A new project called Crypto All-Stars ($STARS) is creating the first unified staking protocol for meme coins.
It’s currently raising funds for development via a presale, which is surging toward the $1.3 million total raised mark.
But investors are not the only ones giving a nod of approval – a prominent crypto expert recently predicted that $STARS could rise in value by an order of 10x.
If Jacob Bury’s call is accurate, then Crypto All-Stars presale investors could see substantial gains.
In a recent video, Bury labelled Crypto All-Stars as a “10x potential meme coin.”
The analyst underlined that Crypto All-Stars is adding utility to the meme coin sector and that much of that value will be captured in the $STARS token.
In the next section, we will examine Crypto All-Stars’ staking protocol and the importance of $STARS in it all.
Meme coins like Dogecoin and Pepe have reached multi-billion-dollar valuations based purely on community and vibes. But what happens when you add utility into the mix?
That’s what we are finding out with Crypto All-Stars, which is creating the first-ever “MemeVault.”
Using Ethereum’s ERC-1155 multi-token standard, the vault will support any cryptocurrency on any blockchain.
It will start with 11 of the heaviest-hitting meme coins, including Dogecoin, Shiba Inu, Pepe, Floki, and Turbo. However, its website says more tokens will be added later.
MemeVault participants will earn $STARS token rewards in return for staking.
However, they must hold $STARS to access the platform. This means holders of all the top meme coin projects will now be economically incentivized to invest in $STARS.
Traders understand this and are getting in early while the presale is ongoing.
$STARS is the lifeblood of the Crypto All-Stars ecosystem. Not only is it a prerequisite to MemeVault staking, but it also opens holders to native token staking rewards.
The MemeVault is still under construction, but native $STARS staking launched alongside the presale.
Presale participants can stake their tokens and start compounding their investment before the token even launches on the open market.
Currently, staking provides a 1,100% APY, but this will decrease as more tokens are staked.
25% of tokens are allocated to $STARS staking, which is equal to the 25% allocated to MemeVault rewards.
Given the relatively thin liquidity of $STARS to the total meme coin market, investors will secure a bigger pool share in $STARS staking, providing them with more rewards.
The remaining 50% of Crypto All-Stars tokens are allocated to the presale.
Crypto All-Stars is built using crypto’s most trusted technologies.
Underpinned by Ethereum ERC-1155, Crypto All-Stars has received two smart contract audits from external security firms.
One was from Coinsult, and the other was from Solid Proof. Both found the project is safe and secure.
The current Crypto All-Stars presale price is $0.0014419, but this will rise throughout the campaign.
With a one-of-one use case and a commitment to security, it’s no surprise that traders are quickly paying attention to Crypto All-Stars.
Should its current momentum continue, it could well become one of the strongest ICOs on the market.
Contribute to the presale by visiting the Crypto All-Stars website, connecting your wallet, and choosing the amount of $STARS you want to buy and the crypto you want to pay with.
The presale accepts ETH, BNB, USDT, Floki, Shiba Inu, Pepe, Dogecoin, and bank card payments.
Follow Crypto All-Stars on X or join its Telegram for updates. Otherwise, visit its website to buy and stake tokens.
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
U.S President Donald Trump has once again put the Federal Reserve under pressure. He just…
The SOL price could explode in December, many are upvoting this as Bitcoin and SOL…
Many investors watched Ethereum surge and regretted not entering early. Now, attention is shifting to…
The CRO price remained steady above $0.10 on Tuesday as broader markets positioned themselves ahead…
Hong Kong has launched a public consultation to update its Crypto Asset Reporting Framework (CARF)…
Michael Saylor has confirmed that Strategy will stay out of Japan’s digital credit market for…
