The world of cryptocurrency continues to witness a surge in on-chain trading activity, with Telegram sniper bots playing a significant role in the process. Amidst this trend, GOLD token has emerged as the latest breakout, soaring an astonishing +20,000%. In recent weeks, the market has witnessed numerous pump-and-dump moon-shots like PogeX, Trump2024, Thing, Jinbe, and шайлушай. As for GOLD token, it gained immense popularity after its first listing on Poloniex, a renowned cryptocurrency exchange. Notably, GOLD Coin, a meme coin aiming to challenge the ‘digital gold’ narrative, has garnered attention by promising a limited token supply and introducing LP burns and contract renouncement by a self-funded team. However, despite its initial success, GOLD token currently faces a localized retracement move, with a market price of $0.1854, representing a 24-hour change of -27%.
The initial 48 hours following the launch of GOLD token on DEX markets witnessed a jaw-dropping pump, catapulting its price from $0.00025 to an all-time high of $0.34. This surge of +20,000% was accompanied by a massive increase in volume, totaling more than $2.6 million over the past 24 hours. Impressively, more than 1,240 dedicated bag-holders contributed to this surge, propelling GOLD token to the tenth position on the hot coins list on DEXtools. As a result, GOLD’s market cap currently stands at $3.99 million, making it a potential player in the digital gold vertical. With plans for a significant marketing campaign and token burn on the horizon, GOLD Coin aims to further solidify its position and potentially push its market cap to $10 million. If successful, this would result in a trading price of $0.47, representing a potential +138% move from current levels.
Wall Street Memes (WSM) has captured the attention of the cryptocurrency community as one of the most notable meme coin presales of 2023. With seed funding rounds accumulating over $25 million from early backers, WSM is poised to make substantial gains upon its upcoming CEX launch announcement in just three days. The project’s impressive success can be attributed to its community, which now boasts over one million supporters. The WSM presale has surpassed all expectations, raising a staggering $25 million, making it the largest meme coin presale of 2023. The project’s minimum price point of $0.0337 has attracted thousands of early backers, further fueling its growth. Additionally, presale investors are set to receive a built-in +30% bonus when the coin initially lists.
WSM aims to transform the sentiment of the powerful Wall Street Bets community into a tangible asset. The project not only seeks to tokenize the anti-bank movement but also aims to redefine the perception of digital value. The allocation of token supply underscores WSM’s commitment to democratizing the project. Thirty percent of the tokens will be reserved for community rewards, while another 20% will be dedicated to liquidity. The remaining 50% will be made available in the presale, emphasizing the democratic nature of this project. This inclusive approach has facilitated explosive growth on social media, with the Wall Street Memes community amassing over one million followers. This vibrant community is likely to drive significant growth when the project launches on CEX in 23 days. Furthermore, WSM’s novel staking mechanism, boasting an impressive 282% APY, incentivizes long-term holding and suggests the token’s potential for explosive growth.
The rise of GOLD token and Wall Street Memes is a testament to the ever-evolving world of cryptocurrency. Both projects have garnered substantial attention and support from the crypto community. The success of these meme coins showcases the power of social media and the growing influence of communities in the market. However, it is crucial to remember that cryptocurrency is a high-risk asset class, and investments should be made with caution. While the prospects for these tokens appear promising, investors should conduct thorough research and seek professional advice before making any investment decisions. The future of GOLD token, Wall Street Memes, and the broader cryptocurrency market remains uncertain, but their impact on the industry cannot be ignored.