Big Pepe investors are selling their tokens
Some investors who made a fortune investing in Pepe ($PEPE) are selling their $EIGEN tokens instead of holding them. Recently, a $EIGEN holder suffered a loss of $470,000.
With new projects appearing on the market frequently, what would be the best option now? The pre-sale of Crypto All-Stars is showing that the project can be promising and provide profits to investors.
Investors who profited from PEPE are selling their $EIGEN tokens
EigenLayer has been getting a lot of attention lately. This is because it allows people who have already staked ETH to also use the token to secure other services and earn extra rewards.
This clever system is called “restaking” and helps solve a major problem in the cryptocurrency sector: fragmented security.
By creating a shared security pool, EigenLayer helps make it easier and cheaper to start new projects. The project's native token is $EIGEN and already has a market capitalization of around US$740 million.
Still, some investors have been looking for something different. Blockchain tracker Lookonchain showed that a major investor lost 1,360 ETH earlier this month. That equates to about $3.2 million. Losses occurred via 909,000 $EIGEN tokens.
This large investor is still holding almost 140,000 $EIGEN, worth approximately $449,000. But the current market situation indicates that investors are ready to cut their losses.
This great investor became known for having transformed US$23 million into US$65 million in just one year through negotiations with PEPE, $ONDO and $BEAM. Selling $EIGEN at a loss signals that investors are seeing little potential in the token.
Although some large investors are dumping their $EIGEN tokens, many still see potential in this restoring protocol.
But, like EigenLayer, another staking-focused project is catching the attention of investors and memecoin enthusiasts. Crypto All-Stars has developed a unified staking tool, MemeVault.
Could Crypto All-Stars be a more profitable option than PEPE?
The main feature of Crypto All-Stars is MemeVault, which allows investors to stake the most popular memecoins on the market. As a reward, investors can obtain $STARS, the native token of Crypto All-Stars.
Many investors are flocking to Crypto All-Stars pre-sale. Proof of this is that the project's pre-sale has already raised more than US$2.2 million, offering $STARS tokens for just US$0.0015007.
The price of $STARS tokens will increase again soon once the pre-sale moves to the next stage.
The project is showing that it has potential. Furthermore, it has already won over investors and everyone is looking forward to the launch of the first unified memecoin staking platform. The ecosystem will serve as a returns multiplier for memecoins just as these tokens are reaching a collective capitalization of around $50 billion.
Thus, there are investors who believe that memecoins can surpass even the returns of Bitcoin (BTC), especially if market factors continue to contribute to this.
With the Crypto All-Stars staking system, investors can allocate multiple memecoins to MemeVault. The project allows users to earn more than they could with multiple memecoins combined.
At MemeVault, it is possible to stake several of the most popular memecoins on the market, such as Dogecoin ($DOGE), Shiba Inu ($SHIB) and Pepe Coin ($PEPECOIN). The developers intend to enable the use of other tokens in the future.
With the $STARS token, investors can maximize their staking rewards. The more tokens held, the greater the opportunity to triple your returns.
$STARS has its own independent staking protocol. It currently offers one of the highest yields on the market, a current APY of 655% p/a. This allows investors to maximize their returns on the memecoins allocated to MemeVault.
Crypto All-Stars pre-sale is moving quickly, find out how to participate
The Crypto All-Stars pre-sale is progressing at a very fast pace. Therefore, $STARS could reach a fundraising milestone of US$3 million in the next few days.
To take part in the pre-order before it ends, visit site Crypto All-Starsconnect your wallet like Best Wallet and exchange ETH, USDT or BNB for $STARS tokens.
The Crypto All-Stars website has also made available a secure and easy-to-use widget for bank card payments.
The team had Crypto All-Stars audited by Coinsult and SolidProof, and no issues were found with the code. $STARS was also ranked fourth on CoinSniper.net. Although Crypto All-Stars takes a different approach to EigenLayer, it still brings the same demand for new staking solutions.
Join the Crypto All-Stars community on Telegram or X to stay up to date on the project.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article.