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Crypto Zeus reviewed new community-driven token, Wall Street Memes, whose presale began on May 26th and has already raised more than $3.7 million. Wall Street Memes’ early success has already been compared to the highly popular Pepe coin, which provided exponential profits for investors in mid-April.
Wall Street Meme Has Strong Community Support
Making waves in the cryptocurrency markets is not unusual for Wall Street Memes. Their entry into the NFT scene has been nothing less than thrilling. They prepared for a wild ride with the introduction of their NFT collection, Wall St Bulls. Back in 2021, the entire collection was sold out in just 32 minutes, generating an astounding $2.5 million.
Dudes who invested in AI hanging out with their onlyfans gfs this weekend pic.twitter.com/hcAfPD9sil
— Wall Street Memes (@wallstmemes) June 4, 2023
This remarkable accomplishment exemplifies the overwhelming attraction and influence of Wall Street Memes’ NFT endeavors. The project is intended to generate excitement and spark the curiosity of investors and traders, which are typical qualities of meme currencies, due to the initiative’s broad community support and active engagement.
Analysts also predict that the Wall Street Memes community’s size will lead to the WSM token being listed on leading cryptocurrency exchanges. This might be a significant bullish move for the digital currency, assisting it in achieving the team’s target of a market cap of over $1 billion. See our WSM price prediction here.
Wall Street Memes Prioritizes community With Remarkable Token Allocations
The Wall Street Memes tokenomics are quite outstanding. 100% of the token supply is dedicated to the Wall Street Memes community, demonstrating their community-first approach. There is no hidden private sale or special team distribution going on behind the scenes. The presale offers investors the opportunity to purchase 50% of the tokens in advance.
There is a significant likelihood that airdrops will occur for token holders because another 30% is set aside for community benefits. Additionally, 10% each is designated for liquidity on centralized and decentralized exchanges (CEX and DEX). Guide on how to buy WSM token here.
There will be 2 billion WSM tokens available overall. The initiative has an exciting setup, especially given that it has already garnered more than $3.6 million. It is anticipated that the price of WSM tokens would rise as the presale goes on.
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