Join Our Telegram channel to stay up to date on breaking news coverage
There are only seven days left in presale to buy Wall Street Memes, the most highly anticipated meme coin launch of 2023.
$WSM coin has already raised more than $25 million as its one million-strong community, with which Elon Musk interacts, seeks to monetize the GameStop stonks stock-democratizing movement and bring its verve to crypto.
According to the Wall Street Memes website, in nine days, the first tier 1 centralized exchange (CEX) listings will take place, which according to unconfirmed reports, will feature at least two top 10 exchanges.
Speculation is rife regarding which exchanges are in the frame, with at least one YouTuber chalking up Binance as one of the trading venues.
But even if it is not Binance just yet, snaring many top exchanges at this early stage of the project’s development will stand it in good stead for a Binance listing in the future and explosive price action at launch in a little over a week.
Wall Street Meme’s presale is still open, so there’s no time to lose to grab your allocation before it closes. The native token, $WSM, is priced at $0.0337 and could soon be trading at 10x that valuation.
Following Staking and Tier 1 CEX Listings, What Surprise Product Releases Does Wall Street Memes Have in Store?
Crypto watchers should not make the mistake of writing off Wall Street Memes as just another low-utility meme coin in search of a viral following.
Although not publicly announced, it is thought that the project has several major products it will be launching after it is listed on major centralized exchanges.
The project is all about helping Main Street take on Wall Street and win, and there’s no better way to do that than with crypto as the tip of the spear of the attack plan.
Its first product has already been unveiled less than a week ago.
The Wall Street Memes staking service is a big hit with the community.
So far, 343 million $WSM tokens have been staked and are currently earning an annual percentage yield (APY) of 58%, as shown on the staking dashboard. 34% of the tokens allocated to the presale have now been locked in the staking pool smart contract.
There is a maximum token supply of 2,000,000,000, of which 50% (1 billion) is on sale in the soon-to-finish presale. Regarding tokenomics, 20% is equally divided for decentralized and centralized exchange liquidity, 50% for marketing, and 30% for community rewards.
Such a substantial cut of the tokens set aside for marketing confirms the severe ambition of this project.
Twenty percent of the $WSM total token supply is allocated for staking rewards (400,000,000). This comes out of the 30% allocated to community rewards.
The significance of staking cannot be overstated. Because it provides a passive income stream, it will encourage long-term coin holding. It will also have the welcome effect of suppressing selling pressure when the coin lists.
Elon Musk Engages with Wall Street Memes’ Pre-existing Community of Over One Million Members
On top of its brand power among retail investors, Wall Street Memes has another thing going for it that competing meme coins lack – established verifiable legitimacy.
When multi-billionaire tech mogul Elon Musk interacts with your X (formerly Twitter) feed, it is time to uncork the Champagne. Well, $WSM is already in that enviable position.
You can see some screenshots above and check two of Musk’s posts on @wallstmemes at the links here https://twitter.com/elonmusk/status/1636924379086077954 and here https://twitter.com/elonmusk/status/1649784663924244482.
When it comes to meme coin influencers, they don’t come any bigger than Elon Musk. His current interactions beg the question: has Elon Musk been buying $WSM?
Just a little help from Musk can take a coin a very long way, as Dogecoin holders will attest – Musk is thought to feature among the line-up of Dogecoin whales.
Buying or not, Elon Musk has already sprinkled enough of his fairy dust to magic up a stellar launch for $WSM.
WSM Aims Higher Than Just Meme Coins: Striving to Capitalize on the Democratization of Wealth Generation
The avowed aim of the Wall Street Memes coin is to monetize the investor-focused social movement that, at its height, saw bands of retail stock buyers coming together on the Reddit sub WallStreetBets, to take on Wall Street and win.
Wall Street Memes is bringing the same swashbuckling YOLO spirit to crypto.
Wall Street Memes wants to reenergize the founding ideals of crypto to help the little guy achieve financial freedom by accessing wealth hitherto only available to Wall Street insiders.
