Dogecoin price will reach $1 and Wall Street Memes will take off in 2023 – fantasy or reality?

According to most analysts, Dogecoin will reach the $1 mark in the next 5 years. Thus, the coin should reach the target bar around 2028. But there are also experts who claim that buying meme cryptocurrency for $1 will become available a little later – in 2031. Who will be right in the end – time will tell.

Wall Street Memes – new meme coin breaks records on presale

The Wall Street Memes coin was released at the end of May 2023. It became a real massive cryptocurrency market phenomenon in the meme-coin category. Just two days after the presale started, the coin managed to raise $1 million. At the time of writing, this meme token is worth $0.0283, and the investment amount exceeds $9 million.

The presale has not been completed yet, and the popularity of the coin is growing day by day, so many analysts do not doubt the prospects of the WSM token and give the most positive forecasts. Already now cryptocurrency experts call Wall Street Memes an excellent candidate for listing on such well-known exchanges as Binance and Coinbase.

A new frontier in the face of Wall Street Memes

This is not the first time the WSM development team has created a successful project. They already have experience of successful interaction with Web3. For example, a huge collection of NFTs called Wall St Bulls was sold in 2021. 10 thousand NFTs were sold out in just half an hour, and the total earnings exceeded $2.5 million. Also, almost simultaneously with WSM, NFT Bitcoin Ordinal was released.

Wall Street Memes is a project that is fully controlled by the cryptocurrency community. The agreement with the decisions made by users is reflected in the tokenomics, focused directly on the participants of the project. Almost the entire supply of WSM coins is available to investors without third-party sales or allocation to any teams.

The total supply of Wall Street Memes is 2 billion tokens. Half of this amount is allocated for pre-sale, 1/3 is intended for future rewards for community participants. To maintain liquidity on CEX and DEX exchanges, 10% each will be given away – that is, 200 million tokens.

Currently, the WSM pre-sale is in full swing. You can buy the coin using a plastic card or one of the cryptocurrencies – BNB, ETH or USDT.

Are memes trending again?

It is impossible not to notice that meme digital coins are once again gaining popularity as investment tools. It is easy to explain – these virtual assets offer users of the cryptocurrency market a fun option to get involved in this economic sphere. It is also not uncommon for the value of these coins to be driven by social trends.

Among the reasons why meme coins have gained public recognition and widespread popularity is the use of innovative strategies for marketing. Developers of such tokens quite often employ clever branding and run large-scale social media campaigns to create a real buzz and attract the attention of potential investors.

Early investors of such virtual assets often do end up with impressive returns, and it’s hard to argue with that. But one must not forget that the risk associated with the volatility of the cryptocurrency market is quite high. Therefore, the decision to invest should be informed and weighed.