Wall St Memes Raised $15 Million in the WSM Presale. Why are Investors Buying It?

The post Wall St Memes Raised $15 Million in the WSM Presale. Why are Investors Buying It? appeared first on Coinpedia Fintech News

Sometimes a project comes along that is so staggering in its success that it makes you wonder why it is so special. Wall St Memes (WSM) is just that project – and its presale isn’t over yet. Still, it has pulled in over $15.2 million, and there’s no sign of the end of its growth any time soon.

We’ll explain why Wall St Memes is attracting so much investment, but first, let’s take a look at all the details of the presale.

WSM Presale Eases Past $15 Million in Presale Funding

Introducing $WSM – yep, we’ve gone and done it.
The community token that’s flipping the Wall Street Memes game upside down!

We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.

Let’s make some serious waves together,… pic.twitter.com/fH2TMGmglZ

— Wall Street Memes (@wallstmemes) May 27, 2023

The main fact here is plain and simple: the WSM presale has raised over $15.2 million in its presale. It looks increasingly likely to hit $16 million and possibly even more.

The token is being sold at a price of $0.0316 currently, with an increase to $0.0319 in the next stage. It accepts ETH, USDT, or cards for payment.

It’s also worth noting that the team has transparently disclosed the tokenomics for the WSM token. In the presale, 50% of the token supply has been allocated, with 30% dedicated to community rewards and the remaining 20% evenly distributed between CEX and DEX liquidity.

Excitingly, there are plans for an upcoming airdrop event for the WSM token. To qualify, individuals simply need to join and actively engage with the various social channels associated with WSM. Holding and trading WSM tokens also make participants eligible for this enticing airdrop opportunity.

What Makes Wall St Memes Stand Out?

Wall St Memes stand out due to several compelling factors. Firstly, it boasts a robust and highly engaged community across various social media platforms. This vibrant user base serves as a solid foundation for rapid growth and expansion. Additionally, the project’s previous interaction with Elon Musk adds an extra layer of credibility and recognition, potentially shaping the trajectory of this meme coin significantly.

The presence of such a large and engaged community also increases the likelihood of Wall St Memes being listed on prominent tier 1 exchanges. Such a listing holds immense significance for future growth and visibility in the cryptocurrency market.

With the way things are going, WSM could very well become the token that represents the meme coin market and perhaps even something more. There is a certain X factor with this meme coin, one that hasn’t ever been seen before.

You might think that it’s all just memes, but crypto investors at large know that there’s something more special when it comes to certain meme coins. WSM oozes this trait and it’s why everyone is pouring funds into it.

Why Does WSM Exist At All?

Wall Street Memes have emerged as a unique community and platform originating from the GameStop controversy and the Wall Street Bets movement. It seamlessly combines elements of internet culture, meme-based humour, and the financial world. The primary objective of Wall Street Memes is to satirize and mock the traditional financial system while allowing individuals to participate in cryptocurrency investments, specifically focusing on meme coins.

In a creative representation of the movement, Wall Street Memes introduces its own cryptocurrency, the WSM token. This token serves as a gateway for individuals to engage in speculative investments reminiscent of those observed on Wall Street, albeit with a humorous and irreverent twist. By becoming part of the Wall Street Memes community and investing in WSM, individuals can demonstrate their support for the movement and potentially generate profits from meme-based cryptocurrencies.

HANKEY is Another Meme Coin to Watch Out For

There’s another meme coin that’s been making the rounds, and it’s Mr. Hankey Coin (HANKEY). This token’s presale astonishingly sold out in 12 hours and has already been listed on DexTools. We highly recommend that you take a look at this one as well.

While you may not be able to get it in a presale, you can still find it on DexTools. This is another token that is poised for great growth in 2023. This year is turning out to be a wild one for meme coins!

Conclusion

We don’t know if there’ll ever be another token like Wall St Memes. With the way investors are purchasing WSM in the presale, they seem to think the same too. If it’s a token that you fancy adding to your portfolio, consider checking out the presale before the prices go up.

Crypto Pulpit