After raising over $26 million during its presale, Crypto All-Stars (STARS) saw its first DEX listing and an immediate soar from its listing price of $0.001681 to $0.002740, representing a 62% jump just an hour into its launch.
The gains were even greater for those who secured their share of the coin during the early rounds of the presale.
Over the week, the token’s price fell below its listing level as investors took profit. However, STARS has recorded 30% gains today as its holder count increased following a CEX listing announcement and the second round of its “Last Meme Standing” competition.
STARS Sees a 33% Soar Over The Past 48 Hours
On December 28th, STARS price dropped to $0.0003315, an all-time low for the coin. However, following the potential CEX listing announcement by STARS’ developers, the token’s holder count increased by over 3,000, and its price shot up to $0.0005954 by December 29th, representing a 79% soar.
Although the price of STARS fluctuated to $0.0004291, it has remained up 33% since the CEX listing announcement, with the potential for further gains as more details surface.
STARS is currently sitting at an $18 million market cap, which falls into the acceptable range for centralized exchanges that have previously listed low-cap meme coins that immediately delivered impressive returns.
For example, Neiro (NEIRO) was just a month old when it had a $14.4 million market cap and scored its Binance listing, which immediately saw its price soar by over 2,500%.
Additionally, STARS was featured in Best Wallet’s “Upcoming Tokens” hub, which previously saw Pepe Unchained (PEPU) and Catslap (SLAP) exit their presale stages and secure CEX listings.
Depending on the exchange that lists it and the market sentiment, STARS could outperform PEPU and SLAP, which saw gains of over 600% and 5,500%, respectively.
Last Meme Standing Showcases MemeVault’s Potential As STARS Teases a Second Round
Crypto All-Stars is preparing to release the MemeVault, a cross-chain, multi-token staking protocol for meme coins that seeks to unify all meme coin holders under a single roof.
Although the STARS team hasn’t confirmed its release date, they’ve hosted a Last Meme Standing competition, which saw investors stake their Pepe, Milady, Shiba Inu, Floki, and Turbo, with a $20,000 worth of STARS on the line for the winning coin’s backers.
The competition rules were straightforward – staking a coin places it on top of the leaderboard, and it wins if another coin doesn’t dethrone it before the countdown finishes. The event was a massive success, with over $100,000 worth of meme coins staked, and Pepe’s holders took the prize.
Besides rewarding the community, Last Meme Standing has showcased the project’s multi-token staking capabilities, which the MemeVault is expected to deliver on release.
According to the project’s website, the MemeVault will support 11 tokens once it goes live. The list includes the tokens that appeared in the first Last Meme Standing event and BONK, COQ, BRETT, TOSHI, DOGE, and MOG, which could appear in the second event.
STARS Could See Gains of Over 290% if It Keeps Its Momentum
With a CEX listing, Last Meme Standing 2, and the MemeVault release in the works, STARS is on track to increase its visibility and potentially return to its listing price, which would represent a 290% surge and could help drive its price further.
The bullish sentiment is further bolstered by the project’s steady increase in its follower base, which now numbers over 27,000 users across X (Twitter) and Telegram.
Plus, the token is seeing increasing large-volume purchase activity today, with two separate wallet owners buying $13,692 and $10,265 worth of STARS over the past few hours.
Regarding investor security, the project enjoys a 99/99 reliability score on DexTools, which confirms there are no critical issues with its smart contract’s code and that no new coins can be minted or wallets blacklisted.
Additionally, the project has shared proof of locked liquidity, which ensures a safer trading environment.
Although the STARS price fell after delivering solid returns to early investors, the token seems ready for a breakout once MemeVault releases and further details regarding its CEX listing are announced.
Thanks to the MemeVault, STARS is designed to be held, as it will act as a reward multiplier within the staking protocol. MemeVault’s release could create scarcity as more meme coin holders add it to their portfolios, which would positively impact its price, making this the best time to purchase and hold it.
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