CoinNet report:
With the expansion of the meme coin field, Crypto All Stars brings something new to the space.
It is currently in the pre-sale phase and has raised $2.5 million so far.
Crypto All Stars ($Stars)
is building the world’s first unified staking protocol for meme coins, allowing users to generate passive income on some popular joke tokens.
$STARS has raised $2.5 million, with some investors giving up DOGE and SHIB for greater returns.
Crypto All Stars is bringing utility to the meme coin space, and it all started with the pre-sale.
In addition to widely accepted cryptocurrencies like ETH and BNB, the pre-sale also accepts payments in Dogecoin, Shiba Inu, Pepe, and Floki. Investors can even purchase $STARS with their cards.
This makes buying easy, so that’s what investors are doing.
So far, the pre-sale has raised $2.5 million, demonstrating significant market demand.
Furthermore, investors can stake their $STARS tokens during the pre-sale and have already staked over $1.2 billion worth of STARS.
Among all the hype, prominent meme coin traders are turning to Crypto All Stars.
For example, ClayBro, a popular Shiba Inu community member with 130,000 subscribers on YouTube, praises Crypto All Stars as “one of the easiest ways to accumulate Shiba Inu.”
But why is that? Let’s get into it.
Crypto All Stars is a betting application that can completely change meme coins.
In the past year, the price of Pepe has surged by 1361%, Mog Coin by 7434%, and many other meme coins have seen similar situations.
Imagine if you had bought these projects a year ago, generating passive returns as prices rise and compounding your earnings. The results would be astounding. That’s exactly what Crypto All Stars enables.
The platform supports 11 top meme coins, including Dogecoin, Shiba Inu, Pepe, Mog Coin, Bonk, and Floki. It also states that support for more is coming soon.
Users can stake their meme tokens in the platform’s “MemeVault,” which is an Ethereum ERC-1155 multi-token standard-supported smart contract.
In return, the stakes can earn $STARS tokens. But the key is: they must hold $STARS to access the platform, and their rewards are proportional to the amount they hold.
This is a concept strategically capturing project value within the tokens, with $STARS being the entry cost for the 11 meme coin communities that may be interested in the platform.
According to its website, 20% of the total token supply is allocated to the pre-sale, 25% to pre-sale staking, 25% to MemeVault staking, 20% to marketing, and 10% to exchange liquidity.
What can we expect after the Crypto All Stars pre-sale?
The strong start of the pre-sale indicates continued growth once $STARS is launched on the public market.
Additionally, MemeVault will be launched after the pre-sale, opening up utility-driven demand for $STARS, which could increase its price.
The team keeps the listing venue confidential, although it does mention “CEX liquidity” on its tokenomics page.
With that said, we can expect centralized exchange listings to occur after the launch, considering the market interest, possibly on major exchanges like Binance or Coinbase.
Currently, investors can acquire STARS during the pre-sale at a price of $0.0015127. However, this price will increase throughout the ICO, with the next increase happening later today.
To check the pre-sale status, investors can visit the project’s website. To participate, they need to connect their wallets, choose the amount they want to purchase, and the cryptocurrency they want to pay with.
Visit the Crypto All Stars pre-sale.
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