A new meme coin project, Crypto All-Stars (STARS), is gaining traction in its token presale event.
The presale has raised close to $1.5 million in funding.
With a DEX listing scheduled for once the presale ends, investors are eager to see how STARS performs when it hits the open market.
MemeVault feature seeks to streamline meme coin staking
Crypto All-Stars’ main feature is the “MemeVault.”
This feature is attracting attention because it allows investors to stake various popular meme coins in one place.
Gone are the days of managing multiple wallets.
With MemeVault, coins like DOGE, SHIB, PEPE, and TURBO can coexist in a single platform.
While these meme coins are locked up, they aren’t just sitting idle.
Instead, stakers earn STARS – Crypto All-Stars’ native token.
Yields are currently quoted at 1,078% per year while the presale is ongoing, although this figure will drop as more investors participate.
Behind the scenes, the MemeVault runs on the ERC-1155 standard.
This technical framework enables the platform to handle meme coins from different blockchains, like Ethereum and Solana.
And for the security-conscious investor, Crypto All-Stars’ team has had the entire setup audited by SolidProof and Coinsult.
These audits found no vulnerabilities in the project’s code.
Overall, early investors believe the MemeVault will be a valuable addition to the meme coin ecosystem.
STARS presale trends toward the $1.4M milestone
The STARS token presale is gaining momentum, approaching the $1.4 million milestone.
Early investors can secure STARS tokens for $0.0014477 each.
Crypto All-Stars’ team accepts purchases made using ETH, BNB, USDT, or credit/debit cards.
One key factor driving the presale interest is that STARS investors can stake their tokens immediately - before they hit the open market.
Investors have already staked over 682 million STARS.
Post-presale, the team has a clear roadmap laid out in the project’s whitepaper.
Their first goal is to launch STARS on an Ethereum-based DEX, which will allow early supporters to trade their tokens.
This will be followed by the launch of the MemeVault platform.
The team has even hinted at CEX listings and comprehensive marketing campaigns in the future if everything goes according to plan.
They intend to use 20% of the total STARS supply to fund these campaigns.
Crypto All-Stars capitalizes on meme coin market revival
Crypto All-Stars’ social media presence is growing rapidly.
The project’s Twitter page has over 14,100 followers, and its Telegram channel has become a hub for STARS-related discussions.
This growing online community has caught the attention of some influencers.
Crypto YouTubers Jacob Bury and ClayBro have discussed Crypto All-Stars, spreading the word to their subscriber base.
Also, respected platforms like CoinSniper.net and ICOBench.com have put STARS in the spotlight.
All of this comes just as the meme coin market begins to bounce back.
After a rough patch, coins like SHIB and WIF are showing signs of life again, up 5% and 12% in the past day, respectively.
Spot trading volumes have also shot up to $5 billion.
These factors – the growing community, influencer nods, and market timing – paint an interesting picture for Crypto All-Stars.
It’s still early, but the project seems to be hitting all the right notes.