The crypto world is buzzing with the rapid sellout of the most thrilling meme coin presale in years: $WSM by Wall Street Memes. Having already raised over $1 million, the presale is quickly approaching its $1.5 million mark, attracting investors to secure $WSM tokens before prices rise. Currently valued at $0.0256, the token’s price will climb as the presale closes in on its $30.577 million hard cap, making early investors incredibly content with more than 30% paper gains.
Unlike other presales, the Wall Street Memes team has a reputation for successfully selling out digital asset launches in record time. A prime example is their Wall Street Bulls 10,000-piece NFT collection, which garnered $2.5 million and sold out within 32 minutes. The overwhelming success of this venture indicates that anyone seeking to participate in this meme coin uprising should act quickly; otherwise, they may get left behind when $WSM lists on major exchanges later this year.
Wall Street Memes originated from the 2021 movement where small-scale investors teamed up to challenge Wall Street, provoking a significant change in the market. While this event did not dethrone the institutional investors, it did help shut down the Melvin Capital hedge fund, preserving the legacy of the Wall Street Bets heroes. Now, Wall Street Memes seeks to tokenize this movement and broaden its impact within the cryptocurrency space.
Standing out among other meme communities, Wall Street Memes boasts over one million followers across various social media platforms. Its reach is so widespread that Elon Musk himself has twice interacted with the community on Twitter. Experts believe that endorsements from influential figures like Musk could provide a significant boost to the $WSM presale, increasing its attractiveness to prospective investors.
With such a large following, analysts predict that the $WSM token is likely to be listed on major crypto exchanges like Binance, potentially driving its market cap beyond $1 billion. As a result, the community-centric Wall Street Memes is allocating 100% of the token supply to its supporters, with no allocations for private sales or team members.
Community rewards make up 30% of the token supply, a feature expected to attract more users and generate hype around the $WSM token. To celebrate the presale, Wall Street Memes is holding a competition where five lucky winners will receive a $50,000 $WSM airdrop – all they have to do is follow the steps on the project’s website to participate.
Given the strong and engaged community surrounding Wall Street Memes and its new meme coin, analysts anticipate a significant demand for $WSM when it finally lists on exchanges. Investors eager to secure their share in this up-and-coming meme coin should consider participating in the presale soon to reap its potential rewards.
Source: Cryptonews
