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One of the largest crypto YouTube channels, Satoshi Stacker, has tipped WSM as the best meme token to buy in September 2023. Wall Street Memes, a newly emerged meme coin, has attracted a lot of attention in the past three months.
The presale of $WSM tokens will end in less than a week, on Monday, September 25 at 6:00 PM UTC. This gives potential investors a limited opportunity to acquire tokens before an expected high-impact initial exchange offering (IEO).
Satoshi Stacker – Wall Street Memes stands out among the Meme Coin projects
With the Wall Street Memes pre-sale ending soon, investors are rushing to secure tokens as excitement about the listing grows. This project has become popular due to the strong fundamentals and potential of meme coins. What sets Wall Street Memes apart from many other meme coin projects is its unique origins.
Originally launched in 2019 as an extension of the popular Wall Street Bets subreddit, it offered humorous memes and content about the crypto and financial markets. Over time, it has amassed over a million followers across various social media platforms.
In 2021, the project ventured into the Web3 space by releasing the Wall Street Bulls NFT Collection on Ethereum, with the $2.5 million collection selling out in just 30 minutes. Following this success, they introduced a Bitcoin Ordinals collection and in May they launched the $WSM token, much to the community’s excitement.
Notably, Elon Musk, the billionaire CEO of Tesla and X (formerly Twitter), has interacted with their page on several occasions, further increasing its visibility in the crypto community. Unlike many meme coins with limited utility, Wall Street Memes offers staking as a key feature.
Staking allows token holders to earn rewards by locking their tokens into a pool. This can positively impact the token’s price by encouraging holding and reducing selling pressure. Currently, approximately 350 million tokens have been staked, yielding an estimated annualized return of 57%.
The extended token unlock schedule and a minimum seven-day lock period contribute to the project’s long-term sustainability, setting it apart from typical meme coins that often crash quickly. Wall Street Memes also has a relatively small supply of tokens compared to many meme coins, with only 2 billion $WSM tokens.
Half of these tokens will be allocated to the presale, 20% reserved for exchange liquidity, and the remaining 30% earmarked for community rewards, including the stake pool and ongoing airdrops such as the $50,000 giveaway.
Wall Street memes as a strong contender for 2023 growth
With Wall Street Memes’ impressive pre-sale performance, active community and upcoming listings on tier-1 exchanges, many cryptocurrency experts expect substantial growth by the end of the year. They recognize that $WSM’s strong support will provide solid initial momentum when the token hits the open market.
The US just hit $33 trillion in debt, as if it’s all just a game pic.twitter.com/wun79MJeHD
— Wall Street Memes (@wallstmemes) September 19, 2023
These listings are expected to increase $WSM’s visibility and liquidity, which could further stimulate investor interest and potentially boost its price. Additionally, past interactions with Elon Musk and endorsements from influencers can contribute to increased virality and demand.
Taking all these factors into consideration, they suggest that $WSM could realistically be trading between $0.10 and $0.40 by the end of 2023. With its large community and impressive pre-sale performance, Wall Street Memes is emerging as one of the crypto coins with substantial upside potential. .
Visit the $WSM presale here before it ends.
Related
Ending Soon – Wall Street Memes
- Early access presale now live
- Established community of stock and crypto traders
- Featured on Cointelegraph, CoinMarketCap, Yahoo Finance
- Rated best crypto to buy now in the meme coin sector
- Team behind OpenSea NFT Collection – Wall St Bulls
- Tier One Exchange Listings September 27
- Tweets answered by Elon Musk
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