{"id":402242,"date":"2023-05-30T14:31:13","date_gmt":"2023-05-30T14:31:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=402242"},"modified":"2023-09-27T09:38:13","modified_gmt":"2023-09-27T09:38:13","slug":"wall-street-memes-price-prediction","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/cryptocurrency-price\/wall-street-memes-price-prediction","title":{"rendered":"Wall Street Memes Price Prediction \u2013 $WSM Price Potential in 2024"},"content":{"rendered":"

Update<\/em> – WSM has concluded its presale and can now be purchased on OKX<\/a>.<\/p>\n

In the realm of cryptocurrencies, where prices have seen a notable upswing in 2024, there is one category that has particularly distinguished itself as the most lucrative since the beginning of the year – memecoins. Those well-versed in the crypto landscape are likely familiar with news stories highlighting the massive price surges experienced by various memecoins within very short timeframes. Among these light-hearted but potentially profitable digital assets, Wall Street Memes<\/a> has emerged as the latest and most widely discussed addition.<\/p>\n

In this price prediction, we will delve into the Wall Street Memes project, examining its potential for growth once the $WSM token is listed on exchanges, and exploring other factors that could cause the project to go parabolic in the upcoming months.<\/p>\n

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Wall Street Memes Price Prediction<\/strong><\/h2>\n

Crypto prices are often speculated based on their previous price movements. However, since Wall Street Memes is still in its presale phase, this factor cannot be taken into account. So, in order to predict the price of Wall Street Memes in the upcoming months and years, we need to look at other elements like current trends, the project concept’s significance, its community, and more.<\/p>\n

In those fundamental analysis terms, our Wall Street Memes price predictions are:<\/p>\n

2023<\/h3>\n

As $WSM is set to be launched in 2023, it may be like the project performs well, given the current craze around memecoins. Wall Street Memes is set to launch at a listing price of $0.0337. Since the project is a small market cap initiative at the moment, even a low trading volume may be able to move the price considerably. While this may be a cause for high volatility in both directions, it could also mean a parabolic increase in prices.<\/p>\n

A possible forecast is for $WSM token to be priced around the $0.10 range by the end of 2023.<\/p>\n

2024<\/h3>\n

Wall Street Memes is being launched at a time when top meme coins<\/a> are enjoying a massive chunk of investment from crypto whales. However, this trend may die out by 2024, as all altcoins tend to retrace after their initial hype. WSM token’s price action will mostly depend on the support it receives from the community, in the form of social media posts, word-of-mouth endorsements and the wider state of the crypto markets since the token doesn’t hold much utility at the moment.<\/p>\n

While growth may be slow, we still expect the token to be priced at around $0.15 – $0.20 by the end of 2024.<\/p>\n

2025<\/h3>\n

According to its website<\/a>, Wall Street Memes is described as a community-driven project. Should it receive the anticipated level of support from its community in future years, developers could potentially leverage this backing to introduce innovative utility features and forge partnerships with prominent brands. This scenario has the potential to catalyze a significant surge in the token’s value, akin to the remarkable pump witnessed by Shiba Inu in the last crypto bull run. As a result, the price of $WSM may further ascend, potentially reaching the $0.35 mark.<\/p>\n

Buy Wall Street Memes<\/b><\/span><\/a>\n<\/p>

<\/span><\/p><\/div><\/div><\/span><\/p>\n

$WSM Price Stages During Presale<\/strong><\/h2>\n

$WSM has a total supply of 2 billion tokens, with 50% (1 billion tokens) allocated for the presale phase. The ERC-20 token<\/a> has set a hardcap of $30.577 million, and there is speculation within the community that this target may be achieved before the anticipated end of the presale.<\/p>\n

\"Wall<\/p>\n

As of now, during the early presale phases, the token is priced at just over $0.025. However, this price is expected to rise once each specific target is reached. Each stage of the presale will see a price increase of $0.0003, with the listing price ultimately set at $0.0337.<\/p>\n

