Wall Street Memes is one of the emerging altcoins to make the best use of the ongoing crypto bull run. The meme coin has burst past the $10M presale milestone within days of going live, capitalizing on its 50X price forecasts on launch.
Let’s take a closer look at Wall Street Memes and whether it justifies the presale hype.
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 Making Headlines
Wall Street Memes token (WSM) is the latest meme coin sensation, setting records with its meteoric presale performance. Within just a few days of its launch, it has generated waves of excitement throughout the market.
To understand the growing hype around the meme coin, we should look into the community behind it. Wall Street Memes is one of the most lively online meme communities in the world, with over one million global followers across different social media platforms. It began to gain attention in the crypto market in 2021 when it sold out its inaugural NFT collection, Wall St. Bulls, hosted on the Ethereum blockchain. The NFT collection was sold out in a mere 32 minutes.
The community’s global foothold comes as a result of its hilarious memes that highlight the double standards of financial institutions and governments. So it doesn’t come as a surprise that it has become one of the largest and most cherished pages on social media.
To give you more insights into the community’s popularity, here is a tweet.
Yes, you saw that right. Wall Street Memes’ posts have reached traders, investors, and business leaders from around the world, including influential figures like tech mogul Elon Musk.
With Wall Street Memes tokens, the community’s goal is to capitalize on the meme coin frenzy and empower individuals to build wealth. Although it lacks a specific purpose, product, or utility, apart from growing the wealth of token holders, it has high market relevance and sustainability as a meme coin.
This is why
The sustainability of Wall Street Memes tokens in the meme coin market can be attributed to the project’s tokenomics, which allocates 30% of the token supply for community rewards. It hosts regular giveaways and airdrops as part of solidifying WSM’s position in the top three meme coin rankings and potentially propelling it even higher.
While the idea of a stable and profitable cryptocurrency without any significant utility may seem strange to newcomers, meme coin investors find potential in WSM. Although it lacks intrinsic value, it has high speculative value, being backed by one of the largest online global communities.
The long-term growth of the crypto market depends on how blockchain technology makes its way to more industries with innovation. But that doesn’t undermine the market relevance of meme coins or digital collectibles. In fact, the market has a history of launching seemingly hype-first coins that go on to achieve market capitalizations in the hundreds of millions.
While Dogecoin Shiba Inu are good examples of this trend, they are largely saturated now. They can’t give multifold returns to investors, with their market caps in billions already. A recent example of an explosive meme coin price action is Pepe, which kindled a 7000% surge in just a few days of its launch.
Wall Street Memes’ strong community backing gives it the potential to outperform Pepe and deliver 30X-50X returns for early investors and up to 100X in the next few months. The ongoing WSM reveals the significant growth potential of the project and is an ideal entry point to the project.
The presale is divided into 30 stages
The WSM presale consists of 30 stages with incremental price increases. With more than $10 million already secured, it is nearing its end. On reaching the milestone, the presale made headlines, which further accelerates the influx of investors to the project, which include whales. So, in the coming days, we can expect the presale to cross new milestones earlier – especially if the broader market upturn continues.
To take advantage of the discounts offered during the early stages, make sure you grab your tokens early. Here is how you can participate in the Wall Street Memes presale:
WSM also has an airdrop worth $50,000 live, as part of strengthening the community’s foothold among crypto users. Interestingly, the airdrop has 35,249 entries already. 5 lucky participants who complete the tasks listed under the Gleam contest will share the prize pool.
The verdict: Is WSM a good buy?
WSM is one of the best cryptocurrencies to buy now if you have your eyes set on explosive returns. It is a speculative asset and its $1M community, which has been around since 2019, gives it large meme coin potential. While most meme coins are launched based on fleeting trends, Wall Street Memes has a robust footing and therein lies its potential.
Buy Wall Street Memes Presale Tokens
According to industry analysts, the meme coin will break Pepe’s records within a few days of its launch. In the next few weeks, it will solidify its third position on the meme coin market. If the crypto wing of the community remains active and investors continue to hold WSM, it has the potential to give DOGE and SHIB a close run for their money.
Which are the other altcoins to invest in now
Listed below are two more altcoins that have been drawing a lot of attention alongside WSM. While they don’t have explosive potential, they can give decent returns to early investors.
- yPredict (YPRED)
yPredict is the utility token of an AI ecosystem tailored to cater to traders, developers, quants, and analysts. It brings back the statistical edge to price predictions in the crypto market, which is flooded with automated bots and algorithms. Using YPRED tokens, users can access a range of curated price predictive models through monthly subscriptions.
- Launchpad XYZ (LPX)
Launchpad XYZ (LPX) is a revolutionary Web 3.0 platform that dismantles the entry barriers to the crypto industry. It is your one-stop shop for a plethora of investment, trading, and utility insights. It offers a vast repository of data, covering details on every listed asset across multiple marketplaces. We need platforms like Launchpad XYZ to transform the popular narrative surrounding the crypto market and its high volatility.
