Despite crypto crash Wall Street Memes Coin raises $25M with pre-sale – CEX listing announced – Coincierge.de
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Despite the current crypto crash, Wall Street meme coin WSM has managed to raise $25 million for a capital raise. Today, the team officially announced their new staking service, and announced the top-tier listing on September 27. Inspired by “meme stocks” (penny stocks) and driven by the community, the Wall Street Memes Coin WSM is currently about $900,000 away from entering the final phase of the 30-stage pre-sale. Now that the deadline is approaching, pre-sales are accelerating accordingly.
If you want to enter one of the biggest pre-sales of 2023 now, you should definitely not waste time. Wall Street Memes have raked in more than $350,000 in the last 12 hours — and only 40 days to the official CEX listing. The Wall Street Memes Staking Service is also growing rapidly. Investors have never invested 7% of the pre-sale allocation of 1,000,000,000 tokens (representing 50% of the total token supply).
Buy WSM now and get up to 283% APY on unlocked coins
According to WSM’s staking board, stakers can currently generate 283% annual returns. At the time of writing, the total staking pool is 70,534,061 coins. However, that number could quickly increase to include most of the pre-sale supply, as investors now naturally seize the opportunity to lock in returns.
Twenty percent of WSM’s total token supply is reserved for staking rewards (400,000,000). This is part of the 30% blocked for Community Rewards. While the APY will drop as more coins are invested in the smart contract, it will likely be in triple or high double digits when it launches. This is another good argument for investing in the WSM token.
Staking only launched on Thursday, but observing community members noticed it was available two days ago as part of a secret rollout. The importance of staking cannot be overstated. Staking should positively impact the ownership of the coin, as it offers a passive income opportunity.
Staking is designed to help make Wall Street memes crash-proof
At the same time, the equity tied to the coins ensures price stability by resisting selling pressure when WSM launches on major centralized crypto exchanges (CEXs) in September. This fact is not based on any speculation, but real experience in the market with btc20.com, one of the new “Version 2” coins focusing on staking similar to WSM. BTC20 is a “Version 2” coin launched directly on the DEX with a maximum supply of 21 million coins (same as Bitcoin), offering investors a win-win model that fits the BTC block generation schedule that has been replicated since 2011.
The Blind Side 2 with SBF and Bernie Madoff pic.twitter.com/kw2AhRglVN
— Wall Street Memes (@wallstmemes) 17 August 2023
BTC20 is up 80% since its launch a little over a week ago and has not seen any negatives in the current crypto crash. Shortly after the launch of staking, Wall Street Memes announced today that the CEX listing on major trading venues has already been approved – very welcome news that further strengthens FOMO for WSM token holders.
community oriented
The number of the Wall Street Memes community is about 1 million people. Among them are many savvy small investors. As a result, Wall Street Memes emerged as a warrior for the retail investor in the meme stock movement in 2021.
The Wall Street Memes Coin pre-sale is one of the biggest fundraising events in the crypto market this year. Behind it is the team behind the one million member Wall Street Memes Community, one of the most influential communities for retail investors on the internet. The Wall Street Bets Instagram account alone has 534,000 followers and 260,000 followers on X (formerly Twitter). Two other Instagram channels, wallstgonewild and wallstbullsnft, also have more than 100,000 followers. Also in May of this year, the team released the Wall Street Bulls Ordinals NFT Collection.
The makers of Wall Street memes are no strangers to the crypto and NFT universe. The team released the hugely successful Wall Street Bulls NFT collection, limited to 10,000 pieces, in 2021. This collection brought in $2.5 million and sold out in 32 minutes.
