The meme coin market has witnessed a remarkable surge in popularity over the past few months, and among the projects that have captured attention, Wall Street Memes ($WSM) stands out as a top contender. This community-centric meme token has already made waves, raising over $15 million during its presale phase, demonstrating the immense demand from retail investors. In this article, we will explore the factors driving the demand for $WSM and why it could potentially follow the path of Pepe ($PEPE) in delivering substantial returns.
Wall Street Memes: Born From Expertise
Wall Street Memes entered the meme coin market with a bang when it launched its presale phase in May. With an impressive $15 million already raised, the project’s successful start showcases the strong community backing it enjoys. Even in a market teeming with new token launches every week, $WSM has emerged as a promising contender to become the next $PEPE.
A crucial factor that sets Wall Street Memes apart is its development team, which includes the creators of the immensely popular Wall Street Bulls NFT collection that sold out in just 32 minutes in 2021. Leveraging their expertise and understanding of the digital assets space, the creators are now spearheading $WSM, offering investors a chance to gain financial exposure to the growth of the Wall Street Memes brand.
Hyped Community & Planned Exchange Listings
The $WSM project has garnered substantial attention from its established community of “degens,” boasting over 1.1 million members across various social media platforms. With 253,000 followers on Twitter and an impressive 534,000 on Instagram, Wall Street Memes’ presale became an instant hit, attracting over $300,000 in daily investments.
The widespread hype surrounding $WSM has sparked speculation that major crypto exchanges, including Binance, might list the token. While this remains unconfirmed, the Wall Street Memes team has indicated that $WSM will indeed be listed on both centralized (CEXs) and decentralized (DEXs) exchanges after the presale concludes, though specific exchange names remain undisclosed.
Notably, the distribution strategy allocates 50% of the total $WSM to presale investors, highlighting the creators’ commitment to a community-centric approach and their confidence in $WSM’s potential success following exchange listings.
Wall Street Memes’ Ambitious Roadmap & Influencer Attention
To further engage presale supporters, Wall Street Memes has initiated an airdrop campaign, offering a chance to win a share of $50,000 worth of $WSM to five lucky winners. Participants can enter the draw by joining the official Wall Street Memes Discord server and completing straightforward tasks related to the project’s social media channels.
Moreover, the project’s whitepaper outlines an impressive roadmap, including plans for high-profile influencer partnerships, global awareness campaigns, and an exclusive “gated community” for $WSM holders. The team sets its sights high, aiming to reach a $1 billion market cap with $WSM in the future.
Already making strides toward wider recognition, Wall Street Memes has caught the eye of influential figures. On July 12, YouTuber Michael Wrubel expressed his optimism for $WSM to his 310,000 subscribers, revealing his investment in the presale.
With its community-centric focus, expert team, and ambitious roadmap, Wall Street Memes ($WSM) is poised to become a dominant force in the meme coin space. The project’s early success during the presale, combined with growing interest from influencers, hints at its potential for delivering substantial returns in the future. As $WSM continues to build momentum, investors and enthusiasts alike will be eagerly watching its journey towards becoming the next meme coin sensation.