As PhoenixInu Token Rises 10,000%, Crypto Whales are Accumulating This Other Meme Coin Before it Lists on Exchanges – Here’s Why

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Sam Cooling
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Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

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In the latest straight to DEX meme coin launch, yesterday, PhoenixInu Token undertook a magnificent +10,000% moon-shot.

As per typical Inu fashion, the huge move was fuelled by an influx of $469.24k in DEX volume.

Rising Like a Phoneix: PhoenixInu’s +10,000% Pump

DEXtools / PhoenixUSD

Rising like a phoenix, an initial +4,700% move in PhoenixInu’s opening hour ignited a frenzy of transactions that saw the token surge from $0.0002785 to an impressive $0.08 in just 21 hours.

The seismic move – driven by 1.45k transactions – no doubt saw intrepid DEX traders secure eye-watering gains in the stunning run.

But as the saying goes: all good things must come to an end, and PhoenixInu soon dumped to dramatic effect – leaving 266 holders out of pocket.

Do All Meme Coins Dump?

However, not all meme coins are destined for this fate, and some are able to endure impressive growth without suffering rug pulls.

With investors on the lookout for the next Dogecoin (DOGE) or Pepecoin (PEPE), one contender has raced ahead of the others.

Wall Street Memes: Gaining Sensational Traction with Traders

Source / Wall Street Memes

The Wall Street Memes token isn’t merely another meme coin – born from the Wall Street Bets Movement and a top NFT project, $WSM carries the promise of a complete shake-up of the meme coin world.

While the retail investor uprising against institutional dominance was widely seen during the Wall Street Bets movement, Wall Street Memes has managed to turn this sentiment into a tangible asset.

The $WSM token not only tokenizes the movement but is also set to redefine the power dynamics surrounding how markets view digital value.

And with a current price at $0.0316, the $WSM presale has already collected an impressive $15.4m, rapidly nearing its target of $15.5m before the next price increase.

The speed at which tokens are being acquired signals a substantial potential return for early investors.

Source / Wall Street Memes

Indeed, by the end of the presale, they could enjoy over 30% paper gains, with further price appreciation expected once $WSM gets listed on major exchanges later this year.

$WSM Launch Strategy Will See Token List on Multiple Top CEX

Recognizing the importance of its community, Wall Street Memes has allocated 30% of the total token supply as community rewards. 

Source / Wall Street Memes

The significant traction of the Wall Street Memes community also strongly indicates that $WSM will be listed on top-tier crypto exchanges like Binance, which could trigger a bullish run for the token.

The Wall Street Memes presale offers a remarkable investment opportunity, as the project is backed by a proven record of successful digital asset launches and a substantial and engaged community.

The current presale price offers an enticing window for investors, especially with the knowledge that the price is set to increase shortly.

Join the revolution today, buy $WSM, and become part of the next big meme coin story.

Buy $WSM Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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