Investor liquidates US$100,000 in $DOGE and invests in memecoins
The cryptocurrency market is quite volatile. Especially when it comes to memecoins. Even established tokens often suffer from market fluctuations. But Dogecoin remains one of the most popular memecoins. Recently, some big investors bought more than a billion $DOGE. On the other hand, a $DOGE millionaire liquidated $100K by switching to Cutoshi and Pepe Unchained.
Meanwhile, a new memecoin promises to revolutionize the memecoin staking sector with a unified and innovative platform. Crypto All-Stars is still in pre-sale, but it has already sparked interest from investors.
Investor liquidates US$ 100 thousand in $DOGE
Recently, a major Dogecoin investor liquidated $100K worth of $DOGE. He then transferred his investments to the new tokens, which are still in pre-sale.
Recent $DOGE Trends
Dogecoin ($DOGE)'s negative trend is gradually reversing, as the current price movement shows. Dogecoin price has jumped 6% in recent days after falling 12% last week. The data is from CoinMarketCap.
This is good news for $DOGE holders who are hoping for a positive recovery. Dogecoin is testing the descending triangle after the breakout.
RSI has a lower low while $DOGE has a higher low. Thus, analysts advise Dogecoin holders to understand technical analysis and remain confident about the biggest memecoin on the market.
But Dogecoin market sentiment remains pessimistic. CoinCodex projects that the price of Dogecoin will fall by 13% in the short term. However, with the increase in tokens accumulated by large investors, a reversal is soon possible.
Some investors believe that the new Cutoshi memecoin could offer more returns in the short and long term. This is because it has an ecosystem with several useful features and tools that promise to increase DeFi adoption. Other investors are flocking to Pepe Unchained, which has already surpassed $18 million in pre-sale funding. Few memecoin projects have managed to have as much initial success as $PEPU.
A major investor made a $51,000 purchase on the Ethereum blockchain in recent days. But this is not the first time that large investors have invested in Pepe Unchained. In September, two whales purchased $56,000 and $25,990 worth of $PEPU tokens.
Thus, while many memecoins are still struggling in the market, there are new projects that may be smarter investment choices. One of them is Crypto All-Stars, which promises to change the way investors stake memecoins.
Crypto All-Stars Unified Staking Platform
Crypto All-Stars is a new memecoin that has been very successful in its presale. One of the reasons is that this project created MemeVault, a unified staking platform.
With MemeVault, investors will be able to stake multiple memecoins on different blockchains. Included in the options are a wide range of cryptocurrencies, such as Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPECOIN), Floki ($FLOKI), Brett ($BRETT), MOG, Milady Meme Coin ($ LAYDS), Turbo, Toshi ($TOSHI), Coq Inu ($COQ) and Bonk ($BONK).
Thinking about the future and the development of the project, the developers designed the Crypto All-Stars tokenomics and reserved 20% of the total supply of $STARS for pre-sale. Another 20% will be reserved for pre-sale staking, 20% for marketing, 10% for CEX/DEX and 20% for the MemeVault ecosystem.
Pre-sale in progress
Currently, $STARS tokens are selling for $0.0014887. But it is important to be aware, as the pre-sale progresses to the next stages, this value will increase.
Anyone who wants to purchase $STARS during the pre-sale can directly access the project's official website. Simply connect your cryptocurrency wallet and exchange $STARS for ETH, USDT or BNB. There is a widget on the official Crypto All-Stars website that also allows bank card payments.
$STARS tokens will be distributed at a rate of 2,801.44 $STARS tokens per ETH block over a two-year period. Tokens will be obtainable as soon as claiming begins.
With investor safety in mind, the Crypto All-Stars project underwent a successful audit by SolidProof and Coinsult. The review found that there were no significant errors in the integrity of its code.
Follow Crypto All-Stars social media and stay up to date with all the latest news.
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.