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Crypto TV reviewed the new token Wall Street Memes, which is gaining huge momentum and has hit a major milestone in its viral WSM presale. Regardless of market sentiment, Wall Street Memes is not about to slow down, as its presale is raking in thousands of dollars every day.
Crypto TV – Investors Rush Into the Most Popular Meme Coin of 2023
One of the cryptocurrencies this year that has garnered the most attention is Wall Street Memes. It has been labeled the next Pepe by leading crypto publications after Pepe, which experienced a startling 7000% increase quickly after introduction.
However, based on the excitement around the presale, Wall Street Memes is probably going to significantly beat Pepe’s record. Once it is listed on exchanges later this year, it will be well-positioned for a 100X explosion. These assertions are supported by a close examination of the Wall Street Memes website and community.
What am I supposed to do today? pic.twitter.com/KXb8jqLYxG
— Wall Street Memes (@wallstmemes) June 19, 2023
Wall Street Memes’ enormous fan base of meme followers is the main attraction for investors. The Wall Street Memes community worldwide, which has existed since 2019, created the Wall Street Memes token. Wall Street Memes stands apart from other meme currencies because of the strong community support.
The Wall Street Memes network, which boasts over 1 million followers, provides a strong foundation for the meme coin to develop and survive. Wall Street Memes has the proper formula for success since meme currencies live on buzz and community power.
It’s also important to keep in mind that traders and investors make up the majority of the Wall Street Memes community. There is an international following for the memes that are expertly crafted to grab their attention. Guide on how to buy WSM token here.
Despite only having launched a few weeks ago, the project has already reached a significant milestone in the viral presale of its WSM meme coin by raising over $8.6 million. Wall Street memes, then raising funds at an incredible rate of about $350,000 every day.
See our guide to the best meme coins to buy here.
Strong Tokenomics Support the WSM
Wall Street Memes‘ strong tokenomics are its greatest asset. It is made to deal with one of the hardest problems for meme coins, which is that they don’t last long. Since most meme currencies are essentially investments with high potential profits, they are vulnerable to pump-and-dump scheme.
It holds true even for the most recent meme coin phenomenon, Pepe, which has fallen 80% from its peak as of this writing and seems to be reaching its end point. Wall Street Memes provides a strong tokenomics approach that bucks the trend by allocating 30% of the total token supply to community incentives.
To encourage investors to stick onto their tokens despite market swings, it regularly sponsors community giveaway and airdrops. In fact, they conducted their initial airdrop on the platform, which offers a substantial reward fund of $50,000. After completing the easy community-building tasks, it will be distributed to five lucky participants.
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