ETF Possibility and Price Rise Potential
The price of the Shiba Inu has once again attracted attention. Crypto investor interest is centered on SHIB right now, revolving around the possibility of approval for a Shiba Inu ETF.
Now, investors want to know how high the price of SHIB could go if it had an ETF approved.
Meanwhile, new memecoin Crypto All-Stars created unified memecoin staking through MemeVault. This has made STARS pre-sales a huge success.
Can Shiba Inu have an ETF approved?
An optimistic scenario does not rule out the possibility of Shiba Inu having an ETF approved. This could lead memecoin into a significant uptrend.
Several cryptocurrencies saw price increases following the approval of ETFs. Recent examples include Bitcoin and Ethereum. Investors are wondering whether SHIB could also be about to reach new highs.
Shiba Inu is one of the most surprising tokens on the market. Therefore, thinking about a Shiba Inu ETF is possible.
If a Shiba Inu ETF were approved, the price of SHIB would increase. A realistic approach to this would be to consider the performance of Bitcoin and Ethereum ETFs.
Applying the Bank of America (BoA) multiplier of 1:10, a SHIB ETF could increase the market value of Shiba Inu by $250 billion.
This would bring SHIB's total market value to around $260.3 billion. As a consequence, memecoin would be ranked just below Ethereum.
Until that happens, investors are interested in the new Crypto All-Stars staking protocol, which promises investors gains.
Crypto All-Stars created a unified staking protocol
Crypto All-Stars ($STARS) has created an innovative staking system where investors can allocate multiple tokens.
MemeVault can provide income from multiple assets. This is because it allows users to combine their memecoins and obtain more earnings than they could achieve separately.
MemeVault allows staking with renowned tokens in the market, such as Dogecoin (DOGE), Shiba Inu (SHIB) and PepeCoin (PEPECOIN). Furthermore, the developers intend to enable the use of other tokens in the future.
The project's native token is STARS, which maintains the ecosystem. With it, users can maximize their staking rewards.
STARS currently offers one of the highest yields on the market. According to the developers, the current return margin is 551% APY. Thus, investors can multiply their holdings and returns with the memecoins allocated in MemeVault.
Experts say this should be the next token with growth accelerated market. This is because memecoins are reaching a collective capitalization of US$50 billion.
Thus, it is possible that memecoins will end up surpassing even the returns of Bitcoin (BTC). Especially if all factors continue to align and contribute to this.
STARS pre-sales surpassed US$2.7 million
The Crypto All-Stars pre-sale has already raised more than US$2.7 million. Promising pre-sales end quickly. For this reason, the token could reach a milestone of US$3 million in the coming days.
Crypto All-Stars tokenomics has reserved 20% of STARS for presale, 20% for presale staking, 20% for marketing, 10% for CEX/DEX, and 20% for the MemeVault ecosystem.
If you are interested but have not yet invested, visit the Crypto All-Stars website, connect your best cryptocurrency wallet option and exchange ETH, USDT or BNB for STARS tokens.
The project also offers a secure and easy-to-use widget for bank card payments for a fee.
STARS tokens will be distributed at a rate of 2,801.44 STARS tokens per ETH block. These rewards will take place over a period of two years. Tokens can be recovered once the claim begins.
The Crypto All-Stars smart contract has undergone a thorough audit by Coinsult and SolidProof, and no issues were found in the integrity of its code.
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.