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The broader market uncertainty has not reduced investors’ appetite for new meme coins.
Now, a new viral meme coin – Crypto All-Stars (STARS) – is defying the bearish market trend with its strong presale funding, having already raised over $1.1 million in a few short weeks.
This strong investor confidence is largely due to its unique features, primarily its MemeVault protocol which is the first-ever unified staking model.
Experts are also bullish on its upside potential, with many including it in their lists of best crypto to buy now.
How Crypto All-Stars Became The Latest Viral Meme Coin?
In a space dominated by ordinary, run-of-the-mill coins, a utility-packed token like Crypto All-Stars is sure to attract considerable attention.
As previously stated, the meme coin is launching the first-ever unified staking program, MemeVault. It will allow investors to stake a wide variety of meme coins and earn staking rewards at a high rate, in the form of STARS tokens.
MemeVault – being a multi-chain, multi-token platform – will accept 11 coins in its first iteration – Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Floki Inu (FLOKI), Based Brett (BRETT), Mog Coin (MOG), Milady Meme Coin (LADYS), Turbo (TURBO), Toshi (TOSHI), Coq Inu (COQ) and Bonk (BONK). More tokens will be onboarded in the future.
MemeVault is already creating quite a buzz and experts believe it could see significant adoption after its launch. The concept is particularly promising for existing holders of other top meme coins.
After all, most top meme tokens – including Dogecoin and Pepe – do not generate any passive income. Coins like Floki – which have their own staking protocols – are the exception and not the rule.
This means meme coin investors are entirely dependable on the broader market sentiment, which in turn depends on a wide variety of factors like macroeconomic outlook, geopolitical tensions and the performance of the global financial markets.
For instance, most top meme coins are currently down by over 50% from their all-time highs.
However, investors could use MemeVault to generate passive income on their holdings, irrespective of the short-term price fluctuations. Those who choose to stake STARS will receive thrice the rewards.
In fact, STARS presale buyers do not need to wait for the MemeVault launch to start earning passive income. They can utilize the secondary staking program, which is currently offering a reward rate of over 1200%.
With such attractive rewards in store, it is no surprise that experts are backing Crypto All-Stars as one of the best crypto to buy now.
Is STARS Legit or a Scam?
Investors are rightfully concerned about the potential security risks associated with new meme coins.
Therefore, the developer team behind STARS is addressing these concerns head-on, resulting in strong investor confidence.
For one, the Crypto All-Stars smart contract is audited by Coinsult and Solid Proof – two reputable security companies in the Web3 space. The audits reported no vulnerability that could expose client funds to potential danger. Additionally, the smart contract also does not have the common centralization risks that plague new meme coins.
The developer team has further reduced the risk of rug-pulls and pump-and-dump price action with its community-centric tokenomics. Indeed, no separate allocation has been made for any private sale or the team.
In fact, 70% of the token supply is directly allocated to the investors – 25% through the MemeVault ecosystem, another 25% with presale staking and 20% during the presale.
The remaining 30% will be split between marketing strategy and CEX/DEX liquidity.
Even the MemeVault protocol will be heavily audited before its launch. As such, it is built according to the ERC-1155 standard and can safely handle multi-chain, multi-token staking.
Finally, Crypto All-Stars has functioning and popular social media accounts, features often missing in scam projects. The viral meme coin already has 9.2k followers on its X account, on top of the nearly 2k subscribers on its Telegram.
Crypto All-Stars – The Best Crypto To Buy Now?
As previously stated, experts are including Crypto All-Stars in their lists of the best crypto to buy now.
In fact, popular crypto channels like 99Bitcoins – which has over 700k YouTube subscribers – are calling it the next 100x crypto and a presale gem.
This is especially true now that investors can buy STARS with their existing DOGE, SHIB, PEPE and FLOKI holdings.
After all, these meme coins are trading substantially below their respective all-time highs and continue their bearish trends owing to the continued macroeconomic uncertainty. On the contrary, investors can swap them to buy a new meme coin which will show no correlation to the broader market sentiment.
They can always swap STARS back to the original to coin after the presale.
Buyers can also swap ETH, BNB, USDT or simply use a bank card. The over-the-counter widget on the Crypto All-Stars presale website makes the process as easy as a few clicks.
