The FOMO is certainly kicking in amongst Wall Street Memes presale buyers as the presale officially crossed the $2.5 million milestone – just one week after going live. While the rest of the memecoin space suffers a disastrous start to June, it seems that Wall Street Memes is only getting stronger as investors rush to get positioned as early as possible to take advantage of the lower prices.
Wall Street Memes is gaining considerable traction due to the fact that it embodies the core tenants that make a memecoin explode; hype and FOMO. The FOMO has already started, and the hype is generated from its huge community, which has over 1 million followers across social media channels, with heavyweight giants such as Elon Musk already interacting with the profiles.
Keep reading to find out why investors are experiencing huge FOMO for WSM.
Wall Street Memes – Sticking It to the Big Institutions
The presale for Wall Street Memes has absolutely exploded to the surprise of many memecoin investors, and it’s literally just getting started. The presale only started on May 25th but managed to cross the $2.5 million fundraising milestone just a week later after investors experienced FOMO and rushed to be a part of the new memecoin sensation, causing a stir in the industry.
Introducing $WSM – yep, we’ve gone and done it.
The community token that’s flipping the Wall Street Memes game upside down! 🐂We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.🔥
Let’s make some serious waves together,… pic.twitter.com/fH2TMGmglZ
— Wall Street Memes (@wallstmemes) May 27, 2023
Wall Street Memes is a project that is the fullest representation of the internet’s victory over capitalism. It is an extension of the GameStop fiasco of 2021, where the little guy challenged Wall Street to their own game and sent billion-dollar institutions crumbling as they lost the fight. Now, Wall Street Memes is tokenizing the revolution through the WSM token itself, allowing people to engage in the speculation with a little dash of humor to go alongside it.
The entire idea behind the project is to make satire out of today’s shambolic financial system while providing opportunities for individuals to participate in crypto investments. The fusion of internet culture, meme-based humor, and financial wizardry create a solid foundation for this project to turn parabolic once it hits exchanges.
Massive Community Driving Presale Growth
Crypto mfs are built different pic.twitter.com/jiDjaa79Z9
— Wall Street Memes (@wallstmemes) May 28, 2023
One of the primary reasons the presale is exploding is due to the fact that the project has a massive community already behind it. The Wall Street Memes project is connected to the Wall Street Bulls NFT collection. This collection sold out 420 NFTs in 2021 in just 32 minutes. The NFT collection has seen 1,800 ETH in total volume – which is worth $3.3 million at today’s low Ethereum prices.
That same community is right behind Wall Street Memes as they look to speculate further on the internet’s triumph over traditional finance. Although the token has no intrinsic utility, the same as PEPE, DOGE, and SHIB, the strength of this project lies in the robust community that is backing it.
The FOMO is officially kicking in as the presale continues to blaze through the milestones. However, the hype behind the project is only just starting. The fact that it already has a one million-strong following has many analysts believing that this puts it in a strong position to almost guarantee a major tier-1 exchange listing in the future. In fact, some analysts are already calling for Binance to be one of the exchanges that will come rushing to be one of the first to list WSM when it launches.
With such a strong community behind it, WSM is set to be the next memecoin sensation in the industry and is likely to gain mainstream adoption once the presale ends.
Early Stages in Presale Still Here: Invest Before It’s Too Late
The presale for Wall Street Memes is just getting started, although it has already raised a total of $2.5 million so far. The presale is currently in the fifth stage, selling the token at a price of $0.0262. However, it’s essential to know that the WSM presale is using a rising pricing strategy. This means that the cost of the WSM token will increase during each subsequent presale stage.
For example, once the presale enters the sixth stage, the price for WSM will increase to $0.0265. The price will continue to increase during the subsequent presale stages until the final stage sells it at $0.0337.
Therefore, it’s absolutely essential to get positioned as early as possible to take advantage of the lower price levels. Those that invest the earliest are in a better position to leave the fundraising with higher levels of unrealized returns.
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