Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto All-Stars, a new memecoin in presale, has raised over $1.6M by introducing DeFi tech to memecoins.
There’s a new memecoin that is drawing a lot of attention. It’s called Crypto All-Stars (STARS) and is currently undergoing a presale.
It has generated over $1.6 million in funding so far, fueled by interest in its use case, which introduces DeFi technology to memecoins.
Presale participants are the earliest users of the Crypto All-Stars ecosystem, and as such, they’ll receive discounts on their investments.
The current Crypto All-Stars presale price is $0.0014652, but this will rise throughout the campaign.
Crypto All-Stars will 10X after ICO, says expert analyst
Among the swarms of investors contributing to the Crypto All-Stars presale lie some prominent industry names.
One of them is ClayBro, who says STARS can 10x after its presale.
The analyst suggested that crypto is entering a bull market again, enabled by the recent interest rate cuts in the United States.
He notes that lowering interest rate cuts makes investing in “risk-off” assets like government bonds less profitable, which will cause a rotation into “risk-on” assets.
According to ClayBro, innovative new projects like Crypto All-Stars could attract a portion of that liquidity.
However, STARS’ current thin presale liquidity means a relatively small amount of capital could raise its price by orders of magnitude.
But as we have seen many times – most recently with Niero CTO, which did a 500x in one month – meme coins that captivate investors are capable of much more than 10x gains.
Stake any top memecoin and generate rewards with STARS
While categorically a memecoin, Crypto All-Stars is set well apart from your average joke token.
The project is building the first unified staking protocol for memecoins, enabling users to stake all the top projects, such as Dogecoin, Shiba Inu, Pepe, Floki, Mog Coin, Bonk, and more.
It’ll start with 11 of the most popular tokens and plans to add more over time, allowing it to stay relevant with the market’s twists and turns.
With Crypto All-Stars, holders of all the top meme coins are now united in one protocol. And here’s where it gets interesting: they must hold STARS to access the platform.
The more they hold, the more they can earn. It’s a token economy that incentivizes those who make up the lion’s share of the $45 billion meme coin market.
Investors can also stake their $STARS tokens to extend their rewards. STARS staking launched alongside the presale and currently offers a 917% APY. However, this will decrease as the staking pool grows.
Crypto All-Stars brings the ‘DeFi renaissance’ to the meme coin sector
Crypto all-Stars’ use case merges memetic excitement with tangible utility based on proven decentralized finance (DeFi) principles.
After roaring success through 2020 and 2021, a DeFi awakening is taking place in the cryptocurrency markets.
It’s led by Aave, which has shot up over 100% from its July lows.
Why is Aave and the rest of the DeFi market performing so well? It’s because investors are realizing the power of compound rewards.
In an industry where prices are often driven by speculation, DeFi is one of the only categories that does what it’s supposed to do today.
Users can go right now and lend, borrow, trade, stake, and start growing their portfolio.
In the past 24 hours, Aave has generated over $620K in fees, reflecting the appetite for passive gains among crypto users.
And for the first time, memecoin enthusiasts can use all their favorite tokens to generate significant returns through Crypto All-Stars.
The presale is offering traders an opportunity to participate from the earliest stages, compounding their STARS before the project even lists on exchanges.
For more information, visit the Crypto All-Stars Presale website or join the community on Telegram and X .
Read the full article here