On December 12, Solana’s ecosystem saw the launch of a new presale that has since become the industry’s newest viral ICO. The presale introduced a project known as Solaxy (SOLX), which is Solana’s first Layer-2 project.
Why Is Solaxy Becoming A Viral ICO?
Solaxy emerged with the idea of improving Solana’s already advanced network, which is much faster and cheaper to use than Ethereum. However, it came with several flaws, such as network congestion and it often ends up seeing failed transactions, which significantly damages the user experience.
By launching on an L2 blockchain that is still a part of the SOL ecosystem, the project hopes to provide a way for investors to trade a Solana-based cryptocurrency that would be immune to such problems. However, that is not the full extent of its plans, as the project intends to run on both Solana’s and Ethereum’s networks at once, serving as a bridge between the two ecosystems, and providing users of both blockchains with a fast and cheap alternative that would not suffer from either of the networks’ issues.
With that said, it is easy to understand why Slaxy is becoming a viral ICO. However, it is also worth noting that it is only one of highly successful meme coin presales available right now. Another one, known as Crypto All-Stars (STARS), has been in presale for months, and it is getting ready to conclude.
BUY STARS AND START STAKING 12 DIFFERENT MEME COINS
Crypto All-Stars Will Revolutionize Meme Coin Staking
Crypto All-Stars is a meme coin project that is just about ready to see its first listing. The project blew up as soon as it emerged, and over the course of the last few months, it raised over $21.5 million. Now that the end of its presale is near, investors have been doubling down on its token, STARS, buying massive quantities and adding a few million per day to its total amount raised.
Crypto All-Stars blew up after it introduced MemeVault — a unique new staking platform that emerged as the crypto industry’s first-ever multi-coin staking smart contract. While it only supports STARS staking during the ICO, once the token goes live, the project intends to enable support for 11 additional projects — Dogecoin, Milady, Pepe, Bonk, Brett, Shiba Inu, Turbo, Mog Coin, Coq Inu, Floki, and Toshi The Cat.
In time, it will add support for even more cryptocurrencies, all from the meme coin sector, and enable meme coin holders to stake all of their cryptos in one place. That will make it the center of meme coin staking, which will be transformed forever, and made much more available and simpler to do for those with large meme portfolios.
LAST CHANCE TO BUY STARS AT ITS ICO PRICE
However, all of that will come later. For now, the project is offering the last chance to join its viral ICO before its conclusion, which means that this is the final opportunity to buy STARS for only $0.0016782 per token. After it goes live, many expect its price to skyrocket due to demand and the project’s high potential, so, while you should definitely do your research before making a decision, it would be best to do it quickly if you are interested in buying it before it enters circulation.
