Whale Invests $50K As Crypto All-Stars Presale Nears $1.2M And Staking Platform Launch Approaches

On Sep 10, 2024

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The path to easier meme coin staking has never been closer as Crypto All-Stars ($STARS) raises $1.19 million in its ongoing presale.

Over the past three days, the project secured an additional $180,000, including a $50,000 whale purchase, propelling its funding goals higher as meme coin investors anticipate the launch of its unified staking platform.

Named MemeVault, this platform is Crypto All-Stars’ solution to generating returns in the meme coin sector, which is currently in an extended downturn. Meme coins languishing in investors’ wallets will soon have the opportunity to be pooled in a single staking protocol, generating returns in the project’s native token, $STARS.

As a result of its ongoing success in fundraising, the price of $STARS has risen to $0.0014362 from $0.00138. This price is expected to increase to $0.0014419 in less than 48 hours as the project finishes this current funding round with another hefty bag of capital.

Whale Pumps $50K Into Crypto All-Stars

On Monday, an investor using the wallet address 0x6c7db9b966425cd986becc987e035dfdedc8212f made a notable entry into Crypto All-Stars by acquiring $50,000 worth of $STARS, amounting to about 34.9 million tokens.

This significant investment secures the buyer a whale status in the Crypto All-Stars ecosystem and positions themselves to reap the most rewards once MemeVault goes live.

BNB Smart Chain Transaction Hash (Txhash) Details | BscScan

Owning more $STARS enables users to further amplify their MemeVault staking returns, which the whale perhaps understood, hence the purchase.

Another reason for the substantial acquisition is the opportunity to take advantage of $STARS staking returns, currently at 1,267% APY. All else being equal, the 34.9 million $STARS could grow to approximately 71.8 million tokens within a month.

Generally, the involvement of a crypto whale indicates that smart money has found its way to the project.

Whales often represent well-informed individuals or groups (e.g. funds), and their exposure to new projects, such as Crypto All-Stars, signals great potential, as they typically possess far more insight than the average investor.

Crypto All-Stars Now Accepts Payment In Crypto

In addition to supporting a broad array of meme coins for staking – including DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LAYDS, TOSHI, COQ, BONK, and TURBO – on MemeVault, Crypto All-Stars is making it more accessible by allowing users to purchase $STARS during the presale using their meme coins.

The project has recently expanded its payment options to include SHIB, PEPE, FLOKI, and DOGE, making it easier for meme coin enthusiasts to invest in $STARS.