Wall Street Memes is an emerging coin that analysts believe will be the next meme king, having raised over $3 million in just 8 days since its launch. Wall Street Memes’ early success has already been compared to the ultra-popular Pepe coin, which provided exponential profits for investors in mid-April.
Wall Street Memes surge in presale indicating early success
Wall Street Memes presale only began on May 26, but investors have been rushing to get a hold of WSM tokens while they are still cheap. Wall Street Memes excelled early on, with 1 billion WSM tokens split across 30 phases in its ongoing presale initiative.
Wall Street Memes has generated over $3 million in capital in just one week after its presale launch, selling the token for a price of $0.0268. The token’s price will continue to rise until a final phase sells it for $0.0337. Wall Street Memes presale event aims to raise $30 million.
Mfs who’ve been long on tech since the beginning of the year pic.twitter.com/YYwU9yG2GP
— Wall Street Memes (@wallstmemes) June 2, 2023
With increased interest in meme coins, it may meet that goal before the conclusion of the following quarter in 2023. Each of its 30 phases has a price increase, with early-stage investors profiting by 30% as an investment return.
The success of the Wall Street Bulls NFT collection preceded the early success of the presale, and both have contributed to the quick expansion of the Wall Street Memes community, which now numbers more than a million members.
Over the past few days, there has been a huge influx of new members to the official Wall Street Memes Telegram channel, and the project’s Instagram page currently has over 523,000 followers. See our guide to the best meme coins to buy here.
Celebrity attention helps Wall Street Memes hit a fever pitch
A meme coin is not acknowledged in the crypto space until it is endorsed by a celebrity or group of celebrities. Dogecoin began as a joke, with celebrities promoting the concept. Elon Musk, the CEO of Twitter, is a vocal supporter of meme coins, and Wall Street Memes have caught his attention.
Elon Musk has significantly engaged with Wall Street Memes on Twitter, with numerous followers commenting on his comments about the meme project. Because of its great recognition, Wall Street Memes should be your next coin for substantial market gains.
Naturally, this has sparked great discussion among cryptocurrency analysts about where the WSM token would end up once it is listed on popular CEXs and DEXs in Phase 2 of the project’s roadmap.
Massive community drives: Wall Street Memes features an impressive and strong tokenomics
The success of every meme coin in the crypto world will depend on its community. In addition to its lengthy history, as previously mentioned, Wall Street Memes has hundreds of thousands of supporters on Reddit, Twitter, and other social media platforms who are eager to spread the word about it.
This community was inspired by the GameStop saga of 2021, in which individual investors took on Wall Street’s big dogs and prevailed. Using the WSM token, the Wall Street Memes team hopes to empower the community and transform the world of finance.
Wall Street Memes aspires to provide its community with an outstanding token that links them and assists them in attaining success. The $WSM native token, which has a maximum supply of 2 billion, powers Wall Street Memes’ platform.
WSM tokens are distributed in the following proportions: 50% for presale, 30% for community rewards, and 10% each for DEX and CEX liquidity. Wall Street Memes has started several projects, including a $50,000 airdrop, and is planning to mint 420 NFTs and apparel later this year.
As a result, possessing a WSM token delivers on its promises, since the Wall Street Memes team implies that it will be used to evaluate future occurrences in its ecosystem. Furthermore, possessing its token represents being a part of a powerful and dynamic community. See our Wall Street Memes price prediction here.
Through this tokenomics framework, Wall Street Memes’ team hopes to ensure that the community has complete control, and this is reinforced by the fact that there was no private sale prior to the presale. Furthermore, the Wall Street Memes crew has not reserved any WSM for themselves, proving their long-term dedication to the project.
Amazing Legacy of Wall Street Memes
Hedge funds and other institutional traders engaged in a large short sale of GameStop (GME), a video retailer, in the 2021 financial market, which was exciting. Users of the subreddit r/wallstreetbets began buying GameStop stock in an effort to stop an upsurge of investors selling.
This persistent buying caused the stock price to peak in 2021 at $347.51. This market event triggered a Wall Street revolution, challenging the status quo of today’s financial system. On this basis, the Wall Street Memes token was born, symbolizing the internet’s victory against capitalism.
Users have tokenized this movement with its native token, $WSM, making it available for everyone to participate in and enjoy true financial freedom. To take part in the presale visit wallstmemes.com.
Wall Street Memes – Next Big Crypto
- Early Access Presale Live Now
- Established Community of Stocks & Crypto Traders
- Featured on BeInCrypto, Bitcoinist, Yahoo Finance
- Rated Best Crypto to Buy Now In Meme Coin Sector
- Team Behind OpenSea NFT Collection – Wall St Bulls
- Tweets Replied to by Elon Musk