The Revive Token ($REVIVE) emerged with a bang last Wednesday on decentralized exchanges (DEXs) and observed an impressive 500% increase, trading around $0.0009. With this surge, the token reached a market cap of over $1.5 million at its peak. $REVIVE has attracted more than 1,200 individual holders within a short span of time, and the past 24 hours saw a trading volume of over $10 million. Additionally, the token has a DEX Tools score of 99/99 with $300,000 in DEX liquidity locked for a month, assuring the token’s legitimacy as it is highly unlikely to be a rug pull. However, new investors should be cautious as the token has already come a long way.
Investors seeking the next crypto sensation should be on the lookout for the $WSM meme token, currently in its presale by Wall Street Memes, popular for its role in meme stocks in 2021. Wall Street Memes community has over one million members spanning across various social media platforms, indicating a high level of engagement. This meme token has reportedly raised more than $7 million in just over two weeks and been ranked as one of 2023’s best presales. As a result, crypto whales have expressed their serious interest in $WSM.
The Wall Street Memes community has an extensive reach, with over 500k followers on Instagram, 214k on Twitter, and 100k followers across other Instagram channels. This social community backing, thanks to dedicated followers, all but assures that the $WSM token will be listed on tier-1 crypto exchanges like Binance.
With a major focus on empowering everyday investors, the Wall Street Memes community has ensured that no private sale or team allocation exists. Half of the token supply is available in the presale, 30% for community rewards, and the remaining 20% is divided between CEX and DEX liquidity. With a large allocation for community rewards, airdrops to holders may play a significant role in the token’s ecosystem.
The first $WSM airdrop is already open and requires ETH, BNB, or USDT to participate, with either ERC-20 or BEP-20 versions accepted. Analysts anticipate Wall Street Memes to yield 10x gains upon listing on exchanges, further adding to its allure. However, it remains important for potential investors to weigh and gauge both the rapid success and potential risks associated with meme tokens and their associated communities.
Source: Cryptonews
