Wall Street Memes (WSM) is a new meme token that was inspired by the GameStop disaster where the little guy took on Wall St. The 2021 bull run in the GME/AMC stock prices inspired several new crypto projects as well as a whole meme subculture that is currently in full swing. The traders are constantly hunting for the next Dogecoin that will explode when Elon Musk notices it or the next Pepe that will outperform the entire market by thousands of percent. Here is why the crypto analysts believe Wall Street Memes is the next Pepe and Dogecoin contender!
The potential of Wall Street Memes was confirmed after $1 million got raised
Wall Street Memes is one of the latest presale projects that emerged after Pepe Coin’s price started dropping. Many believe this new meme coin could be the game changer, especially because Elon Musk engaged with the official @wallstmemes Twitter account three times. Elon is a huge fan of memes and shows it openly, which is why the support he showed to WSM couldn’t go unnoticed by the people who are closely following the cryptos he approves.
Wall Street Memes can be found on Instagram and Twitter, but Telegram and Discord were also recently launched. Wall Street Memes had already benefited from the support of numerous users despite the fact that it was launched on May 26th. It managed to raise $1 million through its presale. This incredible amount got raised even before creating the platforms to organize its presale, which is already showing the incredible potential of this project to grow and develop in the following period. Since the price will increase soon, don’t waste any time if you wish to invest!
Wall Street Memes Set to Outperform Pepe Coin and Dogecoin
Dogecoin achieved incredible success two years ago when it managed to show what a meme coin can do, and it opened a whole new world for the investors that just kept growing all this time. On the other hand, Pepe Coin pumped extremely fast, surprising everyone who had very little time to react and profit from this sudden popularity. Now when both of these tokens are far from their former glory, some people are still fighting the losing battle, while others are now oriented towards Wall Street Memes crypto, an extremely entertaining fusion of many winning elements.
Wall Street Memes has quickly filled the vacuum left by Dogecoin, which is currently in the red zone far from its highest price. Some investors worry that Doge’s explosive potential has been reached. It is now extremely unlikely that the token will ever surpass $1, which was once thought to be a certainty. In order to reach the $1 price, the token would need to exceed the market capitalization of $139 billion. Even Elon Musk’s DOGE rallies were limited and only temporary. Dogecoin soared after Musk changed Twitter’s logo to the Doge icon, but it quickly corrected when Twitter returned to its original blue bird logo.
WSM’s impressive presale performance, and the social media buzz surrounding it, are similar to Pepe’s surge of 8000% after launch. The Pepe coin made traders rich by generating profits of millions of percent. WSM is expected to experience a similar price explosion after its launch on different exchanges, which will occur pretty fast if the presale continues evolving at the rapid pace it has done so far. The potential of WSM lies in its complexity and overall appeal because it embraces the memes that the crypto enthusiasts love so much, the evident wish to earn, but also the support and the strength of the community, making it the hottest crypto right now!
Wall Street Memes gets undeniable support from the community
WSM’s Wall St Bulls NFT Collection was sold out in just 32 minutes and raked in over $2.5 Million by 2021. In May 2023, it also introduced Bitcoin Ordinal NFTs. The WSM token will seek to capitalize on the existing brand and user base that the Web3 community has built and achieve even the greatest success.
The Wall Street Memes project is also community-driven, similar to Pepe. The project’s community-first tokenomics highlights its commitment to user adoption. Investors can purchase the entire WSM supply, as there is no allocation for teams or private sales. 50% of the total token supply (2 billion) is available during the presale, while 30% goes to the community through the rewards.
To maintain liquidity, 20% of tokens will be allocated to centralized and decentralized exchanges equally. Experts believe that WSM, just like Pepe, will be listed in several Tier 1 CEXs or DEXs following launch. WSM could even be an advantage to Pepe in certain aspects, which will certainly unfold in the following weeks.
5 Lucky Investors will get $50k Airdrop
The team behind Wall Street Memes announced that there would be a generous airdrop that five lucky investors would get to split. It is a unique way of welcoming new community members and celebrating the presale.
There will be seven ways to enter in total, all of them being extremely simple and easy to do, such as visiting the official website of Wall Street Memes, joining the Telegram channel, following the Twitter page of WSM, and a few others. These are pretty simple steps for such a generous reward, right? Well, most investors think so. Make sure you don’t miss this chance, and don’t waste any time!
Conclusion
The volatility of the crypto market is obvious, and it is the reality that all investors make peace with at the very beginning. This is why it is clear that the glorious time of Pepe Coin and Dogecoin is over. Now it is time to jamp on the bandwagon and get as many Wall Street Memes tokens as possible before the price explodes, which is expected to happen pretty soon!
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