Overall, the cryptocurrency market has seen a good recovery in 2023. At the start of the year things were bleaker than ever, but overall this year has been quite positive given the volatility of ups and downs. market applications.
A major achievement of the first two quarters and a small testament to the rise of the best memes.
The combination of new projects that are diversifying and changing the definition of what we call meme coin and the success of Pepe Coin has allowed the industry to grow phenomenally.
It's probably no coincidence that given this growth, the team behind Wall Street Memes ($WSM) decided to launch their first crypto project.
The number of major cryptocurrency investments is probably a point
As we can see in the screenshot above, many wallets bought 460 ETH in $WSM, which equaled a meme coin worth $840,000 . Given the size of each individual purchase and the fact that they all arrived within six minutes, it's most likely a shopper.
This is just another factor that shows the potential of Wall Street memes. Pre-sales started in just two months, and thanks to the whale's investment, it surpassed the $20 million mark.
This investment is likely to trigger an influx of other investors who have been following the pre-sale. If $20 million has already been raised, we still have to pay a third of the amount, and the cap is $30 million.
Why wait until now when $WSM is successful with NFTs?
The Wall Street Memes team has experience in the cryptocurrency world. In 2021 they released the NFT collection which sold out in 32 minutes. It was an incredible success. So why wait until now to try your own cryptocurrency?
The people behind Wall Street memes obviously know about them. The meme coin market back then was very different than it is today. Dogecoin and Shiba Inu were the only two memecoins to have sustained success, but now the memecoin market has opened up and new crypto projects are enjoying great success almost immediately.
At the beginning of 2023 there was a marked shift in the design of new memes as many of them started to be useful. It seemed like the meme pieces that existed just to power were dying and these new designs would replace better versions.
Shiba Inu has announced plans to increase the utility of their ecosystem through layered networks and other initiatives. The tide seems to have turned.
Then came Pepe Coyne. A piece of junk no one has heard of. As all of your readers probably know, Pepe amassed historic money and made millionaires out of early investors. We still don't know why the inventors chose to do this, but the most plausible explanation is FOMO, meaning being in the right place at the right time.
However, for whatever reason, this led to a flood of investors into the meme coin market, and suddenly we had plenty of room for a new traditional coin type for the currency itself. It's probably no coincidence that Wall Street memes are about announced the launch of its own coin a month later.
The measurable and the unmeasurable that will make up this crypto pump
With over a million social media followers, Wall Street Memes ($WSM) is already bringing a large community to the cryptocurrency market.
The reason Dogecoin remained the number one meme coin for so long is because it was the number one meme coin and has a large online presence which helps keep its market cap high.
It is almost impossible for new coins to challenge Dogecoin at all, as there are so many projects that it is difficult to attract the entire audience.
Their online presence emerged after a group of Redditors decided to band together and take over Wall Street in 2021, resulting in the bankruptcy of a major hedge fund. They have always wanted to represent people and this is reflected in their symbolism .
100% of tokens go to their investors, none go to custom clients or other questionable purposes. 50% of the total allocation will be sold in presale, 10% in CEX cash and 10% in DEX cash.
A whopping 30% goes towards community rewards, which will likely include flights and similar activities. This again demonstrates the commitment of the project to its investors and ordinary people.
The following and signs are measurable ways to predict $WSM's success, but let's look at some of the untold things that give the project unlimited potential.
The ready-to-use online package gives Wall Street Memes the edge and excites investors. With over 255,000 followers, the Twitter account is already one of the most popular crypto platforms on the web. This gives them tremendous influence as a basis for promoting their work.
This account is also followed by influential members of the crypto community like YouTubers and marketplaces like Cameron Fous and Magic Eden. When this type of account is involved in Wall Street Memes content, their reach further increases, as does their earning potential.
Wall Street Memes even has a kind of white point. Elon Musk, the owner and most followed account on Twitter, probably has more influence in the crypto community than any other person. He is known as a supporter of Dogecoin and has positively influenced its price on several occasions.
He is also a fan of Wall Street memes and has had several positive interactions with their content . If he changes teams and endorses the Wall Street meme, expect the coin to flip more than any other meme coin in history.
>>> Visit the Wall Street Memes Presale!
Close
The market is a bit bearish at the moment, so it's always good to keep an eye out for pre-sales at this time. The presale of Wall Street Memes just surpassed the $20 million mark, but there's still time to attract potential investors.
So far, everything about this coin indicates that it could be a unique coin capable of reaching the top. So don't miss them. Learn how to buy Wall Street memes here.