Wall Street Memes Presale Surges Past $1.3 Million as Investors Rush to Partake in Hottest Meme Coin Presale in Years
Tuesday, 30th May - The most exciting crypto meme coin presale in years is selling out fast, and here's why it's time to pay attention.
Wall Street Memes, one of the internet’s most powerful retail investing communities, launched a presale of its $WSM token on Friday and it has already surpassed $1 million in funds raised.
That means that investors are scooping up $WSM tokens at the staggering pace of more than $300,000 per day, with the presale now closing in on the $1.5 million mark.
And investors hoping to get in early on what could easily be the next Pepe, Dogecoin or Shiba Inu meme coin should move quickly to secure $WSM tokens before the price rises.
$WSM is currently available for $0.0256, but this price will rise 1.2% to $0.0259 when the presale hits $1.512 million and the presale enters its fourth stage.
Over subsequent presale stages and as the $30.577 million presale hard cap is approached, the price will eventually rise all the way to $0.0337.
That means investors who get in now will be sat on more than 30% paper gains by the time the presale is over, before the price appreciation really gets going when $WSM lists across major exchanges later this year.
Investors hunting for the next low-cap gem should bear in mind that, unlike the vast majority of other presales out there, the Wall Street Memes team has a track record of selling out digital asset launches quickly.
Indeed, its $WSM presale is fast following in the footsteps of 2021’s highly successful mint of the Wall Street Bulls 10,000 piece NFT collection, which famously made $2.5 million and sold out in 32 minutes.
The king of stonks is about to become the king of meme coins. Don’t miss out.
Wall Street Memes Tokenizing the Movement to Stick it to Institutional Investors
Wall Street Memes was born out of the movement in 2021 where the little investors teamed up to stick it to Wall Street.
While failing to topple the overall dominance of institutional investors, the movement did manage to force Melvin Capital hedge fund into closure.
“The little guy challenged Wall Street in the infamous GameStop fiasco of 2021, and the legacy of those brave Wall Street Bets heroes endures until today”, Wall Street Memes says on its website.
Wall Street Memes, who know everything there is to know about building brands in the new age of finance, is tokenizing that movement.
And the project has recently shifted its focus to expand its relevance within the cryptocurrency space, emphasised by its just launched presale of the $WSM token and a separate mint of Ordinals NFTs on the Bitcoin blockchain.
Not Just Any Meme Coin Community
Wall Street Memes isn’t just any old meme community.
There are 523K hyper-engaged community members on its wallstbets Instagram account, another 214k on Twitter and more than 100k across its two other Instagram channels, wallstgonewild and wallstbullsnft.
All told, Wall Street Memes has a 1 million-strong social community of degens.
And the community has so much reach and sway that it has attracted interactions from Elon Musk, the owner of Twitter and the most followed person on the platform, on two separate occasions.
The precocious billionaire who consistently ranks as one of the world’s richest men twice replied to Wall Street Memes tweets.
On another occasion, Musk replied to a tweet by the SHIB founder after Wall Street Memes had retweeted it, suggesting that someone out of the 311 people Musk follows on Twitter follows Wall Street Memes.
Musk is thus very likely to see Wall Street Memes twitter content again and any further interactions could deliver a huge boost to the $WSM presale.
Binance Listing On the Way?
Analysts think the huge size of the Wall Street Memes community all but guarantees that the $WSM token will be listed on tier 1 crypto exchanges like Binance.
This could be a huge bullish drive to $WSM and help the token reach the team’s goal of a market cap in excess of $1 billion.
Just ask ChatGPT.
“Once a meme coin like $WSM gets listed on established cryptocurrency exchanges, it gains exposure to a broader audience of potential buyers and traders… Improved accessibility can result in increased trading volume and liquidity, which often positively impacts the token's price,” the viral chatbot recently told analysts at Cryptonews.com.
Big $WSM Airdrops Coming
In fitting with its focus on empowering the little guy, 100% of the token supply is for the Wall Street Memes community – there is no behind-the-scenes private sale and no team allocation largesse.
50% of the token supply is available in the presale; 30% as community rewards; 10% for CEX liquidity and 10% for DEX liquidity.
With 30% of the supply allocated to community rewards, it can reasonably be expected that airdrops to holders will be a big part of the ecosystem.
Indeed, Wall Street Memes is already running a competition where 5 lucky degens will benefit from a generous $50,000 $WSM airdrop.
Investors who have already purchased $WSM only need to follow the steps detailed on the meme project’s website here.
Join the discord, connect socials, engage on socials, hold and trade $WSM to be eligible to receive the drop.
Analysts Predicting Big Things for $WSM
Given that meme coins often rely on the power of their community and social media presence and given that $WSM already has a strong and engaged community around its project, the meme coin could generate hype and attract attention from investors and traders.
That could increase demand for the token, which could drive up its price.
As a result, it’s not surprising that numerous analysts are already predicting big things for $WSM when it lists on exchanges.
Investors wanting to get in ahead of big potential future price rises should think about getting in on the meme coin’s presale as soon as possible in order to secure their $WSM at the best possible discount.
$WSM can be bought on both the Ethereum blockchain and Binance Smart Chain using ETH, BNB or USDT (ERC-20 or BEP-20).
All users need to do is connect their crypto wallet on the wallstmemes.com website to make their purchase.