Elon Musk boosts DOGE again
Elon Musk once again spoke highly of Dogecoin. And of course this drove the price of DOGE through the roof. The businessman said he is not involved in cryptocurrencies, but only likes DOGE.
Meanwhile, the Crypto All-Stars project is innovating in the cryptocurrency market by offering a unified tool for staking memecoins. This tool is called MemeVault and promises to bring gains to investors and traders.
Elon Musk boosts DOGE again
Elon Musk recently mentioned a possible Department of Government Efficiency (DOGE). This boosted the price of memecoin. Now, the billionaire has declared that he is not involved in cryptocurrencies, but that he likes Dogecoin.
Elon Musk’s statement on “DOGE” fueled Dogecoin’s 9% rally. This is because DOGE usually reacts positively to comments made by Musk.
The businessman has been a big supporter of Dogecoin. As a result, its influence on DOGE's market performance became the subject of controversy. There has already been a class action lawsuit that accused Musk of a pump-and-dump scheme. The action was rejected.
Whether because of Musk or not, the fact is that technical indicators for Dogecoin are optimistic. The DOGE price increase could also be related to the Bitcoin rally. But even given the businessman's stated support, only time can tell if Elon Musk's support and DOGE hype can lead to lasting gains for Dogecoin.
New project promises to innovate in memecoin staking
The new memecoin Crypto All-Stars (STARS) promises to innovate the staking of the most popular memecoins on the market. The project has grown a lot and is getting closer every day to the fundraising goal of US$3 million.
Crypto All-Stars features a staking system where investors can allocate multiple tokens. MemeVault will be able to provide income from multiple assets.
This is because, at MemeVault, it is possible to stake famous memecoins, such as Dogecoin (DOGE), Shiba Inu (SHIB) and PepeCoin (PEPECOIN). The developers intend to expand the platform and enable the use of other tokens in the future.
The native token is STARS. It is what keeps the ecosystem running and allows investors to maximize their staking rewards. The more STARS tokens are held, the greater the opportunity for returns.
Users can take advantage of this to multiply their holdings and maximize their returns with the memecoins allocated in MemeVault.
Investors are very excited about the launch of the first unified memecoin staking platform. This will serve as a returns multiplier, coinciding with the time when memecoins are reaching a collective capitalization of $50 billion.
Finally, there are those who say that memecoins could surpass even Bitcoin's returns and experts point to an upward momentum soon. Therefore, Crypto All-Stars is also a way to generate gains in both bullish and bearish market conditions.
STARS pre-sales move quickly
With well-designed tokenomics and a token with promising utilities, STARS has the potential to grow significantly. Experts say that this should be the next token with accelerated market growth.
Therefore, interested investors should not waste time. Promising pre-sales end quickly. Crypto All-Stars is fundraising very quickly and could reach the US$3 million milestone in the next few days.
If you haven't invested yet, visit the Crypto All-Stars website, connect your wallet (like Best Wallet) and exchange ETH, USDT or BNB for STARS tokens. The site also offers a widget for payments by bank card, subject to payment of fees.
The Crypto All-Stars smart contract has undergone a full audit by Coinsult and SolidProof, and no problems were found in the integrity of its code.
Join the Crypto All-Stars community on Telegram or X to stay up to date with pre-sales.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. THE CryptoEasy is not responsible for any content, products or services mentioned in this article.