Last week, the crypto sector saw the launch of yet another new meme coin presale, known as Crypto All-Stars (STARS). However, the new token turned out to have massive potential, which might not only allow it to raise large amounts of money, but potentially revolutionize meme coin staking.
Crypto All-Stars Could Revolutionize Staking
Staking is a popular decentralized finance (DeFi) practice where token holders lock up their coins and tokens in a smart contract belonging to a certain project. In doing so, they help secure the project’s network, but also reduce the amount of tokens in circulation, which further supports the project and helps maintain its price due to higher demand.
In return, users receive rewards for their trouble. But, so far, they were limited to only staking a single cryptocurrency per project — its own native coin or token. If they wanted to stake another token, they had to do it in its own smart contract, assuming it supports staking.
Crypto All-Stars has forever changed that by introducing a new type of smart contract known as MemeVault, which allows STARS holders to stake STARS, as well as any other major meme coin that they might have in their wallet.
BUY STARS AND START STAKING EARLY
So far, the project supports cryptos like Dogecoin, Brett, Turbo, Floki, Milady, and many more, and moving forward, it is possible that it might expand the list further. Because of it, staking of all major meme coins will now be available under one roof, which will revolutionize staking in the meme coin sector.
More than that, other projects might start introducing similar technology now that it was discovered, allowing staking for other groups of meme coins. Some day, this might even lead to a staking project that could allow you to stake any coin or token in the industry.
STARS ICO is on fire
For now, that is only speculation. What is known for sure is that Crypto All-Stars allows users to stake all major meme coins in a single place, which is why the token’s ICO blew up immediately upon launch.
https://x.com/all_stars_coin/status/1825400858823053603
Within days, the project raised over half a million, sitting at $537.8k raised as of Monday, August 19. Crypto All-Stars is offering its native STARS token for only $0.0013911 apiece, and you can buy them with ETH, BNB, USDT, or credit/debit cards.
JOIN THE STARS ICO WHILE ITS PRICE IS LOW
However, anyone wishing to invest in the token early should do so as soon as possible, as STARS is about to see its next price increase in less than 24 hours, offering a limited window of opportunity to buy at such a low price.
The longer you wait, the higher the price will go, as STARS is supposed to go through 50 presale stages, each of which will boost its price a little more, so buying as early as possible will secure the highest possible profits once it goes live.
