Crypto All-Stars ICO Surges Past $1 Million Raised In 3 Weeks, Offers 1,400% APY On Staking

On Sep 6, 2024

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Crypto All-Stars ($STARS) has raised over $1 million in its ICO, a notable feat in today’s tepid market.

Launched just three weeks ago, this new meme coin is drawing attention with its staggering staking rewards for the native token $STARS, currently offering a 1,400% annual percentage yield (APY) and an upcoming staking protocol for leading meme coins.

The project promises to add staking utility for popular meme coins, enabling them to generate passive income for holders. This is particularly appealing during a period when the market has yet to awaken the bulls from their slumber.

Ongoing capital injections have driven the presale value of $STARS to $0.0014248. Yet, further price appreciation is anticipated within the next 21 hours, pushing $STARS to $0.0014248 as it prepares for the next funding round.

What To Do With Meme Coin Tokens Bought At The Peak Of The Bull Run?

The meme coin sector has faced substantial challenges in recent months, with September proving particularly tough. After peaking at over $60 billion earlier this year, the market value of meme coins has receded to $38.6 billion – a 35.6% drop, according to CoinGecko.

Tokens that experienced dramatic pumps earlier this year, such as Bonk ($BONK), which surged 239% in March, have since lost most of their earlier gains.

Investors who purchased $BONK at its peak have been enduring losses for about seven months now – making a possible $10,000 investment worth only $4,000 currently. And if things can’t get any bleaker, further declines are anticipated during this traditionally weakest month for crypto.

The good news is that Crypto All-Stars offers a glimmer of hope with its forthcoming launch of MemeVault, a unified staking platform for meme coins.

MemeVault will enable investors to stake popular tokens like $BONK, Dogecoin ($DOGE), Shiba Inu ($SHIB), and others in one pool, earning rewards in $STARS.

For a complete list of the tokens that can be staked on MemeVault, see the image below:

As the first platform of its kind, MemeVault provides a promising opportunity for investors who have struggled with returns on their meme coins and for those seeking additional profits from their holdings.

$STARS Is Meant To Be Hodled For 100x Gains

Crypto All-Stars’ MemeVault is just the beginning for investors seeking returns from their meme coin stash, not the end.

The platform’s native token, $STARS, is a staking rewards multiplier. The more $STARS you hold, the greater your potential rewards, which could even triple.

This is why the investment potential of $STARS is exceptionally high: investors have strong incentives to hold onto it, as doing so maximizes their rewards on MemeVault.

Storing more $STARS reduces the circulating supply, which can drive up the value of the remaining tokens due to increased scarcity. This scarcity is crucial for potential capital gains of 10x to 100x.

Trusted crypto education platform 99Bitcoins supports this bullish view, having featured Crypto All-Stars in the video below when the project’s raised capital was still at $353,000: