In a summer defined by On-Chain projects, a new digital currency known as X2coin (X2) is creating a storm in the DEX markets, recording a staggering +14,000% price surge overnight. This rapid elevation comes as straight-to-DEX, On-Chain projects continue to dominate narratives and achieve wild success on social media platforms such as Twitter and trading bots like Telegram.
X2Coin, a spin-off from previous Elon Musk inspired tokens, has rapidly evolved into a breakout cryptocurrency, seeking to replicate the success of other Musk-inspired digital assets. The coin had a particularly striking performance, with its market price percolating at $0.0003289 after a massive +6,911% increase within 24 hours.
Despite the sudden influx in trade volume, the hoard of anticipating traders were left disappointed as X2Coin’s upsurge failed to captivate the markets. Consequently, this led to a further few hours of tightly controlled consolidation. That was until 7:30 AM, when a well-managed spike drove a turbulent stream of volume, attracting more than $339k over the succeeding ten hours, resulting in an all-time high of $0.00078.
However, whilst some bag-holders remained hopeful, this rise was quickly quelled by an equally dramatic price drop, leading to insinuations of an unfolding rug pull. Even as these doubts linger, the clever money has already started navigating towards a big meme coin CEX launch for the year 2023, Wall Street Memes.
Wall Street Memes, with its solid community backing of more than one million, exploded into the scene as one of 2023’s most notable meme coin presales. The token, modeled as a meme coin homage to the rebellious anti-bank investors who challenged Wall Street, aims to metamorphose this potent sentiment into a tangible asset.
The appeal for investors is further amplified by its easily accessible price point of $0.0337 and an up-front +30% for presale investors in the initial listing. An additional incentive comes from the massive community rewards making up 30% of token supply, preparing it for an impressive launch in the next 21 days.
This mantra of communal participation has precipitated an exclusive growth on social media, with the Wall Street Memes community now proudly boasting over one million followers. Given the positive community engagement, the upcoming CEX launch could possibly catapult the $WSM token to implausible heights, making it a potential moon-shot.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. Always be aware of the risks and be willing to accept them before investing in any market.
Source: Cryptonews
