Crypto All-Stars Surpasses $1.3 Million in Pre-Sale
O Crypto All-Stars ($STARS) has surpassed $1.3 million in pre-sale funding as it gains traction amid a wave of memecoin listings on Binance.
The project, with a substantial daily inflow of capital, emerges as a strong candidate to be the next memecoin listed on Binance. Just like NEIRO, which after its listing saw its price skyrocket and its market capitalization jump from $15 million to $150 million in a single day.
In contrast to $NEIRO, Crypto All-Stars introduces a new utility to the memecoin scene. The project features a staking protocol designed specifically for memecoins, offering investors a way to generate returns rather than just holding their assets in anticipation of the next bull market.
With Binance expected to list new tokens and the launch of the Crypto All-Stars staking platform just around the corner, both events could serve as major catalysts for a long-awaited return to bullish momentum, especially as cryptocurrencies emerge from their historically challenging month of September.
Taking advantage of these developments is as simple as purchasing $STARS at the ICO price of $0.0014477. However, in less than two days, the token is expected to surge to $0.0014535 as the next funding round progresses.
Binance Expands Its Portfolio: How Does a Token Get Listed and What Are the Chances?
Cryptocurrency giant Binance continues to expand its portfolio of tokens. Listing on such an influential platform can catapult a project to success, boosting its price and visibility. But how does this selection process work, and what are the chances of a token being chosen?
First, Binance adopts a rigorous evaluation process for each candidate token. For example, several factors are analyzed, such as:
- Security: The platform prioritizes projects with robust protocols to protect users' investments.
- Liquidity: Good liquidity is essential to ensure that traders can buy and sell the token easily.
- Team: The experience and reputation of the team behind the project are crucial.
- Technology: The innovation and utility of the technology underlying the token are key points.
- Compliance: The project must meet all applicable regulations.
What are the chances of a token being listed?
The chance of a token being listed on Binance depends on several factors, and there is no magic formula. Projects with utility, a strong community, strategic partnerships, and a well-defined development plan tend to stand out.
Memecoin listings on Binance signal bullish outlook as Q4 approaches
Exchange listings can significantly impact the price of new crypto assets. As mentioned, $NEIRO became an overnight sensation, experiencing the immediate effects of a Binance listing in the last 24 hours.
From $0.00003653 on Monday, $NEIRO reached a value of $0.0004177, reflecting an increase of approximately 1,043%.
Binance has also listed Turbo ($TURBO) and Baby Doge Coin ($BabyDoge) on its spot market. Additionally, Binance Futures will list USDⓈ-Margined $NEIRO perpetual contracts — a variant of NEIRO maintained by a different team — alongside Baby Doge Coin ($1MBABYDOGE), Catizen ($CATI), and Hamster Kombat ($HMSTR).
$BABYDOGE saw a 2,534% increase in trading volume in 24 hours, boosting its price by 77.8%. Meanwhile, $TURBO experienced a 300% increase in trading volume and a 22.37% jump in price during the same period.
Due to these new developments, memecoin trading volume overall increased by 43%, with a 0.33% increase in market capitalization, bringing their collective value to $37.59 billion on Tuesday. The market is welcoming these gains, anticipating even more optimism as October and November approach.
Indeed, the impact of a Binance listing on token prices is immediate and significant, influencing not only individual tokens but also the entire industry.
While the listing of a micro-cap version of $NEIRO has generated some buzz in the community, it signals that more memecoin listings could be on the way. If so, could Crypto All-Stars be next in line?
What makes Crypto All-Stars a strong candidate for a Binance listing?
O Crypto All-Stars is breathing new life into the memecoin space with the introduction of MemeVault, the industry’s first unified staking platform.
MemeVault allows holders to stake a variety of tokens, including the newly listed $TURBO on Binance, as well as other major memecoins like Dogecoin ($DOGE), Shiba Inu ($SHIB), and potentially $NEIRO, among others.
When tokens are staked on MemeVault, investors receive rewards in the project’s native token, $STARS. The value of $STARS comes from its function as a rewards multiplier, which can increase returns depending on the amount of tokens held.
Additionally, $STARS also has a separate staking pool that currently offers an annual percentage yield (APY) of 1,140%. Investors have already taken advantage of this opportunity, with 645 million $STARS staked to date.
With all these factors in play, it is clear that Crypto All-Stars is in line with recent memecoin listings on Binance and could contribute to a new bull market in Q4 2024.
$STARS continues to be discounted pre-listing on Binance
If Crypto All-Stars manages to land a Binance listing after the presale, you could be looking at a price that’s a bargain compared to its potential future value – making now an ideal time for new investors to get in on the action.
However, before that can happen, the project needs early supporters to help get MemeVault up and running.
The next target is $1.5 million, which is achievable in the next few days. With the right momentum, reaching even $2 million is entirely feasible. In fact, big investors (whales) are already involved, having acquired $50,000 in $STARS last week.
If you have not yet purchased $STARS tokens, connect your wallet to the project website. You can exchange ETH, USDT or BNB for $STARS, and even use memecoins like $FLOKI, $SHIB, $DOGE and $PEPE. Secure bank card payments are also available via an easy-to-use widget.
A Coinsult and SolidProof audited the Crypto All-Stars smart contract, finding no significant issues in the code.
Finally, stay up to date with the latest news and developments by joining the Crypto All-Stars community on Telegram or X.
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.