Rise of memecoins follows the rise of Bitcoin
The month of September is known for its traditional downward trend. Even so, the memecoin market is on the rise again. Popular tokens are recording great performance in recent days. Some examples of the best memecoins include $DOGE, $BONK, $PEPE, $SHIB, and $FLOKI.
The rise in memecoins is following the rise of Bitcoin. BTC achieved a gain of around 9% in the last month. The market shows that it is starting to prepare for the highs traditionally expected in October, marking Uptober.
With the return of memecoins, an innovative platform is currently enjoying great success. Crypto All-Stars promises to revolutionize the staking of popular memecoins and has had a successful pre-sale.
Bitcoin's rise comes alongside the rise of the best memecoins
The month of October is highly anticipated by Bitcoin investors. This is because it is traditionally a promising month with an upward trend for the cryptocurrency market. The market's excitement is even greater with the reversal of September's price drops.
While September is called Recktember, the month of October is known as Uptober. But even before the month ends, both Bitcoin and several memes are showing bullish signs.
As October approaches, investor sentiment will likely remain positive. This is because they are predicting an optimistic Uptober. An important question this month is whether Bitcoin will reach the $80,000 mark.
Investors believe that Bitcoin could reach this value during the next Uptober. But there are also those who think this goal will take longer to achieve. Some expect this to happen by the end of 2024 or early 2025.
Recent highs
Ethereum (ETH) also rose. The total was around 1%, trading at US$2,650. BNB and Solana appreciate 1.3% and 3.5%, respectively. But popular memecoins like $DOGE, $BONK, $PEPE, $SHIB and $FLOKI are leading the sector's gains.
$DOGE registered gains of 18% in the last week, standing out among the 10 largest memecoins on the market. $PEPE reached an appreciation of approximately 40%. Others include $SHIB, $FLOKI and $BONK, with gains of 33%, 28% and 33% respectively.
But there is still a lot of instability in the market. The outcome of the US elections will likely impact cryptocurrency prices. Potential regulatory changes and technological advances, particularly in the AI sector, are key factors to watch. Especially as we move into the last quarter of 2024.
Meanwhile, an innovative platform has been very successful in its pre-sales. Crypto All-Stars promises to revolutionize staking of popular memecoins and has already surpassed $1.7 million in fundraising.
Crypto All-Stars promises to revolutionize memecoin staking with unified platform
Crypto All-Stars has been very successful in its pre-sale of $STARS tokens. One reason is that investors continue to trust successful ICOs, indicating that the project may be on its way to success.
This new project created MemeVault, a unified staking platform. This has contributed to the success of the project. Users can stake multiple memecoins on different blockchains with this multi-chain platform.
Staking with the Crypto All-Stars platform covers a wide range of cryptocurrencies. This includes the most popular memecoins on the market, such as Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPECOIN), Floki ($FLOKI), Brett ($BRETT), MOG, Milady Meme Coin ($LAYDS ), Turbo, Toshi ($TOSHI), Coq Inu ($COQ) and Bonk ($BONK).
$STARS tokens are selling for $0.001471. But, as pre-sales progress to the next phases, this value should increase.
To purchase $STARS tokens during the pre-sale, simply connect your cryptocurrency wallet and exchange $STARS for ETH, USDT or BNB. A widget available on the official Crypto All-Stars website also allows bank card payments.
Well-Structured Tokenomics
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.
$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. The tokens can be recovered once the claim begins.
Finally, it is important to remember that the project has undergone a successful audit by SolidProof and Coinsult. The review found that there were no significant errors 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.