As the Wall Street Movement continues to exert its influence in the crypto world, Wall Street Base (WSB) has emerged as the latest DEX token to stage a staggering launch. The Wall Street Bets community, whose anti-bank sentiment traces its origins to the Occupy Wall Street Movement, has recently captured the attention of the market as it locked horns with major hedge funds in the notorious Gamestop Short Squeeze.
The movement’s foray into the digital sphere didn’t stop there. The crypto markets have recently observed an impressive Wall Street Bulls NFT collection, which has moved more than 1,871 ETH(approximately $3.5m). Moreover, a token reportedly deployed on Coinbase’s BASE blockchain, dubbed ‘Wall Street Base’, took off with a staggering +1,000% upward trajectory on its DEX launch.
Almost instantly after its launch on DEX’s via Rocketswap Pool at 11:00 AM on August 14, WSB gained traction. The initial +150% surge in its opening hour captured the attention of keen traders. And within the next two hours, the market swelled with confidence as volume came pouring in, seeing price hike an additional +165%.
However, as the old saying goes, everything that goes up must come down. It seems likely that WSB will collapse as quickly as it rose, having already lost -40% down to local support at $0.0001180. The signs point to an end, with sell orders dominating and the number of WSB holders dropping down to just 140 wallets.
Yet the savviest investors have already identified the successor to WSB: the Wall Street Memes crypto presale has emerged as the next phase for those hunting big profits. As the meme coin resurgence continues, Wall Street Memes (WSM) has made waves on Crypto Twitter. Thanks to its steep growth, the $WSM token community has grown to one million strong with a pre-sale funding heading towards its $25m target.
In keeping with its anti-bank roots, Wall Street Memes will allocate 30% of the token supply to community rewards with an additional 20% going towards liquidity. Meanwhile, 50% is up for grabs in the presale. This structure fuelled the project’s explosive social media growth, with its community now exceeding +1m followers. Such expansion could lead to major CEX listings like Gate.Io, potentially steering the $WSM token towards another tremendous surge.
With its democratic price point at just $0.0334 and the speed of the presale growing faster by the day, the potential for investors to unlock lucactive gains with $WSM is clear. All of this, however, comes with the usual note of caution: Crypto is a high-risk asset class, and any investments should be made carefully and responsibly.
Source: Cryptonews
