{"id":572100,"date":"2024-09-02T17:10:30","date_gmt":"2024-09-02T17:10:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=572100"},"modified":"2024-09-02T17:10:30","modified_gmt":"2024-09-02T17:10:30","slug":"meme-coins-trade-at-a-discount-from-ath-crypto-all-stars-offers-new-path-for-gains-raises-900k-in-ico","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/meme-coins-trade-at-a-discount-from-ath-crypto-all-stars-offers-new-path-for-gains-raises-900k-in-ico","title":{"rendered":"Meme Coins Trade At A Discount From ATH \u2013 Crypto All-Stars Offers New Path For Gains, Raises $900K In ICO"},"content":{"rendered":"

Crypto All-Stars ($STARS)<\/a> is making headlines in its presale, having already raised over $900,000 in just three weeks.<\/p>\r\n\r\n\r\n\r\n

As meme coins languish in a prolonged downturn, investors seek fresh avenues for returns rather than letting their holdings remain dormant. <\/p>\r\n\r\n\r\n\r\n

Crypto All-Stars presents such an opportunity, offering the industry’s first unified staking platform for leading meme coins like Dogecoin ($DOGE), Shiba Inu ($SHIB), and PepeCoin ($PEPECOIN). <\/p>\r\n\r\n\r\n\r\n

Users can collectively stake these assets through this platform and earn rewards in the project’s native token, $STARS.<\/p>\r\n\r\n\r\n\r\n

Beyond its pioneering approach to meme coin staking, the substantial staking rewards for $STARS – currently offering an annual percentage yield (APY) of 1,567% – are also a significant draw for investors.<\/p>\r\n\r\n\r\n\r\n

This has accelerated its funding stages at a record pace, driving the price of $STARS to $0.0014191. As the project nears the $1 million milestone this week, another price increase is expected, which will boost the token’s price to $0.001424800.<\/p>\r\n\r\n\r\n\r\n

September: Bracing For More Losses Or Staking Crypto For More Gains?<\/h2>\r\n\r\n\r\n\r\n

Historically, Bitcoin ($BTC) has struggled in September. Since 2011, the cryptocurrency has averaged losses during August and September, with September alone showing an average decline of 4.41%.<\/p>\r\n\r\n\r\n\r\n

Given this pattern, Bitcoin appears likely to experience modest or even negative returns over the next 29 days, though a slight uptick is possible if market conditions improve.<\/p>\r\n\r\n\r\n\r\n

On a brighter note, the upcoming months offer a more favorable outlook. November has historically been Bitcoin’s strongest month, delivering an average return of 36.01%, while October and April also stand out, with average returns of 26.9% and 30.75%, respectively.<\/p>\r\n\r\n\r\n\r\n

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As Bitcoin moves, so do the altcoins, making Bitcoin’s performance a reliable indicator for the broader crypto market.<\/p>\r\n\r\n\r\n\r\n

If Bitcoin achieves significant gains in the fourth quarter, meme coins could see returns amplified tenfold, as evidenced earlier this year.<\/p>\r\n\r\n\r\n\r\n

Meme Coin Performance Vs BTC: Turbo’s Over 2,000% ROI Vs BTC’s 28%<\/h2>\r\n\r\n\r\n\r\n

In 2024, meme coins have dominated the crypto narrative, with some tokens seeing price appreciation that significantly outstrips Bitcoin’s returns.<\/p>\r\n\r\n\r\n\r\n

For instance, Turbo ($TURBO) has delivered over 22 times the returns of Bitcoin year-to-date. While Bitcoin has achieved a solid 32.97% return, $TURBO has surged to 747.84%, even accounting for a decline since June.<\/p>\r\n\r\n\r\n\r\n

In its peak month of May, $ TURBO’s gains soared beyond 2,000%, in stark contrast to Bitcoin’s 28% return.<\/p>\r\n\r\n\r\n\r\n

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Such returns can transform fortunes in the crypto industry, where finding the right token can turn a few thousand dollars into possibly millions during a bull run.<\/p>\r\n\r\n\r\n\r\n

This underscores the importance of capitalizing on market downturns, where prices are available at a discount.<\/p>\r\n\r\n\r\n\r\n

With the next bull run potentially on the horizon, investors can boost their returns by staking their meme coins. Crypto All-Stars<\/a> provides a solution through its unified staking platform, MemeVault.<\/p>\r\n\r\n\r\n\r\n

MemeVault allows investors to pool a variety of meme coins – including $DOGE, $SHIB, $PEPECOIN, Floki ($FLOKI), Brett ($BRETT), MogCoin ($MOG), Milady Meme Coin ($LAYDS), Toshi ($TOSHI), Coq Inu ($COQ), Bonk ($BONK), and $TURBO) – into a single platform to earn $STARS.<\/p>\r\n\r\n\r\n\r\n

All Possible Meme Coin Gains Point To Crypto All-Stars<\/h2>\r\n\r\n\r\n\r\n

The native token of Crypto All-Stars<\/a>, $STARS, functions not only as the reward currency for MemeVault stakers but also as a means to unlock even greater returns.<\/p>\r\n\r\n\r\n\r\n

Holding $STARS – whether earned through staking or purchased during the presale – can generate additional rewards. The more $STARS a user retains, the higher their potential returns, possibly up to threefold gains.<\/p>\r\n\r\n\r\n\r\n

For crypto investors, this creates a strong incentive to retain $STARS rather than cashing out, enhancing its long-term price appreciation. This trend is already evident, with over 73% of $STARS, or about 471 million tokens, currently locked in the staking platform<\/a> to earn a share of the rewards.<\/p>\r\n\r\n\r\n\r\n

In short, investors can benefit from capital appreciation of their top meme coin holdings and also earn additional rewards by staking them in Crypto All-Stars’ MemeVault. The ecosystem’s design, which encourages long-term holding and accumulation of $STARS, offers the potential for returns of up to 10x.<\/p>\r\n\r\n\r\n\r\n

This optimistic projection is supported by Jacob Crypto Bury, a popular crypto YouTuber with over 42,000 subscribers, who has made a bold prediction about $STARS on his channel.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n