EmotiCoin (EMOTI) has recently emerged as the breakout on-chain token of the week, showcasing dramatic upside price action driven by its high-octane tokenomics. The market excitement surrounding EmotiCoin can be attributed to its unique Reverse Split protocol, a deflationary mechanism that reduces the total supply every 4 hours over a 14-day period, in 20% increments. These unparalleled tokenomics induce intense scarcity in EmotiCoin supply, which, together with the market cap divided by the circulating supply, is likely to further propel the price upwards. Additionally, the launch of an NFT CEX is imminent, adding to the anticipation surrounding this fast-growing decentralized exchange (DEX) starlet.
Currently, EmotiCoin (EMOTI) is trading at a high level in the market, with a current price of $0.0002912, representing a significant 24-hour change of +293%. The price surge is a result of EmotiCoin’s continuous upward trend, fueled by the scarcity-inducing reverse split tokenomics. The rally began on September 9, more than a week after the official launch of EmotiCoin. Initially, a modest +1,950% rally was catalyzed by a combination of a small trading volume and the token supply decreasing by a fifth every 4 hours. The rally caught the attention of over 1,500 DEX traders, resulting in a massive influx of more than $300k in trading volume over a span of 48 hours.
The explosive growth in bag holders has led to an astonishing +65,800% return for early backers, and the buy pressure remains strong, accounting for 69% of transactions over the last 6 hours. As EmotiCoin stands as a prominent player in the On-Chain market, boasting a staggering $55 million market cap, there are no signs of slowing down. With further tokenomic reductions on the horizon and a progressing development roadmap, EmotiCoin is an asset to keep an eye on.
Wall Street Memes (WSM) has taken the meme coin world by storm, emerging as one of the most significant meme coin presales of 2023. With seed funding rounds surpassing $25 million from early backers, this rockstar project is poised to make substantial gains upon its upcoming CEX launch in just 14 days. Let’s take a deep dive into what makes Wall Street Memes so appealing.
The Wall Street Memes (WSM) token community currently boasts an impressive one million participants, surpassing all expectations for the presale, which raised over $25 million. This feat is almost unprecedented for new meme coin projects that have yet to debut in the DEX markets. Investors have taken notice, making Wall Street Memes a top choice for the biggest coin CEX launch of Q3 2023. Wall Street Memes aims to harness the sentiment of the powerful Wall Street Bets community, turning it into a tangible asset that not only tokenizes the anti-bank movement but also redefines our perception of digital value.
One of the key attractions for investors is the democratic price point of just $0.0337 for the Wall Street Memes (WSM) token. This affordable price has enticed thousands of early backers, resulting in a surge of $25 million raised during the presale. Additionally, presale investors will enjoy a built-in +30% bonus for their initial listing. As evidence of the excitement surrounding this meme coin, a crypto whale invested $1 million in the Wall Street Memes (WSM) presale in early August. The whale address purchased $WSM in five transactions, totaling 460 ETH valued at $840,000 in just six minutes. This mystery crypto whale had previously made another 93 ETH from the same wallet two weeks earlier, bringing their total investment in WSM to $1 million.
These substantial investments by the crypto whale demonstrate their confidence in Wall Street Memes and its potential for a significant return on investment. These token purchases can be viewed on Etherscan, further adding to the project’s credibility. In line with the project’s anti-bank philosophy, 30% of the Wall Street Memes token supply will be allocated to community rewards, with an additional 20% dedicated to liquidity. The remaining 50% will be available during the presale, emphasizing the democratic nature of this project.
Wall Street Memes has experienced explosive growth on social media, with their community amassing over 1 million followers. This phenomenal community growth is expected to translate into significant gains during the upcoming CEX launch in 23 days. With a promising staking mechanism boasting an unprecedented 282% APY, Wall Street Memes offers long-term holding incentives that make it a highly appealing investment option. The project’s proven track record, evident from the success of the Wall Street Bets NFT collection, further solidifies its position as a thriving player in the meme token space.
Both EmotiCoin (EMOTI) and Wall Street Memes (WSM) have established themselves as notable contenders in the crypto market. With unique tokenomics, growing roadmaps, and an ever-expanding community, these tokens are expected to continue their upward trajectory. As always, it is essential to conduct thorough research and exercise diligence before making any investment decisions.