The Crypto All-Stars ($STARS) presale is gaining serious momentum as investors scramble to avoid missing the final deadline.
It’s building the first meme coin staking platform, which will allow users to generate passive rewards on all the top meme coin assets.
The presale will end in three days, and then $STARS will list on exchanges. As the end date nears, traders are making more significant investments in the presale. Currently, the total raise sits at $19.4 million.
Favorable market conditions spurred by Bitcoin crossing $100K, alongside investors witnessing the success of Pepe Unchained after its ICO, are helping drive Crypto All-Stars’ presale momentum.
The meme coin market is worth $117 billion today, and all the top projects have experienced significant price increases in recent months.
However, compared to other asset classes, such as DeFi and AI, investors can do very little with their meme coins beyond buy and sell.
Crypto All-Stars is changing this by creating a staking platform that allows users to generate passive income from their tokens. Holders across the meme coin industry will be highly interested in this.
The Crypto All-Stars staking platform supports 11 of the top meme coins. These are: Dogecoin, Shiba Inu, Pepe, Bonk, Brett, Mog Coin, Floki, Milady, Turbo, Toshi, and Coq Inu.
The team also noted that they’ll add more meme coins later.
To access the platform, users must hold $STARS, and the amount they hold determines how much they can earn.
This creates a flywheel effect: All users must buy $STARS, and they’re incentivized to hold as much as possible.
Therefore, it’s likely that we’ll see users hoard staking rewards rather than sell them. As the team adds new projects to the staking platform, this could significantly impact the Crypto All-Stars price. There won’t be enough supply for new users to buy, causing the price to rocket.
Indeed, this means that those who buy during the presale could be at a significant advantage, as they are among the only investors to buy before the staking platform and accompanying utility-driven demand begins.
Utility-focused meme coin Pepe Unchained soared 500% within three days after its presale ended last week, underlining the explosive potential of popular presale tokens once they hit the open market.
Pepe Unchained’s success has driven significant demand for Crypto All-Stars, with investors hoping for a rerun of its gains once $STARS lists on exchanges.
As to how far it could go, analyst ClayBro is looking beyond the 500% gain that Pepe Unchained provided and suggests it could 10x in price.
ClayBro underscores that the market appeal for meme coins is picking up, and Crypto All-Stars is well-positioned as an innovative application inside the sector.
Other analysts are looking even further ahead. For instance, Crypto June says it can 100x.
Something to note is that Pepe Unchained launched with a much higher market cap than Crypto All-Stars. This leaves more room for growth for $STARS, which is partly why analysts believe gains between 10x and 100x are possible.
The Crypto All-Stars presale is available to buy at a fixed price of $0.0016782. But with three days until it ends, now is the time to act for those who haven’t done so already.
Investors can buy $STARS via the project’s website or using the Best Wallet app.
Crypto All-Stars has been audited by Coinsult and Solid Proof, with both firms finding the project to be safe and secure.
Follow Crypto All-Stars on X or join its Telegram for the latest updates.
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