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Investors have only a few hours left to buy $WSM at the lowest price before the upcoming exchange listings, which could lead to big upside potential.
Although the exact amount of funds raised has not been publicly disclosed since the presale reached $25 million a few weeks ago, Wall Street Memes stands out as one of the biggest memecoin presales this year.
Furthermore, the recent team announcement about listing on top-tier exchanges by September 27 has sparked optimism for a notable surge in the price.
The upcoming massive exchange listings
Ever since the announcement of being listed on major exchanges, there has been growing enthusiasm regarding the immense potential for growth in Wall Street Memes. Recent news hints that Binance might lead the way among centralized exchanges (CEXs) to list $WSM.
There are speculations about Wall Street Memes’ strong presence in the US and the possibility of prominent names in the US crypto exchange arena, such as Coinbase and Kraken, considering listing the coin.
https://twitter.com/wallstmemes/status/1705996816448200721?s=20
Top-tier exchange listings could solidify the project’s credibility and expand its reach to a wider audience, which could lead to big upside potential. Although it is not yet confirmed which specific global top 10 exchanges will list $WSM, rumors suggest that Binance and Coinbase may be involved.
It’s evident that a listing on either of these platforms would significantly boost the price of Wall Street Memes, a pattern witnessed many times with memecoins. Shiba Inu, for instance, achieved a record high in 2021 after its Binance listing.
More recently, Pepe experienced a similar surge, hitting a $2 billion market cap following its Binance listing during a challenging market phase. As the next crypto bull run approaches, a tier-one exchange listing for Wall Street Memes could hold even greater advantages for previous memecoins.
Wall Street Memes introduces staking feature to enhance utility
The Wall Street Memes team recently revealed a new staking feature, allowing token holders to earn a substantial annual percentage yield on their holdings. This move was widely welcomed, evident in the 397 million $WSM tokens already staked, as reported on the Wall Street Memes staking dashboard.
Currently, the staking mechanism offers an attractive 50% APY, a noteworthy amount considering the project’s potential for growth. Wall Street Memes has allocated 30% of its tokens for staking and community rewards, 50% for marketing, and 20% for exchange liquidity.
These tokenomics were thoughtfully structured to ensure price stability and sustainability while encouraging community engagement and attracting new investors to the project.
Wall Street Memes: Could it be the next big meme coin – The King of Meme Coins?
The Wall Street Memes token comes from a large online community of traders and smart investors, exceeding one million in number, which emerged during the meme stocks trend amid the pandemic.
Its widespread recognition as the ‘King of Stonks’ is evident through its numerous engagements with Elon Musk on its X account (previously Twitter), now aspiring to claim the title of the ‘King of Meme Coins’. Notably, its Wall Street Bets Instagram account boasts 539,000 followers and an additional 279,000 followers on X.
Additionally, it has 100,000 followers combined across its other two Instagram channels, wallstgonewild and wallstbullsnft. Wall Street Memes’ exceptional strength lies in its expertise in viral marketing. Since its establishment in 2021, the team has consistently achieved success, playing a leading role in crypto and stock meme culture.
The inspiration for this project came from the 2021 Wall Street Bets and GameStop saga, where ordinary investors triumphed over financial institutions using memes, community, and humor. Initially starting as a social media meme brand, Wall Street Memes later ventured into the highly successful NFT collection, Wall St. Bulls, in 2021.
This collection sold out in slightly over 30 minutes, raising an impressive $2.5 million. Since then, the project has gained significant social recognition, amassing a million followers across all social channels and even capturing the attention of Elon Musk on Twitter.
Given Musk’s influence on Dogecoin’s price, many speculators now foresee Wall Street Memes as the potential top memecoin in the making. Explore our guide for top memecoins worth considering.
Crypto analysts predict up to 100x returns for $WSM
The success of its presale and its strong social following have caught the attention of leading crypto analysts. Trader Michael Wrubel, popular for his YouTube channel with 300K subscribers, commended the Wall Street Memes community, highlighting its unique position among memecoins and immense potential.
Wrubel had previously referred to the token as a potential 100x memecoin in his videos. Jacob Bury also emphasized the urgency for potential investors to act quickly with the presale ending soon, considering $WSM as a crypto launch with 10x potential.
Bury’s predictions have proven profitable in the past, like the BTC20 presale, which achieved a 7x increase after its exchange launch. Another notable crypto influencer, Austin Hilton, with over 230k subscribers, lists $WSM among the best altcoins to purchase, underscoring that this is the final opportunity to buy during the presale.
YouTuber Joe Parys, boasting 380k subscribers, suggests that the Wall Street Memes coin could witness a 100x increase in value. Investors aiming for the next major memecoin should take action as the presale is about to end, and missing it may mean purchasing on exchanges at a potentially much higher price.
For further information on acquiring $WSM, please refer to our simple guide available here.
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