While the crypto money market continues its ups and downs in recent months, PEPE coin, which has suddenly shown an impressive rise and fueled the meme coin craze, is not having a good day.
It seems that the interest in the meme coin, which was launched in April 2023 and increased by more than 50 thousand percent between April 15 and May 5, creating great excitement for investors, seems to be decreasing day by day.
Based on the popular Pepe the Frog meme, PEPE is currently 77.07 percent below its all-time high on May 5, according to CoinGecko data.
Looking at the data for the last 30 days, it can be seen that the price of PEPE has decreased by 35.7 percent in the last 1 month and by 23.9 percent in the last 14 days.
PEPE, which has experienced a recovery of around 6 percent in the last 7 days, cannot create excitement among the crypto community as it was in its first period.
Backed by a strong community and endorsed by the leading names in the market, PEPE’s price has skyrocketed, leaving the stage to other promising projects.
Investors who missed the PEPE coin craze and were disappointed with its performance are turning to buy Wall Street Memes, which is among the pre-sale coins.
Could the Wall Street Memes project, which is predicted to be the new PEPE coin, really be an alternative to the PEPE coin? What are the dynamics that make the Wall Street Memes project special?
New PEPE Coin Wall Street Memes?
While the uncertainty about the PEPE coin continues, Wall Street Memes, which is shown as the new PEPE coin, is meeting with its investor who wants to buy Wall Street Memes at discounted prices.
It is seen that the funds collected in the pre-sale event of the project have exceeded the 8 million dollar band before 1 month, and investors are showing great interest in the WSM token.
There are several reasons for the predictions that the WSM token will be the new PEPE. First of all, the WSM token is backed by a highly experienced community, as is the PEPE coin.
Although it has no practical use, the community of the WSM token exceeds 1 million people.
Another important point is the names mentioned together with the WSM token.
The fact that the famous billionaire, crypto enthusiast and businessman Elon Musk, whose effect on the Dogecoin and Shiba Inu price is well known and no matter what he does, has responded to the posts made on the Wall Street Memes Twitter account more than once, is interpreted as a sign of trust among the crypto community.
The meme coin project, which is also inspired by Elon Musk, is waiting for its investors who are considering buying Wall Street Memes, which has a high potential to become the new PEPE coin.
What Do Wall Street Memes Promise?
Wall Street Memes, one of the new meme coin projects, has a movement that took place in 2021 and known as the Gamestop event. Community is at the heart of the Wall Street Memes project, positioned as a representation of the eventual triumph of small investors uniting against Wall Street.
The project, which aims for users to create viral memes and earn money by gaining popularity, allocates 30 percent of the tokens for the community.
This token allocation, which is not uncommon among pre-sale events, shows how strong the connection of the project with its community is.
Apart from the pre-sale, the project team also organizes an airdrop event to support the community.
In the airdrop event, where $50,000 worth of WSM tokens will be distributed, investors gain the right to participate in the competition after completing a series of tasks.
In the airdrop event, where more than 25 thousand entries have been made so far, it is stated that after the application period ends, a total of 50 thousand dollars worth of WSM tokens will be distributed to five lucky people.
The airdrop event, which embodies this idea of the Wall Street Memes project team, which often expresses how important the community is, is highly appreciated by WSM followers.
How to Buy Wall Street Memes Coins?
WSM token, the native token of the Wall Street Memes project, is offered to investors with a pre-sale event.
It seems that there is a great interest in the pre-sale event of the WSM token, which is a cryptocurrency on the Ethereum chain and complies with the ERC-20 protocol.
The fact that more than $ 8 million in funds has been collected in the pre-sale, which started on May 25, is considered as proof of this interest.
The Wall Street Memes token has a total supply of 2 billion tokens, and half of this supply is offered to investors at the pre-sale event.
In the project, where there is no private sale, investors have the chance to purchase the WSM token at discounted prices, the price of which is gradually increased during the pre-sale event.
The WSM token can be purchased on both the Ethereum blockchain and the Binance Smart Chain using ETH, BNB or USDT (ERC-20 or BEP-20).
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