Key Takeaways:
- Crypto All-Stars presale crosses $4.8 million and is rushing towards $5 million.
- The staking of tokens, which promises about 367% return has also attracted potential investors.
- A lack of transparency about the project may pose a threat to the platform’s growth.
Crypto All-Stars, a popular meme coin, has been the talk in the crypto market following its pre-sale and staking reward announcements. With the way it is trending, it has the potential to become the top meme coin in the market, especially due to the hype surrounding its pre-sale. In this article, will look into the STARS meme coin, its pre-sale activity, and also the revolutionary staking process surrounding the coin.
What is the Crypto All-Stars?
Crypto All-Stars is an altcoin that has gained significant traction and popularity in the crypto community soon after its announcement. The concept surrounding the Crypto All-Stars platform is pure and simple: to add utility to the meme coin market. The key product that is going to make this all possible is the MemeVault. The vault aims to increase the longevity of the meme coin projects through the hold and earn mechanism.
The $STARS is the native token of the Crypto All-Stars ecosystem. In these days where meme coins reign supreme, a MemeVault has significant relevance. The main idea is for people to create and post their memes, and in return, they are given a passive income. The MemeVault of the project won’t be live until it reaches the third phase. However, the passive income part is still in effect, we will look into this in the coming sections.
Crypto All-Stars Pre-Sale Performance
The pre-sale for the meme coin started at $0.00138 per token. With the price increasing as various phases commence, the coin is currently trading at $0.0015933. The pre-sale has been going on for a couple of months now and is very close to reaching the $5 million milestone. The project initially had a slow start, which kicked into high gear during the previous months.
Now, it has gained about $1 million in just 10 days. The current numbers regarding the coin show how much the project is growing in the global market. As per the opinion of various marketing experts, the price of the $STAR is expected to increase as the coin achieves new milestones in the market.
Staking Reward & The Step-by-Step guide
One of the main highlights of the Crypto All-Stars is its staking. Traders and investors can both a huge amount of incentives through the coin’s staking mechanism. The presale of the coin promises a staking reward of up to 367%. This could be a major opportunity for the early holders to win big. So, if you’re also looking for the same and are currently wondering how to stake your coin, we got you covered. Kindly refer to the following steps.
- Setting up the crypto wallet: Set up a wallet that is compatible with the Crypto All-Stars and major exchange tokens like ETH, USDT, or BNB that can be used as a trading pair.
- Funding: Fund your wallet and connect it to the presale website.
- Presale investment: Complete the presale form and input the amount you want to invest. This will establish a smart contract using which you can claim the Crypto All-Stars after the presale concludes.
- Staking: Once you completed the presale investment, go to the website and click on the “Staking” button, then proceed with the “Buy and Stake” option.
- Confirmation: After confirming the staking agreement, disconnect your wallet.
- Withdraw: As per the information provided by the Crypto All-Star, you can unstack and sell your coins as soon as the presale finishes.
Potential Risk & Future Outlook
The Crypto All-Stars presale is promising users a reward of up to 367%. It was initially above 1000%. High returns in crypto staking are normal, but this much amount is not something that a normal start-up project provides, even if it aims to revolutionize the meme coin market. This can even be considered as a red mark. There is also the fact that the platform claims to use the ERC-1155 multi-token standards but they didn’t clarify how they will apply this into the MemeVault.
Even though the project’s idea is intriguing, the lack of transparency poses a risk to the investors. Overall, the project faces considerable challenges ahead of it. If it can overcome these challenges and sustain a strong and active community, it could have a positive impact on the market performance of the coin when it gets officially listed.