Article 6QWQN Meme Coin Industry Spikes to $41.5B; Crypto All-Stars’ Staking Protocol Raises $1.4M

Meme Coin Industry Spikes to $41.5B; Crypto All-Stars’ Staking Protocol Raises $1.4M

by
Leah Waters (Alger)
from Techreport on (#6QWQN)
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  • Since Tuesday, the meme coin market has rebounded, surging by ~11% (from $37B to $41.5B).
  • Amid the likelihood of a Q4 crypto bull run, Crypto All-Stars ($STARS) has raised $1.4M on presale.
  • The $STARS staking protocol (MemeVault) is attracting investor attention. It enables them to stake meme coin leaders like $DOGE and $BRETT.

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Crypto All-Stars ($STARS) has garnered $1.4M on presale, coinciding with the total capitalization of the meme coin market bouncing back to $41.5B.

Meme coins' renewed fervor has raised hopes among crypto investors for a bull run in Q4. If materializing, the returns for these tokens are poised to rise during the historically bullish months of October and November.

Additionally, this could spur Crypto All-Stars' upcoming unified meme coin staking protocol MemeVault' to significantly profit.

MemeVault enables investors to stake their meme coin holdings in one place. Whether $DOGE, $BRETT, or $PEPECOIN, they're all stakeable in return for the project's native token, $STARS.

The Crypto All-Stars presale has generated its total accumulated funds at a per-token price of $0.0014535 and lower. Investors wanting a piece of the action have just 48 hours to purchase $STARS before its price increases to $0.0014593.

When $BTC Rises, Meme Coins Like $STARS Follow

Just like other cryptocurrencies ($SOL, ETH, $BNB), meme coins are up after Bitcoin surged to ~$63K following the Fed rate cut.

After the Fed slashed interest rates by 50 basis points on Wednesday, Bitcoin skyrocketed to $61K and climbed ~3% more by Friday.

Meme coins joined the party, surging past the $41.B mark despite being valued at $37B overall on Tuesday - a level they hadn't reached in approximately a month.

The Fed rate cut (viewed largely as a response to a global slowdown rather than just managing US risks) has influenced other countries to follow suit. It has turned on the money-printing press to combat economic weakness.

Consequently, $BTC is emerging as a safe haven against fiat debasement. Meanwhile, meme coins can offer accelerated returns as the industry recovers from last month's dwindling interest.

However, investing in meme coins may still feel the repercussions of the turbulence caused by the Fed's decision. Investor patience is crucial to weathering the ups and downs.

The silver lining? As Crypto All-Stars MemeVault approaches launch, it promises solid capital gains and steady passive income for $STARS holders.

In a volatile landscape, investors can rest easy knowing their meme coins will keep earning stable returns.

Stake $DOGE, $BRETT, and $FLOKI on Crypto All-Stars

In the meme coin realm, the top performers over the past 24 hours include $TURBO (22.2%), $MILADY (17.5%), $MOG (13.5%), $COQ (11.8%), and $PEPECOIN (11.1%).

Each of these tokens has captured investor attention due to their double-digit overnight gains. Post-launch, they will be among the meme coins staked on the Crypto All-Stars ecosystem.

In addition to these tokens, $DOGE, $BRETT, $FLOKI, $SHIB, $TOSHI, and $BONK will also be eligible for staking (and even more options are to come).

MemeVault acts as a reward multiplier. Staking on it enables investors to generate up to three times the amount of $STARS just by holding onto their tokens. The more coins owned, the greater the prizes.

Beyond MemeVault's benefits, $STARS also has an independent staking protocol. Token buyers canearn up to 10x their initial investments when staking the coin directly with a 1,057% APY.

Crypto influencer ClayBro has exciting insights into the rewards.

Whales Purchased $50K $STARS Last Week

Roughly 697M $STARS are generating additional rewards in hefty quantities, all in preparation to maximize MemeVault's staking rewards.

It's not just small investors getting involved; whales are also participating, with a recent purchase of $50K worth of $STARS last week.

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To join the opportunity, connect your wallet to the Crypto All-Stars website. You can buy $STARS tokens in exchange for $ETH, $USDT, $BNB, and even meme coins ($FLOKI, $SHIB, $DOGE, and $PEPE). Bank card payments are also accepted.

For security-conscious investors, rest assured that Coinsult and SolidProof audit Crypto All Stars' smart contract. No significant issues with the code have been found.

Stay updated with the latest news and developments by joining the Crypto All-Stars community on Telegram and X.

Visit Crypto All-Stars today!

The post Meme Coin Industry Spikes to $41.5B; Crypto All-Stars' Staking Protocol Raises $1.4M appeared first on The Tech Report.

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