{"id":433206,"date":"2023-08-25T20:09:39","date_gmt":"2023-08-25T20:09:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=433206"},"modified":"2023-08-25T20:47:24","modified_gmt":"2023-08-25T20:47:24","slug":"will-staking-lockup-help-wall-street-memes-wsm-token-price-pump","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/will-staking-lockup-help-wall-street-memes-wsm-token-price-pump","title":{"rendered":"Will Staking Lockup Help Wall Street Memes (WSM) Token Price Pump"},"content":{"rendered":"<p><a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">Wall Street Memes<\/a> (WSM) lists on major exchanges on September 27th and has rolled out staking, which could help reduce selling pressure.<\/p>\n<p>These are both positive developments for WSM, as the staking mechanism could help stabilize the price of WSM tokens and attract a broader range of investors, which would foster long-term growth and sustainability for the project.<\/p>\n<h2>Wall Street Memes token &ndash; A potential gem with strong fundamentals<\/h2>\n<p>Emerging as a significant player in the 2023 <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-meme-coins\">memecoin<\/a> presales, Wall Street Memes accomplished a noteworthy feat, amassing over $25 million in initial capital.<\/p>\n<p>Building upon this strong foundation, the <a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">Wall Street Memes<\/a> project has now embarked on its 30th and final presale phase, fueling a tangible sense of anticipation. In light of this, here is a selection of the&nbsp;<a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/top-ico-cryptos\">top crypto ICOs<\/a>&nbsp;that need to be considered for potential investments.<\/p>\n<p><iframe title=\"&#128640; Wall Street Memes Staking: The EXPLOSIVE Secret to Becoming Crypto Rich! &#129297;&#128200;\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/TE4ba7o2yT0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>The enthusiasm is justified, given the project&rsquo;s intentional preparation for its highly anticipated launch on several top-tier exchanges in just 32 days. Seen as a possible catalyst for high trading volumes and a notable increase in market activity, the upcoming exchange listing carries significant potential.<\/p>\n<h2>A memecoin on the rise with notable investment and backing<\/h2>\n<p>Adding to the intrigue is a recent significant investment by a crypto whale, who injected $1 million into Wall Street Memes (WSM) during the early August presale. Executing five transactions within six minutes, the whale secured $WSM tokens amounting to 460 ETH, translating to roughly $840,000.<\/p>\n<p>Impressively, the same whale had previously invested 93 ETH in WSM two weeks earlier, underscoring their solid confidence in the coin&rsquo;s potential to yield a profitable return on investment.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\"I'll make it all back in one trade bro\" <a href=\"https:\/\/t.co\/cpQXhHoJ7i\">pic.twitter.com\/cpQXhHoJ7i<\/a><\/p>\n<p>&mdash; Wall Street Memes (@wallstmemes) <a href=\"https:\/\/twitter.com\/wallstmemes\/status\/1694831992351625386?ref_src=twsrc%5Etfw\">August 24, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Furthermore, the project&rsquo;s credibility is further bolstered by the active engagement of influential figures like Elon Musk. This is complemented by extensive coverage from reputable crypto publications.<\/p>\n<p>Additionally, notable personalities within the cryptocurrency industry have openly voiced their support on prominent platforms, including <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-youtube-channels\">YouTube channels.<\/a> Collectively, these recommendations highlight the WSM token&rsquo;s significant potential.<\/p>\n<p>Throughout its presale journey, the <a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">Wall Street Memes<\/a> token has consistently maintained a relatively stable price trajectory, demonstrating a resilience that speaks to the project&rsquo;s steadfast commitment to equitable distribution.<\/p>\n<p>This commitment, in turn, effectively tackles concerns related to the possibility of price manipulation by any concentrated investor group.<\/p>\n<h2>Wall Street Memes staking mechanism, market outlook and viability<\/h2>\n<p>Due to its impending listing on major exchanges and the deliberate integration of a high-yield staking mechanism, Wall Street Memes have attracted considerable attention. This approach underscores the project&rsquo;s dedication to stability, emphasizing the promotion of token <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency\/crypto-staking\">staking<\/a>.<\/p>\n<p>This mechanism assists in mitigating potential market crashes by discouraging abrupt sell-offs. The rapid accumulation of staked tokens, forming a significant portion of the circulating supply, vividly illustrates the community&rsquo;s enthusiasm for this incentive-driven mechanism.<\/p>\n<p>In the latest staking update, the total staked WSM now exceeds 212 million, offering an estimated APY of 94%, while the project provides 75 rewards per block and the total supply of WSM tokens amounts to 1.6 billion.<\/p>\n<p>This high level of participation lays the foundation for improved stability and resilience, potentially alleviating the extreme market fluctuations often observed during project launches.<\/p>\n<p>With a steadfast development approach and the anticipated 2024 bull market, Wall Street Memes exhibits potential for long-term success beyond its initial phases. For further information on acquiring $WSM, please refer to our <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-wall-street-memes\">comprehensive guide available here<\/a>.<\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-friday-25-august-wall-street-memes-bone-shibaswap-monero\">Next Cryptocurrency to Explode Friday, 25 August &ndash; Wall Street Memes, Bone ShibaSwap, Monero<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/tier-one-crypto-exchange-listing-in-september-to-watch-wall-street-memes\">Tier One Crypto Exchange Listing In September To Watch &ndash; Wall Street Memes<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-monday-21-august-wall-street-memes-litecoin-stellar\">Next Cryptocurrency to Explode Monday 21 August &ndash; Wall Street Memes, Litecoin, Stellar<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/shiba-inu-surges-14-in-a-week-nears-25m-and-announces-upcoming-staking\">Shiba Inu Surges 14% in a Week as Wall Street Memes Nears $25M and Announces Upcoming Staking<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">New OKX Listing - Wall Street Memes<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/05\/wall-street-memes.svg\" alt=\"Wall Street Memes\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Established Community of Stocks &amp; 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These are both <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/wall-street-memes\" title=\"Wall Street Memes\">[&#8230;]<\/a><\/div>","protected":false},"author":1921,"featured_media":433396,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-433206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Staking Lockup Help Wall Street Memes (WSM) Token Price Pump - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Wall Street Memes (WSM) lists on major exchanges on September 27th and has rolled out staking, which could help reduce selling pressure. 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