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Wall Street Memes (WSM) is predicted to surge in value after its listings on Huobi and OKX, two major cryptocurrency exchanges.
Experts predict that Wall Street Memes could experience a 10x increase in price, similar to the surge that Pepe experienced after its launch.
The listings on top exchanges like Huobi and OKX are expected to significantly increase the price of $WSM, due to the increased liquidity and trading volume that these listings will bring.
Wall Street Memes on multiple exchanges like Huobi and OKX: What’s next?
Wall Street Memes launched in May 2023 and quickly became one of the most popular memecoins. After a successful presale, $WSM is now available for trading on two of the largest cryptocurrency exchanges worldwide: Huobi and OKX.
This is a big step for the project and is likely to cause a big increase in how much $WSM is traded. Huobi is thought of as a top exchange, often ranked in the top nine, and OKX is seen as one of the best after Binance. They chose these platforms because many people use them for trading.
Huobi has about 3 million weekly visits, more than Kraken and Coinbase, other popular exchanges. OKX has 5 million visits each week, proving its strength in the world of cryptocurrency trading. The price at the start was carefully planned to balance steady growth and not lose a lot of value quickly.
The team didn’t want the price to drop too fast, which often happens with other memecoins, causing a lot of people to sell and the value to fall a lot. As mentioned on the official Wall Street Memes X account (formerly Twitter), the countdown has begun to announce which other exchanges it will be listed on, just a few days away.
The Countdown Begins! ⏲️
6 Days Until Multiple Exchange Listings Are Revealed 🚀$WSM pic.twitter.com/BsHzDSuVbo
— Wall Street Memes (@wallstmemes) September 26, 2023
The importance of choosing the right crypto exchanges for a coin’s success
Choosing best crypto exchanges with a lot of users is very important to make sure the project gets seen and starts doing well in the market. It’s important to remember that not all exchanges are the same, and picking the right ones for listing a coin is really important.
While big businesses and serious investors primarily use Coinbase and Kraken, a wider range of people with various trading styles use KuCoin. The plan for Wall Street Memes was careful and focused on growing steadily in the long run.
The starting prices for listing were set to keep the value steady at first, to grow consistently, and to attract a mix of different investors.
Did $WSM surge 10x upon listing?
The starting prices for Wall Street Memes on Huobi and OKX were similar to the presale price, with small changes. Right now, Wall Street Memes are trading at about 0.039, which is close to the presale price. This stable beginning is a good sign for the coin.
Although prices vary between different exchanges, it’s important to think about the coin’s potential in the long run rather than short-term changes. Looking ahead, people predict Wall Street Memes to be between 0.06 and 0.09 in the coming weeks.
However, it’s important to stress that these are just guesses and not financial advice. People should do their own research and be careful before making any investment choices. If you’re looking for other investment opportunities, check out our list of the top crypto ICO’s to consider.
Conclusion
Even though people are worried about the starting price, the future of Wall Street Memes looks good, especially since it’s listed on top exchanges and has many holders. Additionally, the staking feature, with approximately 490 million $WSM staked, adds to the positive outlook for the coin’s journey.
In summary, despite the initial market response not meeting some expectations, the well-planned approach to listings and the promising indicators suggest that Wall Street Memes has the potential for strong and consistent growth in the cryptocurrency market. Always remember to stay informed, be patient, and choose investments wisely.
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