{"id":564244,"date":"2024-08-13T14:45:27","date_gmt":"2024-08-13T14:45:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=564244"},"modified":"2024-08-13T14:44:44","modified_gmt":"2024-08-13T14:44:44","slug":"new-meme-coin-crypto-all-stars-raises-330k-in-2-days","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/new-meme-coin-crypto-all-stars-raises-330k-in-2-days","title":{"rendered":"New Meme Coin Crypto All-Stars Raises $330K In 2 Days"},"content":{"rendered":"

Crypto All-Stars ($STARS)<\/a> has raised over $330,000 within the first 48 hours of launching its presale.<\/p>\r\n\r\n

This new token is throwing a meme coin party where holders of top meme coins like Dogecoin ($DOGE), PepeCoin ($PEPECOIN), or Shiba Inu ($SHIB) can score massive rewards with its native token, $STARS. <\/p>\r\n\r\n\r\n\r\n

It’s a new avenue for both meme coin whales and minnows alike to earn passive income from their holdings instead of letting them sit idly in their wallets. <\/p>\r\n\r\n\r\n\r\n

Investors can put their meme coins to work and earn an eye-popping annual percentage yield (APY) of 5,424%.<\/p>\r\n\r\n\r\n\r\n

But that’s not all – investors can earn up to three times more rewards simply by holding $STARS tokens.<\/p>\r\n\r\n\r\n\r\n

You can purchase this reward-enhancing token directly on the Crypto All-Stars website, where the price is currently $0.00138 per $STARS token at the start of the presale.<\/p>\r\n\r\n\r\n\r\n

However, this first round is nearing completion in less than 24 hours. Once it ends, the presale price will rise to $0.0013855 for the next round.<\/p>\r\n\r\n\r\n\r\n

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The Ideal Strategy For Meme Coin Investing Amid The Market Correction: Staking<\/h2>\r\n\r\n\r\n\r\n

Meme coins have been on a wild ride in 2024, emerging as the leading sector to surpass Bitcoin ($BTC) in gains during the first half of the year.<\/p>\r\n\r\n\r\n\r\n

Tokens like Floki ($FLOKI) and Shiba Inu ($SHIB) were standout performers, delivering gains of 418% and 67%, respectively, compared to Bitcoin’s 48.4%. Another notable performer was $PEPECOIN, which saw a 384.68% increase, while the biggest winner was Brett ($BRETT) on the Base chain, with a 746.27% gain.<\/p>\r\n\r\n\r\n\r\n

However, the first two months of the second half of the year have been less favorable for meme coins as the bulls remained subdued following its earlier peak.<\/p>\r\n\r\n\r\n\r\n

This is evident in the MarketVector™ Meme Coin Index chart, which tracks the top six meme coins. The chart shows a sharp rise from mid-February through the first six months, followed by a downturn starting in June.<\/p>\r\n\r\n\r\n\r\n

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MarketVector™ Meme Coin Index | MEMECOIN<\/a><\/p>\r\n\r\n\r\n\r\n

What’s next for meme coins? Former Goldman Sachs analysts suggest that this year’s initial surge could just be the start of a profitable cycle. <\/p>\r\n\r\n\r\n\r\n

Meanwhile, Bitcoin whales haven’t given up on BTC. In fact, they’ve been beefing up their holdings during the recent downturn, which is a positive sign for the entire industry.<\/p>\r\n\r\n\r\n\r\n

With the timing of the next bull market uncertain, staking meme coins may be a more strategic investment than letting tokens sit idle in your wallet. <\/p>\r\n\r\n\r\n\r\n

Staking offers a chance to earn passive income and enhance your investment’s value while the market stages a recovery.<\/p>\r\n\r\n\r\n\r\n

With Crypto All-Stars, meme coins transform from mere symbols of fun and humor into gateways for massive rewards.<\/p>\r\n\r\n\r\n\r\n

World’s First Unified Staking Solution: Crypto All-Stars Introduces ‘MemeVault’<\/h2>\r\n\r\n\r\n\r\n

Crypto All-Stars<\/a> is the first project to introduce unified staking through its MemeVault.<\/p>\r\n\r\n\r\n\r\n

The MemeVault is a staking protocol that allows investors to earn a lot of $STARS by staking popular meme coins such as $DOGE and $PEPE.<\/p>\r\n\r\n\r\n\r\n

But that’s not all – $BRETT, $SHIB, and $FLOKI are also invited to the Crypto All-Stars party. In fact, 11 of the top meme coins can be staked on the platform for rewards and below is the current list:<\/p>\r\n\r\n\r\n\r\n

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But if you think this guest list is exhaustive, you’re mistaken. It will soon expand to include more meme coins, as the party is just getting started.<\/p>\r\n\r\n\r\n\r\n

The MemeVault is designed to seamlessly manage multi-token and multi-chain meme coin staking within a unified system.<\/p>\r\n\r\n\r\n\r\n

Investors can maximize their rewards by holding $STARS tokens, which enable them to earn up to three times the usual returns. This setup provides a way to generate significant passive income from tokens currently being ‘hodled’.<\/p>\r\n\r\n\r\n\r\n

Crypto All-Stars is centered around staking, which encourages long-term holding and positively impacts the price of $STARS by reducing the circulating supply. About 137 million $STARS are currently locked in the MemeVault, representing more than half of the total presale funds raised.<\/p>\r\n\r\n\r\n\r\n

This focus on staking, combined with the capital raised in just two days, is why popular YouTube influencer Jacob Crypto Bury believes Crypto All-Stars has the potential to increase tenfold in value.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n