Crypto All-Stars ($STARS) has raised $1.6 million as the meme coin market heats up. On Friday, the total value of meme coins reached $51 billion and the industry is focused on closing September, which is typically a tough period for crypto, on a positive note and preparing for more favorable months like October and November.

The first staking platform for meme coins, Crypto All-Stars’ MemeVault, is designed to build on recent gains and is being supported by rising bullish market sentiment. The Crypto All-Stars presale is on track to hit its $1.7 million target in a matter of hours. Investors have the opportunity to buy the $STARS token at $0.0014652, while the price could rise to $0.001471.

Top Meme Coins Start Reaching Double-Digit Gains

The Crypto All-Stars fundraising and the rise of meme coins came as top tokens posted double-digit returns, with trading volumes up 56% to almost $8 billion. While there was no clear trigger, the sector’s recent positive performance provided a much-needed recovery after two months of remaining below the $50 billion market cap.

Leading tokens such as Dogecoin ($DOGE), Shiba Inu ($SHIB), Bonk ($BONK), Floki ($FLOKI), Brett ($BRETT), DogWifHat ($WIF), and Pepe ($PEPE) gained 11.21%, 19.4%, 17.55%, 16.86%, 15.77%, and 17.46%, respectively. These increases coincided with a 5.25% rise in the MarketVector™ Meme Coin Index. Other meme coins also gained 11.19%, 14.32%, 10.08%, and 3.56%, with MogCoin ($MOG), Milady Meme Coin ($LAYDS), Coq Inu ($COQ), and Turbo ($TURBO) gaining 11.19%, 14.32%, 10.08%, and 3.56%, respectively.

This return to bull market momentum suggests the timing is right, with the next two months likely to be some of the best periods for crypto gains in history. However, double-digit returns can appear modest to seasoned investors as crypto newcomers target higher returns. For example, First Neiro ($NEIRO) on Ethereum saw a remarkable 200x return, growing its market cap from $15 million to $468 million in just 11 days.

Such gains are often seen in projects with solid tokenomics, strong community support, and increasing upside; these characteristics are also being embraced by Crypto All-Stars.