Meme Coins Trade at a Discount From ATH – Crypto All-Stars Offers New Path for Returns, Raises $900K in Presale
Crypto All-Stars ($STARS) is making headlines in its presale, having already raised over $900,000 in just three weeks.
As meme coins languish in a prolonged downturn, investors seek fresh avenues for returns rather than letting their holdings remain dormant.
Crypto All-Stars presents such an opportunity, offering the industry’s first unified staking platform for leading meme coins like Dogecoin ($DOGE), Shiba Inu ($SHIB), and PepeCoin ($PEPECOIN).
Users can collectively stake these assets through this platform and earn rewards in the project’s native token, $STARS.
Beyond its pioneering approach to meme coin staking, the substantial staking rewards for $STARS – currently offering an annual percentage yield (APY) of 1,567% – are also a significant draw for investors.
This has accelerated its funding stages at a record pace, driving the price of $STARS to $0.0014191. As the project nears the $1 million milestone this week, another price increase is expected, which will boost the token’s price to $0.001424800.
Historically, Bitcoin ($BTC) has struggled in September. Since 2011, the cryptocurrency has averaged losses during August and September, with September alone showing an average decline of 4.41%.
Given this pattern, Bitcoin appears likely to experience modest or even negative returns over the next 29 days, though a slight uptick is possible if market conditions improve.
On a brighter note, the upcoming months offer a more favorable outlook. November has historically been Bitcoin’s strongest month, delivering an average return of 36.01%, while October and April also stand out, with average returns of 26.9% and 30.75%, respectively.
As Bitcoin moves, so do the altcoins, making Bitcoin’s performance a reliable indicator for the
Read more on cryptonews.com
