TWITTER Token is Up 10,000% in 24 Hours But Crypto Whales are Accumulating This Other Coin Now – What Do They Know?
In the latest move sending ripples across crypto markets, new token TwitterDAO (TWITTER) has exploded +11,800% in just ten hours.
The stunning moon shot is the latest straight-to-DEX token surging off the back of meme value related to Twitter and Elon Musk.
Earlier in August, markets witnessed significant pumps for DEX-launched tokens related to Twitter's rebrand to 'X' - with some climbing as high as +3,000%.
TwitterDAO Price Analysis: How High Can Latest Twitter Moon-Shot Pump?
As technical structure holds strong into the final day of this week's trading, TwitterDAO is trading high with a current price of $0.000098 - as intrepid DEX traders look to smash another zero of TWITTER price.
Showing no signs of slowing down, the incredible +11,800% rally was ignited at midnight last night (August 4), this followed an inactive period of 12-hours trading, which saw TWITTER struggle to gain traction at launch.
However, a significant influx of trading volume at midnight, which pumped price action an initial +1,200% soon snow-balled into a frenzy - as almost $700k of trading volume flooded in from the market.
DEX traders were emboldened by the apparent legitimacy of this emerging token, which passes through contract verification and honeypot detectors with flying colors - further solidified by $412k liquidity locked.
Over the subsequent 7 hours, a +600% pump slowly pushed up after the initial surge at midnight, and despite a minor retracement (-30%) around 8 AM this morning, price has gained traction once again, continuing to push up.
With a steadfast bank of 436 holders after more than 1.2k transactions, TwitterDAO surpasses expectations as a DEX market entrant that might be here to stay.
Yet, despite the skyrocketing traction, many market participants are concerned about the vulnerability of DEX-launched tokens to pump-and-dump scams - leaving some to seek out safer investors with comparable upside potential.
Meet Wall Street Memes: As $WSM Presale Skyrockets Towards $21M Raised
Born from the Occupy Wall Street culture, and emboldened by the NFT success of popular investor forum Wall Street Bets, Wall Street Memes is a meme coin with a difference.
With backing from an impressive community of more than +1m followers, this near-sell-out token presale is rapidly growing to become the most anticipated meme coin launch since Pepecoin ($PEPE).
Hoping to build on the success of Wall Street Bet's top NFT project, the new $WSM token is poised to take the meme coin market by storm.
In a meme coin homage to the intrepid investors that took on Wall Street, $WSM is aiming to transform powerful community sentiment into a tangible asset - seeking not only to tokenize the anti-bank movement but also to redefine our perception of digital value.
But what really has investors flocking in, is its democratic price point at just $0.0328, the WSM presale has surged as a result rapidly approaching $21m raised with the seed funding pot currently at $20.4m.
With the speed of the presale growing faster by the day, there is a clear signal that investors could unlock lucrative gains with $WSM, not least because of the built-in +30% for presale investors in the initial listing.
Wall Street Memes Has Amassed +1M Following on Crypto Twitter
In keeping with the original anti-bank philosophy, $WSM will be allocating 30% of the token supply to community rewards, with an additional 20% going towards liquidity, and 50% up for grabs in the presale - this is a democratic project for the masses.
And this no-team split has fuelled the project's explosive growth on social media, with the Wall Street Memes community now amassing an impressive +1m followers in the community.
This explosive community growth is likely to incentive major CEX listings such as Gate.Io, which could propel the $WSM token on an incredible moonshot.
With a proven track record stemming from the success of the Wall Street Bets NFT collection, this project continues to thrive off the original moment in history when $WSM exploded onto the scene.
Don't miss your chance to secure a slice of the next skyrocketing meme token.
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.