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Wall Street Memes ($WSM) is now closing in on the $17 million mark in its pre-sale as investment continues to pour into the high-potential meme coin.
The presale started less than eight weeks ago, but excitement and FOMO continue to build around the project which boasts one of the largest and most popular crypto communities in the world.
Wall Street Memes ($WSM) tokens are currently on sale for $0.0322, with the price increasing to $0.0325 when the presale hits $18 million and in increments thereafter.
Wall Street Memes is backed by a combined social network of 1 million people and has spread across the crypto space, with several notable analysts and tipsters naming it as the next token to explode.
$WSM set to Moon?
Its pre-sale success and huge following on social media are two major signs that Wall Street Memes could rise after its launch on exchanges.
Top crypto analysts — including Satoshi Stacker, who has nearly 300,000 YouTube subscribers — have been showcasing the coin in recent days, and it continues to see investment pour into its ecosystem.
Buyers are not only excited about its coin potential, but also about its experienced, field-proven team, huge following, and robust tokenomics.
Wall Street Memes was first created as an offshoot of the popular Wall Street Bets subreddit that helped GameStop’s stock price soar in early 2021 – and even Elon Musk is a fan.
Elon Musk and Wall Street memes
Elon Musk, the world’s richest man, CEO of Tesla and Twitter and known crypto fan, has interacted with the Wall Street Memes Twitter page on several occasions.
The account once posted a video of Musk referencing the reverse of Jim Cramer, and another when he responded to a Tweet about former FTX CEO Sam Bankman-Fried that had been retweeted by the account.
With Musk only following about 300 accounts, that suggests he’s following someone who follows the account, which means he’s probably seeing content regularly.
The social media influence of the Wall Street Memes account has helped boost pre-sale investment and should see it reach another level and pump even more when it finally hits exchanges.
Robust Tokenomics
Wall Street Memes has extremely robust tokenomics that puts the project in the hands of the community.
There is a total supply of only 2 billion – small for a coin even – which will ensure a relatively high price per token.
Of this allocation, 50% was allocated to presale, with no vesting period, with an additional 20% on decentralized and centralized exchanges.
The remaining 30% is for future community rewards, which includes an upcoming $50,000 WSM airdrop with five winners to share the prize.
Notably, there is no team assignment, meaning the project is decentralized and has no chance of being a draw.
Proven and experienced team
Although anonymous, the developers of Wall Street Memes have a long track record of success in crypto and Web3.
Along with creating a huge social network, they previously released the Wall Street Bulls NFT collection.
This collection sold out in just 30 minutes, raising over $2.5 million and they have since also released an extremely popular Wall Street Bulls Bitcoin Ordinals NFT collection.
The project also has a clear and concise whitepaper and roadmap that shows that the project does not present itself as a pump-and-dump coin that has a short life cycle.
FOMO relies on WSM
Satoshi Stacker is just the latest in a long line of crypto analysts who have identified the coin as offering a high chance of success.
Popular crypto pre-sale analyst Jacob Crypto Bury thinks WSM could be a 10x coin after launch.
Michael Wrubel (310,000 subscribers) has posted about the project several times and described himself as optimistic about its potential.
WendyO (195,000 subscribers) and Cilinix Crypto (30,000 subscribers) – along with many others – have also made videos about its potential in recent weeks.
WSM tokens can be purchased with ETH, USDT, or a card on the Wall Street Memes presale website.
Those interested in the project can find more information in the whitepaper or by joining their social media pages via Linktree.
Visit the Wall Street Memes Presale
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