Meme coins have shifted from mere internet fun to becoming significant players in the crypto landscape, and they’re now more popular than ever, with the likes of Pepe seeing huge pumps over the last few months.
The Wall Street Memes token, born from the popular NFT collection Wall St Bulls, looks poised to become the latest meme coin sensation, given its uptick in user and investor traction. $WSM is approaching the $10 million milestone less than four weeks since going on presale.
The spirit of Wall Street Memes, as described in its whitepaper, aligns with the broader ethos of the crypto movement: the empowerment of everyday investors.
Memes, in this sense, are not merely vehicles of humor but tools for challenging traditional financial structures. The coin isn’t just about financial gains; it’s about disrupting the world of finance with laughter, unity, and the invincible strength of memes.
It aims to rewrite the narrative of Wall Street, merging the power of internet culture with the potential of financial investment.
Wall St Bulls, a successful NFT collection on Ethereum, made waves in 2021 when its collection sold out in a mere half-hour.
The collection’s subsequent activities, including introducing Bitcoin Ordinals NFTs, kept them in sync with the crypto trends. Now, they are venturing into the meme coin space with their Wall Street Memes coin.
Within the first 24 hours of the project’s launch, the token raised over $300k and has seen over $8.5 million invested in just under a month, demonstrating significant investor interest.
This rapid growth and considerable backing will likely make the $WSM token an appealing prospect for major crypto exchanges, including tier-one exchanges such as Binance.
$WSM is currently available to buy on presale at $0.0295, in the 16th stage of a 30-stage launch. Presales always come with a certain degree of risk, but platforms with robust community support often fare well in the long run.
Wall Street Memes has attracted over 1 million followers across five social media platforms, providing ample proof of a well-established and supportive community.
Why Should Investors Consider Wall Street Memes?
The influence of Wall Street Memes has even caught the attention of notable figures like Elon Musk, who has interacted with the platform’s Twitter page.
One can draw parallels between $WSM’s growth trajectory and the surge of Dogecoin, another meme coin that has witnessed a challenging ascent.
Both coins have effectively leveraged social media buzz and celebrity endorsements, underscoring the influence of these factors in the world of meme coins.
What distinguishes the $WSM token is its total supply cap of 2 billion, all set aside for the community. The allocation includes 50% for presale, 30% for community rewards, and 20% for exchange liquidity.
This community-centric approach safeguards against a rug pull, ensuring the project is entirely community-driven. Moreover, the deflationary model is a strategic approach that protects the coin’s value over time.
Moreover, the $WSM presale launch is accompanied by a $50k airdrop celebration, which rewards holders who join its social media channels, including Discord.
The Future of $WSM: A New Era of Meme Coins?
Wall Street Memes has established a roadmap divided into three phases: Foundation, Launch, and Community Empowerment. The careful planning demonstrates the project’s commitment to long-term success and sets a clear path.
Given the success of similar meme coins like and the attention Wall Street Memes has attracted, many analysts predict that the $WSM token could be the next 100x meme crypto.
By intertwining memes with blockchain, Wall Street Memes aims to redefine the modern financial world, powered by the voice of its community.
With its sizable digital presence, established rapport with its community, and timely entry into the meme coin season, $WSM could be one of the top cryptos to watch this year.
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Source: https://beincrypto.com/this-new-meme-coin-might-explode-10x-as-it-approaches-the-10-million-milestone/