Although the project has not provided a complete breakdown of the price stages for the presale yet on wallstmemes.com, it could be anticipated that the $0.0003 price increase will be consistent until it reaches the listing price.<\/p>\n

What is Wall Street Memes?<\/strong><\/h2>\n

Wall Street Memes<\/a> is a meme crypto project that has been gaining attention recently, thanks to a massive brand name that it has built for itself in recent years. The project hasn’t launched a robust roadmap yet, and is currently without much utility other than to ‘tokenize the movement’, but is still attracting hundreds of investors on a regular basis.<\/p>\n

\"WSM\"<\/p>\n

In order to understand the significance of the project’s concept, however, it is vital to learn more about r\/WallStreetBets, the small forum that shocked the financial world.<\/p>\n

Originating as an online community on Reddit, Wall Street Bets became renowned for its unconventional trading approach and its collective influence in driving stock movements. The subreddit served as a hub for discussions, where members shared investment strategies, targeted heavily shorted stocks, and coordinated buying efforts.<\/p>\n

This grassroots movement resulted in remarkable price surges, with some stocks experiencing unprecedented gains. For instance, GameStop (GME) saw its share price skyrocket by over 1,500% at its peak, reaching an all-time high of $483 per share. Similarly, AMC Entertainment (AMC) witnessed a surge of approximately 2,850%, with its stock price surging to a peak of $72 per share.<\/p>\n

The unexpected and substantial price increases observed had a major effect on the overall financial environment, surpassing predictions and causing disruptions to traditional market dynamics. This shift also led to established financial institutions struggling to deal with the influence exerted by individual retail investors. These developments align with the fundamental concept underlying Wall Street Memes.<\/p>\n

Note however that $WSM has not made any claim to be the official coin of the Wall Street Bets Reddit, a claim that was made by other projects such as Wall Street Baby (WSB). The project’s developers have an existing background from Instagram, Twitter and the NFT space rather than Reddit.<\/p>\n

What Drives the Price Of Wall Street Memes Token<\/h2>\n

Wall Street Memes have emphasized specific features that could potentially fuel the project’s popularity in the coming weeks, acting as catalysts for its growth. Some of the most evident ones are:<\/p>\n

A Massive Social Media Following<\/strong><\/h3>\n

\"Wall<\/p>\n

The creators of the well-known Instagram page, wallstbets<\/a>, are behind the development of the Wall Street Memes project. With over 500k followers on Instagram and a substantial following on Twitter, the project already has exposure to more than 1 million social media users. This ability to attract a large number of investors during a volatile period is a promising sign that indicates the potential for further growth.<\/p>\n

An Active NFT Project and Community<\/strong><\/h3>\n

It is a common practice for memecoins to include NFTs as part of their roadmap, and often these NFTs become a significant aspect of the projects themselves. In the case of Wall Street Memes, they have already launched a successful NFT collection called Wall St Bulls<\/a>, which experienced a complete sell-out within a remarkably short span of just 32 minutes in 2021. The project recently dropped another NFT collection, which goes to show that it is still as active, despite the NFT industry not being in the bull run it was in 2021.<\/p>\n

\"NFT<\/p>\n

NFT projects are typically vital components of memecoin projects as they align with the brand personality and thematic concept on which they are based. In the case of Wall Street Memes, the NFT collection focuses on finance-related artwork, perfectly encapsulating the project’s theme.<\/p>\n

Strong reputation in the Crypto Industry<\/strong><\/h3>\n

While not reaching the same level of popularity as the real Wall Street Bets Reddit community, Wall Street Memes has established itself as one of the largest and most vibrant crypto communities within the crypto sphere. It stands out with its extensive Instagram following, numbering in the hundreds of thousands. Additionally, the project has already engaged in collaborations with various crypto projects and actively interacts with influential figures in the space, such as Elon Musk, on platforms like Twitter.<\/p>\n

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When can Twitter buy a money printer?<\/p>\n

— Wall Street Memes (@wallstmemes) March 18, 2023<\/a><\/p><\/blockquote>\n