Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Crypto All-Stars presale has raised $1.5M to build the first unified meme coin staking protocol, attracting bullish interest.

The Crypto All-Stars (STARS) presale is attracting significant funding for its plans to build crypto’s first unified meme coin staking protocol.

A wave of bullish interest in the crypto market has spurred this interest, taking the presale’s total raise to $1.5 million.

Crypto All-Stars will empower memecoin holders to generate passive rewards on their assets. This has generated a lot of attention, providing an alternative revenue stream for memecoin traders outside of “buy low and sell high.”

The memecoin market has been undergoing a resurgence recently, with its total market cap climbing from $35 billion two weeks ago to $42 billion today.

MemeVault takes any top memecoin and returns STARS tokens

Over the past 12 months, Pepe has provided a 1,100% return. Now imagine how profitable that would have been if holders passively compounded their investment at the same time.

Soon, that will llikely be possible with Crypto All-Stars’ MemeVault. It’ll support 11 of the top memecoins, including Dogecoin, Shiba Inu, Pepe, Floki, and Bonk.

How does it work? First, users must hold STARS tokens to access it, and the more they can hold, the more they can earn.

Got STARS? Then the next step is easy. Users simply head to the project’s website, connect their wallet, and deposit their memecoins in the MemeVault. This will earn them passive STARS rewards over time.

They’re free to do what they wish with these STARS tokens. This could include swapping them for another crypto – like the memecoin they deposited in the MemeVault – or they could stake their STARS directly.

While the MemeVault has yet to launch, staking for STARS is already live. Presale investors can stake their tokens immediately and start compounding their gains. Currently, STARS staking provides a 955% APY, but this will decrease over time.

All of this creates a strategic token economy where holders of all the top memecoins are financially incentivized to buy STARS.

Indeed, this creates a dynamic of high demand and low supply, which could lead to strong price growth over time.

Despite being in its presale, leading industry analysts have already noted this. In a recent video, analyst ClayBro told investors to “prepare for 10x gains.”

He highlighted the buzzing sentiment around the token and suggested this is a positive sign for its future potential.

You might also like: Crypto All-Stars nears $1M in ICO as expert hails it as the best new presale

Crypto All-Stars tokenomics geared for long-term growth 

In line with its novel memecoin staking utility, Crypto All-Stars has set up its token distribution for sustainable growth.

It has allocated 25% of tokens to the MemeVault rewards and another 25% to native STARS staking.

There’s no word on the MemeVault reward unlock schedule yet, but STARS staking rewards will run until late 2026. Another 20% of the tokens are allocated to the presale, 20% to marketing, and 10% to exchange liquidity.

This places 80% of tokens in the community’s hands, likely translating to organic, positive price action. Meanwhile, the 20% earmarked for marketing will ensure the project has resources to bolster its awareness. 

Global superpowers loosen monetary policies, driving liquidity to risk assets like crypto

A sweeping effort to bolster global liquidity is taking place. Recent interest rate cuts across the U.S., Europe, and Asia have all discounted the cost of borrowing money, which is driving more liquidity into risk-on assets like cryptocurrencies.

Since the Fed cut U.S interest rates six days ago, the total crypto market cap has jumped from $2.06 trillion to $2.23 trillion, almost a 10% rise. Many altcoins have surged much more in the same period.

And today, China announced it will cut the amount of money banks must hold in reserve, taking it to the lowest level since 2020. This is another example of global monetary policies aiming to stimulate economic growth, which in turn will benefit crypto.

Breaking: #China will cut reserve requirement ratio by 50 basis points, PBOC chief says.China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, People’s Bank of China Gov. Pan Gongsheng said during a press conference on… pic.twitter.com/XTNeB2gt0q

— MartyParty (@martypartymusic) September 24, 2024

These high-level efforts are precisely what is needed for low-market-cap altcoins to soar in value.

With $1.5 million raised so far, a fraction of the market’s liquidity inflowing into Crypto All-Stars would explode its price.

And today it’s available at a fixed and discounted presale rate. The current price is $0.0014593, but this is expected to rise throughout the campaign with the next increase in one day.

For more information, visit the Crypto All-Stars presale website or join the community on Telegram and  X.

Read more: Crypto All-Stars raises $1M in presale; poised to change memecoin staking

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.