As Ethereum Struggles to Break $2,000, Wall Street Memes Fundraise Powers Past $13 Million - Time to Buy WSM?

As Ethereum Struggles to Break $2,000, Wall Street Memes Fundraise Powers Past $13 Million – Time to Buy WSM?

Updated: 09 July 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

The Ethereum price is struggling to break the $2,000 barrier while Wall Street Memes’ fund raising has powered past $13 million. So is it time to buy WSM?

Ethereum’s price is up more than 55% this year and stood at about $1,864 at 12:45 EST. But its rise has stalled recently, the price falling 3.7% in the past five days and it’s also down a fraction of a percent in the past 24 hours. It’s risen just 1.3% in the past month.

Ethereum (ETH) Statistics Data:

ETH price now – $1,864
ETH market cap – $225 Billion
ETH circulating supply – 120,208,690 ETH
ETH total supply – 120,208,690 ETH
ETH Coinmarketcap ranking – 2

Can Ethereum Price Break $2,000?

It may be hard for ETH’s price to go beyond $1,922.60, which is the first resistance level, in the short term. The next significant level is around $2,000.64, which will be a bigger test for ETH to overcome.

ETH’s value could increase significantly if it breaks through the $1,922.60 resistance level though. The price may then reach $1,930 or $1,960.

However, if Ethereum doesn’t break through $1,922.60, its price may fall. A good support level is around $1,861.30; another is near $1,823.21. Ethereum’s price may stabilize if these support levels hold.

The market conditions might not make buying Ethereum a good idea right now. You might want to wait for clearer upward momentum before buying.

Before making investment decisions, monitor price movements and trends since market conditions can change quickly.

WSM Presale: Revolutionizing Crypto with Wall Street Memes Power

The crypto market keeps evolving, so traders are exploring different opportunities, like participating in presales, to find promising altcoins at a lower price before they’re listed. The Wall Street Memes (WSM) presale has been getting much attention since it launched last month, raising more than $13 million.

WSM’s success can be attributed to its association with meme stocks, which rose to prominence during the GameStop and AMC rallies in 2021. The connection has generated a lot of interest and investment in WSM.

The maximum supply of tokens is 2 billion, with 50% going to the presale and 30% to community rewards. With this strategic distribution, the WSM community stays engaged and incentivized to support the token’s long-term growth.

Introducing $WSM – yep, we’ve gone and done it.
The community token that's flipping the Wall Street Memes game upside down! 🐂

We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.🔥

Let's make some serious waves together,… pic.twitter.com/fH2TMGmglZ

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

Wall Street Memes’ Twitter account has over 251.4k followers, proving its community backing. Its large and active community provides a solid foundation for ongoing support and sustainability, differentiating it from other meme tokens that often struggle to maintain their initial momentum.

WSM tokens are currently available at $0.031 during the presale. By the end of the 30 presale stages, the price will be $0.0337. The Wall Street Memes site has information on how to participate in the presale.

While the presale ended with a price of $0.0337, WSM is likely to rally when listed on exchanges. The potential for a substantial price increase makes WSM an attractive investment during the presale.

WSM’s success is backed by a great team of advisors and a solid marketing plan. WSM is one of the most promising investments of the year because of its growth potential.