Home Bitcoin Hits ATH as Trump Wins, New Crypto All-Stars Raises $3M

Bitcoin Hits ATH as Trump Wins, New Crypto All-Stars Raises $3M

Wednesday 06 November 2024 – Crypto All-Stars ($STARS) has raised over $3 million in its presale, while Bitcoin ($BTC) hits a new all-time high as Donald Trump wins back the presidency.

Crypto All-Stars is launching at the perfect time with its meme coin staking platform, as meme coins, boosted by Bitcoin’s rise, have reached a combined market value of over $68 billion.

Named MemeVault, the staking protocol lets investors stake top meme coins together for combined rewards, offering them the chance to earn both capital gains and passive income.

And that’s not all. Crypto All-Stars’ native token, $STARS, unlocks the full potential of those rewards once the staking protocol goes live.

Right now, $STARS is available at a discounted presale price of $0.0015494 per token, but in less than three days, the price will increase to $0.0015556 as the next funding round kicks off.

The ‘Crypto President’ is Back in Office, and the Market is Exploding

Donald Trump made a remarkable political comeback on Wednesday, securing the U.S. presidency with a decisive win that surpassed expectations and defied polling predictions.

Trump has clinched 270 electoral votes compared to Kamala Harris’ 213. He successfully regained the states he lost to Biden in 2020, winning over more young voters and gaining greater support from Black and Hispanic men.

Trump’s victory places him in rare company – second only to Grover Cleveland, who also won a non-consecutive second term after losing re-election. While his win is a testament to his political resilience, it also underscores significant failures within the Democratic Party.

A second Trump presidency, however, could bring economic uncertainties, including the potential for tariff-driven trade wars and tax cuts that may favor high-income earners and corporations.

For the crypto community, though, the mood is markedly different. With Trump returning to office as the “self-proclaimed crypto president,” the market has surged. Bitcoin, in particular, saw a significant spike, hitting $75,000 on Wednesday, marking a fresh rally for the digital asset.

bitcoin price chart

Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap

Risk-taking sentiment quickly moved toward the meme coin sector, where micro to small-cap tokens have attracted fresh investor interest. PopCat ($POPCAT) jumped 16.53%, Mog Coin ($MOG) gained 10.05%, Floki ($FLOKI) rose 10.71%, and Bonk ($BONK) surged 14.95%. Even larger meme coins like Dogecoin ($DOGE) saw a solid 17.82% uptick.

This meme coin trading fervor has been fueled by a dramatic 166% rise in overall trading volume, reaching $19.39 billion overnight.

However, it’s not just the exchange listed tokens that have benefited from the Trump-induced market momentum. Newer projects like Crypto All-Stars, which crossed the $3 million mark in its presale on Monday, have also seen a surge, raising nearly $100,000 in just a few days.

That, along with many other reasons, is why we believe Crypto All-Stars could be a top pick for a meme coin supercycle.

MemeVault: The Launch of the Ultimate Meme Coin Staking Platform is Near

Crypto All-Stars’ MemeVault is rapidly approaching launch, and when it does, it will provide a new avenue for top meme coins – like those mentioned earlier – to earn additional returns beyond just capital gains.

MemeVault simplifies the staking process by offering a single staking protocol. This allows investors to stake their meme coin holdings in one place rather than navigate through multiple protocols to earn passive income.

As highlighted, $STARS is the key to unlocking even greater rewards, with holders able to boost their returns up to three times simply by holding the token.

Indeed, $STARS not only maximizes the benefits of the Crypto All-Stars ecosystem but also boasts its own independent staking protocol, which many presale investors have already seized.

The $STARS staking protocol currently offers a 505% APY – doubling holdings in under three months.

With 1.4 billion $STARS tokens already staked, representing about 72% of the tokens purchased during the presale, it’s clear that investors are eagerly capitalizing on this opportunity to grow their holdings ahead of the MemeVault launch.

crypto all stars staking distribution

Crypto All-Stars Staking | Enter The MemeVault (cryptoallstars.io)

What’s Next for Meme Coins in the Wake of Trump’s Victory?

Trump’s win could be the beginning of a new rally for crypto. Bitcoin’s new ATH could be just a taste of the potential gains that are about to come. And, of course, where Bitcoin goes, the rest of the market follows – often at twice the pace.

Meme coins, once dominated by just $DOGE back in 2017, have multiplied in number, with investor Murad Mahmudov predicting the rise of millions of meme coins by 2025.

For Mahmudov, this potential growth signals that, within the world of altcoins, meme coins are becoming the market’s favored breed. He believes that by 2025, meme coins will truly go parabolic, with the current phase still just the early stages of a meme coin supercycle.

Amid the growing number of meme coins, one thing remains clear: there’s only one protocol where they can all be staked together – and that’s Crypto All-Stars’ MemeVault.

To be part of this exciting future, join the presale today and secure your $STARS. Visit the Crypto All-Stars website, connect your wallet (such as Best Wallet), and effortlessly swap ETH, USDT, or BNB for $STARS. Bank card payments are also accepted.

Additionally, you can use popular meme coins like Floki ($FLOKI), Shiba Inu ($SHIB), Dogecoin ($DOGE), and Pepe ($PEPE) to acquire $STARS tokens via the site’s user-friendly widget.

Crypto All-Stars’ smart contract has passed thorough audits by Coinsult and SolidProof, so you can trust it’s secure and reliable.

For the latest updates and to connect with the community, join the Crypto All-Stars channels on Telegram or X.

Explore Crypto All-Stars.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Hamza Tariq
Crypto Expert

Hamza is an experienced crypto expert with a deep understanding of blockchain technology, cryptocurrency markets, and digital finance. He is passionate about making complex topics accessible and helping readers navigate the fast-evolving world of crypto.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.