Meme Coins and Altcoins Follow Bitcoin, Whales Flock to Crypto-All Stars with $400K Buys
Follow the money; but in crypto, follow Bitcoin. In today’s crypto market, both are pointing up.
US President-elect Donald Trump has gone on record as wanting BTC to hit $150,000 during his presidency. That declaration indicates just how bullish the current outlook is in the US and beyond.
BTC grabs the attention, but behind the scenes, buyers are flocking to meme coins. The total meme coin market cap sits at $119 billion, and leading projects like DOGE and PEPE are up dramatically over the year.
Against that backdrop, the Crypto All-Stars (STARS) presale drew $400,000 in a single day as investors search for the next meme coin to drive 100x returns.
Time for a closer look at STARS, the meme coin market, and Trump’s plans for BTC.
Pepe Unchained’s Presale Promise
Crypto All-Stars (STARS) allows investors to stake a wide range of popular meme coins in its innovative MemeVault. That includes meme coins like PEPE, currently up 1,554% for the year, and its successor Pepe Unchained (PEPU).
PEPU, a Layer-2 upgrade for PEPE, raised $73 million on presale. PEPU Stage 1 presale buyers experienced 100% gains and accounted for 30% of PEPE’s 24-hour trading volume. In the past 24 hours, PEPU’s price increased 133%.
In fact, both PEPE and PEPU have landed on Coinmarketcap’s Trending page, demonstrating continued interest in these projects.
PEPU has even managed to leapfrog BTC on the list, landing ahead of the original PEPE.
The success of Pepe Unchained’s presale bodes well for projects like STARS, which is building momentum with attention coming from meme coin whales. Raising $400,000 in a single day helped boost the presale to an impressive $11.9 million so far.
As highlighted above, the earlier investors buy into a presale, the better; token prices start low and steadily increase by stages throughout the course of the sale. And with the current mood being incredibly bullish, investors are constantly on the lookout for other meme coins with 100x potential.
Remember to carefully evaluate each project before you make an investment. Do your own research, and be sure to examine the project’s team and roadmap.
Trump Likely to Make Crypto Performance the Economic Gold Standard
Trump’s administration is likely to be ‘very focused’ on BTC’s performance, per an Axios report. This echoes Trump’s emphasis on the stock market performance during his first term.
And by trumpeting BTC’s ongoing success, Trump could take credit for crypto’s continued growth.
The US president can’t single-handedly determine the success of a meme coin project. But he can appoint crypto-friendly officials and promote a growth-friendly environment.
Those efforts are already paying off, as other elected officials – like ones in Alabama – follow Trump’s example by promoting a strategic BTC reserve.
All told, Crypto All-Stars is making moves just when the incoming administration is setting BTC’s performance as the gold-standard measurement for economic success (and appears to be doing everything it can to ensure that success).
STARS couldn’t shine at a better time.