Wall Street Memes (WSM) is rapidly approaching the $17 million mark in its presale, as investors continue to pour funds into this promising meme coin. Despite launching less than eight weeks ago, the project has generated significant excitement and fear of missing out (FOMO) within the crypto community. With one of the largest and most popular communities in the crypto world, Wall Street Memes ($WSM) has attracted attention from both investors and analysts alike.
Currently priced at $0.0322 per token, Wall Street Memes ($WSM) tokens will increase to $0.0325 when the presale reaches $18 million, with subsequent incremental increases thereafter. The success of the presale, coupled with the project’s substantial social media following, indicates that Wall Street Memes has the potential to skyrocket once it launches on exchanges.
Notable analysts and tipsters have identified Wall Street Memes as the next explosive token, further fueling investment interest. Renowned crypto analyst Satoshi Stacker, boasting almost 300k subscribers on YouTube, recently featured the coin on his channel, contributing to the influx of investments into the project. Buyers are not only drawn to its meme coin potential but also to its experienced team, proven success in the industry, large following, and robust tokenomics.
The Elon Musk Effect
Wall Street Memes originated as an offshoot of the popular Wall Street Bets subreddit, known for its role in driving up the price of GameStop stock earlier this year. Even Elon Musk, the world’s richest man, CEO of Tesla and Twitter, and a prominent crypto enthusiast, has shown support for Wall Street Memes. Musk has interacted with the Wall Street Memes Twitter page on multiple occasions, including responding to a Tweet about former FTX CEO Sam Bankman-Fried, which was retweeted by the account.
Considering that Musk follows only around 300 accounts, his interactions with the Wall Street Memes account suggest a regular exposure to its content. The influence of Wall Street Memes’ social media presence has contributed significantly to the presale’s success and is expected to drive the project’s value even higher once it reaches exchanges.
Rigorous Tokenomics and Promising Roadmap
Wall Street Memes boasts a robust tokenomics structure that places the project firmly in the hands of the community. With a total supply of just 2 billion tokens, relatively low for a meme coin, Wall Street Memes ensures a higher price per token. In terms of allocation, 50% of tokens have been designated for the presale, with no vesting period, while another 20% will be available on decentralized and centralized exchanges. The remaining 30% is reserved for future community rewards, including an upcoming $50,000 WSM airdrop for five winners.
Notably, the project has no team allocation, establishing it as a decentralized endeavor with no risk of a rug pull. Although the Wall Street Memes developers remain anonymous, they have a proven track record of success in the crypto and Web3 space. In addition to amassing a significant social media following, the developers previously released the Wall Street Bulls NFT collection, which sold out in just half an hour, raising over $2.5 million. They have also launched the immensely popular Wall Street Bulls Bitcoin Ordinals NFT collection. The project’s clear and concise whitepaper and roadmap indicate a long-term vision, dispelling concerns of a short-lived pump-and-dump coin.
Numerous crypto analysts have identified Wall Street Memes as a promising investment opportunity. Jacob Crypto Bury, a popular crypto presale analyst, believes that WSM could potentially become a 10x meme coin after its official launch. Michael Wrubel, with 310k subscribers, has posted multiple times about the project, expressing his bullish outlook on its potential. Other influencers such as WendyO (195k subscribers) and Cilinix Crypto (30k subscribers) have also created videos discussing the project’s prospects in recent weeks.
To participate in the Wall Street Memes presale, interested buyers can purchase WSM tokens using ETH, USDT, or a card through the project’s presale website. For more information about the project, readers can refer to the whitepaper or join Wall Street Memes’ social media pages via Linktree.
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