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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Wall Street Memes Enters Last Day of Presale Before Tier 1 Exchange Listing – Could This Be the Next Big Meme Coin?

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NewsBTC
1 year ago
4 mins read

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The Wall Street Memes ($WSM) presale is about to enter its last day after raising over $25 million since the end of May. Presale investors quickly recognized the project’s potential thanks to its prevalent community of one million social media followers.

Consequently, Wall Street Memes has proved one of the most successful presales of 2023 and the team recently announced that it will be listed on multiple tier-one exchanges on 27 September, prompting hopes of a significant price increase.

Why Wall Street Memes Could Explode After Tier-One Exchange Listings

Since the exchange listings announcement, excitement has been brewing on the tremendous upside potential that Wall Street Memes holds.

The project was already touted as one of the most promising meme coins, thanks to its vast community and even receiving Twitter engagement from Elon Musk.

However, securing tier-one exchange listings has cemented its legitimacy and opened the project to an even broader audience. While it remains to be seen which top 10 global exchanges it will be listed on, rumors are circulating that Binance and Coinbase may be among those looking to list $WSM.

It goes without saying that a listing from either of these two giants would skyrocket the Wall Street Memes price. We have seen this countless times with meme coins before. For example, Shiba Inu soared to a new all-time high (ATH) in 2021 after its Binance listing.

More recently, Pepe followed a similar trajectory, reaching a $2 billion market cap after its Binance listing in the depths of the recent bear market.

With the next crypto bull run around the corner, a tier-one exchange listing for Wall Street Memes could prove even more beneficial for previous meme coins.

Presale Buyers Cash in On 52% Staking APY

The Wall Street Memes team recently announced the launch of a staking mechanism, offering holders a significant annual percentage yield on their tokens. This was a massively popular move, with the Wall Street Memes staking dashboard reporting investors have staked 386,985,762 $WSM tokens so far.

The staking mechanism currently offers a 52% APY, which is a considerable sum considering the upside potential that the project holds.

Wall Street Memes has set aside 30% of tokens for staking and community rewards, 50% for marketing, and 20% for exchange liquidity. The team carefully designed these tokenomics to ensure price stability and longevity while encouraging community participation and maximizing the potential to attract new investors.

Robust Marketing and a Vibrant Community Point to Next Biggest Meme Coin

Wall Street Memes’ secret weapon is its mastery of viral marketing. Since its inception in 2021, the team has gone from success to success, leading from the front of crypto and stock meme culture.

The project was inspired by the 2021 Wall Street Bets and GameStop saga, where retail investors defeated financial institutions through the power of memes, community, and humor.

Wall Street Memes began as a social media meme brand but launched a massively successful NFT collection, Wall St. Bulls, in 2021. The collection sold out in just over 30 minutes, raising $2.5 million.

Since then, the project has achieved considerable social accolades, including one million followers across all social channels and even Twitter engagement from Elon Musk.

Considering Musk’s impact on the Dogecoin price, this has led many speculators to predict Wall Street Memes could be the next big meme coin.

Analysts Predict 100x Returns For $WSM

Given its social accolades and wildly successful presale, it is no surprise that many top crypto analysts are raving about Wall Street Memes.

Trader Michael Wrubel, who boasts 300K YouTube subscribers, recently published a video praising the Wall Street Memes community, noting that this separates it from other meme coins and provides massive potential. In earlier videos, Wrubel has also referred to the token as the next 100x meme coin.

Meanwhile, Jacob Bury has urged potential investors to hurry since the presale is nearly over. He also calls $WSM a 10x potential crypto launch. The analyst has made some lucrative predictions lately. For instance, he recently covered the BTC20 presale before it did a 7x after its exchange launch.

With just one day left of presale, investors who want to buy the next big meme coin must act now. Missing the presale means they will have to buy it on exchanges when its price may have potentially exploded.

To buy the token, visit the Wall Street Memes website and connect your software wallet. The presale accepts payments in ETH, USDT, BNB, and bank card deposits.

Visit Wall Street Memes Presale

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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