Best Low-Cap Meme Coin to Buy? Crypto All-Stars Rallies Following CEX Listing Announcement
Release: 2024/12/31 13:29 Reading: 454
After raising over $26 million during its presale, Crypto All-Stars (STARS) experienced a surge in value, rising from its listing price of $0.001681 to $0.002740 within an hour. This represented a 62% increase.
Investors who purchased STARS during the early rounds of the presale saw even greater gains. However, the token's price dipped below its listing level as investors took profits. Subsequently, STARS surged by 30% due to a CEX listing announcement and the second round of its "Last Meme Standing" competition.
Over the past 48 hours, STARS has seen a 33% increase. On December 28th, STARS reached an all-time low of $0.0003315. Following the CEX listing announcement, the token's holder count increased by over 3,000, and its price skyrocketed to $0.0005954 on December 29th, a 79% surge.
STARS' current market cap of $18 million aligns with the range of centralized exchanges that have listed low-cap meme coins with impressive initial returns. For instance, Neiro (NEIRO) had a $14.4 million market cap and a Binance listing within its first month, resulting in a price increase of over 2,500%.
Furthermore, STARS was featured in Best Wallet's "Upcoming Tokens" hub, which has previously seen Pepe Unchained (PEPU) and Catslap (SLAP) secure CEX listings after exiting their presale stages. Depending on the exchange that lists it and market sentiment, STARS has the potential to outperform PEPU and SLAP, which saw gains of over 600% and 5,500%, respectively.
Crypto All-Stars is preparing the MemeVault, a cross-chain, multi-token staking protocol for meme coins. The project hosted a "Last Meme Standing" competition, allowing investors to stake Pepe, Milady, Shiba Inu, Floki, and Turbo. The coin that remained staked at the end of the countdown received $20,000 worth of STARS.
The competition showcased the project's multi-token staking capabilities, which the MemeVault is expected to offer upon its release. According to the project's website, the MemeVault will support 11 tokens, including those featured in the first Last Meme Standing event and BONK, COQ, BRETT, TOSHI, DOGE, and MOG.
STARS has the potential to see gains of over 290% if it maintains its momentum. The project has a steady increase in followers across platforms and increasing large-volume purchase activity. Regarding security, the project has a 99/99 reliability score on DexTools and has shared proof of locked liquidity.
Although STARS experienced a price drop after delivering returns to early investors, the token seems ready for a breakout once MemeVault releases and further details regarding its CEX listing are announced. As MemeVault is designed to act as a reward multiplier within its staking protocol, STARS is poised to benefit from its release.
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