Social media is abuzz talking about the launch of what could be the hottest meme coin since Pepe coin (PEPE).
Wall Street Memes is one of the internet’s hottest retail investing communities that previously rose to prominence in the meme stock craze of 2021, but has recently been expanding its relevance within the cryptocurrency space with a new presale of its associated $WSM token.
The presale, which has raised close to $5.0 million only 12 days, has already surpassed 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.
The success of the $WSM presale is hardly surprising, given the size of the Wall Street Memes community.
Not only are there 523k hyper-engaged community members on its wallstbets Instagram account, there are another 214k on Twitter and more than 100k across its two other Instagram channels, wallstgonewild and wallstbullsnft.
All told, Wall Street Memes has 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.
And in fitting with its focus on empowering the little guy, 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% as community rewards; 10% for CEX liquidity and 10% for DEX liquidity.
With 30% of the supply allocated to community rewards, it can reasonably be expected that airdrops to holders will be a big part of the ecosystem.
Indeed, the first $WSM airdrop is open now. Join the discord, connect socials, engage on socials, buy and trade $WSM to be eligible to receive the drop.
To buy $WSM tokens you will need ETH, BNB or USDT (ERC-20 or BEP-20 versions accepted) in your crypto wallet. Simply connect at the website to make your purchase.
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YouTube Influencer Predict Exponential Gains for $WSM
Given the size of Wall Street Memes’ army of dedicated degens, analysts are predicting huge things for the $WSM token.
YouTube crypto influencer Michael Wrubel, meanwhile, is also bullish on the meme coin, given that it piggybacks off of the viral success of the meme stock craze in 2021, whilst also appealing greatly to the internet meme community.
He thinks it has the potential to be the next $1 billion meme coin.
Given $WSM will launch with a fully diluted market cap of only around $60 million later this year, that would mean gains of at least 17x.
Some influencers are predicting even bigger gains for Wall Street Memes.
Popular British presale analyst Crypto Gains, who has over 100,000 subscribers on YouTube, thinks $WSM has the potential to 100-1,000x.
Crypto Gains explains that he sees a tonne of meme coins and that $WSM really stands out thanks to the strength and substance of the Wall Street Memes community backing the token.
Clinix Crypto, a crypto YouTube influencer with nearly 30,000 followers, also thinks that $WSM has the makings of a 100x cryptocurrency.
Meanwhile, though they haven’t explicitly outlined price predictions for $WSM, a host of other YouTube crypto influencers have also touted the project as having a lot of potential.
These influencers include Crypto ZEUS, Oscar Ramos, CryptoTV, Goalorious, Crypto Costa and Alessandro De Crypto.
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