Wall Street Memes Price Prediction: WSM Ascends 20%

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Wall Street Memes (WSM) cruised through its presale with style, breaching the $25 million mark in record time. During the whole run, the project managed to amass an expansive community of users, recording over one million, with more than 40 million impressions daily. Upon listing, the project did not do so well, but recent indications indicate a possible recovery, and WSM may be due for a big move after a 20% climb.

Wall Street Memes Ramps Up

Wall Street Memes is ramping up the ecosystem with a $50,000 airdrop specifically for WSM community members. The token is listed on several exchanges, including OKX, where interested investors can buy WSM.

🚀 50K $WSM AIRDROP ALERT 🚀

Buy Now ➡️https://t.co/7wNmO5yIO5

Enter Now ➡️https://t.co/ykaumLsjJ4 pic.twitter.com/ENuHb9mMlQ

— Wall Street Memes (@wallstmemes) September 28, 2023

Even after listing, the project maintains its resolve to express the internet’s victory over widespread capitalism. It is still tokenizing the movement, steadily demolishing the coordinated monopoly of financial markets.

But I still can't get approved for a credit card? pic.twitter.com/4niDCaxpBM

— Wall Street Memes (@wallstmemes) September 27, 2023

Meanwhile, exchanges are queuing to list the WSM token, which is expected to serve as a bullish fundamental as it shows trust in the project.

We are aware that exchanges are listing $WSM.
Due to our exclusive listing arrangement with @okx , we are unable to announce them until the 3rd.

As a result, our listing announcement on the 3rd will include exchanges we are already listed on.

We are however in talks with other… pic.twitter.com/yOrDLPJNTc

— Wall Street Memes (@wallstmemes) September 28, 2023

Interestingly, barely a week on the OKX exchange and the altcoin has already merited for a position among the platform’s top meme coins on popularity metrics. This is an interesting turn of events as a nascent meme coin is already contending against industry giants like Dogecoin (DOGE) and Shiba Inu (SHIB).

Top #memecoins on #OKX watchlist (in the last 24 hours) according to our popularity algorithm 👀

❇️ $WSM @wallstmemes
❇️ $PEPE @pepecoineth
❇️ $DOGE @dogecoin
❇️ $SHIB @Shibtoken
❇️ $PEOPLE @ConstitutionDAO

Learn more: https://t.co/y9eUCJ8ggX pic.twitter.com/mVEQq1X9M7

— OKX (@okx) September 28, 2023

In a recent post, we reported how WSM outperforms SHIB and PEPE, meriting among the top ten meme coins after a 160% climb.

Wall Street Memes Price Outlook

There is very little to work with for WSM price on higher timeframes. However, lower timeframes tell another story, showing the meme coin could be poised for a big move. One likely catalyst for this is the expected tier-one listings.

The Wall Street Memes price action is consolidating within an ascending parallel channel. This bullish technical formation promises more gains for as long as the price remains bound within it. However, WSM seems to want more than a confined uptrend and is currently testing the upper boundary of the pattern. A breakout seems likely, but it depends on how the bulls play their hand.

Increased buying pressure and capped profit appetite could see Wall Street Memes escape from the confines of this chart. For now, the level to beat is the range high of 0.06116, last tested on September 26.

The Parabolic SAR provides support, trailing Wall Street Memes price from below to reinforce the upside potential. The Moving Average Convergence Divergence (MACD) indicator also flashes bullish, recording high volumes of histogram bars while taking an upward direction. This suggests more bulls are coming in. The volume bars below the candlesticks also superimpose the optimistic price action, suggesting traders are not showing any restraint.

WSM price — TradingView: WSM/USD 2-hour chart

However, new tokens tend to fall shortly after big moves up as investors look to take profits quickly while the euphoria lasts. With this, the possibility of a correction cannot be ruled out entirely. A break and close below $0.0350 would invalidate the bullish outlook for the short term, possibly putting it off for the longer term.

It is worth mentioning that at the current price of 0.0451, traders who bought WSM at presale rates of $0.0337 are almost 34% in profit.

Meanwhile, have you heard of MK, the native asset for the Meme Kombat ecosystem? The project has analysts excited, with Jacoby Bury anticipating 10X growth potential.

WSM Alternative

Meme Kombat is leading the latest meme coin mania, presenting MK tokens that investors are excited about. Evidence of this can be seen in the presale sales, hitting $120,000 and still going on despite debuting only recently. Even renowned expert trader and seasoned investor Crypto Tony has endorsed Meme Kombat.

New presale i am bring some awareness too .. Legends at @Meme_Kombat who are an innovative new gaming platform designed for hardcore gamers.

– Doxxed team ✅
– $100,000 raised already ✅
– Passive staking ✅
– AD / NFA / DYOR ✅

– Presale link : https://t.co/TWAEnq5WG0
– TG :… pic.twitter.com/r6xtdbBmeX

— Crypto Tony (@CryptoTony__) September 28, 2023

The project offers a unique mix of betting and staking with plenty of rewards to be earned. It is an innovative new gaming platform designed for gaming enthusiasts. From active betting to passive staking, there are rewards for all users. Designed for gaming enthusiasts, the project looks to leverage the growing gaming finance (GameFi).

🔥 Introducing $MK | @Meme_Kombat

Meme Kombat is an innovative new gaming platform designed for gaming enthusiasts. #GameFi sector is growing, so it is worth checking 💯

Devs are doxxed on website, presale is ongoing and they already raised $100K+
Lets see how it goes.

TG -… pic.twitter.com/rApnGbeDX0

— Crypto General 🦄 (@DaCryptoGeneral) September 28, 2023

Interestingly, once you own MK tokens, you do not need to wait until the project launches before you can start earning. Do not wait for battles. Start earning APY on your MK tokens today by buying the presale.

The staking function has incredible returns, going as high as 112% Annual Percentage Yields (APY). The staking dashboard will be live soon. Meanwhile, accumulate as many MK tokens as possible to experience early entrant rewards once the token’s value grows. Notably, the project has made it to the hottest new stake-to-earn gaming meme crypto launches list.

In a review of the Meme Kombat project, Crypto Gains says that seasoned leadership and strategic vision chart the project’s future growth. The YouTuber hails how building trust has been critical to the project’s growth. One of the ways this has been done includes the smart contract code being audited and the plans to make the findings public on Meme Kombat’s website.