In the ever-turbulent world of decentralized exchanges, one newcomer has blasted onto the scene with a startling bang. Tetris token, named after the universally acknowledged retro game, has shocked traders worldwide with an awe-inspiring climb of over +300,000% mere hours after its dawn. This explosive start has sent ripples throughout the crypto community, with everyone scrambling to cash in on the action.
Although the token took flight only at 15:00 on July 27, the Tetris token’s extraordinary surge has garnered some dire suspicions. Its rapid increase, followed by an equally rapid drop in value, has left 1.85k top buyers nursing a -92% loss in just 16 short, harrowing hours. This rapidly deflating bubble has led some to suspect the Tetris token of being a classic “pump-and-dump” trick, while others argue that such volatility is expected in the opening hours of any new coin.
Nevertheless, the crypto market, as always, is abuzz with fresh prospects. Wall Street Memes, the reincarnation of the popular investor forum Wall Street Bets, has a potent community of over +1m followers backing it, stirring anticipation for its launch. Flushed with their success of their top NFT (Non-fungible Token) project, Wall Street Memes seems set to become the next big thing in the meme coin marketplace.
At an enticing price point of just $0.0328, the Wall Street Memes token presale has already attracted significant traction, nearing the $20m mark. With +30% built-in for initial listing investors, Wall Street Memes could indeed be the ticket to significant windfalls. Not to mention the project’s democratic design which fuels a decentralized system catering to the community at large.
The Wall Street Memes community has already amassed +1m followers, indicating the potential for prominent centralized exchange listings like Gate.Io. This could skyrocket the Wall Street Memes token towards the proverbial moon-shot, making it one of the must-watch cryptocurrencies of today.
However, while the world of meme coins and NFTs is intriguing and potentially lucrative, remember that caution is necessary. Cryptocurrency is inherently a high-risk asset class and must be approached with proper understanding. Seek professional advice before delving in to ensure you’re not left holding the bag when the music stops.
Source: Cryptonews
