ChatGPT gave good news about Wall Street meme’s future
New generative artificial intelligence (AI) technologies such as OpenAI’s viral chatbot ChatGPT have become very popular in recent months. Users are amazed at the AI-powered bot’s ability to process information, solve problems and generate high-quality responses that resemble human-like responses to queries.
ChatGPT has been hailed as a breakthrough technology that could significantly transform the way information workers and businesses operate.
ChatGPT’s capabilities include, but are not limited to, various content creation, text summarization, business idea generation and brainstorming, code production, social media engagement analysis, CV and cover letter generation and much more.
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AI is already proving to be a game changer in the financial market price forecasting. A recent research paper showed how machine learning-based large language models (LLMs) at the heart of AI such as ChatGPT enable it to predict stock price movements.
The blockchain.com team asked ChatGPT for its views on what the future holds for the Wall Street Memes $WSM token. Wall Street Memes is a popular retail investing community on the internet that has recently been expanding its relevance within the cryptocurrency space with a new presale of its associated WSM token.
While ChatGPT was reluctant to give any exact price forecasts and emphasized that it was not giving out investment advice, it put forth a number of arguments “as to why a meme coin like $WSM… could potentially experience price appreciation after listing on crypto exchanges”.
ChatGPT argued that meme coins need a strong community and hype to succeed. Luckily for $WSM, Wall Street Memes has spent more than two years building up a 1 million-strong social community of degens, which analysts think all but guarantees that the $WSM token will be listed on tier 1 crypto exchanges like Binance. ChatGPT also thinks exchange listings and increased accessibility could be another big reason as to why the $WSM token performs well.
The Wall Street Memes presale of its $WSM crypto token has already nearly surpassed the $1 million mark, despite only launching a few days ago. The 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.
Wall Street Memes was born out of the movement in 2021 where 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. As such, the team behind the Wall Street Memes token knows everything there is to know about building brands in the new age of finance. 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% is allocated for community rewards; 10% is for CEX liquidity and 10% is for DEX liquidity.
Since 30% of the supply is allotted for community rewards, it is highly likely that airdrops to holders will play a significant role in the ecosystem.
As a matter of fact, the first $WSM airdrop is currently open. You can participate by joining the Discord channel, connecting your social media accounts, engaging on social media, holding and trading $WSM. This will make you eligible to receive the airdrop.
To purchase $WSM tokens, you will need ETH, BNB or USDT (ERC-20 or BEP-20 versions are accepted) in your crypto wallet. Simply visit the website to make your purchase.
Analysts are already predicting that Wall Street Memes will experience 10x gains when it lists on exchanges, and you can be a part of it.