J Pow thinks he’s that guy pic.twitter.com/ht6lDHKMp4
— Wall Street Memes (@wallstmemes) September 17, 2023
Boasting a social community of more than one million switched-on retail investors, Wall Street Memes emerged as a champion of retail investors in the meme stocks movement that kicked off in 2021.
Wall Street Memes coin is the brainchild of the team behind the one million-strong social Wall Street Memes community that grew out of the meme stocks movement. It is today one of the internet’s most influential retail investing communities.
For example, its Wall Street Bets Instagram account alone has 534k followers and another 260,000 on X (formerly Twitter).
It also has over 100k followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.
The launch of the $WSM token is far from being the team’s first venture into crypto. The team launched the Wall Street Bulls Ordinals NFT Collection in May this year.
Also, the community founders famously made $2.5 million when, in 2021, they minted the highly successful Wall Street Bulls 10,000-piece NFT collection, which sold out in 32 minutes.
Crypto investors rarely get to contribute to a project launched by a team with a proven track record, but Wall Street Memes is one such opportunity.
The WSM posse looks like they have within their grasp the next meme coin to take off, and its expanding utility means it will appeal to long-term severe investors beyond the ranks of the meme coin crowd.
Media Momentum Amplifies Wall Street Memes FOMO: Dubbed “The Most Awaited Meme Coin Debut of 2023”
Wall Street Memes’s brand appeal and its sellout presale’s continuing success means it is already a top coin before it even hits the spot market.
Crypto experts are lining up with bullish forecasts for Wall Street Memes.
YouTube cryptocurrency channel No Bs Crypto, with 33k subscribers, dubs $WSM the most anticipated meme coin launch of 2023.
Next up is YouTuber Joe Parys, with 380k subscribers. He tells viewers that the Wall Street Memes coin could be a 100x crypto.
Another analyst, Michael Wrubel, this time with 310k subscribers on YouTube, issued an urgent warning to his viewers four days ago not to miss out on getting into $WSM before the upcoming tier 1 listings.
Meanwhile, crypto presale analyst Jacob Crypto Bury reckons Wall Street Memes could be the best crypto to buy today, with only six weeks before it lists on top exchanges.
Other crypto financial influencers think $WSM could be the next Pepe coin because of its potential to monetize the meme stock movement.
Major crypto news outlets have also been covering Wall Street Memes, including Coingape, Cryptopotato, Cryptonews, Analytics Insight, U.Today, Outlook India, Finbold, and The Coin Republic.
Given the marketing strength being demonstrated by Wall Street Memes at this relatively early stage in its roadmap and the start of utility-enhancing product rollouts, expect the remaining tokens to be snapped up in short order.
Wall Street Memes Offers $50k Airdrop to All Token Holders – Here’s Where to Acquire $WSM.
Not only is WSM one of the fairest presales, with no team allocation, but it is also rewarding its growing community with the chance to win $50,000.
After investing, you can join the Wall Street Memes competition, where five lucky degens can benefit from a $50,000 $WSM airdrop.
If you are a $WSM token holder, then you can click on the button at the Wall Street Memes Linktree page to complete the steps to qualify for the airdrop.
$WSM can be bought on the Ethereum blockchain and BNB Smart Chain using ETH, BNB, or USDT (ERC-20 or BEP-20). If you wish to stake now, then you must buy with ETH.
You can also buy with a credit or debit card. Whichever route you choose to buy, be sure to do your research and only invest what you can afford to lose.
All prospective buyers need to do is connect their funded crypto wallet on the wallstmemes.com website to make their purchases.
Wall Street Memes is already the king of stonks, and in a few days, it could be making its first pitch to be the king of meme coins, too. Do your research, but this coin could be about to deliver mind-melting returns for early investors.
Buy Wall Street Memes
Join Our Telegram channel to stay up to date on breaking news coverage
Credit: Source link