Viral Token ICO Crypto All-Stars Hits $2.5M How Does it Compare With Dogecoin And Other Meme Tokens
As the meme coin field expands, Crypto All-Stars brings something entirely new to the space.
Its currently undergoing a presale where it has raised $2.5 million so far.
Crypto All-Stars ($STARS) is building the worlds first unified staking protocol for meme coins, allowing users to generate passive income on a number of prominent joke tokens.
$STARS raises $2.5M, while some investors let go of DOGE, SHIB for bigger returns
Crypto All-Stars is bringing utility to the meme coin sector, and it all starts in the presale.
The presale is accepting payments in Dogecoin, Shiba Inu, Pepe, and Floki, in addition to commonly accepted cryptos like ETH and BNB. Investors can even buy $STARS with a card.
It makes buying easy, so thats precisely what investors are doing.
The presale has raised $2.5 million so far, showing huge market demand.
Not just that, investors can also stake their $STARS tokens amid the presale, and over 1.2 billion $STARS have already been staked.
And amongst all the hype, prominent meme coin traders are pivoting to Crypto All-Stars.
For instance, ClayBro, a prominent Shiba Inu community member with 130K subscribers on YouTube, hails Crypto All-Stars as one of the easiest ways to accumulate Shiba Inu.
But why is that? Lets get into it.
Crypto All-Stars is the staking app that could revolutionize meme coins
In the past year, Pepe has soared 1,361%, Mog Coin has pumped 7,434, and its the same story for a lot of other meme coins.
Imagine if you bought these projects one year ago, and as the prices went up, you were also generating passive rewards and compounding your gains. The results would be off the charts. And thats exactly what Crypto All-Stars is enabling.
The platform supports 11 of the top meme coins, including Dogecoin, Shiba Inu, Pepe, Mog Coin, Bonk, and Floki. It also says it will add support for more later.
Users can stake their meme coins inside the projects MemeVault, which is a smart contract powered by Ethereums ERC-1155 multi-token standard.
In return, stakes earn $STARS tokens. But heres the kicker: they must hold $STARS to access the platform, and their rewards are proportional to how much they have.
Its a concept that strategically captures the projects value inside the token, with $STARS being a cost to entry for the 11 meme coin communities that might be interested in the platform.
According to its website, 20% of the total token supply is allocated to the presale, 25% to presale staking, 25% to MemeVault staking, 20% to marketing, and 10% to exchange liquidity.
What can we expect after the Crypto All-Stars presale ends?
The presale is off to a strong start, which indicates that we could see continued growth once $STARS launches on the open market.
Moreover, the MemeVault will launch after the presale, opening $STARS to a new utility-driven demand stream that could raise its price.
The team is keeping its cards close to its chest about where it will be listed, although it does mention CEX liquidity on its tokenomics page.
With that, we can expect centralized exchange listings to follow the exchange launch, and considering the markets interest, there is a chance it could get listed on big ones like Binance or Coinbase.
Currently, investors can get $STARS at presale for $0.0015127. However, this price will rise throughout the ICO, with the next increase later today.
To check the presale, investors can visit the projects website. To participate, they would need to connect their wallets and choose the amount they want to buy and the crypto they want to pay with.
Visit Crypto All-Stars Presale
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