{"id":573971,"date":"2024-09-06T16:40:29","date_gmt":"2024-09-06T16:40:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=573971"},"modified":"2024-09-06T16:40:29","modified_gmt":"2024-09-06T16:40:29","slug":"crypto-all-stars-ico-surges-past-1-million-raised-in-3-weeks-offers-1400-apy-on-staking","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/crypto-all-stars-ico-surges-past-1-million-raised-in-3-weeks-offers-1400-apy-on-staking","title":{"rendered":"Crypto All-Stars ICO Surges Past $1 Million Raised In 3 Weeks, Offers 1,400% APY On Staking"},"content":{"rendered":"
Crypto All-Stars ($STARS)<\/a> has raised over $1 million in its ICO, a notable feat in today’s tepid market. <\/p>\r\n\r\n\r\n\r\n Launched just three weeks ago, this new meme coin is drawing attention with its staggering staking rewards for the native token $STARS, currently offering a 1,400% annual percentage yield (APY) and an upcoming staking protocol for leading meme coins.<\/p>\r\n\r\n\r\n\r\n The project promises to add staking utility for popular meme coins, enabling them to generate passive income for holders. This is particularly appealing during a period when the market has yet to awaken the bulls from their slumber.<\/p>\r\n\r\n\r\n\r\n Ongoing capital injections have driven the presale value of $STARS to $0.0014248. Yet, further price appreciation is anticipated within the next 21 hours, pushing $STARS to $0.0014248 as it prepares for the next funding round.<\/p>\r\n\r\n\r\n\r\n The meme coin sector has faced substantial challenges in recent months, with September proving particularly tough. After peaking at over $60 billion earlier this year, the market value of meme coins has receded to $38.6 billion – a 35.6% drop, according to CoinGecko.<\/p>\r\n\r\n\r\n\r\n Tokens that experienced dramatic pumps earlier this year, such as Bonk ($BONK), which surged 239% in March, have since lost most of their earlier gains.<\/p>\r\n\r\n\r\n\r\n Investors who purchased $BONK at its peak have been enduring losses for about seven months now – making a possible $10,000 investment worth only $4,000 currently. And if things can’t get any bleaker, further declines are anticipated during this traditionally weakest month for crypto.<\/p>\r\n\r\n\r\n\r\nWhat To Do With Meme Coin Tokens Bought At The Peak Of The Bull Run?<\/h2>\r\n\r\n\r\n\r\n