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Now on stage 24 of 30 and priced at $0.0319, the Wall Street Memes presale will end in August as each stage lasts six days. Ever since its presale phase began in late May, Wall Street Memes has rapidly caught the attention of the meme coin market.
Recently, the Wall Street Memes made a significant stride in its presale, raising an impressive $15 million. Despite entering a highly competitive memecoin market flooded with new tokens every week, $WSM has emerged as a promising contender, poised to become the next big thing after $PEPE.
In the highly competitive memecoin arena, Wall Street Memes has managed to establish a distinctive presence through its unwavering community support. The project’s whitepaper outlines its ambition to revolutionize finance by leveraging the power of memes and reshaping traditional financial norms.
Breaking records and expectations: $WSM raises over $15 million in presale
The presale of the $WSM token by Wall Street Memes has achieved a significant milestone, reaching an impressive $15.9 million. This surge in investment indicates the immense excitement and fear of missing out (FOMO) surrounding the upcoming launch of this meme coin, which is expected to be highly popular.
The project’s rapid growth has made it the fastest-growing presale of 2023. While numerous cryptocurrencies have experienced a rally in the past week, Wall Street Memes, a trending memecoin, has had its most successful week to date, surpassing the $15 million mark during its presale.
Currently priced at $0.0319, the project is anticipated to gradually increase in value, with the next price hike scheduled in a few days. Investors searching for the next promising low-cap cryptocurrency should take note that Wall Street Memes stands out from the majority of presales due to its track record of quickly selling out digital asset launches.
Contrary to a typical founder, the driving force behind this new project is an established brand with over a million social media followers. The team behind Wall Street Memes previously created the Wall Street Bulls NFT collection in 2021, which sold out in just 32 minutes and raised an impressive $2.5 million.
The development of this new memecoin was a response to the growing demand for community-focused memecoins. Additionally, Wall Street Memes has expanded its offerings to include Bitcoin Ordinals NFTs, demonstrating the team’s ability to adapt to the ever-evolving crypto landscape.
The inspiration behind the Wall Street Memes team stems from the Gamestop saga. See our guide to the best memecoins to buy here.
Community power and possible exchange listings: Igniting the demand surge for $WSM
Wall Street Memes has managed to build an impressive community of over 1.1 million members across various social media platforms like Instagram, Twitter, and others, which is not surprising considering the project’s popularity.
Their Twitter account has amassed 253,000 followers, while their official Instagram page boasts an audience of 534,000. Investor interest in Wall Street Memes continues to grow, with even influential figures like Elon Musk showing support for the project on Twitter.
This has led to comparisons between Wall Street Memes and the renowned memecoin, Dogecoin. Well-known crypto presale analyst Jacob Crypto Bury has expressed his belief that $WSM has the potential to deliver substantial returns, even up to 10 times the initial investment.
Additionally, popular crypto influencers like Michael Wrubel, CryptoWendyO, and Cilinix Crypto have also endorsed the coin. Given the high anticipation surrounding $WSM, several analysts are already making optimistic predictions about its performance once it gets listed on exchanges.
If $WSM manages to achieve 10 times its listing price of $0.0337, it could reach a fully diluted market capitalization of $674 million. This has sparked speculation that major crypto exchanges, including Binance, may consider listing $WSM.
Although the listing on exchanges remains speculative at this point, the Wall Street Memes team has confirmed that $WSM will be listed on both centralized exchanges (CEXs) and decentralized exchanges (DEXs) after the presale concludes.
However, the specific names of these exchanges have not been disclosed yet. The project’s tokenomics are centered around the community and are designed to reward token holders. During the presale, 50% of the tokens will be sold, with an allocation of 30% for community rewards and the remaining 20% reserved for exchange liquidity.
This distribution strategy not only underscores the creators’ commitment to community engagement but also reflects their confidence in the potential success of $WSM following its listing on exchanges. See our guide to the best crypto ICOs to invest in here.
The captivating offer of $WSM to investors
Investors are highly intrigued by the potential of $WSM and are actively searching for low-cap gems that can yield significant returns, potentially reaching up to 100 times the initial investment. See our guide on how to buy $WSM token here.
We could power the national grid pic.twitter.com/m7AyYOvZbE
— Wall Street Memes (@wallstmemes) July 18, 2023
To further enhance their marketing strategy, the Wall Street Memes team has initiated an airdrop campaign exclusively for presale supporters. The campaign involves a generous prize pool of $50,000 worth of $WSM, which will be distributed among five fortunate winners.
To participate in the draw, individuals need to join the official Wall Street Memes Discord server and complete a few simple tasks related to the project’s social media channels. In addition to the airdrop campaign, the Wall Street Memes team has outlined an impressive roadmap in their whitepaper.
This roadmap outlines their plans for strategic partnerships with influential figures, extensive global awareness campaigns, and the creation of an exclusive “gated community” specifically for $WSM holders. See our guide to the best altcoins to buy now here.
Furthermore, the developers have set their sights on achieving a market capitalization of $1 billion with $WSM in the future. While this goal may appear ambitious, the early success of Wall Street Memes’ presale and the expertise of the team indicates that it has the potential to establish itself among the top-tier memecoins.
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