Meme coins added $7 billion and Crypto All-Stars raised $10 million in an ICO

In the last 24 hours, the market capitalization of meme coins has grown by $7 billion. One of the main beneficiaries was the Crypto All-Stars ($STARS) project, which raised $10.3 million.

Meme projects, conceived as a joke, have become the fastest growing cryptocurrency sector with a market capitalization of $146.5 billion and trading volume of $37.7 billion in 24 hours.

Crypto All-Stars raised $500,000 in the past 24 hours due to interest in MemeVault’s revolutionary staking mechanism, which allows meme coins to be locked down for passive income.

More and more investors are holding on to memcoins in anticipation of their continued growth. Crypto All-Stars introduces the first unified meme coin steaking protocol.

The $STARS tokens are available at $0.0016782, but there are only 12 days until the end of the presale. While Bitcoin is sawing the $100,000 level, its dominance has dropped to 53.8%, allowing altcoins, especially meme coins, to strengthen their position in the market.

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Meme coins are at the forefront of the new financial ecosystem, and the $STARS single-stack incentivizes new holders

Coverage of meme coins has even reached publications such as the Financial Times, where their ability to build and monetize communities through social media virality is highlighted. Meme coins remain hyperspeculative, but if chosen correctly can yield staggering profits, causing envy among traders in the classic stock market.

While “dinosaur” cryptocurrencies like $XRP, $TRON and $ADA were the early winners of the altcoin season, meme coins like $CHILLGUY and $PNUT are in the spotlight. They represent the next generation, moving the financial ecosystem forward, as noted by Gillian Tett of the Financial Times.

The story of a squirrel putting to sleep in New York City, which went viral on social media, caught the attention of Ilon Musk and inspired the creation of the Peanut the Squirrel token ($PNUT).

Since launching in November, PNUT has grown to a capitalization of $1.4 billion, up 2,573% since CoinMarketCap began tracking it. For buyers on the pump.fun platform, the returns have been even higher. The Crypto All-Stars market timing is ideal for new and old meme coin holders expecting long-term growth.

Why Crypto All-Stars could be the next $1 billion capitalization meme coin

Crypto All-Stars has comparable potential to $PNUT to reach a market capitalization of $1 billion, thanks to its innovative MemeVault. It’s not just a staking platform – it allows leading meme coins to be aggregated and hosted through a single protocol.

MemeVault simplifies asset management by eliminating the need for multiple platforms. The system allows holders to save time and maximize returns by hosting all assets in one place.

Staking returns increase when users hold $STARS tokens – native to the platform. The more $STARS tokens, the higher the rewards.

The $1 billion goal is just the beginning. Given the scale of the market, $STARS could reach a much higher valuation.

Crypto All-Stars remains the only project offering a unified meme coin-stacking service, due to which it is actively discussed in the crypto-media.

Publications such as Cointelegraph, Bitcoin.com, CryptoPotato, ReadWrite and Brave New Coin have been touting the possibilities associated with the project. The YouTube channel Crypto Gains, with 139,000 subscribers, also advises its audience to participate in the pre-sale before the coin hits the market.

Will Crypto All-Stars be trading on Binance in 12 days?

There are 12 days left until the $STARS pre-sale is completed. The project is getting ready to be listed on the exchange. This will attract more investors and increase liquidity, which could increase the price of the token. Although the $STARS team has not disclosed the name of the exchange, the success of the ICO is likely to attract the attention of platforms such as Binance, Coinbase and Robinhood.

A listing on Binance could bring $STARS similar success to meme coins such as $PNUT, $NEIRO, and $POPCAT. For example, $NEIRO is up 7,594% since listing. The fundraising could exceed $15 million, making $STARS one of the largest meme coin presales of this year.

Time is running out to buy $STARS – how to purchase and steak tokens

To purchase $STARS, you need to go to the Crypto All-Stars website, connect a wallet (like Best Wallet) and exchange ETH, USDT or BNB. Bank cards are also accepted.

The widget allows you to purchase $STARS tokens using popular meme coins such as $FLOKI, $SHIB, $DOGE and $PEPE. The new $STARS tokens are available for staking with an annualized yield of 226%, giving investors a chance to maximize assets before the launch of MemeVault. This system is different from the upcoming unified steaking.

The Crypto All-Stars smart contract has been successfully audited by SolidProof and Coinsult, ensuring investor safety. You can follow the updates in the communities in Telegram (5 thousand participants) and X (19 thousand subscribers). Crypto All-Stars is leading the new wave of meme coin investments by offering a unique steaking system.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.