Wall Street Memes Presale Hits $26 Million – Could This Be the Next 100x Meme Coin?
The Wall Street Memes ($WSM) token presale has now raised over $26 million, with investors clamoring to get involved before it concludes.
Leveraging clever marketing and a highly-engaged online community, Wall Street Memes has defied expectations, setting the stage for a highly-anticipated exchange launch in the coming weeks.
With the $WSM presale entering its final stage, many community members are predicting the token to be the next explosive meme coin in the crypto market.
Wall Street Memes Presale Gathers Pace as Hard Cap Looms
Wall Street Memes' presale has been an incredible success since it launched in May.
With just 36 days left until $WSM makes its debut on "multiple" Tier-1 exchanges, the presale continues accelerating towards its hard cap of $29.8 million.
Wall Street Memes’ presale is now in its final stage, with the price per token set at $0.0337.
As the buzz around this stage reaches fever pitch, there’s a growing belief among the Wall Street Memes’ Telegram community that the presale’s hard cap could be hit as early as this week.
Much of Wall Street Memes’ presale success can be attributed to the clever leveraging of an engaged community comprising over 1.1 million people worldwide.
This rebellious community, spread across social media channels like Instagram and Twitter, has rallied behind the project, contributing significantly to its rapid fundraising milestones.
However, it’s not just retail traders that have taken note of Wall Street Memes – tech mogul Elon Musk has also interacted with the project on Twitter several times.
The credibility boost from Musk’s interactions has elevated $WSM’s profile, drawing even more attention to the ongoing presale.
New Staking Protocol Boosts $WSM Utility
Wall Street Memes’ team has recently launched a new staking protocol allowing $WSM holders to earn yields as high as 134% by locking up their tokens.
This staking protocol is growing exponentially, with nearly 150 million $WSM tokens already locked up, according to Wall Street Memes’ staking dashboard.
Staking could be hugely significant for Wall Street Memes since it incentivizes holding $WSM for passive income.
This should help price stability, given that it discourages mass selling.
Importantly, Wall Street Memes’ staking yield is expected to remain close to 100% APY going forward, setting it apart from other projects that offer lower rates.
Unsurprisingly, the addition of this staking protocol has been warmly received by $WSM holders, who had hoped that the development team would add a much-needed use case for the token.
Now that $WSM does have a clear use case, this sets it apart from the abundance of meme coins that lack real functionality or utility.
Influencers Jump Onboard as Wall Street Memes’ Team Presents Ambitious Roadmap
Looking ahead, Wall Street Memes’ team has laid out a comprehensive roadmap for the long-term, including plans for an exclusive “gated community” and a $1 billion market cap for $WSM.
These ambitious plans highlight the team's belief in the Wall Street Memes project and commitment to building a sustainable ecosystem.
Additionally, Wall Street Memes' team has stated they plan to collaborate with meme creators, influencers, and content platforms to raise the visibility of $WSM.
Coincidentally, these goals have naturally attracted attention from the influencer community, with high-profile names like Joe Parys Crypto, who has over 380,000 YouTube subscribers, stating that $WSM could be the “next 100x meme coin”.
Although this forecast may seem optimistic, the recent success of meme coins like $PEPE, $WOJ, and $TURBO suggests a considerable appetite for well-executed projects with substantial online communities.
Given Wall Street Memes’ clear strategy and engaged fanbase, the project could be positioned to join the ranks of these breakout stars – and produce sizable returns for early backers.
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