The Wall Street Memes presale continues to impress as it approaches the $7 million fundraising milestone – just 20 days after opening its doors on May 26th. Investors are flocking to get positioned in the memecoin sensation as early as possible because they believe its huge one-million-strong following across social media channels will help drive FOMO once it launches on exchanges.
In addition, the project has already gained the attention of prominent figureheads in the industry – with the legendary Elon Musk already interacting with the Twitter profile on several occasions – and we have proof here to show you.
Keep reading to discover what Wall Street Memes has to offer and understand why investors are rushing to get involved.
Wall Street Memes – Bringing the Fight to Greedy Capitalism
Wall Street Memes is a tokenized representation of the internet’s victory over the greedy capitalists sitting in their high thrones on Wall Street. It’s an extension of the movement that challenged the giant institutions on Wall Street to a battle over GameStop and sent the stubborn capitalists crashing down.
Now, the same following that created the fiasco in 2021 is back to support Wall Street Memes through WSM, allowing people to continue to engage in the speculation with a side-order of humor to go alongside it.
The presale for Wall Street Memes has been truly outstanding as it became one of the most sought-after projects in the memecoin sector as investors rush to get involved as early as possible. The fact that it hit a $7 million fundraising milestone in just twenty days makes it one of the fastest-growing presales in 2023 – a testament to what’s about to come once the token launches on exchanges.
The idea behind the project is to make a mockery out of the traditional financial system while allowing individuals to participate in crypto investments.
FOMO Driven By One-Million-Strong Community – Elon Already Interacting
The FOMO for the WSM token is already underway as investors rush to get involved. It’s primarily driven by the one-million-strong following that the project already has spread across its social media channels.
The following for the token is generated from its connection to Wall Street Bulls – an NFT collection that managed to sell out in 2021 in just 32 minutes. The 420 NFTs generated over 1,800 ETH in trading volume over its lifetime, which is worth $3.2 million at today’s low ETH price.
The fact that WSM has already attracted such a huge following has many experts believing that this puts them in the perfect position to be listed on tier-1 exchanges as soon as the token launches. In fact, many analysts agree that Binance could be one of the heavyweight exchanges to list the token due to its strong community following – which would generate huge trading revenues for the platform.
It’s important to note that the token doesn’t have any planned utility – which is similar to memecoin giants like PEPE and DOGE. Instead, the strength of the project lies in the robust community supporting it, helping to spread FOMO and drive hype to push it to new highs once the token hits exchanges.
Furthermore, the project is already gaining the attention of prominent influencers and figureheads in the industry. Most notably, Elon Musk has shown his affection for the project on multiple occasions. The Twitter and Tesla CEO has interacted with the WSM profile on several occasions, and investors believe that another Tweet from the Dogefather will help send WSM to exceptional heights following its presale.
🤣
— Elon Musk (@elonmusk) April 22, 2023
2023’s Fastest Growing Presale Continues to Thrive: Invest Today
Wall Street Memes is certainly the fastest-growing presale project in 2023, raising $7 million in just twenty days from going live. The great thing about the presale is that all the tokens are reserved to help the community grow. The team hasn’t allocated any WSM for themselves, demonstrating their long-term commitment to this project.
The max supply for the token is capped at 2 billion. 50% of this is made available for purchase during the presale, with the other half being reserved for community rewards (such as airdrops) and CEX/DEX liquidity – so it can be added to exchanges.
The presale currently sits in the thirteenth stage, selling the token for a price of $0.0286. However, it’s essential to note that the presale uses a rising pricing strategy, meaning that the cost of the token will continue to increase during subsequent stages. For example, the fourteenth stage will sell the token for $0.0289, and the price will continue increasing throughout the thirty planned stages.
As a result, it’s essential to get positioned as early as possible to take advantage of the lower price points and leave the presale with higher levels of unrealized gains.
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