Sunday, 16th July – Wall Street Memes’ presale of its $WSM token just hit the monumental $15 million milestone, as investors pile in ahead of what will likely end up being 2023’s hottest meme coin launch.
Wall Street Memes was born out of the movement in 2021 where the little investors teamed up to rebel against Wall Street and quickly become one of the internet’s most powerful retail investing communities.
The platform has a massive 1 million-strong follower count across its various social media channels.
Given the strength of the Wall Street Memes community, analysts and observers are billing $WSM to be the next viral meme coin, with many predicting it could go on to match the likes of Pepe, Shiba Inu or even Dogecoin.
Meanwhile, the impressive rate at which the $WSM presale has been raising funds should be taken as a strong vote of confidence in the project by the crypto-investing community.
$WSM tokens are currently selling for $0.0316, but the price is soon set to rise to $0.0319 when the presale hits $15.44 million.
Investors hunting for the next low-cap gem should bear in mind that, unlike the vast majority of other presales out there, the Wall Street Memes team has a track record of selling out digital asset launches quickly.
Indeed, its $WSM presale has already surpassed 2021’s highly successful mint of the Wall Street Bulls 10,000 piece NFT collection, which famously made $2.5 million and sold out in 32 minutes.
The king of stonks is fast becoming the king of meme coins. Don’t miss out.
Visit Wall Street Memes Here
$WSM – The Tokenization of the Rebellion Against Wall Street’s Hegemony
Wall Street Memes was born out of the movement in 2021 where retail investors teamed up against major financial institutions by bidding up the price of heavily shorted stocks like GameStop and AMC.
While failing to topple the overall dominance of institutional investors, the movement did manage to force Melvin Capital hedge fund into closure.
“The little guy challenged Wall Street in the infamous GameStop fiasco of 2021, and the legacy of those brave Wall Street Bets heroes endures until today”, Wall Street Memes says on its website.
Wall Street Memes, who know everything there is to know about building brands in the new age of finance, is tokenizing that movement via the launch of its $WSM token.
Even Elon Musk Has Taken Note
The clout of the Wall Street Memes investing community is such that even the world’s richest man and most followed person on Twitter (no surprises, since he owns it!) Elon Musk has taken note.
The precocious billionaire has replied twice to Wall Street Memes tweets.
Meanwhile, Musk has also replied to a tweet by the SHIB founder after Wall Street Memes had retweeted it – This suggests that someone out of the 311 people Musk follows on Twitter follows Wall Street Memes.
When the likes of multi-billionaire Elon Musk engages with your Twitter feed, you know you have arrived.
Given that its community backing reaches across nearly all corners of the internet, Wall Street Memes’ $WSM token is likely to get exponentially more attention than the vast majority of most normal meme coin releases.
How else would it have been able to raise a whopping $15 million already?
Wall Street Memes Focused on Empowering the Little Guy
In fitting with its focus on empowering the little guy, 100% of the $WSM token supply is being dedicated to the Wall Street Memes community – there is no behind-the-scenes private sale and no team allocation largesse.
That means Wall Street Memes is one of this year’s fairest presales.
50% of the token supply is available in the presale, the raise for which and will be allocated to high-level marketing efforts; 30% as community rewards; 10% for CEX liquidity and 10% for DEX liquidity.
With 30% of the supply allocated to community rewards, it can reasonably be expected that airdrops to holders will be a big part of the ecosystem.
In fact, Wall Street Memes is already running a competition where five lucky degens will benefit from a generous $50,000 $WSM airdrop.
Investors who have already purchased $WSM only need to follow the steps detailed on the meme project’s website here to become eligible for the airdrop.
Can $WSM Become a Multi-Billion Dollar Market Cap Coin?
Given that meme coins often rely on the power of their community and social media presence, and given that $WSM already has a strong and engaged community around its project, the meme coin could generate massive hype and attract attention from larger investors and traders.
It’s not surprising then that numerous analysts are already predicting big things for $WSM when it lists on exchanges.
Popular British crypto presale analyst Jacob Crypto Bury thinks $WSM could easily be a 10x meme coin.
And the coin is also being touted by popular crypto influencers like Michael Wrubel, CryptoWendyO and Cilinix Crypto.
10x gains from $WSM’s exchange listing price of $0.0337 would see the token reach a fully diluted market cap of $674 million.
But some analysts have said $WSM could even match the size of major established meme coins like Dogecoin and Shiba Inu, which have respective market caps of around $8.5 billion and $4 billion.
100x gains to a market cap of over $6 billion shouldn’t be ruled out.
Anything is possible in crypto markets, especially when your coin is backed by over a million committed degens.
Investors wanting to get in ahead of big potential future price rises should think about getting in on the meme coin’s presale as soon as possible in order to secure their $WSM at the best possible discount.
$WSM can be bought on both the Ethereum blockchain and BNB Smart Chain using ETH, BNB or USDT (ERC-20 or BEP-20).
All users need to do is connect their crypto wallet on the wallstmemes.com website to make their purchase.
Buy Wall Street Memes Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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