In what some may consider a surprising turn of events, the Wall Street Memes token has succeeded in raising $1.4m in merely 24 hours. The crypto sphere is abuzz with speculators dashing to get their hands on $WSM at these comparatively low rates—likely the last of its kind. While no concrete numbers were presented after the substantial $25 million landmark was attained, whispers of Wall Street Memes being one of the most considerable presales of the year are quickly spreading.
The magnetism of $WSM token is partially attributed to its mission of capitalizing on the meme stocks movement and transitioning it into the crypto sphere. It presents an innovative approach with its broader objective of equipping the average Joes to reshape the Wall Street-controlled financial scene. This captures the growing sentiment towards decentralization in finance among many.
Fueling the frenzied anticipation around $WSM is the recent unveiling that the coin would be listed on multiple top-tier exchanges, commencing on the 26th of September. Speculations are rife concerning which centralized exchanges will offer a place for this soon-to-be big hitter in the world of meme-coin. Notable names like Binance, Coinbase, and Kraken are rumoured to be in the running – a surefire impact on the acceleration of its fundraising.
The potential of meme coins should not be underestimated. Coins like Dogecoin and Shiba Inu, despite their up and down journey through the many lows and highs of the crypto winter, have managed to secure their names in the top coins list. The success stories of Pepe’s launch among crypto investors haven’t gone unnoticed either – a validation of a sustaining appetite for novel meme coins in the market.
The Wall Street Memes token isn’t merely a new kid on the block making some noise. Its impressive online community of a million strong, part of the meme stocks trend during the past dramatic year, is a well-established name. Classed as the ‘King of Stonks,’ this platform has even managed to grab attention from the likes of Elon Musk on its social platforms. Such celebrity interaction can be instrumental in propelling $WSM to new heights, possibly leading to 100x gains or more.
Sketches of an enigmatic whale who purchased $WSM in five subsequent transactions worth 460 ETH, valued at $840,000, have prompted queries. The purchases, which can be corroborated on Etherscan, have led many to wonder if this crypto heavyweight was none other than Elon Musk himself. Yet as intriguing as this speculation is, one must focus on the bigger picture.
Wall Street Memes cannot be dismissed as just an amusing variant of the meme coin, hoping to cash in on online viral marketing. With Elon Musk engaging with its feed, it’s found a candy store of marketing opportunities. Coupled with its lively online community and its successful minting of its NFT Collection, the highly-anticipated launch of the Wall Street Memes is drawing attention from all corners of the crypto-verse.
Despite the excitement, speculators and potential investors must practice due diligence and conduct thorough research. Regardless, time is ticking away with only 24 hours before it’s too late to buy at the presale rate. So, for those willing to ride this wave, it might be time to visit Wall Street Memes and make an investment.
Source: Cryptonews
