Meme coin staking has been a chaotic, player-versus-player (PvP) environment since its inception. However, a brand new project called (STARS) intends to change this with its innovative staking protocol – the MemeVault.
The project’s memetic appeal and multi-token staking protocol have already helped its token presale raise over $3 million since its inception in August.
Let’s take a deeper look at STARS and what value it can bring to the already saturated meme coin space.
Only Two Days Remain Until the STARS Token Price Increases
Crypto All-Stars heavily favors early investors, as its per-token price gradually increases over time. Investors can currently purchase STARS for $0.0015432, but that price will go up if the presale raises another $232,000 or time runs out.
Similarly, its attractive staking APY of 516% will decrease as more STARS are staked, so it’s no wonder investors already staked more than 1.4 billion STARS. With 45% of the total token supply allocated to the presale and staking rewards, there’s still room for new investors to join.
Entering the presale is equally easy for whales and casual traders, as no minimum investment is required. Investors can purchase STARS with ETH, BNB, USDT, or a bank card. The project also accepts various meme coins as payment methods, including DOGE, PEPE, SHIB, and FLOKI.
Done by and , audits of the project’s smart contract show that there are no errors in its code.
To bolster investor trust further, the STARS team allocated 10% of the total token supply to liquidity, lowering slippage and promoting a safer trading environment.
Cross-Chain Meme Coin Staking Could Spell Long-Term Success for STARS
While the STARS low per-token price during the ICO attracts new investors daily, it’s the token’s utility that may drive its price after the launch.
Those holding STARS stand to benefit the most from using the MemeVault, as they’ll earn increased rewards from staking other meme coins. These rewards will also scale based on how many STARS the users hold, creating a strong incentive for traders to buy and hold the token.
Currently, the project’s goal is to unite Pepe, Doge, Shiba Inu, Floki, Brett, Mog, and holders of various other meme coins under one roof.
While MemeVault will support these coins from the very first day of its launch, STARS plans to introduce support for additional coins in the future. By expanding its token roster, Crypto All-Stars could attract new investors to the MemeVault and boost the demand for STARS.
As the launch of STARS and MemeVault draws closer, the project the news of an upcoming “Last Meme Standing” competition, which will see one meme token’s staking rewards skyrocket to 5,000%.
Although the team has yet to announce further details, this could be the first of many special offers awaiting MemeVault users.
Crypto Experts Highlight STARS’ Explosive Potential and Growing Community
Examining the project’s tokenomics further reveals a strong focus on marketing, for which 20% of the total token supply is reserved. Building a strong community is essential for the success of any meme coin, and STARS has already attracted over 20,000 followers on and through marketing efforts.
Crypto All-Stars has a minimalistic 3-phase roadmap, with a strong focus on the presale and marketing since the first phase. The second phase will see STARS being distributed to early investors as the presale ends, followed by MemeVault’s launch in the third phase.
Drawn in by STARS ICO’s unique approach to the meme coin space and early success, leading crypto experts are voicing positive sentiment. The Ethereum-based project has received praise from 99Bitcoins and Cilinix Crypto, with Jacob Bury calling it a “presale gem.”
According to meme coin expert Austin Hilton, Crypto All-Stars’ unique staking protocol will help it thrive in the $56 billion meme coin market. He urges his 276,000-strong YouTube audience to start accumulating STARS in the presale’s early stages.
Since the cost of the STARS token will only rise as the presale progresses, investors have limited time to secure their share at its current price of $0.0015432.