Amidst the recent meme coin surge that has seen the likes of Pepe gain over 7,000%, the new meme crypto Wall Street Memes (WSM) has come into the limelight.
Last month, when most cryptos tanked amid market uncertainty, Wall Street Memes raised $10 million during its presale.
It highlights the potential of the project and the strong support it enjoys from its community, which has a million followers on various social media platforms.
The token was developed from the same creators of the Wall St Bulls NFT collection, which quickly sold out within 32 minutes after its launch on Ethereum.
The team’s understanding of crypto trends has only grown since then, leading to the successful launch of Bitcoin Ordinals NFTs and, now, the Wall Street Memes (WSM) meme coin. This fits well with the current market trend towards meme coins.
The Whitepaper on Wall Street Memes highlights that the token aims to combine memes with the blockchain to disrupt the modern financial landscape through the power of community.
The project believes that memes can connect people, inspire new ideas, and question conventional norms. Using the power of decentralization, Wall Street Memes aims to create a movement designed to return control to its rightful owners – the people.
Wall Street Memes: Community-Backed Meme Token Raises $10 Million
In the initial day after the start of the project, the WSM token raised more than $300k, and just four weeks since the launch it has now attracted more than $10 million, showing great interest from investors.
Due to its current expansion rate and strong financial support, the WSM token can be an attractive option for major crypto exchanges, including leading platforms.
The WSM token is currently in the presale stage, priced at $0.0301 during stage 18 of 30. While inherently risky, presales can provide great returns, especially if a strong community supports the project.
Wall Street Memes has a strong community base of one million followers spread across various social media platforms, which once again proves the strong support and potential of the token.
Why should buyers consider WSM?
Besides a thriving community, the platform has also attracted the attention of influential figures such as Elon Musk, who has engaged with Wall Street Memes tweets many times.
Knowing how Musk’s tweets in the past caused the price of meme coins like Dogecoin to skyrocket and his association with the platform could be good for WSM, helping the coin gain more more followers.
WSM’s token distribution highlights the project’s community-centric approach. Of the capped supply of 2 billion tokens, 50% is allocated for presale, 30% for community rewards, and 20% for exchange liquidity.
Notably, no allocation was made for the team, which shows the transparency of the project and commitment to ensure that a ‘rug pull’ scenario is not on the table.
In addition, Wall Street Memes announced a large airdrop for presale investors. By joining the project’s social media channels and completing simple tasks, five lucky winners will have a chance to win $50,000 worth of WSM tokens.
The Strategic Growth and Potential of Wall Street Memes
The Wall Street Memes project sets an ambitious target, aiming to disrupt the traditional financial landscape and democratize investing through the power of memes.
A clear roadmap has been set to achieve this, with the journey divided into three parts: Foundation, Launch, and Community Empowerment.
The roadmap for the growth of the WSM token consists of three phases – the first phase builds a strong community and a secure smart contract, along with the start of a token campaign.
The second phase includes the launch of the WSM token, strategic partnerships, and listings on multiple exchanges. The final phase focuses on empowering the community and finding listings on top-tier exchanges.
Also, many analysts point out that a dedicated, vibrant community, a strong brand, and a timely entry into the meme coin market make WSM a potential next big meme. crypto.
Visit Wall Street Memes
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