A meme coin mania is in the pipeline as the crypto market enters another period of growth and enthusiasm. A bull season without meme coins at the forefront is unheard of and this time won’t be any different.
As investors prepare for the upcoming meme coin rally, here are two tokens that are widely predicted to explode. They have been making headlines in crypto publications and trending across social media platforms over the last two to three weeks, hinting at a rapid break-out.
Let’s take a look at these two meme coins and how they fare against each other as well as the market.
Wall Street Memes ($WSM)
This is obviously not the first time you’re hearing about Wall Street Memes. Although it has only been a few weeks since the project announced its entry into the meme coin market, it seems the crypto community can’t stop talking about it. The hype is full-on.
What’s the big deal about this bizarrely named meme coin?
To begin with, the meme coin’s bizarre name. That has helped the project win attention and adulation in a market crowded with DOGE and SHIB knock-offs. WSM is not the typical meme coin that piggybacks on other popular projects and then goes on to die within days of launch.
Instead, the project is backed by the global Wall Street Memes community of 1M+ users, which is known for its hilarious memes that often go viral. Since the memes don’t spare anyone – not governments, not financial agencies, and not traders – it has a large foothold. The majority of the audience is either traders, investors, or business leaders. And yes, the community holds sway over crypto investors who are more responsive to speculative investments.
To give you better clarity on this, here is an example. Earlier in 2021, the community launched an NFT collection titled Wall St Bulls. To the pleasant shock of the market, the collection was sold out in a record 32 minutes. According to crypto analysts, the meme coin will outperform the NFT collection on its DEX launch.
Another interesting factor that has catalysed the WSM hype is Elon Musk. The tech mogul has a history of setting off meme coin mania often focussed on Dogecoin. But the latest meme coin to capitalize on his involvement is WSM. He has engaged with the community’s memes multiple times in the past.
The token presale of Wall Street Memes has broken past the $12M milestone at the time of this writing. The fact that the project acquired this milestone within days of the presale launch hints at the meme coin explosion underway.
Thug Life Token ($THUG)
Another meme coin that has been making headlines over the last few days is Thug Life Token. As you can see, the meme coin features a unique theme like Wall Street Memes. It harnesses the untapped potential of Thug Life Memes and brings it to the meme coin market.
The last time this happened, early investors went on to reap 7000%+ returns from the market. Yes, we’re talking about Pepe token, which takes inspiration from Matt Furie’s cartoon character of the same name that enjoys an iconic position in the meme culture. Pepe’s massive success was underpinned by its revival of the evergreen meme.
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🔑 Tag frens, drop wallet addy and keep an eye on DMs for $THUG pic.twitter.com/m5hPpKurTw
— Thug Life Token (@thug_life_token) June 26, 2023
Thug Life Token has embarked on a similar endeavor. The token takes inspiration from the wildly popular Thug Life Memes. The project’s goal is plain and simple – to kindle a meme coin mania and reward early investors with absurd four-digit ROI. It is the most promising meme coin to follow in Pepe’s footsteps.
Wall Street Memes vs Thug Life Token – Which is the Better Investment
Wall Street Memes is an extensive meme coin project with a large presale hard cap of $30M. Thug Life Token, on the other hand, has a small presale hard cap of around $2M. Despite the rapid progress of the WSM resale, $THUG will sell out early due to its lower target. So, if you’re looking for decent and quick returns, $THUG is the obvious choice. The token can generate anywhere from 10X to 15X returns for presale investors in the days that immediately follow its DEX launch.
The initial token launch of Wall Street Memes is scheduled for later this year in Q4. But clearly, it won’t wait that long. The presale is moving ahead so fast the token will be launched much earlier than scheduled, possibly in August. Given the past performance of the Wall Street Memes community in the crypto market and its global foothold, WSM can climb anywhere from 70X to 100X on its launch. It is widely predicted to be the biggest meme coin phenomenon in 2023.
The best strategy is to add both $THUG and $WSM to your portfolio, taking advantage of the early-stage discounts and benefits. The ratio of the assets can be determined based on your confidence in them.
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