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Despite today’s market dip, Crypto All-Stars shows resilience, nearing $3M in presales as traders shift from Shiba Inu and Dogecoin.
Despite a market dip today, Crypto All-Stars (STARS) has displayed incredible strength.
The project is fast approaching the $3 million total raised mark at presale, underlining its potential to become a breakout star in the meme coin space.
Traders who were once die-hard Shiba Inu and Dogecoin fans are quickly turning to this new project, captivated by its game-changing utility.
With Crypto All-Stars, users can stake all the major meme coins for passive STARS rewards.
Investors turn to STARS presale amid market turmoil, nears $3M raise
The Crypto All-Stars presale displays major strength, even while other meme coins tumble.
Its total raise is approaching $3 million with haste.
3 November is a key date – that’s when the next STARS presale price hike will occur.
However, these price hikes are expected to continue throughout the presale.
This means investors who buy today will see major gains, even before STARS launches on exchanges.
As such, traders are pouring in. This is evident in its huge total raise, but it can also be seen on social media. Several top industry players have tipped the project as a potential winner.
Crypto All-Stars is “ready to soar,” says ClayBro
Considering Crypto All-Stars’ early stage and unique use case, analysts believe it has a bright future ahead.
ClayBro, a popular trader with a large YouTube following, says STARS is “ready to soar.”
Even though meme coins have slumped today, the overarching trend for this year is disproportionate gains.
The narrative continues outperforming others during bullish periods, and ClayBro suspects the next major meme coin rally is within arms reach.
Crypto All-Stars holds a unique position in the market because it’s not inherently a meme coin. It’s a utility token that meme coin investors can buy to generate more profits.
Here’s how Crypto All-Stars’ staking app works:
As we mentioned, Crypto All-Stars users can stake top meme coins to generate passive rewards.
The project is building MemeVault, a multi-token staking contract capable of supporting cryptocurrencies from any blockchain.
They’re leveraging Ethereum’s ERC-1155 token standard to facilitate this.
Users can deposit tokens such as Dogecoin, Shiba Inu, Pepe, Bonk, and Flocki to earn $STARS.
But here’s the kicker: their rewards are tied to how much STARS they already own.
To maximize your earning potential, you must maximize your STARS holdings.
It’s a setup aiming to bolster STARS demand, which could result in significant price growth.
The MemeVault will start by supporting 11 of the top meme coins, but the team will add more later.
As they add new meme coins, this will attract more users, ensuring sustainable, long-term demand for STARS.
But Crypto All-Stars is not only about meme coin staking.
Stake STARS for up to 530% APY
Interestingly, Crypto All-Stars focuses on staking the native STARS token, which provides even more utility.
STARS staking launched alongside the presale and currently provides a 530% APY, but this will decrease as more tokens are staked.
So far, 1.3 billion tokens have been staked, illustrating immense demand for STARS.
However, the team has allocated 25% of the token’s total supply to STARS staking rewards, which enables a high staking APY to be paid long-term.
Today’s meme coin market performance shows that the sector is highly volatile.
Yet, Crypto All-Stars adds some stability by providing consistent and passive returns, which could help protect the downside on bearish days.
Traders are capitalizing by investing in STARS before it launches on exchanges.
Follow Crypto All-Stars on. Alternatively, visit its website to buy and stake tokens.
To learn more, visit the Crypto All-Stars presale and join the community on X or Telegram to stay updated.
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