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Wall Street Pepe Presale Soars Past $40M: Is This the Next Meme Coin Moonshot?

Bitcoinist
by Bitcoinist
5 months ago
·
Posted in Altcoin News, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

We had a feeling there was something special about Wall Street Pepe ($WEPE) when the presale launched on December 3. $100K raised within the first five hours? Not too shabby at all. 

Then, in a definitive ‘sit up straight and look at me’ moment, $WEPE hit the $1M mark just three days later. And while many token presales get off to an explosive start before fizzling out further down the line, Wall Street Pepe is bucking that trend. 

As of today, Wall Street Pepe has raised an eye-watering $43M. Let’s put that figure into perspective…

On June 17, 2024, the Pepe Unchained ($PEPU) presale was launched, raising $150K within seconds, according to Pepe Unchained’s X account. But it wasn’t until November 20 that Pepe Unchained hit the Big Four-O – as in, $40M raised. 

At the time, Binance Research referred to $PEPU as the ‘best-selling presale token of all time’ – and that was after reaching the $30M mark. It partly attributed the subsequent whale investments in $PEPU – driving it to $40M and beyond – to the announcement that its presale days were numbered. 

By the time the Pepe Unchained presale finished, it had raised a massive $74M, and its current market cap stands at $79.8M. 

$PEPU's performance over the past seven days
$PEPU’s performance over the past seven days. Source: CoinGecko

So, consider this: Wall Street Pepe has raised in just over four weeks what took Pepe Unchained a whole five months to do. At this rate, $WEPE could well dethrone $PEPU and claim that title of ‘best-selling presale token of all time,’ never mind being one of the best meme coins to invest in. 

What’s All the Wall Street Pepe Fuss About?

It would be foolhardy to think of Wall Street Pepe as just another version of a long line of Pepe-inspired meme coins. This guy has a clear objective – to stop whales hiding in insider trading groups from manipulating the crypto market. 

Wall Street Pepe is on the hunt for whales manipulating the market from the safety of insider trading groups
Wall Street Pepe is on the hunt for whales manipulating the market from the safety of insider trading groups.

And he’s doing that by building a frog army – a frog army of regular retail investors. And if $43M raised is anything to go by, that frog army is growing in leaps and bounds. 

It’s little wonder investors are clambering to join Wall Street Pepe’s frog army. The beauty of ‘enlisting’ – aside from early bird prices and staking rewards – is that all recruits are privy to expert tips and trading advice from Wall Street Pepe himself. 

And armed with those precious insights, $WEPE holders have the potential to become whales themselves. 

$WEPE has a total supply of 200B tokens, and according to the tokenomics, 12% is allocated to staking rewards. 

At the moment, 1 $WEPE costs $0.00036643, and tokens can be bought with $ETH, $BNB, $USDT, or a credit/debit card via the official Wall Street Pepe website. And if you’re a crypto newbie, heads up – whichever payment method you opt for, you’ll need a crypto wallet, like MetaMask or Best Wallet. 

The presale is scheduled to close at the end of February, but considering the high presale demand for $WEPE, that date could be brought forward. So, the clock is ticking if you’re considering enlisting in the frog army at presale-priced $WEPE. 

Remember, though, this article does not constitute financial advice. Always DYOR before making any investment decision. The $WEPE whitepaper is a good place to start, and check out Wall Street Pepe’s X channel for regular updates.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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