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Investors and traders researching the best altcoins to invest in often seek out new cheap cryptos with a low market cap, that could have growth potential in the future.
Wall Street Memes has been drawing the interest of global investors through its ongoing 30-stage presale in recent months, resulting in significant attention and consideration.
With a presale that has already surpassed $22 million, Wall Street Memes, which has its roots in the large online community of 1.1 million Wall Street Bulls, is set to experience a huge bullish surge by the end of 2023. Take a look at our list of the top crypto ICOs to consider for investments.
Wall Street Memes token gains momentum as investor interest surges
This year, Wall Street Memes (WSM) emerged as a memecoin linked to the r/WallStreetBets online forum. Its unique blend of humor and design stirred notable interest, establishing the $WSM cryptocurrency as a significant player in the industry.
The creative team behind $WSM achieved remarkable success with their Wall St Bulls NFT collection, generating an astonishing $2.5 million in just 32 minutes. This successful approach has been adopted for the $WSM cryptocurrency.
The project recently surpassed the $20 million milestone, partly due to substantial investment from an undisclosed crypto whale. This funding injection significantly boosted the project’s resources. This progress brings the Wall Street Memes closer to its ambitious $30 million cap.
A significant investment of $1 million has been made in the Wall Street Memes token, which serves to further boost support for the project. This capital infusion propelled the $WSM presale well beyond its initial achievement, intensifying interest in the memecoin initiative.
With such events expected to become more frequent in the coming days, the surge in whale activity will become increasingly pronounced as the Wall Street Memes presale nears its conclusion. For valuable insights into the most promising memecoins to consider purchasing, refer to our guide available here.
Pre-listing boost elevates $WSM presale to over $22 million
While the popularity of certain established memecoins is resurging, newer projects are simultaneously establishing their presence in the market. One notable instance is Wall Street Memes (WSM), a newly surfaced venture that is currently being recognized for its potential within the realm of cryptocurrencies.
This can be attributed to its meme-centric branding and strong community support. Even before it makes its debut on an official exchange, the Wall Street Memes cryptocurrency (WSM) has already established itself as a noteworthy memecoin by raising more than $22.9 million during its ongoing presale.
Bring peak NFT mania back pic.twitter.com/V64TC03G7A
— Wall St Bulls (@wallstbullsNFT) August 10, 2023
It receives support from a group of knowledgeable professionals and benefits from a sizable global community of more than 1.1 million people involved in the cryptocurrency industry.
Notably, the number of users on the Wall Street Memes Telegram channel has surpassed 17,000, which has fostered conversations regarding future price forecasts once $WSM reaches the open market. Wall Street Memes’ popularity has increased as a direct result of the compelling social media content that the project has produced.
Influential individuals such as Elon Musk have shown an interest in the project. Elon Musk’s endorsement can be likened to injecting potent fuel into the already heated Wall Street Memes (WSM) frenzy. The demand for $WSM has surged to an unprecedented level since his approval.
Despite this, a significant amount of untapped potential remains. Its roadmap is reminiscent of a treasure map, guiding the project toward an ambitious $1 billion market capitalization. The initiative engages in strategic collaborations with major industry participants, secures prominent positions on notable cryptocurrency exchanges (CEX), and employs fresh marketing tactics.
Moreover, Wall Street Memes is in the process of creating an exclusive gated community tailored specifically for $WSM holders. Although the specifics are yet to be disclosed, it has piqued even greater curiosity within the community.
In addition, Wall Street Memes is organizing a $50,000 airdrop campaign, giving users the opportunity to win one of five $10,000 WSM tokens. To be eligible, participants are required to finish a variety of activities.
In order to complete these tasks, users must follow Wall Street Memes on Twitter, check out their website and Instagram, join their Discord server and Telegram group, and validate their purchased $WSM tokens. There are still 113 days left to take advantage of the airdrop opportunity.
The Wall Street Memes’ presale is drawing near to its conclusion over the next few weeks. Presently in its 28th stage out of a total of 30, it offers a limited window for potential investors to participate in the presale at a discounted rate before the token becomes available to the general public. For those interested in investing in the $WSM token, refer to our guide on how to buy the $WSM token here.
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