Bitcoin’s recent decline below $100,000
Bitcoin’s recent decline below $100,000 marked the beginning of a broader crypto market downturn that saw the overall market cap drop to as low as $3.13 trillion after reaching a new all-time high of $3.79 trillion on December 17th. Altcoins and meme coins were heavily impacted, with the latter’s top five tokens experiencing dips between 10-30%.
Despite the panic selling and
Despite the panic selling and heavy losses over the past 48 hours, the recent presale of Crypto All-Stars (STARS) managed to raise over $2 million from December 19th to 21st. The project plans to develop the MemeVault, a staking platform that would allow users to stake various meme coins on a single platform.
Users holding STARS will earn additional rewards, potentially driving up demand and prices. With the presale now closed, STARS will be available for trading on DEXs starting at 2 PM UTC on December 23rd.
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