{"id":567427,"date":"2024-08-21T14:25:01","date_gmt":"2024-08-21T14:25:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=567427"},"modified":"2024-08-21T14:27:49","modified_gmt":"2024-08-21T14:27:49","slug":"pepecoin-jumps-9-8-in-24-hours-as-new-meme-coin-crypto-all-stars-raises-600k-in-presale-promising-next-level-returns","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepecoin-jumps-9-8-in-24-hours-as-new-meme-coin-crypto-all-stars-raises-600k-in-presale-promising-next-level-returns","title":{"rendered":"PepeCoin Jumps 9.8% In 24 Hours As New Meme Coin Crypto All-Stars Raises $600k In Presale, Promising Next-Level Returns"},"content":{"rendered":"

One week into its presale, Crypto All-Stars ($STARS)<\/a> has already raised over $600,000.<\/p>\r\n\r\n\r\n\r\n

The project is the first in the industry to introduce multiple meme coin staking, regardless of the blockchain, on a single staking protocol.<\/p>\r\n\r\n\r\n\r\n

With the meme coin sector still largely in a deep sea of red (save for a few tokens), Crypto All-Stars is rapidly being recognized as a smart investment move for generating returns amid current market conditions.<\/p>\r\n\r\n\r\n\r\n

As a result, early contributors are swiftly snapping up the 8.4 billion $STARS tokens allocated for the presale. Approximately 293 million tokens have already been staked, representing about 60% of those purchased, which equates to nearly half a billion $STARS sold.<\/p>\r\n\r\n\r\n\r\n

The price of $STARS has increased three times since last week due to successfully progressing past its presale stages. It is now set to rise again from $0.0013966 to $0.0014022 in less than 48 hours.<\/p>\r\n\r\n\r\n\r\n

Staking Meme Coins For Additional Rewards<\/h2>\r\n\r\n\r\n\r\n

Since late July, the weighted market cap of meme coins tracked by DefiLlama has remained below 0%, indicating that the sector’s leading tokens have been largely inactive over the past 30 days.<\/p>\r\n\r\n\r\n\r\n

Moreover, DefiLlama’s token category tracking also shows that meme coins rank seventh in losses, with a 24% decline.<\/p>\r\n\r\n\r\n\r\n

\"\"<\/figure>\r\n\r\n\r\n\r\n

Narrative Tracker – DefiLlama<\/a><\/p>\r\n\r\n\r\n\r\n

In the past 24 hours, only 12 of the top 100 meme coins have appreciated, yet the overall market still managed to gain 3%.<\/p>\r\n\r\n\r\n\r\n

The standout performer is Sundog ($SUNDOG), which has surged by 49%. Additionally, the OG Pepe meme coin Pepecoin ($PEPECOIN) saw a 9.8% increase during the same period.<\/p>\r\n\r\n\r\n\r\n

While meme coins have been struggling recently, Crypto All-Stars<\/a> aims to revitalize the sector.<\/p>\r\n\r\n\r\n\r\n

In fact, the returns from $PEPECOIN in this short span could potentially be surpassed by the current staking rewards offered by Crypto All-Stars.<\/p>\r\n\r\n\r\n\r\n

Crypto All-Stars To Launch MemeVault Soon<\/h2>\r\n\r\n\r\n\r\n

Crypto All-Stars unites meme coins like $PEPECOIN, Dogecoin ($DOGE), Shiba Inu ($SHIB), Floki ($FLOKI), Brett ($BRETT), Mog Coin ($MOG), Milady Meme Coin ($LAYDS), Turbo ($TURBO), Toshi ($TOSHI), Coq Inu ($COQ), and Bonk ($BONK) on one platform for substantial gains. More tokens are set to join soon.<\/p>\r\n\r\n\r\n\r\n

The staking protocol called MemeVault enables users to stake these coins together, earning unified rewards denominated in $STARS.<\/p>\r\n\r\n\r\n\r\n

Once the MemeVault launches, meme coin investors can benefit from capital gains while also enjoying a convenient way to earn passive income. For example, while $PEPECOIN gained 9.8% in a single day, investors will earn additional returns when staked in the MemeVault. <\/p>\r\n\r\n\r\n\r\n

Additionally, since $STARS anchors the entire MemeVault ecosystem, holding $STARS activates a 3x reward multiplier, enabling holders to earn even more staking rewards.<\/p>\r\n\r\n\r\n\r\n

With such utility, the investment value of $STARS is expected to soar. Demand will be driven primarily by long-term holding incentives, which reduce the circulating supply of $STARS and contribute to a positive price trajectory.<\/p>\r\n\r\n\r\n\r\n

As a result, well-known crypto influencer ClayBro predicts that $STARS has the hallmarks of a top meme coin.<\/p>\r\n