The crypto industry is once again being swayed by tech adept Elon Musk, this time with the introduction of the ‘X’ meme token, in tandem with Musk’s unexpected Twitter-to-X.com rebranding. The remarkable coincidence vaulted the value of ‘X’ by an extraordinary +4,300% overnight and reignited crypto markets.
As Musk focused on rejigging Twitter’s online presence, makers of the ‘X’ token were unyielding. Released on the cryptomarket in an uncanny 4 am launch, it caused an extraordinary initial trading eruption. The X token began humbly, climbing by merely +500%. Then, as news of Musk’s new venture surfaced over the weekend, a deluge of trading activity rocketed the token into uncharted realms, pushing the peak price to $0.58, a mind-bending +4,300% increase from the original listing price of $0.0135.
Of course, this extravagant ascent was short-lived. Despite an impressive 8.92k transactions and amassing over a thousand holders in just a day, the token’s value tumbled by -78%. Still, this hasn’t dissuaded crypto enthusiasts who are constantly hunting for the next hot ticket on the market.
Couple that with the rapidly amassing Wall Street Memes token ($WSM) pre-sale, a $17.5 million endeavour that’s creating waves in the meme coin community. The $WSM token isn’t your run-of-the-mill meme coin. Rooted in a 2021 rebellion against Wall Street, its up-coming roadmap and the ultra-successful pre-sale hint at a prosperous future.
What sets $WSM apart is its robust history of swift asset launches and sell-outs, along with a zealous community of over a million. Its origins are centered around equity, with no private sales or team allocations; the $WSM supply is solely in the hands of the community, making it an emblem of a revolution devoid of pump-and-dump tactics.
With staunch community backing and a thriving online presence, $WSM is gearing up to take on the likes of Pepe, Shiba Inu, and Dogecoin. This exceptional opportunity cannot be overstated – this reigning king of stonks is fast morphing into the sovereign of meme coins.
Purchasing $WSM Here
*Note: Crypto is a high-risk asset. The above article is for informational uses only and should not be taken as investment advice. It doesn’t guarantee that the information is without errors, and losses could still be substantial.
Source: Cryptonews
