Even though many in the crypto industry thought BTC was in for another bear period after the SEC hit Binance and Coinbase with a lawsuit, the world’s most popular crypto surprises us once more.
The price of Bitcoin has once again surpassed the threshold of $30,000 after rising by 9.6% in just a week. At one point, it reached a high of $31,200.
However, while some expect Bitcoin to cross the $50k milestone this year once again, that’s still less than 2x on your investment if you buy BTC right now.
If you’re looking for bigger gains, but still want to stay on the safe side, experts believe we should shift our focus toward Wall Street Memes (WSM).
Trouble in the Global Banking Sector and Institutional Interest Lead BTC Over $30,000 – But This Token Is a Much Better Alternative for Bigger Gains
Bitcoin’s price surge gained momentum when BlackRock, the biggest asset manager in the world, submitted an application for a Bitcoin exchange-traded fund (ETF) on June 15th.
And even though such requests were made by huge companies in the last two years, none of them has BlackRock’s influence in the industry.
This shift in sentiment is largely responsible for BTC surpassing the $30,000 threshold once again.
It’s worth mentioning that the company plans to utilize Coinbase’s services for safely storing the Bitcoin in the proposed trust, as mentioned in the submission to the SEC.
Additionally, after the Federal Reserve decided to halt interest rate hikes last week, many believe that the value of the dollar could continue to drop.
Historically looking, this favors the chances of BTC rising in value.
On the other hand, it’s unlikely that investors will make significant profits or even double their investment by the end of the year.
Instead, Wall Street Memes is recommended as a much better alternative that could easily bring 50x returns in the following weeks already.
So, let’s take a closer look at what this token has to offer.
Wall Street Memes (WSM) With One of the Hottest Presales in the Community – $10.7 Million Raised in Less Than a Month
Wall Street Memes token is a new meme cryptocurrency that has gained attention by combining humor, internet culture, and iconic movie taglines.
In just one month since its launch, this project has achieved an incredible milestone by surpassing $10 million in its presale.
The project’s success can be partially credited to its strong community base. With over 1 million community members, including influential supporters like Elon Musk, Wall Street Memes has established a solid position.
What makes it even more appealing is that the project brings together a comprehensive collection of internet memes that users can play around with, featuring iconic movie characters like Wall Street’s Gordon Gekko.
With WSM, the community is tokenizing his famous line “Greed is good”.
If you want to be one of the early supporters that end up capitalizing the most on Wall Street Mems, now is the best time to join the presale before it comes to an end.
Elon Musk Engages with Wall Street Memes Tweets – Can We See a Rise Like with Dogecoin?
In addition to building a vibrant community, Wall Street Memes has also attracted the interest of high-profile individuals like Elon Musk.
With Musk’s past influence on meme coins like Dogecoin through his tweets, his involvement with Wall Street Memes has the potential to attract a lot more followers and bring further success to the project.
Another big benefit can be found in the distribution of WSM tokens, as it demonstrates the project’s focus on the community.
Out of the total supply of 2 billion tokens, 50% is reserved for the presale, 30% for community rewards, and 20% for maintaining liquidity on exchanges.
The team behind Wall Street Memes has also released exciting news of an airdrop exclusively for presale investors.
By participating in the project’s social media channels and completing simple tasks, five lucky winners will have the opportunity to receive $50,000 worth of WSM tokens.
Conclusion
Bitcoin has always been regarded as one of the safest investments in the industry and the fact that it’s still holding strong at the $30k mark despite recent downcomings just proves that.
That said, while it’s certainly worth keeping some amount of BTC in your portfolio, it’s unlikely that it will see much larger heights any time soon.
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