The countdown has begun for the exciting wait in the cryptocurrency market. The exchanges where Wall Street Memes (WSM) will be listed are being announced.
The cryptocurrency market seems to have entered a short-term period of optimism. However, investors began to turn their attention to potential coins again.
As a result, investors turned to pre-sale cryptocurrency projects. They are especially looking for pre-sales projects that are close to launch and that they think will bring profit.
The most prominent of these is Wall Street Memes (WSM), which reached epic milestones in the funds it collected during its pre-sale event.
Even if investors are just around the corner from the stock market listing, Buying Wall Street Memes tokens continues. So why did the WSM token, which had only a few hours left before its pre-sale, attracted so much attention?
Here’s everything you need to know about the most anticipated token of 2023 launching on leading exchanges this week.
Wall Street Memes Excitement is at its Peak in the Markets
One project that continues to attract attention is Wall Street Memes (WSM), which raised over $25 million in pre-sale funding.
Wall Street Memes is a community of private investors who have managed to attract a lot of attention for their actions in the stock market. These private investors were previously responsible for the GameStop short-selling frenzy and are now trying to monetize that energy in the form of a meme token. The most talked about name of recent days is the Wall Street Memes (WSM) token.
The WSM token presale was quickly successful and managed to raise over $25 million in just a few months. While most meme coins are still in the community building phase, WSM managed to have over 1 million followers before listing. Therefore, relying on a community of over 1 million members, it is no surprise that this token has become successful so quickly.
Wall Street Memes Presale Ends
Existing followers not only provide instant liquidity and high trading volume, but can also attract centralized exchanges. This is because centralized exchanges are constantly looking for promising projects that have an active and committed community behind them. Because these projects bring higher transaction volumes and interaction.
For this reason, experts state that the token, whose pre-sale will end this evening and will begin to be listed on leading stock exchanges at 13:00 Turkey time on Tuesday, September 26, will make a name for itself.
In addition to a large community, the WSM token is entrusted to a development team with the necessary experience in the cryptocurrency world. Indeed, the team was previously responsible for the successful Wall Street Bulls NFT collection, which sold out quickly and raised $2.5 million. The team also launched the Wall Street Ordinals collection on the Bitcoin blockchain earlier this year.
WSM is Called the “King of Memes”
For a cryptocurrency project to be successful, thousands of owners, enthusiasts and investors must support this project. This massive WSM army has attracted the attention of top crypto experts and analysts, contributing over 40 million impressions across all social media platforms.
Analysts in the industry describe the project as the “king of memes” for the next meme coin season, which can create huge hits and generate similar returns like Pepe Coin.
The project aims to mock greedy capitalists on Wall Street through a series of meme-based humor on social media.
Elon Musk Effect on WSM
The WSM community attracted so much attention that it even managed to get on the radar of billionaire Elon Musk, CEO of X (Twitter). Musk was seen commenting on memes several times. He even interacted with the project.
This led to a few crypto whales making millions of dollars during a pre-sale event. Wall Street buys Memes tokens led.
Investors are wondering about its long-term prospects due to the interest it has received from billionaires like Elon Musk. They think the large community will create massive trading volumes for exchanges.
Additionally, investors are taking positions to benefit from the healthy rewards offered by WSM.
Currently, more than 300 million WSM has been staked by presale buyers, giving them a 50 percent APY return.
In addition, the tokenomic structure behind the project makes it an ideal investment for investors as it is completely community-driven.
The team did not allocate any tokens for themselves in the pre-sale, which shows their long-term trust and commitment to the project.
Instead, the entire 2 billion WSM supply was allocated to the community, with 50 percent to be sold in the presale and the other 50 percent reserved for community rewards and CEX/DEX liquidity.
This type of tokenomic structure ensures that investors do not have to worry about the team making large sales at the time of the token launch.
Wall Street Memes Listing Will Be Announced Tomorrow
The first exchange to be listed will be announced on Wall Street Memes’ own website and X account. FOMO continues to build on this project as the pre-sale event ends tonight at 21:00 ET, leading to a flurry of late investments from whales and retail investors. Well Buy Wall Street Memes tokens Those who want it still have a chance.
Disclaimer:
Koin Bulletin is not responsible for any damage or loss related to any products or services mentioned above. Koin Bulletin encourages readers to conduct their own research regarding the company mentioned in this sponsored article and the products or services it offers.