**‘Binance Effect’ Propels $NEIRO’s Surge to 40% in 24 Hours – Anticipating the ‘MemeVault Effect’ as Crypto All-Stars ICO Reaches $1.5M**
**Crypto All-Stars**
**Meme Coins**
**Staking**
**Last updated:**
September 23, 2024, 11:24 EDT
**Author**
Gary McFarlane
**Author**
Gary McFarlane
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**Last updated:**
September 23, 2024, 11:24 EDT
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Crypto All-Stars ($STARS) achieved a remarkable milestone over the weekend by surpassing $1.5 million in presale funding. This influx of capital coincided with meme coins collectively boosting their market capitalization from $41 billion to over $43 billion on Sunday. Notably, First Neiro on Ethereum ($NEIRO) saw its price soar by 40% on Monday, largely benefiting from its recent listing on Binance.
As Crypto All-Stars continues to thrive in its presale, it is edging closer to launching a unified meme coin staking platform aimed at supercharging returns across the meme coin sector. Tokens such as Turbo ($TURBO) and PepeCoin ($PEPECOIN), which have posted impressive seven-day returns of 28.48% and 56%, respectively, are expected to gain even more traction through the upcoming MemeVault.
Even prior to the launch of MemeVault, investors can start accumulating significant holdings of the native $STARS token, which is crucial for optimizing passive income through the staking platform. Currently, $STARS is being offered at a fixed presale price of $0.0014593 per token, a bargain given its potential for considerable price appreciation owing to its unique utility. However, this opportunity will expire in less than 48 hours, with the price set to increase to $0.0014652 for the next funding round.
**What is the Binance Effect? Watch for the MemeVault Effect**
The listing of $NEIRO on Binance serves as a pivotal catalyst for the recent revival of meme coins. The token’s debut on the world’s largest exchange generated considerable buzz, especially given its pre-listing market capitalization of only $15 million and the existence of another Neiro token listed on Binance Futures. Following the listing, $NEIRO’s market cap skyrocketed to over $150 million, with all $NEIRO tokens reaching a cumulative value of $500 million by Monday.
The Binance effect is clearly at play for $NEIRO, akin to the boost experienced by other tokens listed through Binance. Generally, coins that make it onto this prominent exchange tend to see a favorable impact on their prices, as illustrated in the following chart:
**Source:**
Ren & Heinrich
(Coinmonks)
Almost all tokens listed have enjoyed substantial price increases in the days following their introduction, with some gains extending beyond the first five days. As the launch of MemeVault approaches, a similar phenomenon might be anticipated for the tokens eligible for staking on the platform—what could be termed the MemeVault effect.
MemeVault is a staking protocol specifically designed for meme coins, facilitating collective passive income generation. It is the first of its kind, making the next meme coin eligible for staking on its platform a highly anticipated event. Currently, it accepts tokens like Dogecoin ($DOGE), Shiba Inu ($SHIB), $PEPECOIN, Milady Meme Coin ($LADYS), the newly listed Turbo ($TURBO), Floki ($FLOKI), and several others. A complete list can be found on the project’s official website.
Holders of these tokens are certainly riding the wave of the sector’s recent upswing, but their excitement is expected to peak once MemeVault becomes operational.
**MemeVault Offers Triple Returns via $STARS**
The $STARS token is crucial for amplifying the MemeVault effect. As a meme token, it offers unparalleled utility as a rewards multiplier for MemeVault stakers. Investors holding significant amounts of $STARS can enhance their staking rewards, with larger holdings potentially tripling those rewards. This is likely the motivation behind early investors snapping up as many $STARS as they can during the presale to maximize their potential gains from MemeVault.
If $NEIRO secures a staking position on MemeVault, investors holding $STARS will not only benefit from the Binance effect but also from an enhanced MemeVault effect.
The excitement around $STARS is further fueled by early participants capitalizing on Crypto All-Stars’ independent staking protocol, which currently boasts an impressive 968% APY. To date, approximately 763 million $STARS have been staked, reflecting a 10% increase since Friday.
With this substantial staking incentive, early contributors can easily amplify their holdings, positioning themselves advantageously for the rewards that MemeVault will offer. Indeed, with Crypto All-Stars, investors have not only the potential for capital gains but also passive income—an exceptional utility that both investors and crypto influencers are beginning to recognize. Cilinix Crypto has expressed a similar belief in the utility of Crypto All-Stars, predicting significant growth for $STARS.
**What if Crypto All-Stars Gets Listed on Binance?**
The big question remains: what if $STARS makes it onto Binance? As a token intended primarily for holding or staking—essential for maximizing rewards through MemeVault—it already possesses strong economic fundamentals. A listing on Binance could flood the token with liquidity, potentially sending it soaring like $NEIRO.
With the project now having reached its $1.5 million milestone, the next target is $2 million, which appears attainable before the week concludes.
Visit the [Crypto All-Stars website](#) and connect your wallet to participate in the presale. You can exchange ETH, USDT, or BNB for $STARS, and even utilize meme coins like $FLOKI, $SHIB, $DOGE, and $PEPE. Secure bank card payments are also facilitated through a user-friendly interface.
Coinsult and SolidProof have conducted a comprehensive audit of the Crypto All-Stars smart contract and found no critical issues in the code.
Stay updated with the latest news and developments by joining the Crypto All-Stars community on [Telegram](#) or [X](#).
Visit [Crypto All-Stars](#).
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**Disclaimer:** Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You may lose your entire investment.