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Homeweb3.0Crypto All-Stars raises $750K, poised to reshape memecoin staking
Crypto All-Stars raises $750K, poised to reshape memecoin stakingAug 27, 2024 am 06:25 AM
Crypto Presale Memecoins All-Stars

Memecoin excitement is stirring up, and traders are turning to Crypto All-Stars (STARS) for a diversified bet across the sector.

Crypto All-Stars raises 0K, poised to reshape memecoin staking

Crypto All-Stars (STARS) raises $750K, poised to reshape memecoin staking

Memecoin excitement is stirring up, and traders are turning to Crypto All-Stars (STARS) for a diversified bet across the sector.

The project is currently undergoing a presale, which has raised $750K.

Crypto All-Stars will be the first unified staking protocol for memecoins. This concept will change everything for joke token bag holders.

A bet on STARS removes the guesswork from memecoin trading

Memecoins are like lottery tickets – they provide huge returns but are often a game of pure chance. That was until Crypto All-Stars.

The project acts as an infrastructure play for memecoins, meaning it will be used as an operational component within the sector. Because of this, it’s a more diversified option than other memecoins on the market, which are mostly no-utility assets based on a specific joke or trend.

So someone is probably thinking – what exactly is Crypto All-Stars? Allow us to explain.

Crypto All-Stars is a memecoin staking protocol allowing users to stake memecoins from any blockchain. It leverages Ethereum’s ERC-1155 multi-token standard to facilitate this and is expected to support all the top meme projects, including Dogecoin, Shiba Inu, and Pepe.

For the first time, memecoin holders industry-wide can earn money from their tokens without selling them. It changes the market dynamics.

Previously, they’d have to sell their memecoins to make a profit. Now, they can lock them up in Crypto All-Stars’ “Meme Vault” and live off the passive income.

With less selling pressure, memecoin prices could be about to go sky-high. The MemeVault has yet to launch, but investors are already profiting from Crypto All-Stars.

They’re doing this through STARS staking, which is live and currently provides a 1,905% APY. However, this APY will decrease over time. The big rewards are on a first-come, first-served basis.

Memecoin mania ignites on Tron and BSC

Nobody saw this coming – meme coin season has kicked off on Tron and BSC. Unless someone is at their screen 18 hours per day, preempting these memecoin trends is almost impossible.

While most retail traders were glued to Solana, Ethereum, and Base memes, the market once again did the opposite of what everyone thought, with Tron and BSC memes blowing up.

If we do get a $BNB season fuelled by the new pump fun platform they are launching called https://t.co/ysQm4pR0xr & CZ release, $FOUR will be the $SUNDOG or $BONK of #BSC

The OG meme of this cycle that launched at the perfect time before the season started.

Easy bet to go 9 figs https://t.co/MOtbbLMwnk pic.twitter.com/ZhtimEseYs

To make money in this market, traders need time, skill, and luck all on their side. It’s a recipe that only a few get right.

But that’s why something like Crypto All-Stars is drawing everyone’s attention. In times when memetic activity is rising, Crypto All-Stars is bound to absorb some of that liquidity.

To access the MemeVault, users must hold STARS. And the more they have, the more they can earn. Put differently, as the prices of MemeVault-supported tokens rise, so will the value of STARS.

Imagine Crypto All-Stars as an ETF for all the top memecoins.

And the concept is catching on fast. Jacob Bury suggests it has 10x potential once it launches on exchanges.

“It’s high-risk, high-reward stuff, but it looks

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