Follow the money; but in crypto, it follows bitcoin. In the current crypto market, both are pointing up.
US President-elect Donald Trump has gone on record saying he wants btc to reach $150,000 during his presidency. That statement indicates how optimistic the current outlook is in the United States and beyond.
btc draws attention, but behind the scenes, buyers are flocking to meme coins. The total capitalization of the meme coin market stands at $119 billion, with leading projects like DOGE and PEPE increasing dramatically throughout the year.
In that context, the crypto All-Stars (STARS) pre-sale attracted $400,000 in a single day as investors look for the next meme coin that generates 100x returns.
It's time to take a closer look at STARS, the meme coin market, and Trump's plans for btc.
The pre-sale promise of Pepe Unchained
crypto All-Stars allows investors to stake a wide range of popular meme coins in its innovative MemeVault. That includes meme coins like PEPE, which is currently up 1,554% for the year, and its successor Pepe Unchained (PEPU).
PEPU, a Layer 2 upgrade for PEPE, raised $73 million in pre-sale. PEPU Stage 1 pre-sale buyers experienced 100% gains and accounted for 30% of PEPE's 24-hour trading volume. In the last 24 hours, PEPU price increased by 133%.
In fact, both PEPE and PEPU have made it to Coinmarketcap's trending page, demonstrating continued interest in these projects.
PEPU has even managed to surpass btc on the list, placing it ahead of the original PEPE.
The pre-sale success of Pepe Unchained bodes well for projects like STARS, which is gaining momentum with attention coming from meme coin whales. Raising $400,000 in a single day helped boost pre-sales to an impressive $11.9 million so far.
As highlighted above, the sooner investors purchase a pre-sale, the better; Token prices start low and steadily increase in stages throughout the sale. And since the current mood is incredibly optimistic, investors are constantly looking for other meme coins with 100x potential.
Remember to carefully evaluate each project before making an investment. Do your own research and be sure to examine the team and the project roadmap.
Trump Likely to Make crypto Yield the Economic Gold Standard
The Trump administration is likely to be <a target="_blank" href="https://www.theblock.co/post/330212/trump-wants-bitcoin-to-hit-150000-during-his-presidency-report” target=”_blank” rel=”noopener nofollow”>'very focused' on btc performanceaccording to a report from Axios. This echoes the emphasis Trump placed on stock market performance during his first term.
And by touting the continued success of btc, Trump could take credit for the continued growth of cryptocurrencies.
The president of the United States cannot alone determine the success of a meme currency project. But it can appoint crypto-friendly officials and promote a pro-growth environment.
Those efforts are already bearing fruit, as other elected officials, such as those in Alabama, follow Trump's lead in promoting a strategic reserve of btc.
All said, crypto All-Stars is taking action just as the incoming administration is establishing btc performance as the standard measure for economic success (and appears to be doing everything it can to ensure that success).
STARS couldn't shine at a better time.