The price of Bitcoin has recovered after the market crash, sitting at $63,600 today. The return to $63,000 levels has caused a rise in the meme coin market, bringing it up to $42 billion levels.
As prices rise, bullish sentiment is returning to the market.
However, a lot of meme coins have no staking protocols, or the protocols they do have offer weak rewards. This makes it difficult for investors to capitalize on their long-term faith in the market.
A new project called Crypto All-Stars (STARS) is providing a solution to that, by building an all-in-one meme coin staking protocol with high APY.
It has now raised over $1.5 million in its presale – let’s take a look at what it has to offer.
Meme Coin Staking Revamped – Introducing The MemeVault
STARS is a utility-driven meme coin focused around the MemeVault- a multi-token staking protocol enabling investors to stake popular meme coins together under one roof.
This creates a cooperative environment for meme coin staking, flipping the usually player-versus-player (PvP) nature of the space on its head.
STARS fits into this ecosystem by being the token used to doll out staking rewards. Furthermore, STARS holders will gain more staking rewards depending on the amount of STARS they stake alongside their other tokens.
The combination of these two factors incentivizes investors to expose themselves to the meme coin market and ensures STARS has value past its memetic appeal.
https://x.com/all_stars_coin/status/1835100124353380398
The MemeVault is modeled after the ERC-1155 multi-token standard, ensuring security and a robust infrastructure at launch. The MemeVault can support a nigh-infinite number of tokens with maximum efficiency and high security.
Introducing utility to a meme coin like this has a history of causing upward price momentum. For example, Floki’s switch from a model rooted completely in its memetic value to a utility-driven ecosystem caused the price to soar.
Once the MemeVault launches, all of the tokens featured on the Crypto All-Stars website will be available to stake, including heavy hitters like DOGE, PEPE, FLOKI, SHIB, TURBO, BRETT, and others.
Early STARS Staking Promises Sky-High Rewards
The STARS presale is all about the early investor. This becomes evident from its pricing model, as the per-token price will grow as funding goals are met and time passes.
STARS is priced at $0.0014593 per token, with the next price increase coming in two days, or when the project reaches $1.74 million in funding.
As for staking the STARS token itself, Crypto All-Stars offers some of the highest rewards in the space, sitting at a massive 957%, letting investors almost 10x their tokens over a year.
With that being said, the staking rewards follow the token price, and will steadily drop as the presale continues.
https://x.com/all_stars_coin/status/1837293885065941031
STARS’ focus on early investors is especially apparent in the tokenomics, dedicating 20% of the total token supply to presale purchases, and another 25% to its staking rewards.
Interested investors can purchase STARS by connecting their crypto wallet or credit card to the website. There is no minimum investment, and purchases can be made through BNB, ETH, USDT, or fiat.
On September 6th, the presale started accepting DOGE, PEPE, FLOKI, and SHIB as payment in addition to these.
Rapid Community Growth and Strong Fundamentals Catch Expert Attention
As with any other meme coin, STARS relies heavily on aesthetics and marketing to capture the attention of retail and degen investors. Today, a strong community and staying in the spotlight are just as, if not more important than a token’s utility.
In terms of community, STARS has grown explosively, with the last week bringing another 2,000 followers to its X (Twitter) account. This brings its total to 15,800 followers, in line with even some established meme coins like Gigachad (GIGA), which has only 11.8 thousand despite a market cap of almost $200 million.
With 20% of the total token supply allocated to marketing, it’s no surprise STARS has managed to secure spots in dozens of journals. However, we likely won’t see all of these funds used until the token launches.
As far as investor security goes, Crypto All-Stars has passed two security audits done by SolidProof and Coinsult with flying colors.To ensure minimal slippage and reduce the risk of a rug pull, the presale has allocated 10% of the total token supply to liquidity.
Putting these factors together, it’s no surprise STARS has received a lot of expert attention. ClayBro, a crypto YouTuber with over 130,000 subscribers recently put out a video where he praises the token’s utility and staking rewards, predicting 26x returns.
Crypto All Stars Price Predictions! Prepare For 26x Gains Or More!
If Crypto All-Stars can keep this momentum going and keep growing its community it could become one of the biggest ICO success stories of 2024.