There are only four days left to buy the Wall Street Memes token on presale and six days left until it is listed on tier-one exchanges.
Wall Street Memes has fared one of the most in-demand presales of 2023, raising over $25 million since launching in May. As such, the team has secured multiple tier-one exchange listings, giving rise to significant price potential, with some traders speculating about a potential Binance listing.
The project has a prominent online community comprising over one million social media followers and has even received support from Elon Musk.
Traders Hail Wall Street Memes as the Next Pepe
Considering its wildly successful presale, it is no surprise that top crypto analysts are proponing Wall Street Memes as the next crypto to explode. One analyst who goes by CryptoZeus even called Wall Street Memes the next Pepe.
The CoinCodex YouTube channel also shares this sentiment, issuing a video comparing Wall Street Memes to Pepe and Shiba Inu.
Analysts are speculating Wall Street Memes could be the next SHIB or PEPE because these coins exploded on the back of Binance listings in 2021 and 2023, respectively.
While it remains to be seen which tier-one exchanges Wall Street Memes will be listed on, at least one trader believes that Wall Street Memes has secured a Binance listing.
Another factor driving comparisons is that Wall Street Memes also boasts a vast community, providing massive potential to explode.
Staking Functionality Provides 57% APY
The Wall Street Memes team recently released staking functionality, enabling holders to generate passive rewards on their $WSM tokens.
According to the Wall Street Memes staking dashboard, the current annual percentage yield is 57%. This is a considerable yield, considering Ethereum staking offers a 4% APY and is far more complex to get started.
Wall Street Memes has a total supply of 2,000,000,000, of which 20% has been allocated to staking rewards. A further 10% is attributed to other community rewards, 50% for marketing, and 20% for exchange liquidity.
The project’s staking mechanism is a massive advantage for Wall Street Memes’ price potential. It incentivizes long-term holding while reducing the token’s sell pressure.
Currently, over 30% of the $WSM presale supply is staked.
Even Elon Loves Wall Street Memes!
While its tier-one exchange listings and lucrative staking rewards are the latest draws, one of its long-standing claims to fame is that Elon Musk has engaged with the Wall Street Memes X (formerly Twitter) several times.
Considering the multi-billionaire tech mogul’s influence on the Dogecoin price in 2021 and his newfound position as the owner of X, his support of Wall Street Memes undoubtedly bolsters the project’s price potential.
Visit the Wall Street Memes Twitter account to stay updated.
Generous Community Rewards to Incentivize Its One Million Followers
Wall Street Memes launched in 2021, inspired by the Wall Street Bets and GameStop saga. The team saw how retail investors united to defeat exploitive institutional investors and wanted to support the movement.
Initially, the team began posting crypto and stock memes to social media, later becoming known as the “King of Stonks.” Yet soon after launching, it released the Wall St Bulls NFT collection, which sold out in 32 minutes after raising $2.5 million.
Since then, the project has amassed a formidable online community of over one million followers across its social media accounts. This is the primary reason the presale has been so successful, raising over $25 million.
One of the ways the team promoted presale participation is through community rewards. Currently, the project is running an airdrop with $50K to be split between five lucky degens.
Participants get up to seven entrees by completing simple tasks like joining the Wall Street Memes Telegram.
However, with just five days left until the presale ends, investors must act quickly to be in with a chance of winning their share of $50K and grabbing $WSM before it potentially explodes.
Visit Wall Street Memes Presale
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