Blockbuster Crypto Wall Street Memes Token to list on Binance in 3 days, claims source. Next Pepe 100x Coin incoming?
Blockbuster Crypto Wall Street Memes Token to list on Binance in 3 days, claims source. Next Pepe 100x Coin incoming?
The Explosive Growth of Wall Street Memes in the Blockchain Industry
In the exciting world of cryptocurrencies, Wall Street Memes (WSM) has emerged as one of the most highly anticipated projects, with its presale set to launch on exchanges in just three days. This coin aims to capitalize on the meme stock movement and bring the energy of Wall Street to the crypto industry. Backed by a massive community of financially savvy individuals, including notable figures like Elon Musk, the potential to turn hundreds of dollars into millions has sparked significant interest.
According to the Wall Street Memes website, the highly sought-after WSM coin will be listed on tier 1 centralized exchanges (CEXs) within the next week, with at least two of these exchanges expected to rank among the top 10 globally. Sources even suggest that Binance, the world’s largest crypto exchange, may be among the trading venues targeting WSM for listing. This is an exciting development for both the project and Binance, as centralized exchanges are fiercely competing for market share in the face of declining crypto trading volumes.
Amidst regulatory challenges faced by Binance, the exchange is eager to regain trading volume by listing trendy coins like WSM. Although decentralized exchanges like Uniswap have gained popularity, offering a safer alternative for some retail investors, CEXs remain popular due to their ease of use and lower trading costs. Binance, despite its recent setbacks, continues to be a major player in the industry.
The Potential for Massive Growth: The Binance Effect
When it comes to the listing of new altcoins, Binance has demonstrated its significant influence over the market. A prime example is the listing of PEPE, a meme-based coin, which experienced a nearly 1,000% price surge in the week leading up to its listing on Binance in May 2023. Given Binance’s reputation and influence, it is no surprise that WSM, a coin associated with a community that regularly engages with Elon Musk, would garner attention from the exchange.
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WSM is currently in its presale phase, providing an opportunity to invest at its lowest-ever price of $0.0337 per coin. If the price of WSM were to pump 10x upon listing, a $10,000 investment could potentially turn into $100,000. Drawing parallels to the PEPE listing phenomenon, it is not unreasonable to anticipate significant growth for WSM, especially considering the enthusiasm surrounding the project.
Unveiling Wall Street Memes: From Meme Stocks to Crypto
Wall Street Memes originated from the meme stocks craze that emerged during the height of the Covid-19 pandemic. In 2021, retail investors on Main Street took on and outperformed Wall Street’s veteran traders by supporting unconventional stocks such as GameStop, AMC, and Robinhood. This movement eventually led to at least one hedge fund going bankrupt. Now, the creators of Wall Street Memes aim to continue riding this wave of success by building a community rewards-based system.
The project already features a popular stake-to-earn feature, with more products to come—details of which are currently kept under wraps. Wall Street Memes has gained recognition for its marketing capabilities and successful product launches. Earlier this year, they launched the highly successful Wall Street Bulls Ordinals NFT Collection, which quickly sold out, generating $2.5 million in revenue. The team’s strategic approach and the endorsement of influential figures, such as Elon Musk, contribute to the project’s credibility and potential for success.
Staking as a Vote of Confidence
Wall Street Memes has introduced a staking service that has resonated well with the community. Currently, 372 million WSM tokens have been staked, earning a substantial annual percentage yield (APY) of 54%. This represents 37% of the tokens allocated to the presale, which has fueled confidence in the project. The tokenomics of WSM allocate 20% of the total token supply to staking rewards, indicating a strong commitment to rewarding token holders and encouraging long-term coin retention.
With a maximum total token supply of 2,000,000,000, the presale offered half of these tokens (1 billion) to interested buyers. Out of the tokenomics allocation, 20% is dedicated to decentralized and centralized exchange liquidity, 50% to marketing, and 30% to community rewards. The significant focus on marketing further emphasizes the project’s ambitious goals and its commitment to gaining market traction.
The Endorsement of Influencers
Several crypto experts and influencers have expressed their bullish forecasts for Wall Street Memes. Notable YouTubers such as Zach Humphries, Joe Parys, and Michael Wrubel, with subscribers ranging from 100,000 to 380,000, have thrown their support behind WSM. Analysts like Jacob Crypto Bury even speculate that WSM could potentially achieve a 10x pump at launch. The endorsement from these influencers, combined with the growing hype and imminent listing debut, has sparked a sense of urgency among potential investors.
To buy WSM, individuals can utilize the Ethereum blockchain or BNB Smart Chain and choose from three cryptocurrencies: ETH, BNB, or USDT (ERC-20 or BEP-20). The presale is still ongoing, offering interested buyers an opportunity to enter the market before the price potentially surges higher upon listing.
Conclusion: The Rise of Wall Street Memes
Wall Street Memes has quickly risen to become one of the most influential retail investing communities, leveraging the success of the meme stocks movement and actively engaging with influential figures like Elon Musk. With a rapidly growing social community, a successful presale, and a promising roadmap with exciting upcoming product launches, Wall Street Memes aims to make a significant impact in the blockchain industry.
Crypto enthusiasts and experts are closely monitoring the trajectory of WSM, with many anticipating significant growth potential. While the crypto market can be volatile and unpredictable, the combination of community support, endorsements from influential figures, and the buzz surrounding Wall Street Memes creates an optimistic outlook for the project’s future. As the presale continues and the project prepares for its highly anticipated listing, all eyes remain focused on Wall Street Memes and its potential to disrupt and innovate within the blockchain industry.