Meme Coins Gain 4.63% in 24 Hours as Crypto All-Stars Reaches $2M Funding Milestone
Crypto All-Stars’ ($STARS) presale has surpassed $2 million in capital raised, fuelled by a bullish 24 hours for the meme coin sector.
The new meme coin project zoomed past the $1.6 million milestone just a week ago and has since raked in another $400,000 from investors eager for the launch of its staking protocol that lets them stake all their favorite meme coins together.
Called “MemeVault,” the first-of-its-kind unified staking platform promises substantial passive income returns, allowing investors to enjoy rewards beyond recent capital gains – all without the hassle of navigating multiple staking protocols.
Investors who have collectively contributed to Crypto All-Stars’ funding milestone appreciate this convenience and see a future where meme coins intertwine seamlessly with the fabric of Web3.
Currently, $STARS is available at its presale price of just $0.0014828. However, there’s a two-day window to purchase it at this price, after which the token will be valued at $0.0014887 as the next round of funding begins.
Meme coins have performed strongly in the past 24 hours, rounding up to a market capitalization of $46.06 billion after dipping to $43.71 billion on Friday.
One of the top performers among meme coins on Saturday is DogWifHat ($WIF), which gained 12%, followed by Toshi ($TOSHI) with a 10% increase and Mog Coin ($MOG) with a 7.95% spike.
These gains are certainly welcome for the sector, which aims to move past a week hampered by rising geopolitical tensions in the Middle East, posting strong gains ahead of next week.
No specific catalyst can be pinpointed as the trigger for Saturday’s rally. However, Moo Deng ($MOODENG), a breakout coin from September, has been making headlines lately, with reports of a trader
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