Dogecoin transactions surpass 1.93 million, indicating growth
Dogecoin has seen a significant increase in on-chain activity. Transactions on the network surpassed 1.93 million last week. $DOGE is outperforming several popular memecoins, including Shiba Inu ($SHIB), Floki ($FLOKI), and Pepe ($PEPE).
However, the current volume remains lower than the peak recorded in February of this year. This is because, in February, transactions reached more than 10 million in just one week.
As $DOGE recovers, a promising new cryptocurrency is gaining traction with its successful presale. Crypto All-Stars is seeing incredible fundraising and promises big gains for early investors.
$DOGE transactions surpass 1.93 million
Last week, $DOGE processed 1.93 million transactions. This was the highest weekly transaction count since early July. While this is down from its February peak, it is a promising sign for Dogecoin. The increase in trading volume could drive price growth in the short term. This is because Dogecoin also achieved impressive numbers in terms of open interest and funding rate in the futures market.
Some analysts have noted that this market move coincides with a recent tweet from Elon Musk, who has set himself up as the head of a new government institution should Trump win the US presidential election.
Musk’s tweet featured an AI-generated image with a “DOGE” sign and text reading “Department of Government Efficiency.” Shortly after that post, $DOGE jumped 16%.
The $DOGE price is facing resistance at its 50-day exponential moving average. But analysts believe that a push above the 50-day EMA could take the price to $0.108. In the short term, the price could reach $0.193. But only if the drop occurs as expected.
While analysts are divided on the future of $DOGE, a new presale is ranking among the most promising cryptocurrencies of the moment. Crypto All-Stars promises to unify memecoin staking with its MemeVault and is piquing the interest of the crypto community.
Crypto All-Stars is one of the promising cryptocurrencies and has a successful pre-sale
The new Crypto All-Stars project has been catching the attention of the community, especially memecoin investors. This is because it promises to unify memecoin staking through an exclusive tool. MemeVault is based on Ethereum and uses the ERC-155 standard.
The Crypto All-Stars ($STARS) presale has raised over $1.5 million so far and continues to grow. This is all in just a few weeks since its launch.
One of the reasons for this success is the fact that Crypto All-Stars ($STARS) has developed an innovative unified staking platform, MemeVault. This multi-chain platform allows users to stake multiple memecoins across different blockchains.
Crypto All-Stars accepts a wide variety of memecoins. Including: Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPECOIN), Floki ($FLOKI), Brett ($BRETT), $MOG, Milady Meme Coin ($LAYDS), $TURBO, Toshi ($TOSHI), Coq Inu ($COQ), and Bonk ($BONK).
The distribution of $STARS token rewards will occur at a rate of 2,801.44 $STARS tokens per ETH block. These rewards will occur over the course of 2 years. They will be redeemable once token claiming begins.
Crypto All-Stars’ tokenomics have been carefully designed. Therefore, 20% of the total $STARS has been allocated to the presale, 25% to presale staking, 20% to marketing, 10% to CEX/DEX, and 25% to the MemeVault ecosystem.
The project also underwent a successful audit conducted by SolidProof and Coinsult. The audit found zero critical errors in the integrity of its code.
How to pre-order $STARS
In the current presale round, $STARS tokens are being sold for $0.0014593. This value is expected to increase as the presale progresses to the next stages.
To pre-order your $STARS, connect your crypto wallet and exchange ETH, USDT or BNB for $STARS. Bank card payments are also accepted via a widget available on the official Crypto All-Stars website.
The project aims to unite several popular memecoin communities and provide an innovative way to generate returns. As more tokens are staked on the platform, the rewards decrease, so interested investors should not waste time.
Despite the general conditions of the cryptocurrency market, investors continue to believe in successful ICOs, such as Crypto All-Stars. This indicates that the project may be on the right track, especially for those looking for good returns at this time.
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.