So, as more products are released under the Wall Street Memes brand, “King of Stonks” may become the “King of Meme Coins”, further enhancing the utility of win-win community money. In addition to the existing brand Wall Street Memes, which is currently popular with retail investors, the crypto project has another advantage that other memes lack: verifiable legitimacy. When a multi-billionaire like Elon Musk engages with your Twitter feed (now renamed X), you know you’re up for it. This is exactly what happened at WSM, as evidenced by some of Musk’s posts on the @wallstmemes Twitter feed:
Really
— Elon Musk (@elonmusk) March 18, 2023
😂
— Elon Musk (@elonmusk) April 22, 2023
When it comes to influencing the course of meme coins, there’s probably no one greater than Elon Musk. By the way, this may be another reason why the Wall Street Memes token presale is such a big hit right now.
Sources report that Wall Street Memes is working on a mystery product
Wall Street Memes is approaching its $30 million goal and has blocked 30% of its community reward tokens. However, these are not limited to staking only. According to internal sources, the team plans to launch a major product before or shortly after the coin’s listing.
The purpose of the Wall Street Memes coin is none other than to monetize the social movement coordinated on the sub-reddit WallStreetBets where Wall Street competes and wins. Now Wall Street Memes are bringing that same bold spirit to the crypto universe.
Wall Street Memes – the fairest pre-sale in the crypto universe
Wall Street Memes isn’t just the biggest pre-sale of the year, it’s also one of the fairest. Fifty percent of the 2 billion token supply is available for pre-sale: 30% for community rewards, 10% for CEX liquidity and 10% for DEX liquidity. With the launch of the staking utility for WSM, token holders will be rewarded for their early participation in the project.
If it hasn’t yet, Wall Street Memes could become even more of a magnet for sophisticated crypto investors looking to diversify their portfolios and reduce capital risk – a passive income tool like Wall Street Memes could be ideal for meeting their investment goals.
Wall Street Memes and Crypto Analysts
The appeal of the Wall Street Memes brand and the continued success of the pre-sale may mean that the coin is one of the best coins even before it’s officially released. Crypto experts agree on the bullish forecast for the Wall Street Memes coin. Crypto Faro, a YouTube crypto analyst with 58,000 subscribers, calls $WSM a Shiba Inu killer, but some might say that the disastrous launch of the Shibarium Layer 2 mainnet by the SHIB team has dealt the death blow to the coin.
Next up is YouTuber Joe Parys, who has 380,000 subscribers. He tells his audience that Wall Street Memes Coin could be worth 100 times crypto. Michael Wrubel, another analyst, this time with 310K subscribers on YouTube, has already invested in WSM.
Hardworking crypto pre-sale watcher and expert Jacob Crypto Bury thinks Wall Street Memes could be the best cryptocurrency to buy and it will only take six weeks for the coin to be listed on top exchanges. For still others, WSM could be the next Pepe coin as it can monetize the meme stock movement.
It’s not just in the YouTube world where Wall Street memes are making waves. Just take a look at news from Coingape, Cryptopotato, Analytics Insight, U.Today, Outlook India, Finbold and The Coin Republic. Given the marketing offensive that Wall Street Memes is waging at this relatively early stage of the roadmap, and the coin’s growing utility, the pre-sale may soon run out.
Buy Wall Street Memes Token and participate in 50k Airdrop
WSM can be purchased with ETH, BNB or USDT (ERC-20 or BEP-20) over the Ethereum blockchain and BNB Smart Chain. If you want to enter now, you must buy with ETH. You can also purchase with a credit or debit card. No matter how you decide to buy the coin, be sure to do your own research beforehand and invest only as much as you can afford to lose. All potential buyers have to do is link their crypto wallet to the wallstmemes.com website. Then you can buy the tokens. After that, you can enter the Wall Street Memes Contest, where five lucky meme coin enthusiasts can take advantage of a $50,000 WSM airdrop. Existing WSM Token holders can click the button on the Wall Street Memes Linktree page to complete the airdrop qualifying steps.
Wall Street memes, the king of stones, could become the king of a new meme coin category with a solid utility. It’s not too late to join PreSale.
Last updated August 18, 2023
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