Recently, meme coins have become popular again in the crypto money world. There could be many reasons for this, but the most obvious is the rapid spread of such coins on social media and reaching huge audiences. In particular, names such as Milady Meme Coin and Pepe Coin are among the ones that have been on the radar of investors recently.
Meme coins are cryptocurrencies that are usually created based on an internet phenomenon, character or element of humor. These coins usually start at low prices and increase in value as they gain popularity. Milady Meme Coin and Pepe Coin were also talked about in the past, but they are included. However, there is a new name that stands out among meme coins: Wall Street Memes (WSM).
Wall Street Memes is named after a social media phenomenon that produces popular humorous content about financial markets. Now this platform is stepping into the cryptocurrency world with a eponymous cryptocurrency, WSM coin. Let’s take a closer look at this new phenomenon for those who want to buy Wall Street Memes tokens…
Wall Street Memes Get Attention
Wall Street Memes is a new cryptocurrency project that was launched on May 25 and is seeing massive online community support. The name of the project is based on internet humor memes about Wall Street, financial markets and various events taking place in the financial world. These memes often represent competition between small-scale institutional investors and individual investors.
Wall Street Memes offers an ecosystem of 2 billion tokens in total. 1 billion tokens, representing 50 percent of the total supply, are available for pre-sale for the community. This will take place in 30 stages, which will increase the prices markedly at each stage. The price will increase at each stage of the pre-sale, which has now collected more than $ 8 million in funds. For this reason, those who want to buy Wall Street Memes tokens need to be quick.
The Wall Street Memes team believes the platform’s impressive community of investors and traders will quickly buy the tokens and become the kind of enthusiastic supporters other projects can only hope for. Wall Street Memes stem from the meme stock craze in 2021. Wall Street Memes were at the center of a movement associated with the Reddit sub-forum WallStreetBets. At one point, this move meant that individual investors threatened and overturned the dominance of institutional investors.
Wall Street Memes Have A Big Goal
The native token of Wall Street Memes is WSM. The goal of the project is to set a hard cap of $30,577,000 for the ERC-20 token WSM. WSM is said to be able to rival coins that have become internet phenomena such as Dogecoin, Shiba Inu, and Pepe coin.
The project has a number of plans on the roadmap of the project, such as collaborations with meme coin phenomena, global awareness campaigns, CEX listings, even a dedicated “closed community” that aim to create value and increase demand for WSM. This makes Wall Street Memes a potential competitor as well as a token to watch in the coming weeks.
By the way, Wall Street Memes is not a newcomer to the crypto world. They’ve already made huge waves in the NFT industry with their hit Wall St Bulls NFT collection, which was mind-blowing after its release, sold out within half an hour, and was in high demand.
Elon Musk’s Interactions Confirm the Influence of Wall Street Memes
Wall Street Memes has an extraordinary audience of almost a million passionate supporters. Also, that’s not all. While his Twitter page reached more than 231,000 followers, various Instagram pages brought together 110 thousand followers.
But what sets this community apart is the incredible engagement it gets. Billionaire Tesla CEO and Twitter owner Elon Musk, known for his interest in meme coins, interacted with the Wall Street Memes community not once, but twice. This enabled the project to be talked about a lot and to come to the fore.
With such an army of loyal followers, Wall Street Memes have a very good chance of being listed on many top crypto exchanges. That’s why the number of people who want to buy Wall Street Memes tokens is increasing day by day.
Not only does Wall Street Memes have a thriving community and a wildly successful Wall St Bulls NFT collection, but their tokenomics takes it to a whole new level of glamor.
On the other hand, it is worth remembering that 50 percent of the WSM supply is reserved for pre-sale and 30 percent is reserved for community rewards. The remaining 20 percent guarantees the availability of liquid assets on both centralized and decentralized exchanges.
The team behind Wall Street Memes ($WSM) is also offering a $50,000 Airdrop as a token of its love for its vibrant community. This generous gift aims to reward the most enthusiastic and vocal supporters of the project and further strengthen the close bonds within the community.
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. Therefore, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.