The Bitcoin price surged back up to $100k per coin this Wednesday, December 11, and ever since has been fluctuating between this resistance-turned-support and a resistance at $102k.
After reclaiming the milestone that was initially first reached earlier this month, the world’s oldest and largest cryptocurrency allowed many altcoins to rally as well.
Among the ones most affected was the meme coin sector, which has been the first throughout the year to jump on any opportunity to see bullish performance as buyers rushed in looking for the next crypto to blow up.
Almost all major coins have seen gains yesterday, following Bitcoin’s lead, and the price movement made quite a few headlines. The meme coin sector surged above $135 billion overall, while the sector’s volume skyrocketed to $27.2 billion.
Since then, the sector saw another correction after Bitcoin got rejected from the resistance at $102k, and dropped back to $100k.
The meme coins followed and are showing signs of recovery once again, with most of the largest meme coins by market cap are flashing green in their hourly performance.In other words, the sector is seeing a lot of volatility, with the prices fluctuating up and down — in some cases by less than 1%, and in other cases as much as 6%.
However, when it comes to finding the next crypto to blow up, many believe that the best chance of finding one is to look through projects that are still in presale, such as Crypto All-Stars (STARS).
LAST CHANCE TO BUY STARS BEFORE ITS ICO ENDS
Crypto All-Stars ICO Enters Its Last Week
Crypto All-Stars is a meme coin project that emerged in presale several months ago. Now, its ICO is about to end, with only seven days remaining before the token sees its first listings.
However, this made many investors excited, and they now speculate that this could be the next crypto to blow up. The presale itself did well, becoming one of the largest ICOs of the year.
As of the time of writing, December 13, it raised over $15.45 million while selling its token for only $0.0016782.
The reason behind its success is its unique new staking platform known as MemeVault. Unlike other staking smart contracts, MemeVault is not limited to a single cryptocurrency, but is instead the industry’s first multi-coin smart contract.
The project intends to enable support for 12 different meme coins initially.
Right now, only its native STARS can be staked, but once the project ends its ICO, it will also add support for Dogecoin, Shiba Inu, Floki, Milady, Mog Coin, Pepe, Bonk, Brett, Turbo, Coq Inu, and Toshi The Cat.
Later on, many more meme coins are to be included, meaning that those with large meme coin portfolios will be able to stake all of their coins and tokens in one place.
BUY STARS BEFORE ITS PRICE SKYROCKETS
This is what gives the project massive value and potential, as it could become the heart of the meme coin staking ecosystem and change the way staking works for the entire industry.
Now, with its presale in its final days, investors have been doubling down on buying STARS, believing it is the next crypto to blow up, and the demand is setting the stage for a massive potential price surge.
If you also believe that the project is about to skyrocket, then make sure to buy STARS before December 20, which is when its ICO is scheduled to end.
