Memecoins are often criticized for lacking utility, but Crypto All-Stars (STARS) takes a different approach.
This Ethereum-based project has raised over $22 million for its memecoin staking platform.
With one day remaining in the project’s presale, early investors are already looking towards STARS’ first exchange listing, which is expected to take place shortly after.
STARS’ audited presale ends soon as investors prepare for DEX launch
The STARS presale has steadily gained momentum since its August launch, raising millions every week.
Early investors have flocked to secure tokens at a fixed price before they go live on exchanges.
Currently, STARS tokens are on offer for $0.0016782 each.
Crypto All-Stars’ team allows investors to buy in using crypto (e.g., ETH, USDT, BNB) or a credit/debit card.
Plus, those who decide to buy during the presale can also stake their tokens immediately.
👾 This party ain't stopping for no one! 👾
— Crypto All-Stars (@all_stars_coin) December 18, 2024
There are 22 million reasons why you should get into the Crypto All-Stars presale before it closes! Don't miss out! 🚀https://t.co/8IZTKBdAp2 pic.twitter.com/RFYcG2gHqQ
Investors have staked over 5 billion STARS in the project’s staking app, which offers estimated annual yields of 145%.
These yields will decrease as more investors participate.
Security-conscious investors have also noted that Crypto All-Stars has cleared smart contract audits from both Coinsult and SolidProof.
Both firms found no issues with the token’s underlying code.
Crypto All-Stars’ Telegram channel members are particularly interested in this commitment to security, which is rare for a new meme coin project.
They believe it signals a more serious approach to development – setting STARS apart from the countless meme coins that launch with minimal scrutiny.
MemeVault – the unified staking platform for meme coin investors
Crypto All-Stars’ main feature is the MemeVault.
It’s a unified staking platform that aims to solve a common problem in the meme coin space: fragmented yield opportunities.
MemeVault allows holders to stake popular coins, like DOGE and PEPE, in one place – earning STARS tokens as rewards.
Consider a typical memecoin investor holding these two coins.
Instead of navigating multiple apps or leaving them idle in a crypto wallet, the investor can deposit both into MemeVault through a single transaction.
By doing so, they’ll generate yield in STARS, which can also be staked in Crypto All-Stars’ secondary staking protocol.
This approach sets MemeVault apart from traditional staking apps.
These apps usually support one token or blockchain, yet MemeVault supports several since it uses the ERC-1155 standard.
By using this standard, MemeVault can theoretically handle unlimited coins while maintaining security.
Crypto All-Stars continues generating interest despite market downturn
The interest in Crypto All-Stars can be seen on social media.
STARS's official X (formerly Twitter) account now has over 20,700 followers, and the token is ranked fifth on ICOBench.com.
Crypto All-Stars has also captured the attention of the crypto YouTube community.
For example, the team at 99Bitcoins reviewed STARS in a recent video, while Austin Hilton discussed its future potential.
What’s also noteworthy is the project’s ability to maintain momentum despite the current pullback in the memecoin sector.
The sector has lost $35 billion in value over the past 10 days.
Yet the STARS presale continues to hit funding milestones, suggesting strong investor confidence in the token’s prospects.
As the final hours of the presale approach, all eyes are on what Crypto All-Stars will bring next.