New meme coin staking protocol Crypto All-Stars (STARS) has reached the $1 million milestone in its presale phase.
By allowing investors to stake popular meme coins like DOGE and PEPE, Crypto All-Stars aims to bring passive income opportunities to this sector of the market.
Revolutionizing meme coin utility with Crypto All-Stars’ MemeVault
Crypto All-Stars is gaining attention thanks to its “MemeVault” feature.
The project addresses a common criticism of meme coins: their lack of utility.
MemeVault allows holders of meme coins to stake their holdings and earn rewards paid out in STARS tokens.
The platform simplifies the staking process by offering a single location for these coins.
This setup removes the need for multiple wallets or platforms.
And those who already own STARS will also receive triple the staking rewards.
It’s an ecosystem that offers utility to coins like DOGE, SHIB, and PEPE, giving investors a reason to hold them long-term.
Crypto All-Stars also has a secondary staking app for the STARS token.
Holders can lock up their STARS in this app and generate recurring rewards - over 501 million tokens have already been staked.
These two features - the MemeVault and the STARS staking app – work together to create a cohesive rewards system for meme coin fans.
Crypto All-Stars presale hits $1M milestone
Crypto All-Stars’ presale has reached the $1 million milestone in funds raised.
Since its launch on August 10th, the presale has been in high demand, offering STARS tokens at a discounted price.
Currently, investors can buy STARS for $0.0014248 each.
However, the price is designed to increase gradually as the presale progresses through its 50 stages.
The developers have made buying in simple.
Investors can use either ETH, BNB, or USDT – and there’s even an option to purchase with a credit/debit card.
As an added incentive, they also offer staking rewards during the presale period.
That means STARS investors can lock up their tokens before the official launch.
The Crypto All-Stars community has shown interest in this presale/staking setup.
Over 7,600 people now follow the project’s Twitter page, while 1,800 are active on Crypto All-Stars’ Telegram channel.
Much of the talk concerns the developers’ planned DEX listing for STARS.
No specifics have been revealed about this listing yet.
However, there is speculation that a DEX launch will occur right after the presale ends, with a CEX launch potentially following.
Clear tokenomics & smart contract audits add to the excitement around STARS
Crypto All-Stars is also generating traction due to its tokenomics setup.
The project’s whitepaper notes that 20% of the total STARS supply has been set aside for presale buyers.
Then, there’s a 25% allocation for staking rewards and future development.
The rest will be split between marketing and liquidity.
As for security, Crypto All-Stars has got the green light from two separate security firms: SolidProof and Coinsult.
They found no issues in STARS’ smart contracts.
The clear tokenomics structure and smart contract audits have helped Crypto All-Stars catch the attention of some popular crypto YouTubers.
Jacob Bury and ClayBro, two experts with sizable YouTube channels, have discussed the project in recent weeks.
And all of this chatter is showing up in the numbers.
Crypto All-Stars has nabbed the number two spot on ICOBench.com and the number three spot on CoinSniper.net.
These two sites rate and rank upcoming crypto launches, and STARS's inclusion in their rankings shows that the token is being recognized by industry experts.