The rise of Wall Street Memes, a prominent retail investing community, has captured the attention of a million supporters across various social media platforms in 2021. This burgeoning community has rapidly emerged as a force to be reckoned with in the online investing world. Powered by their massive following, experts predict that their token, $WSM, may become the next viral meme coin, posing a challenge to established cryptocurrencies like Pepe, Shiba Inu, and Dogecoin.
A Testimony to Confidence in the Crypto Investing Community
The astounding rate at which the $WSM presale is generating funds speaks volumes about the confidence of the crypto-investing community. Currently priced at $0.0316, market projections indicate that the token’s value is expected to surge to $0.0319 once the presale reaches $15.44 million. Unlike many other presales, Wall Street Memes has established a track record of rapidly selling out digital asset launches. Notably, the $WSM presale has already surpassed the impressive mint of the Wall Street Bulls NFT collection, amassing $2.5 million and selling out within a meager 32 minutes.
Wall Street Memes originated from the 2021 movement, in which retail investors united to challenge major financial institutions by driving up the prices of heavily shorted stocks such as GameStop and AMC. While their mission did not overthrow institutional investors, the movement did have a profound impact, leading to the closure of Melvin Capital hedge fund. Wall Street Memes aims to tokenize this movement and construct a brand that aligns with the new age of finance, as articulated on their official website.
Influential Endorsements and Rising Popularity
Wall Street Memes has caught the attention of influential figures, including Elon Musk, the world’s richest man and owner of Twitter. Musk has responded twice to Wall Street Memes’ tweets, indicating his interest in the community. With such widespread support across the internet, the $WSM token is poised to attract even more attention than most meme coin releases. The $15 million raised in the presale stands as a testament to its burgeoning popularity.
In line with their goal of empowering individual investors, Wall Street Memes has allocated 100% of the $WSM token supply to their community. This approach ensures fairness and transparency by eliminating behind-the-scenes private sales or team allocations. Half of the token supply is available in the presale, with the proceeds allocated to marketing efforts. Thirty percent is dedicated to community rewards, while the remaining 20% is divided between CEX and DEX liquidity.
With a substantial portion of the token supply dedicated to community rewards, airdrops to holders are expected to play a vital role in the ecosystem. Wall Street Memes is currently running a competition where five lucky participants stand a chance to win a $50,000 $WSM airdrop. This emphasis on community engagement, coupled with an already active and enthusiastic community, has the potential to generate significant hype for the meme coin and attract larger investors and traders.
High Expectations and Enthusiastic Endorsements
Industry analysts and influencers hold high expectations for $WSM. Jacob Crypto Bury, a popular British crypto presale analyst, forecasts that the token could easily achieve 10x gains. Other influential figures in the crypto sphere, such as Michael Wrubel, CryptoWendyO, and Cilinix Crypto, also endorse $WSM. Should the token reach such gains, with an exchange listing price of $0.0337, it could result in a fully diluted market cap of $674 million. Some analysts even speculate that $WSM could rival major meme coins such as Dogecoin and Shiba Inu, which boast market caps of around $8.5 billion and $4 billion, respectively. These projections cannot be dismissed, and a 100x gain, propelling the market cap beyond $6 billion, is not out of the realm of possibility.
To secure $WSM at the most advantageous discount, interested investors should consider participating in the token’s presale as soon as possible. $WSM can be purchased on the Ethereum blockchain and BNB Smart Chain using ETH, BNB, or USDT. By connecting your crypto wallet to the wallstmemes.com website, you can be part of the Wall Street Memes movement and potentially capitalize on its growth in the meme coin market. Don’t miss out on this golden opportunity to join the ranks of Wall Street Memes supporters and potentially reap the rewards of this groundbreaking token presale.
Wall Street Memes has rapidly carved out a dominant position in the retail investing community, boasting a formidable following and exhibiting skyrocketing popularity. Its $WSM token presale has already shattered records, underscoring the confidence and excitement surrounding this meme coin. With influential endorsements, a commitment to community empowerment, and promising market projections, Wall Street Memes has firmly established itself as a game-changer in the world of crypto.