Crypto All-Stars ($STARS) is a new cryptocurrency that allows users to stake their meme coins for passive rewards.
It has yet to launch on the market but is currently available at presale, where it is getting much attention.
The presale has just surpassed the $850K total raised mark, and top analysts have tipped it for big gains.
Crypto All-Stars lets users profit from meme coins – even when prices are flat
While newer meme coins like Pepe and Bonk have provided significant returns this year, market leaders Dogecoin and Shiba Inu have underperformed.
As such, millions of investors are left disappointed that their meme coin has not yielded the expected profits.
But this is a problem that Crypto All-Stars tackles. It’s allowing investors to profit from their meme coins, even when the price is flat.
This is the reasoning behind Crypto Wire’s bullish view for $STARS.
“Crypto All-Stars allows us to make passive income – not only from jumping into the presale but also by staking tokens like Shiba Inu and Dogecoin,” he said.
He continued, “While the price has been stagnant (for Shiba Inu and Dogecoin), you could be using those to make extra money with Crypto All-Stars. This is a big deal.”
The analyst concluded that this concept could give “huge profits.”
While Crypto Wire did not disclose any price predictions, other analysts did, and they’re exciting.
For instance, both Crypto Boy and 99Bitcoins say that the project has 100x potential after launching on exchanges.
Crypto All-Stars is backed by a significant bullish sentiment, but what is all the hype about?
Introducing Crypto All-Stars’ MemeVault: the first unified staking protocol for meme coins
Crypto All-Stars is a meme coin-focused staking protocol that lets users stake meme coins from any blockchain. They’re calling it MemeVault.
It’s expected to support all the top meme coins like Dogecoin, Shiba Inu, and Pepe. It will also support lesser-known projects like Milady, Turbo, and Mog Coin.
Per its whitepaper, the project is built upon Ethereum’s ERC-1155 multi-token standard, which allows the vault to support any cryptocurrency from any blockchain.
This solves a big issue in the crypto market – fragmentation.
Previously, liquidity and communities have been divided, bound by the limitations of their wallet’s compatibility. However, Crypto All-Stars is one of the only projects, especially in the meme coin space, emphasizing interoperability.
MemeVault has yet to launch, but investors can still generate staking profits with $STARS.
$STARS staking is live and offering a whopping 1,674% APY.
This will decrease over time, meaning the project’s early adopters will receive the lion’s share of staking rewards.
But staking is not the only utility for $STARS – the token also unlocks the MemeVault. Users must hold $STARS to access the platform and the more they hold, the more they can earn.
20% of the total $STARS supply is allocated to the presale, 25% to $STARS staking rewards, 25% to MemeVault rewards, and the remainder to marketing and liquidity.
Interestingly, the $STARS staking rewards and MemeVault rewards are split dead even.
Considering there will be significant demand for the MemeVault rewards, with millions of meme coin holders potentially vying for them, pursuing $STARS staking rewards could entail less competition and, therefore, more potential for returns.
The Crypto All-Stars presale price will rise throughout the campaign
Alongside $STARS staking rewards gradually decreasing, the Crypto All-Stars presale price will incrementally increase.
The presale operates in stages, and the price will rise at the beginning of each. The current stage will end in two days.
Investing in the $STARS presale is easy – connect your wallet to the project’s website and choose the amount you want to buy and the crypto you want to pay with.
The presale accepts ETH, BNB, USDT, and bank card payments.
And rest assured that the project is battle-tested and proven secure.
It has been audited twice – once from Solid Proof and once from Coinsult. Neither firm found any faults with the Crypto All-Stars smart contract.
Follow Crypto All-Stars on X or join its Telegram for the latest developments. Alternatively, visit its website to buy and stake tokens.
Visit Crypto All-Stars Presale
Source: https://coinpedia.org/press-release/popular-analyst-tips-crypto-all-stars-as-best-meme-coin-to-buy-for-q4-2024/