Crypto All-Stars ($STARS) is laying out a blueprint formula for meme coin success.
It has raised $500K in its opening five days of presale, setting it apart from other new projects.
But it’s no surprise – the team has crafted a genius use case.
Crypto All-Stars will be the first-ever unified meme coin staking protocol.
Users can stake any meme coin on any blockchain and earn passive rewards.
It’s a complete game changer for the industry, and traders are taking advantage of the low presale price.
From satirical joke tokens to L1 proxies: the evolution of meme coins
December 6, 2013, Jackson Palmer and Billy Markus cemented their places in crypto’s history by creating a satirical version of Bitcoin with a cute Shiba Inu dog as its fan-facing mascot.
At the time, it was meant as nothing more than a light-hearted prod at crypto’s contagious ideology, but it soon developed a life of its own.
Fast forward a decade, and there’s now an army of joke tokens, each with loyal communities conspiring to pump up the price of their chosen meme coin.
It’s an outlandish spectacle nobody saw coming, especially given the sector’s $40 billion valuation.
That’s similar to the market cap of Adidas or Barclays Bank.
While meme coins were once a mode of entertainment, they’re now legitimate financial instruments.
They often serve as proxy bets on their underlying blockchain layer one coin.
Traders view Pepe as a “leveraged bet” on Ethereum and Dogwifhat as a leveraged bet on Solana.
However, meme coin prices are primarily driven by speculation.
But that’s all about to change.
Crypto All-Stars is entering the market at full pace, and its use case broadens the possibilities of so-called joke tokens.
The project is building a “MemeVault,” which enables meme coin holders from all the top projects to stake their tokens for passive $STARS rewards.
It’s a concept attractive to users from across the industry, entrenching $STARS as a critical piece of memetic infrastructure.
The more $STARS users hold, the more they can earn
While most meme coins are driven by speculation, that’s not the case for Crypto All-Stars.
This new project has carefully engineered its tokenomics to ensure maximum utility-rooted demand.
$STARS is required to unlock the full capabilities of Crypto All-Stars.
The more you own, the more MemeVault rewards you’ll receive.
As such, traders are in a race to accumulate as much $STARS as possible.
While the MemeVault has yet to launch, they can already put their $STARS tokens to work in the project’s native token staking contract.
It’s live and currently provides an eye-watering 3,000% APY. However, this will decrease over time.
Users can rest assured that the project has been rigorously tested by third-party security consultants.
Auditors include Solid Proof and Coinsult and have found no potential risks.
Analyst backs Crypto All-Stars for 100x gains after presale
Raising $500K marks a significant moment in Crypto All-Stars’ trajectory.
It’s gone from an unknown prospect to a proven force within the presale domain.
As such, analysts can’t get enough.
In a recent YouTube breakdown, one commentator from 99Bitcoins speculated that it could 100x in value after launching on exchanges.
“It’s about to shake up the entire meme coin space,” said the analyst.
He also highlighted the benefits of buying during the presale, “We’re very bullish on these presale gems as the opportunity can be endless – so if you want to load up, now is your time to strike.”
Currently, the Crypto All-Stars price is $0.0013911.
However, the presale price will gradually increase throughout the campaign.
As such, those waiting to buy should not wait around.
Follow the project’s X account or join its Telegram to catch the latest updates. Otherwise, visit its website to buy and stake tokens.
