Social media is touting the launch of what could be the most popular meme since PEPE. Wall Street Memes is one of the most popular retail investor communities that has gained notoriety thanks to the 2021 meme stock craze. The project has recently expanded its prominence in the cryptocurrency space with a new pre-sale of the $WSM token.
It raised around $5 million in just 12 days and surpassed the successful NFT Wall Street Bulls collection of 10,000, which is known to have brought in $2.5 million and sold out in 32 minutes. The success of the $WSM presale is unsurprising given the size of the project’s community.
Wall Street Memes has a community of millions. According to analysts, it guarantees that the $WSM token will be listed on tier one crypto exchanges such as Binance. The project emphasizes empowering the “little man,” so 100% of the stock is earmarked for the Wall Street Memes community. There are no behind-the-scenes private sales. 50% of the tokens are available in the presale, 30% as a community reward, 10% for CEX liquidity, and 10% for DEX.
With 30% of the offering allocated to community rewards, it’s reasonable to expect giveaways to holders to be a big part of the ecosystem. The first $WSM airdrop is already open. Join the community in Discord, connect to social media pages, participate, buy and trade $WSM to earn rewards.
To buy $WSM tokens you will need ETH, BNB or USDT (ERC-20 or BEP-20 versions are accepted) in your crypto wallet. Simply connect on the website to make your purchase.
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Youtubers are predicting exponential growth for $WSM
Given the size of the army of fans devoted to Wall Street Memes, analysts are predicting huge prospects for the $WSM token. Cryptocurrency YouTube blogger Michael Wrubel is also optimistic about the coin, given that it builds on the success of the meme stock craze in 2021. He believes that $WSM has the potential to become the next major large-cap meme coin. According to the analyst, it is expected to reach $1 billion.
$WSM will launch with a market capitalization of only about $60 million later this year. That will mean earnings growth of at least 17 times.
Some Influencers are predicting even greater growth for Wall Street Memes. Popular UK pre-market analyst Crypto Gains, who has more than 100,000 subscribers on YouTube, believes that $WSM could increase by 100 to 1,000 times.
Crypto Gains explains that he considered a ton of meme coins. $WSM really stands out because of the strength and content of the Wall Street meme community supporting the token. Clinix Crypto, a YouTube crypto blogger with nearly 30,000 subscribers, also believes that $WSM has the makings of a 100x growth rate.
A host of other YouTube crypto-influencers have also publicized the project as having great potential. These include Crypto ZEUS, Oscar Ramos, CryptoTV, Goalorious, Crypto Costa and Alessandro De Crypto.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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