It’s been an excellent week for Shiba Inu (SHIB) holders, with the coin’s price up over 20% in the past day alone.
Meanwhile, Brett (BRETT) and Crypto All-Stars (STARS) are also seeing gains – hinting that a meme coin bull run might be on the horizon.
SHIB Price Soars on Massive Token Burn
Shiba Inu is one of the best-performing meme coins right now.
This dog coin has been on a serious run, climbing to $0.0000194.
That’s a 36% jump since Monday and a 20% surge in just the past day – highlighting the level of investor demand.
SHIB hasn’t hit this price point in over two months.
Spot volumes have also jumped by 88%, reaching $1.3 billion in the past 24 hours.
That makes SHIB the 9th most traded cryptocurrency in the world.
So, why all the excitement?
It all seems linked to SHIB’s token burns.
The burn rate has gone through the roof, shooting up by over 33,000%.
To put that in perspective, 1.8 billion SHIB tokens were sent to a null address in the latest burn, permanently taking them out of circulation.
This drop in circulation makes the remaining SHIB tokens scarcer – forcing up the price.
BRETT Coin Benefits from New KuCoin Campaign
But SHIB isn’t the only meme coin rising right now.
BRETT has also been on a bullish run.
The token is in the midst of an uptrend, currently hovering around the $0.101 level.
That marks a 26% jump since Monday.
BRETT was actually up by 30% earlier today before pulling back a bit, likely due to profit-taking from some traders.
Breaking past $0.10 is a big deal for BRETT.
It’s the first time the token has crossed this level since August 24th, and now it’s aiming to close in the green for the fourth time in five days.
That kind of consistency is catching the eye of investors.
Another reason for BRETT’s recent rise is KuCoin’s campaign for the token.
The exchange has launched a prize pool of 600,000 BRETT, giving traders a chance to snag some free tokens for completing tasks.
This campaign has prompted an uptick in overall demand.
And with broader market conditions beginning to look bullish, there’s a growing belief that BRETT can keep rising in the days and weeks ahead.
Crypto All-Stars’ New MemeVault Feature Leads to Huge Presale Demand
While SHIB and BRETT make headlines, a newer meme coin is quietly gaining traction in presale: Crypto All-Stars.
This coin aims to shake things up with a new feature called the MemeVault.
So, what is the MemeVault?
Imagine a staking protocol that brings together all of the top meme coins, like DOGE, SHIB, BRETT, and others, and lets you stake them to earn STARS.
It enables users to put their coins to work in a way that’s never been done before.
No more leaving your joke tokens idle – the MemeVault gives them a purpose (and potentially some impressive yields).
The buzz around this feature is growing fast.
Since the presale launched in August, Crypto All-Stars has raised over $1.6 million, with STARS tokens on offer for $0.0014652 each.
Investors are taking notice of this low entry point, and over 16,300 people now follow the project’s Twitter page.
A further 2,300 are active in Crypto All-Stars’ Telegram channel.
Looking ahead, the developers plan to list STARS on a DEX after the presale ends, although no date has been revealed yet.
Crypto influencer ClayBro believes STARS’ price could 10x (or more) after this listing.
With top meme coins like Shiba Inu and Brett now rallying, the next few weeks could be eventful for Crypto All-Stars investors.
Visit Crypto All-Stars Presale
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