, given its innovative approach and expected utility within the MemeVault ecosystem.
How to Join the crypto All-Stars Presale and Start staking $STARS
While the MemeVault launch is pending, investors can already partake in substantial stakingrewards with $STARS, offering an impressive 2,801% APY. To join the presale, visit the crypto All-Stars website, connect your wallet, and exchange ETH, USDT, or BNB for $STARS. The project has undergone rigorous audits by Coinsult and SolidProof, ensuring the smart contract's code is free from critical issues.
Stay informed about the latest developments by joining the crypto All-Stars community on telegram or X. crypto All-Stars presents a unique opportunity for investors looking to capitalize on the potential of meme coins and stakingrewards in a rapidly evolving market landscape.