The post Meme Coin Market Reaches New ATH as Crypto All-Stars Raises $10.5M – But ICO Ends In 11 Days appeared first on Coinpedia Fintech News
The meme coin market reached a new all-time high (ATH) valuation over the weekend of $133.7 billion, but Crypto All-Stars ($STARS) was one of the main beneficiaries as its presale raise crossed $10.5 million.
After trailblazing success throughout its fundraising campaign, $STARS is now preparing to list on crypto exchanges.
Investors are seizing the opportunity to buy the token before that happens, with almost $500,000 of capital pouring into the presale in the past 24 hours.
The project is building a unified staking platform that lets users generate passive income on their meme coins.
2024 has been a transformative year for meme coins as the world begins to view them as respectable mid-term investments rather than short-term opportunistic bets like in the 2021 meme coin bull run. This is why the meme coin market reached a record-high valuation this weekend.
Crypto All-Stars serves this longer-term outlook by allowing users to put their meme coins to work rather than leaving them sat uselessly in their wallets.
The presale is running at $0.0016782, but it ends in 11 days, and then $STARS will be listed on the open market.
As Bitcoin takes a breath around $100K, altcoins are growing and taking a bigger market share. Notably, meme coins are thriving, which is exactly what the Crypto All-Stars community wants to see.
No Longer A Joke: Meme Coins like $STARS Are Dead-Serious
Legacy media and more conservative crypto investors have succumbed to the power of meme coins and now regard them as an integral part of the industry. Players such as the Financial Times and Vitalik Buterin are among those who have switched their stance and accepted meme coins.
Yes, they remain speculative and volatile assets. But as Vitalik wrote, they can also be a force for good, creating new use cases inside the crypto industry. Indeed, that’s exactly what Crypto All-Stars is doing.
Investors can bet and have fun by holding their favorite meme and being a part of the community, but Crypto All-Stars turns these “joke tokens” into strategic, revenue-bearing assets.
Vitalik underscored multiple potential use cases, such as charity and gaming, which could birth meme coins that “support public goods.” Floki is an example of a charity-focused meme coin, while Shiba Inu incorporates gaming.
The meme coin sector is no longer just useless dog coins – it’s an innovative financial asset class that merges fun with new possibilities.
Crypto All-Stars is the project that ties all this together. Whether you hold Dogecoin, Shiba Inu, Floki, Pepe, or something else, you can stake it in Crypto All-Stars’ MemeVault and generate passive income.
Is Crypto All-Stars The Next $1 Billion ? Crypto Project?
There are now ten meme coins with a valuation above $1 billion. However, Crypto All-Stars is the first to unlock staking utility inside the sector, a much-needed addition for those seeking to maximal returns.
But what’s interesting about Crypto All-Stars is that they simplify the experience of staking meme coins. You’ll be able to stake all the top meme coins from one app, removing the headaches of managing different sites, learning different UIs, and having to switch back and forth to track your assets.
MemeVault users will save time and bolster returns. It’s a no-brainer.
The $STARS token is the centerpiece of this. Users can earn up to three times as much from MemeVault by maximizing their $STARS holdings. Forget $1 billion; $STARS could be heading much higher. MemeVault’s addressable market is over $100 billion.
Users can also stake their $STARS tokens for more rewards. Right now, $STARS staking offers a 220% APY.
Experts Greenlight Crypto All-Stars
The project’s unique position as the only protocol offering unified meme coin staking services is drawing huge industry-wide attention.
Popular crypto trader Danny Boo recently told his 64.8K YouTube subscribers that $STARS is the most bullish meme coin of the year.
Boo underscored that meme coins are undergoing a “super cycle,” where prices are rallying, unlike anything we’ve seen before. With that, Crypto All-Stars’ industry-first utility creates huge potential for gains.
The project has also featured in leading media outlets like Cryptopotato and Cointelegraph, attesting to its ability to turn heads at the highest levels.
Will Crypto All-Stars List on Binance or Coinbase In 11 days?
As Crypto All-Stars veers towards its exchange launch, $STARS is set to list on exchanges, which provide exposure to a wider investor pool and increased liquidity.
Its significant presale success shows that it has real market appeal, something that will not go unchecked by tier-1 platforms like Binance, Coinbase, and Robinhood.
The All-Star Dominance Continues!
These All-Stars are 8 digits of fun now! 10 Million is a massive number!
Thank you! We'll see YOU in the MemeVault
pic.twitter.com/T2TkUCPuxG
— Crypto All-Stars (@all_stars_coin) December 7, 2024
Which exchanges win listing rights for Crypto All-Stars remains to be seen, but it’s no secret that the top platforms are in competition to list meme coins and secure a bigger market share.
Coinbase is winning in December, listing Mog Coin and Moo Deng. Will Binance try to claw its way back by securing Crypto All-Stars?
Buy $STARS Before The Presale Ends
The time to purchase $STARS is running low. With just 11 days until the presale ends, now is the time to act.
Visit the Crypto All-Stars website, connect your wallet, and choose the amount of $STARS you want to buy and the crypto you want to pay with.
Prospective investors can also buy $STARS via the Best Wallet app, which can be downloaded from the App Store and Google Play Store.
You can stay updated on the latest news and developments by following the Crypto All-Stars X or joining its Telegram.
Visit Crypto All-Stars Presale
