Wall Street Memes (WSM), a new project in the world of meme cryptocurrencies, is attracting the attention of investors. The coin has already raised $12 million in its pre-sale, which has all chances to end earlier than scheduled. This is a good opportunity to invest in a new promising project that has the potential to become a major competitor to PEPE and Dogecoin.
How early investors made money on DOGE and PEPE
Early investors who invested in PEPE and Dogecoin have become crypto millionaires. For example, one crypto-enthusiast was able to turn his $263 into $13 million dollars in just 40 days. How did he do it? All thanks to the Pepe Coin ($PEPE), inspired by the internet meme Pepe the Frog. This cryptocurrency continues to show growth in the memcoin market even now.
Another famous meme digital coin, DOGE, has become a serious player in the cryptocurrency market. Investing in Dogecoin in the early stages or on dips has become one of the most successful decisions for many investors. For example, on January 22, 2021, DOGE rose 250% in a day.
Wall Street Memes is a new opportunity for those who missed out on PEPE and Dogecoin
Wall Street Memes is a new project that combines memes and finance. This is a great chance for those who missed out on investing in PEPE and Dogecoin in time.
One of the key factors influencing the success of meme cryptocurrencies is their popularity online. And Wall Street Memes has every chance to become the new leader. WSM actively utilizes social media and the latest trends in internet culture. WallStBets Instagram account has more than 500 thousand followers, 256 thousand followers on Twitter and more than 100 thousand on two other pages: wallstgonewild and wallstbullsnft.
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As you can see, Wall Street Memes has a huge community of like-minded people behind it. It has even managed to attract the attention of famous personalities. For example, Ilon Musk, the popular billionaire and owner of Twitter, has twice responded to Wall Street Memes posts on the social network. It is known that Musk (as well as other major players in the crypto world) can influence the prices of cryptocurrencies, and such attention from his side can give an impetus to the growth of $WSM.
Now the pre-sale of Wall Street Memes is nearing its completion. At this point, the project has already managed to raise $12 million dollars. Investors should hurry up if they want to have time to participate in this very promising project. At the current stage, the WSM token can be bought for 0.0307 dollars, but by the end of the presale it will cost 0.0337 dollars. And for token holders there is an airdrop of free coins worth $50 thousand. 5 winners will be chosen from all WSM holders and the reward will be distributed among them.
What factors influence the success of meme coins?
The most important criteria for predicting the success of meme projects are security and a large supporting community. And Wall Street Memes meets both of them. The team pays special attention to the development of high-tech and reliable infrastructure. The project actively collaborates with experienced developers and blockchain specialists to ensure stability and security on its platform.
Interestingly, Wall Street Memes is a token with an entire ideology. It has a connection to the famous Reddit community that spotted institutional investors scamming Wall Street with GameStop stock. The creators of WSM are continuing this revolution by creating a token designed to help the “small” investor win. And Wall Street Memes publically mocks the machinations of the “wolves” of Wall Street.
The team is ready to confirm its views not only with memes, but also with deeds. All 100% of tokens are allocated for the community. Of these, 50% of the coins are intended for investors at the presale, 30% will be used to pay rewards in regular airdrop, and 20% are allocated to support listings on DEX and CEX.
The Wall Street Memes team already has a successful track record of launching their project in the cryptocurrency sphere. Their first NFT collection, Wall St Bulls, created in 2021, went viral in a record 32 minutes.
In addition, an important factor in the success of meme coins is the support of the community. WSM focuses on communicating with investors and project participants, building trust in their cryptocurrency. This helps to attract new participants and expand the WSM community.
Given the growing interest in cryptocurrencies and memes, the Wall Street Memes project has serious potential for further development and growth. This could lead to an increase in the value of WSM tokens and new opportunities for their holders.
Conclusion
Having raised $12 million dollars in the pre-sale in record time, WSM has proven its appeal to investors looking for new opportunities in meme cryptocurrencies after the resounding success of PEPE and Dogecoin. Since June, the market has seen an active return of interest in meme coins, which could also favorably impact the price of Wall Street Memes. Probably, against the background of problems with regulators in the market of large digital assets, investors decided to return to cheap promising coins.
However, it is worth remembering that meme cryptocurrency is one of the riskiest assets in the already volatile crypto market. Therefore, before investing, it is worthwhile to independently study the prospects of the project and assess the risk/reward ratio.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.