Crypto All-Stars (STARS), one of the most successful ICO cryptos of 2024, is nearing its much-hyped launch.
The project has announced that its ICO will end on December 20th, leaving sidelined investors with just 25 days to buy the new meme coin.
Considering that prominent news outlets like Cointelegraph, CoinMarketCap and Binance Square have regularly featured STARS, it has caught the attention of deep-pocketed whales and is adding over $200k daily to its presale fundraising.
The Crypto All-Stars ICO has already raised over $5.7 million, impressing many crypto influencers who are calling it one of the best crypto to buy now.
Why Crypto All-Stars Is In Such High Demand?
As previously stated, Crypto All-Stars has attracted the attention of deep-pocketed whales. $50k purchases in a single transaction are common for STARS, like a recent $48k buy from 0x6c7db9b966425cd986becc987e035dfdedc8212f.
The strong demand isn’t surprising. Crypto All-Stars is a high-utility project which brings several top meme coins under one roof, thanks to its first-ever unified staking model, MemeVault.
Built using the secure ERC-1155 standard, MemeVault offers multi-chain, multi-token staking and accepts 11 meme coins including Pepe (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), Floki (FLOKI), Based Brett (BRETT), Mog Coin (MOG), Milady Meme Coin (LADYS), Turbo (TURBO), Toshi (TOSHI), Coq Inu (COQ) and Bonk (BONK) to begin with. More projects will be added in the future.
Additionally, STARS holders can also stake their coins and earn thrice the rewards. In fact, ICO buyers can already stake their holdings in a secondary staking pool, which is currently offering a reward rate of over 330%.
Most top meme coins, including Dogecoin and Pepe, do not offer any passive income or secondary utility, subjecting holders to long consolidatory or bearish periods. For instance, while DOGE has been skyrocketing since Donald Trump’s victory, the possibility of a local top, followed by short-term bearishness cannot be underestimated.
However, MemeVault ensures that holders continue to generate passive income irrespective of the day-to-day performance of their holdings, making it a must-have tool for the upcoming supercycle.
Is STARS A Safe Investment?
The return of the bull market has resulted in a spike in scams, rug-pulls and honey-pots, particularly in the meme coin sector. Safety concerns regarding any new meme coin are entirely valid.
However, Crypto All-Stars has taken strong steps to alleviate all such concerns and offer safe investment opportunities to meme coin enthusiasts. For instance, the STARS smart contract has been audited twice - once by Coinsult and again by Solid Proof.
Neither audit revealed any vulnerability or centralization risks. The Coinsult audit report highlights that the contract ownership has been renounced, which means that the developer team cannot mint new tokens, blacklist addresses, set sell fees or use a honey-pot feature.
The smart contract has also passed the SWC Attack Analysis, a series of 27 security checks proposed by EIP-1470.
Similarly, the Solid Proof audit report reveals that the contract is not upgradeable, which means that the developer team cannot tamper with it anymore. Moreover, it cannot lock the contract or pause trading, eliminating the risk of scams or rug-pulls.
Finally, the MemeVault protocol will also be heavily audited and battle-tested before its launch, ensuring that investors' funds remain safe from any malicious attack.
Crypto All-Stars also has sound, community-centric tokenomics, a long-term roadmap and active social media accounts, features mostly missing in new meme coins.
Check out the project’s whitepaper or follow its X and Telegram accounts for more information on its unique features.
The Best Crypto To Buy Now?
Experts believe that the meme coin supercycle is still in its early stages and will pick up pace once the Dogecoin price hits a new all-time high.
Donald Trump’s inauguration in January, Bitcoin’s ascent to six figures and more Federal Reserve rate cuts continue to provide the ideal backdrop for new meme coins to skyrocket in the coming weeks.
It is, therefore, no surprise that microcap meme tokens continue to create new millionaires. For instance, an early $CHILLGUY buyer turned his $42 investment into $924,000 worth of profits, with another $29,000 left in the token.
$42 to $952,000 $Chillguy10 days ago, someone bought $42 (0.2 sol) $Chillguy and now sold majority of it for nearly $924,000 and $29,000 left in token.🤖 https://t.co/RIViuiFH8D pic.twitter.com/ZdZWocswSn
— Kakashi (@kkashi_yt) November 25, 2024
Smart money investors believe that Crypto All-Stars can also deliver outsized returns following its December launch, calling it one of the best cryptos to buy now. A few prominent influencers are even eyeing 100x returns from it, owing to its low market capitalization.
Interested buyers can still buy STARS at its discounted presale price using the over-the-counter widget on its website. However, they have a very short window - the Crypto All-Stars price is increasing rapidly in the ICO owing to the strong demand. Moreover, the early access staking reward rate is also going down.
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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
