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New Meme Coin Wall Street Memes Reaches $15 Million in Presale – Could It Be the Successor to Pepe?
The meme coin sector has surged in popularity over the last two months, with Wall Street Memes ($WSM) becoming one of the most discussed projects in this arena.
This community-driven meme token has successfully raised over $15 million during its presale phase, underscoring the significant demand from retail investors.
With this demand showing no signs of abating, some are speculating whether Wall Street Memes ($WSM) might emulate the success of Pepe ($PEPE) and achieve substantial returns.
Wall Street Memes Team Utilizes Industry Knowledge to Introduce $WSM
Since the commencement of its presale phase at the end of May, Wall Street Memes has quickly garnered attention in the meme coin market.
Having raised over $15 million in its presale, the project’s successful initiation reflects the considerable community support already established.
Even as it enters a crowded meme coin market, where numerous new tokens are introduced weekly, $WSM has positioned itself as a strong contender to become the next $PEPE.
Notably, Wall Street Memes is being developed by the creators of the highly sought-after Wall Street Bulls NFT collection, which sold out in just 32 minutes in 2021.
The creators are now applying their expertise and knowledge of the digital asset landscape to launch $WSM, enabling holders to gain financial exposure to the expansion of the Wall Street Memes brand.
Currently, Wall Street Memes’ presale is in Stage 23 out of 30, with $WSM tokens available for only $0.0316.
This stage-based structure means the price of $WSM will rise between stages, encouraging potential investors to act quickly to secure the lowest entry point.
Excited Community & Anticipated Exchange Listings Boost $WSM Demand
A significant factor propelling demand for $WSM is the project’s already-formed community of “degens.”
This community consists of over 1.1 million individuals across various social media platforms.
For instance, Wall Street Memes’ Twitter account has 253,000 followers, while the official Instagram account boasts an audience of 534,000.
This support has contributed to the Wall Street Memes’ presale becoming an immediate success, with daily investments exceeding $300,000.
Given the excitement surrounding $WSM, some speculate it could be a strong candidate for major cryptocurrency exchanges, including Binance.
While this remains speculative, the Wall Street Memes’ team has indicated that $WSM will be listed on both CEXs and DEXs following the conclusion of the presale, although the names of these exchanges have not yet been disclosed.
With 50% of the total $WSM allocated for presale investors, it is evident that early supporters are being granted a substantial share in the project’s future.
This distribution approach not only reinforces the community-focused strategy of the creators but also reflects their confidence in $WSM’s potential success post-exchange listings.
Wall Street Memes’ Ambitious Roadmap Draws Influencer Interest
As part of Wall Street Memes’ marketing efforts, the team has initiated an airdrop campaign for presale participants.
This campaign will distribute a total of $50,000 worth of $WSM among five fortunate winners.
To participate in the draw, interested individuals must join the official Wall Street Memes Discord server and complete several simple tasks related to the project’s social media channels.
In addition to this airdrop initiative, Wall Street Memes’ team has outlined an impressive roadmap in the project’s whitepaper.
This roadmap includes plans for high-profile influencer collaborations, global awareness initiatives, and an exclusive “gated community” for $WSM holders.
Moreover, the developers aim to achieve a $1 billion market cap with $WSM in the future.
While this objective may appear ambitious, Wall Street Memes’ early presale achievements and skilled team suggest it has the potential to ascend to the upper echelon of meme coins.
Wall Street Memes is already making strides toward broader recognition, capturing the interest of notable influencers.
On July 12, YouTuber Michael Wrubel shared a video with his 310,000 subscribers, expressing his enthusiasm for $WSM and noting his investment in the presale.
With considerable interest already evident, Wall Street Memes possesses all the elements to become a significant player in the meme coin sector.
Visit Wall Street Memes Presale
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