{"id":580827,"date":"2024-09-27T15:56:48","date_gmt":"2024-09-27T15:56:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=580827"},"modified":"2024-09-27T15:56:48","modified_gmt":"2024-09-27T15:56:48","slug":"meme-coin-market-cap-hits-57b-as-meme-coin-staking-platform-crypto-all-stars-surges-past-1-6m-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/meme-coin-market-cap-hits-57b-as-meme-coin-staking-platform-crypto-all-stars-surges-past-1-6m-in-presale","title":{"rendered":"Meme Coin Market Cap Hits $57B As Meme Coin Staking Platform Crypto All-Stars Surges Past $1.6M in Presale"},"content":{"rendered":"

Crypto All-Stars ($STARS)<\/a> has now raised $1.6 million in funding amid a heating-up meme coin sector.<\/p>\r\n\r\n\r\n\r\n

On Friday, meme coins reached a total collective value of $57 billion, as the sector and the broader market aim to close out September – typically the most challenging month for crypto – on a positive note as the market looks ahead to the more favorable months in October and November.<\/p>\r\n\r\n\r\n\r\n

The industry’s first meme coin staking platform, Crypto All-Stars’ MemeVault, designed to amplify recent gains in meme coins, is gaining added momentum from the reawakening of bullish sentiment.<\/p>\r\n\r\n\r\n\r\n

Crypto All-Stars’ presale is on track to reach its next milestone of $1.7 million within hours. <\/p>\r\n\r\n\r\n\r\n

Investors looking to get in on the action have about 24 hours to acquire $STARS at $0.0014652 per token before the price rises to $0.001471, marking the start of the next funding stage.<\/p>\r\n\r\n\r\n\r\n

Leading Meme Coins Rack Up Double-Digit Gains<\/h2>\r\n\r\n\r\n\r\n

The extra push in Crypto All-Stars<\/a>’ funding and the meme coin pump on Friday is largely influenced by top meme coins posting double-digit returns, with trading volumes rising by 56% to nearly $8 billion.<\/p>\r\n\r\n\r\n\r\n

While no specific catalyst can be identified – perhaps aside from the global trend of monetary easing – the sector’s recent positive performance is a much-needed turnaround after nearly two months below the $50 billion market capitalization.<\/p>\r\n\r\n\r\n\r\n

Top tokens such as Dogecoin ($DOGE), Shiba Inu ($SHIB), Bonk ($BONK), Floki ($FLOKI), Brett ($BRETT), DogWifHat ($WIF), and Pepe ($PEPE) saw gains of 11.21%, 19.4%, 17.55%, 16.86%, 15.77%, and 17.46%, respectively.<\/p>\r\n\r\n\r\n\r\n

These increases coincided with a one-day uptick of 5.25% in the MarketVector™ Meme Coin Index, which tracks these top six meme coins.<\/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

Other top meme coins, such as Mog Coin ($MOG), Milady Meme Coin ($LAYDS), Coq Inu ($COQ), and Turbo ($TURBO), have seen gains of 11.19%, 14.32%, 10.08%, and 3.56%, respectively.<\/p>\r\n\r\n\r\n\r\n

With this bullish momentum returning, the timing is ideal, as the next two months are historically among the best for crypto gains.<\/p>\r\n\r\n\r\n\r\n

However, double-digit returns may still feel modest to seasoned investors, as those entering the crypto space typically seek significantly higher returns.<\/p>\r\n\r\n\r\n\r\n

For example, First Neiro on Ethereum ($NEIRO) exemplifies a crypto Cinderella story, skyrocketing from a $15 million market cap to $468 million in just 11 days – a remarkable 200x return that many crypto investors aspire to achieve.<\/p>\r\n\r\n\r\n\r\n

Projects with such potential usually feature solid tokenomics, robust community support, and, increasingly, added utility – characteristics embodied by Crypto All-Stars<\/a>.<\/p>\r\n\r\n\r\n\r\n

$STARS Token: The Gateway To Big Capital Gains And Passive Income<\/h2>\r\n\r\n\r\n\r\n

Crypto All-Stars is incubating a groundbreaking staking platform called MemeVault, which allows top meme coins to be staked together to earn rewards – the first in the industry to offer such capabilities.<\/p>\r\n\r\n\r\n\r\n

Investors can now amplify returns from meme coins without the hassle of navigating multiple staking pools. With MemeVault, earning passive income becomes a straightforward and convenient process.<\/p>\r\n\r\n\r\n\r\n

The staking platform supports the aforementioned tokens, excluding $PEPE, as only the original PepeCoin ($PEPECOIN) is included. <\/p>\r\n\r\n\r\n\r\n

However, MemeVault is capable of accommodating an unlimited number of tokens, which could include newer versions of Pepe, such as Pepe Unchained ($PEPU)<\/a> in the future. This flexibility emphasizes MemeVault’s efficient, adaptable, and less redundant design.<\/p>\r\n\r\n\r\n\r\n

At this moment, meme coin investing has never been more rewarding, which popular crypto influencer ClayBro can confirm.<\/p>\r\n