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PepeCoin Surges 9.8% in 24 Hours – New Meme Coin Crypto All-Stars Raises $600k in Presale, Takes Returns to the Next Level

CryptoNewsCryptoNews2024/08/22 00:12
By:Gary McFarlane

Crypto All-Stars ($STARS) is a new meme coin platform offering a unique staking protocol for popular coins like PepeCoin.

Last updated:
August 21, 2024 01:13 EDT

One week into its presale, Crypto All-Stars ($STARS) has already raised over $600,000.

The project is the first in the industry to introduce multiple meme coin staking, regardless of the blockchain, on a single staking protocol.

With the meme coin sector still largely in a deep sea of red (save for a few tokens), Crypto All-Stars is rapidly being recognized as a smart investment move for generating returns amid current market conditions.

As a result, early contributors are swiftly snapping up the 8.4 billion $STARS tokens allocated for the presale. Approximately 293 million tokens have already been staked, representing about 60% of those purchased, which equates to nearly half a billion $STARS sold.

The price of $STARS has increased three times since last week due to successfully progressing past its presale stages. It is now set to rise again from $0.0013966 to $0.0014022 in less than 48 hours.

Meme Coins Can Be Staked for Additional Rewards

Since late July, the weighted market cap of meme coins tracked by DefiLlama has remained below 0%, indicating that the sector’s leading tokens have been largely inactive over the past 30 days.

Moreover, DefiLlama’s token category tracking also shows that meme coins rank seventh in losses, with a 24% decline.

Narrative Tracker – DefiLlama

In the past 24 hours, only 12 of the top 100 meme coins have appreciated in value, yet the overall market still managed to gain 3%.

The standout performer is Sundog ($SUNDOG), which has surged by 49%. Additionally, the OG Pepe meme coin Pepecoin ($PEPECOIN) saw a 9.8% increase during the same period.

While meme coins have been struggling recently, Crypto All-Stars aims to revitalize the sector.

In fact, the returns from $PEPECOIN in this short span could potentially be surpassed by the current staking rewards offered by Crypto All-Stars.

Crypto All-Stars’ Soon-To-Launch MemeVault

Crypto All-Stars unites meme coins like $PEPECOIN, Dogecoin ($DOGE), Shiba Inu ($SHIB), Floki ($FLOKI), Brett ($BRETT), Mog Coin ($MOG), Milady Meme Coin ($LAYDS), Turbo ($TURBO), Toshi ($TOSHI), Coq Inu ($COQ), and Bonk ($BONK) on one platform for substantial gains. More tokens are set to join soon.

The staking protocol called MemeVault enables users to stake these coins together, earning unified rewards denominated in $STARS.

Once the MemeVault launches, meme coin investors can benefit from capital gains while also enjoying a convenient way to earn passive income. For example, while $PEPECOIN gained 9.8% in a single day, investors will earn additional returns when staked in the MemeVault.

Additionally, since $STARS anchors the entire MemeVault ecosystem, holding $STARS activates a 3x reward multiplier, enabling holders to earn even more staking rewards.

With such utility, the investment value of $STARS is expected to soar. Demand will be driven primarily by long-term holding incentives, which reduce the circulating supply of $STARS and contribute to a positive price trajectory.

As a result, well-known crypto influencer ClayBro predicts that $STARS has the hallmarks of a top meme coin.

How to Join the Crypto All-Stars Presale and Start Staking $STARS

While the MemeVault hasn’t launched yet, investors can already enjoy substantial staking rewards with $STARS at an impressive 2,801% APY. However, staking to achieve such returns is time-sensitive; as more investors learn about the project and stake, your share of the $STARS staking pool will decrease.

To participate, head over to the Crypto All-Stars website . Connect your wallet (e.g. Best Wallet) and exchange ETH, USDT, or BNB for $STARS. Bank card payments are also accepted through the site’s secure and user-friendly widget.

Crypto All-Stars has undergone thorough audits by Coinsult and SolidProof , with no critical issues found in the smart contract’s code, providing investors with peace of mind.

Stay updated on the latest news and developments by joining the Crypto All-Stars community on Telegram or X .

Visit Crypto All-Stars Now

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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