A new project in the meme coin sector has been quietly gaining traction.
Crypto All-Stars (STARS) has now raised $6.5 million in its token presale event.
The project, which offers staking options for coins like DOGE and PEPE, plans to launch on exchanges for the first time in December.
STARS token presale passes $6.5m as first DEX launch approaches
With just 22 days left in presale, Crypto All-Stars has gradually drawn attention from investors looking to get in early.
The project currently offers STARS tokens for $0.0016319 each and accepts crypto and traditional bank card payments.
According to Crypto All-Stars’ whitepaper, the team has allocated 10% of the total token supply specifically for liquidity.
Another 20% will be used for ongoing marketing efforts.
This All-Star train is still going! They are having a blast! 🔥👾✨ pic.twitter.com/3WYhAeohWL
— Crypto All-Stars (@all_stars_coin) November 27, 2024
This strategy is working, with online communities forming on X (formerly Twitter) and Telegram as launch day approaches.
While the exact listing date and exchange details remain under wraps, the project’s roadmap suggests a DEX listing shortly after the presale ends.
This is also when early investors can claim their STARS tokens.
Many community members hope the DEX launch will be a catalyst for positive price movement, given the early demand for STARS.
Plus, since Coinsult and SolidProof have audited the token, investors can take comfort in the team’s commitment to security.
MemeVault introduces multi-chain staking for meme coins
Crypto All-Stars’ key feature is the MemeVault.
The MemeVault is a new staking platform that aims to unite the fragmented world of meme coins.
Breaking from the typical single-token staking model, MemeVault lets users stake multiple meme coins (like DOGE and PEPE) in one place.
It can also work with different blockchain networks.
Picture a crypto investor who holds DOGE on Ethereum and WIF on Solana.
Instead of juggling different platforms and wallets, they could stake both coins simultaneously through the MemeVault, earning STARS tokens in return.
The platform uses the ERC-1155 standard to handle multiple coins in a single contract.
Crypto All-Stars also has a secondary staking app for the STARS token itself.
This app currently offers annual yields of 310%, though these rates will adjust as more investors lock up their tokens.
As it stands, investors have locked up over 2.3 billion STARS so far.
Meme coin market rebounds as investor interest in Crypto All-Stars grows
The meme coin market has found its footing after a shaky start to the week.
Most major coins are in the green in the past 24 hours, pushing the sector’s total value back above $115 billion.
This renewed momentum coincides with Crypto All-Stars’ presale hitting the $6.5 million mark.
It shows traders are regaining their appetite for meme projects.
Recently, Crypto All-Stars has also caught the attention of some prominent voices.
Crypto influencer Austin Hilton dubbed it his “favorite meme coin presale ever,” while ClayBro shared similar enthusiasm in his latest market analysis video.
These endorsements have helped add to the interest in Crypto All-Stars’ MemeVault feature.
As the presale deadline approaches, all eyes are turning to what’s next for STARS.
The combination of multi-chain staking, strong presale performance, and a growing online community suggests the project could have an interesting future.
For now, Crypto All-Stars continues to capitalize on the renewed optimism around meme coins while preparing for its December launch.