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The Cryptonews YouTube channel highlighted the Wall Street Memes (WSM) Presale, which is about to enter stage 29 of 30. The project’s presale achieved remarkable success, raising over $21 million and showcasing the substantial endorsement of its community.
During the presale, $WSM tokens are currently being offered for sale at a price of $0.0328 each. Wall Street Memes made a striking entry into the crypto realm by fusing financial elements with internet memes, crafting a one-of-a-kind approach.
This novel concept deeply resonated with both investors and enthusiasts, propelling it to a noteworthy status within the memecoin domain. There is an excellent possibility given that the token is heading up on exchanges this month since the presale has almost reached its hard cap.
The well-known memecoin Wall Street Memes was able to attract a solid amount of interest. $WSM, which was motivated to build hype by WallStreetBets, makes use of the viral character of the internet and social media to its advantage.
It did this by creating a community that was compelling to its users and by employing strategic marketing tactics. The success of the initiative may be attributed to the fact that it capitalized on the attractiveness of meme culture and its large audience, projected prospective profits, and enhanced the charm of memecoins.
Musk’s tweets drive Wall Street Memes token surge
The group that is responsible for the project also has demonstrated ability in the Web3 space. They were able to sell out their popular Wall Street Bulls NFT collection in just 32 minutes and make a profit of $2.5 million as a result of their efforts.
Its social networking pages generate more than 40 million engagements on a monthly basis, which might help the token accomplish its goal of a market capitalization of $1 billion. In a way similar to the success of Dogecoin, the Wall Street Memes token could potentially gain support from Elon Musk.
Yoo, anyone else get this alert? pic.twitter.com/BKlThW6BPm
— Wall Street Memes (@wallstmemes) August 6, 2023
This is due to the fact that the richest person in the world has had numerous interactions regarding the token’s Twitter account. Moreover, Wall Street Memes was additionally successful in catching the interest of a well-known figure who has been consistently involved in the memecoin industry for an extended period of time.
The multi-millionaire founder and chairman of Tesla and SpaceX answered multiple tweets from the Wall Street Memes Twitter account, which has increased the marketing popularity of Wall Street Memes. Get insights into the most promising memecoins to buy from our guide here.
These interactions with Musk have worked as an unofficial support of the Wall Street Memes project, which has brought about more hype from the online community of Wall Street Memes followers, which is quickly expanding.
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