No Bs Crypto Invests $1,000 in WSM Tokens Using Uniswap V3 - Learn from This Simple Guide

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No Bs Crypto invested $1,000 in WSM tokens, explaining his reasons for the investment, the potential gains, and the steps in acquiring the tokens.

Looking ahead to the 2025 bull run, as an individual investor, No Bs Crypto expressed his belief in the potential of altcoins. He specifically pointed out the Wall Street Memes, anticipating significant returns.

He compared this to previous bull runs, highlighting how meme coins like Pepe and Shiba Inu had demonstrated substantial increases.

https://youtu.be/2C3ZuxFSV1Q?feature=shared

No Bs Crypto invests in $WSM tokens

No Bs Crypto, the YouTuber, discussed his recent $1,000 purchase of a specific meme coin. Although not a common practice for him, there were specific reasons driving this investment decision. The cryptocurrency market, especially meme coins, carries a reputation for speculation.

Recognizing the associated risks, especially given the significant investment he made without being a millionaire, he pointed out that those who invested in $WSM, even during its ICO phase, saw positive returns, even during market downturns.

Highlighting Wall Street memes’ recent $1 million buyback and its potential to enhance the coin’s value, he drew attention to $WSM’s market cap, which was approximately $60 million at the time of writing, underscoring the potential for substantial returns with meme coins.

He discussed WSM’s high liquidity, a favorable aspect for potential investors. The video also included a sponsored segment, presenting viewers with the opportunity to enter a $50,000 airdrop competition if they decide to buy today, currently running on Gleam.

Additionally, he guided viewers on purchasing $WSM tokens worth $1,000, showcasing the process using Uniswap V3. The YouTuber concluded the video by confirming the successful purchase and displaying the acquired $WSM tokens in his wallet.

$WSM token investment made easy: No Bs Crypto’s Uniswap V3 guide

To purchase $WSM tokens using Uniswap V3, follow these steps:

Step 1: Set up a cryptocurrency wallet

You’ll need a cryptocurrency wallet that supports Ethereum and ERC-20 tokens. Popular options include MetaMask, Coinbase Wallet, and Trust Wallet.

Step 2: Fund your wallet with ETH

You’ll need ETH to pay for transaction fees on the Ethereum network. You can purchase ETH from cryptocurrency exchanges like Coinbase, Binance, or Kraken.

Step 3: Connect your wallet to Uniswap V3

Go to the Uniswap V3 website and connect your wallet. Make sure you’re on the official Uniswap V3 website to avoid scams.

Step 4: Select $WSM token

In the “Swap” section, choose $WSM as the token you want to buy.

Step 5: Choose the amount of $WSM

Enter the amount of $WSM you want to purchase or the amount of ETH you want to spend.

Step 6: Review and confirm the transaction

Check the details of the transaction, including the gas fees, and confirm the swap.

Step 7: Wait for the transaction to complete

Once you confirm the transaction, it will be submitted to the Ethereum network. Wait for the transaction to be mined and your $WSM tokens will be deposited into your wallet.

Wall Street Memes discord hacked: Community alerted to security breach

On October 12, Wall Street Memes revealed a coordinated assault on its Discord community lasting over 24 hours. The attack prompted $WSM to disclose their inability to guarantee the Discord server’s security to the community.

The $WSM team is putting in significant effort to ensure the Discord server’s complete safety for the community. They conveyed via a tweet that none of their team members would directly contact a community member or solicit any personal details, even if the request appeared to come from an admin or certified account.

In $WSM’s official statement, they strongly advised using the official Wall Street Memes Telegram channel for updates. Additionally, they expressed regret to the community members affected by the assault.

$WSM is in the process of identifying all wallets and accounts associated with the attack over the past 24 hours to compile a list of affected individuals. Once all relevant information regarding the attack is collected, they plan to establish a fund to assist impacted community members.

Despite this setback, $WSM remains dedicated to launching its inaugural product and securing additional Tier 1 exchange listings, set for release on October 18. More details will be provided as the launch date draws near.

Buyback and short squeeze initiative impact on $WSM

Recently, when the rest of the market showed declines, $WSM stood out, surging by 32% fueled by the buyback and short squeeze initiatives.

These actions pushed the price to a peak of $0.048. Wall Street Memes boasts an active community exceeding 1.1 million followers on platforms like X, Instagram, Telegram, and Discord.

The short squeeze was met with enthusiastic participation and positive response from the community. The project aims to replicate the meme stock frenzy in the crypto realm, much like WallStBets did for stocks such as GameStop and AMC.

Judging by the surge in trading volume sparked by its short squeeze, Wall Street Memes triumphed in its initial venture into the markets through a community-driven buying surge.

$WSM price pumps as ByBit introduces perpetual futures trading

On Thursday, ByBit exchange initiated perpetual futures trading for Wall Street Memes (WSM), resulting in a surge in price. The new and popular meme coin saw an impressive rise of up to 19% in the ByBit $WSM/USDT perps market, reaching $0.0394 as a wave of traders drove the prices higher following recent profit-taking.

🔔Due to the massive volume generated yesterday @Bybit_Official are immediately listing $WSM on their perpetual contracts markets!

Trade Nowhttps://t.co/AGn9GPw3D9 pic.twitter.com/sPm7YYvsrq

— Wall Street Memes (@wallstmemes) October 12, 2023

Despite the upward movement, the coin remains notably attractive in terms of valuation, with a market capitalization of $60 million, a stark contrast to Dogecoin’s $8 billion and Shiba Inu’s $4 billion, with Pepe at $253 million.

Current prices hint at the potential for substantial returns, possibly reaching 10x or even 100x. Notably, $WSM recently concluded its presale at a price of $0.0337, further fueling FOMO as expectations for additional top exchange listings escalate.

The Wall Street Memes token is already listed on prominent exchanges like OKX, HTX, and Gate.io, along with nine more. In derivatives markets, MEXC, OKX, and BitMEX are leading the way, and now ByBit has joined their ranks.

ByBit provides traders the opportunity to utilize leverage up to 25x to enhance their returns while dealing with $WSM.

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