A leading crypto analyst has utility-centered meme coins in his crosshairs.
Austin Hilton says it’s just a matter of time until Shiba Inu’s next parabolic breakout. The analyst also expects huge gains for the new ICO token Crypto All-Stars.
The Crypto All-Stars ($STARS) presale is ongoing, and it has just surpassed the $1.2 million total raised mark, reflecting strong support from investors. Like Shiba Inu, $STARS is a meme coin built around innovative utility.
It’s building the first-ever unified staking platform for meme coins.
Shiba Inu might go parabolic as soon as next month, says Austin Hilton
Tik-tock – SHIB’s next parabolic breakout is approaching.
Hilton starts by prefacing that “everything follows Bitcoin” and suggests BTC is about to surge.
The analyst looks at Bitcoin’s historical price performance, highlighting that it is “almost always red” in September but is usually followed by an explosive upward rally in October, November, and December (Q4).
“When is Shiba Inu going to start going parabolic? The short answer is October,” he said.
Hilton has also made countless other videos hailing Shiba Inu and its position as the leading utility-based meme coin.
Shiba Inu’s utility stretches wide. This is how it distinguished itself from Dogecoin in 2020 and 2021, with promising features like a Play-to-Earn game, a metaverse, a decentralized exchange, and NFTs.
On that merit, Shiba Inu boasts a staggering $7.9 billion market cap. For reference, Coinbase, crypto’s most reputable and trusted centralized exchange, is worth $38 billion and listed as a publicly traded company on the U.S. stock market.
Shiba Inu’s meme coin utility has made it a powerful force in the crypto market.
But despite that, Austin Hilton says that Crypto All-Stars “has one of the best utilities out there.” That’s particularly noteworthy, considering it is a brand-new project that has raised $1.2 million.
Crypto All-Stars set for up to 10x gains after its presale
Hilton believes $STARS could see 2, 3, or even 10x gains immediately after its exchange launch.
“They have this thing called MemeVault. It lets you stake top meme coins and get rewards. I think this is really cool. I’ve never seen anyone else doing this.”
The analyst also points to the utility that this provides the $STARS token.
Holding $STARS is a prerequisite to accessing the MemeVault – and not only that – the more you have, the more you can earn.
MemeVault is an Ethereum-based protocol built under its ERC-1155 multi-token standard. This means it can support any cryptocurrency on any blockchain.
According to its website, the MemeVault will begin by supporting 11 meme coins, including Dogecoin, Pepe, Floki, and Brett.
Put differently, $STARS is inherently linked to the performance and liquidity of these other meme coins. Based on that, the project aims to become one of “the top ten meme coins ever created.”
Stake $STARS now and generate a 1,221% APY
While the MemeVault has not yet launched, presale investors are already generating passive rewards through Crypto All-Stars’ native $STARS token protocol.
It’s live and provides a whopping 1,221% APY. However, this will decrease as the staking pool grows, incentivizing potential investors to act early.
25% of the token’s total supply has been allocated to $STARS staking rewards. This is dead even with the 25% allocated to MemeVault rewards, making native token an equally lucrative endeavor.
Moreover, users may face less headwind in harvesting $STARS staking rewards, given the deep liquidity likely competing in the MemeVault.
To ease investors’ minds, Crypto All-Stars has already received full audits from leading blockchain security firms Coinsult and Solid Proof. Neither found issues with the project’s code, indicating it is safe and secure.
With the historically bullish Q4 in arms reach, investors are rushing to buy promising projects like Crypto All-Stars at discounted prices. Leading comparison sites like ValueWalk rate the project among the cryptos with the most potential in 2024.
Throughout the presale, the Crypto All-Stars price will incrementally rise. The next increase will occur in one day.
Follow the project’s X account or join its Telegram to stay updated. Otherwise, visit its website to buy and stake tokens.
Visit Crypto All-Stars Presale
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