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One of the fastest-growing crypto projects, Wall Street Memes ($WSM), was reviewed by the official Cryptonews.com YouTube channel this week. This emerging cryptocurrency is rapidly gaining traction among early-stage investors and is poised to become the dominant memecoin in the near future.
Since its introduction in late May, meme crypto presale Wall Street Memes ($WSM) has amassed over $13 million in seed round fundraising. This groundbreaking initiative successfully combines investment attractiveness and meme culture, making an indelible mark on the ever-evolving cryptocurrency market.
As the cryptocurrency market is ready for its next uptrend, investors are searching for the next big memecoin. The title should really go to Wall Street Memes Token. Initiated by the same startup that produced the Wall Street Bulls NFT line that went viral after selling out in 30 seconds, this is a bold move.
The project’s goal is to generate revenue through the pre-sale by capitalizing on people’s FOMO (fear of missing out). Wall Street Memes, which places an emphasis on social impact, gives away all of its tokens to investors. See our guide to the best memecoins to buy here.
This strategy paid off, as the effort attracted a sizable investment during its ongoing sales phase and gained a sizable fanbase through various online mediums. More than 1.1 million people follow Wall Street Memes across various social media platforms.
Elon Musk’s huge influence on Wall Street Memes Presale
Wall Street Memes are gaining appeal among investors. Elon Musk, the crypto entrepreneur who constantly ranks among the world’s wealthiest men, the owner of Twitter, and the user with the most followers on the social media network, has communicated with the community twice.
Its online community is well-known for its amusing and humorous articles pertaining to financial markets such as equities and cryptocurrencies. The $WSM token was established to commemorate this movement and inspire greater community participation.
Holding a $WSM token is like wearing a badge of honor. The currency distinguishes itself from other memecoins due to its captivating narrative and ideological aim. See our guide to the best low market cap crypto to buy here.
The unstoppable community-focused memecoin Wall Street Memes hit the $13 million milestone
The project is currently in its presale phase, having garnered over $13.5 million in just a few months. At the time of writing, investors can purchase $WSM for $0.0313, but this is expected to climb incrementally during the course of the presale. See our guide on how to buy $WSM token here.
Wall Street Memes‘ plan outlines a three-part strategy: Foundation, Launch, and Community Empowerment, demonstrating its commitment to long-term growth. The first part of the plan is community building and establishing a strong brand presence.
The second phase comprises the launch of the $WSM coin, the formation of significant collaborations, and the acquisition of listings on numerous top-tier exchanges. The last stage focuses on amplifying community power, with a market cap of $1 billion after its exchange listings.
Realizing you shouldn't have sold that one stock pic.twitter.com/UXU8nYXqLE
— Wall Street Memes (@wallstmemes) July 8, 2023
A growing number of investors are signing on as the ICO gets closer to its hard cap goal, increasing competition for a finite supply of tokens. The desire to be a part of the early stages of this fantastic undertaking grows stronger by the day. See our guide to the best altcoins to buy now here.
The distribution process of $WSM tokens is unique, stressing its community-first approach. With 2 billion tokens, half is set aside for presale, 30% for community awards, and 20% for exchange liquidity. In addition to the presale, the developers launched a $50,000 airdrop to promote community engagement.
When the presale concludes, the five winners will each get $50,000 in $WSM, providing early adopters with an exciting opportunity to enhance their holdings. Given its strong community and timely introduction to the market, many experts believe $WSM will soon become the next memecoin to experience a dramatic price increase.
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