Traders Think This New Meme Coin Could Explode After Raising $12.5m

As the crypto community continues to ride the wave of meme coins, a new contender is turning heads – Wall Street Memes ($WSM).

During a massively successful presale that has now raised $12.5m, Wall Street Memes ($WSM) has positioned itself as a token with the potential to erupt.

With an established community and an endearing legacy, Wall Street Memes seeks to leverage the current meme coin craze to its advantage.

Wall Street Memes Harnesses the Power of Virality & Breaks $12.5m Barrier

Following its presale launch in late May, Wall Street Memes quickly caught the attention of crypto enthusiasts worldwide – leading to the project recently breaching the $12.5m milestone.

What sets Wall Street Memes apart from the other meme coins that are flooding the space is the project’s impressive pedigree.

The team behind Wall Street Memes is no stranger to the digital space, having successfully launched a popular NFT collection called “Wall St Bulls” in 2021.

This collection sold all 10,000 pieces in just 32 minutes – raising a whopping $2.5 million for the creators.

Aside from that, Wall Street Memes also harnesses the potential of a community that extends beyond 1.1 million followers across several social media platforms, including Instagram.

Its internet community is celebrated for engaging and hilarious content surrounding financial markets, including stocks and cryptocurrencies.

Ultimately, the $WSM token was launched to tokenize this movement, fuelling a deeper level of engagement within the community.

Moreover, with high-profile names like Elon Musk interacting with Wall Street Memes content, the foundation has already been laid for Tier-1 CEX listings – which are scheduled for once the presale concludes.

WSM Tokenomics Help Foster a True Community Spirit

Wall Street Memes’ team has made a bold move in structuring its tokenomics.

Unlike many other meme coin projects, the team has decided not to set aside any $WSM tokens for themselves.

Instead, they’ve designed a structure where 100% of the token supply, capped at two billion $WSM, is distributed among the community.

This setup will see 50% of the tokens used for the presale, 20% for CEX/DEX liquidity, and the remaining 30% for community rewards.

Naturally, this tokenomics structure aligns the developers’ incentives with the $WSM holders, solidifying the project’s focus on community.

The developers have also initiated a $50,000 airdrop as part of the presale launch celebration, stimulating engagement within the community.

Community members must join the official Discord server and complete various social media-related tasks to participate in the airdrop.

The prize of $50,000 worth of $WSM will be split among five winners once the presale concludes, providing an exciting opportunity for early adopters to increase their holdings.

Final Countdown Begins

With Wall Street Memes’ presale in its final stages, interested investors can buy $WSM tokens for just $0.031 – a discount to the planned exchange listing price.

Given the presale’s impressive fundraise, it’s clear that Wall Street Memes has leveraged the meme coin frenzy, but the team isn’t stopping there.

As the official website notes, Wall Street Memes has set a clear goal to reach a $1 billion market cap.

Not only that, but the developers plan to foster partnerships with well-known influencers and even launch an exclusive “gated community” for $WSM holders.

Two prominent crypto personalities, Crypto Jamie and Aaron CryptoNoob, have also become brand ambassadors.

Excitingly, Wall Street Memes’ team has left the third ambassador role blank, with a message saying “Coming Soon,” – leading investors to speculate that another high-profile endorsement could be on the horizon.

The next few months could be pivotal for Wall Street Memes, but with huge YouTubers like CryptoWendy0 already taking note, it’s no surprise that many early investors believe $WSM is primed to explode.

Visit Wall Street Memes Presale

Thug Life Also Gaining Traction as Investors Seek the Next Big Meme Coin

Alongside Wall Street Memes, another meme coin has caught the eye of investors – Thug Life ($THUG).

This new meme token has now raised nearly $400,000 via its ongoing presale phase, which indicates growing investor interest.

Driven by the famous “Thug Life” meme, $THUG is already creating ripples in the meme coin space.

Its appealing tokenomics setup, in which 70% of the $THUG supply is reserved for presale investors, provides a strong incentive for early investment.

Moreover, Thug Life has captured the attention of notable figures in the crypto industry; for example, crypto influencer Michael Wrubel recently endorsed the token.

Early investors can buy $THUG tokens for just $0.0007 – a price that will be fixed for the duration of the presale.

However, given that the presale has a hard cap of just over $2 million, opportunities to secure $THUG at such a low rate could be limited, so investors are piling in while they can.

Visit Thug Life Presale

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