Wall Street Memes, one of the most popular retail investing communities on the internet, has recently launched a new presale of its associated $WSM token. The new presale has raised close to $5.0 million in just 12 days, surpassing the successful mint of the Wall Street Bulls 10,000 piece NFT collection in 2021, 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.
Wall Street Memes has a social community of 1 million-strong degens, including 523k hyper-engaged community members on its wallstbets Instagram account, 214k on Twitter, and more than 100k across its two other Instagram channels, wallstgonewild and wallstbullsnft. The analysts predict that the $WSM token will be listed on tier 1 crypto exchanges like Binance.
The Potential of $WSM Meme Coin
The $WSM token is available in the presale, with 50% of the token supply, 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. The first $WSM airdrop is now open. To be eligible to receive the drop, join the Discord, connect socials, engage on socials, buy and trade $WSM.
To buy $WSM tokens, one will need ETH, BNB or USDT (ERC-20 or BEP-20 versions accepted) in their crypto wallet. Simply connect at the website to make the purchase.
Given the size of Wall Street Memes’ army of dedicated degens, analysts predict huge things for the $WSM token. Some influencers are predicting even bigger gains for Wall Street Memes. Crypto Gains, a popular British presale analyst with over 100,000 subscribers on YouTube, thinks $WSM has the potential to 100-1,000x.
Other influencers such as YouTube crypto influencer Michael Wrubel and Clinix Crypto, a crypto YouTube influencer with nearly 30,000 followers, think that $WSM has the makings of a 100x cryptocurrency. Furthermore, a host of other YouTube crypto influencers have also touted the project as having a lot of potential, including Crypto ZEUS, Oscar Ramos, CryptoTV, Goalorious, Crypto Costa, and Alessandro De Crypto.
Wall Street Memes has launched the $WSM token with a presale that has already raised close to $5.0 million in just 12 days. The $WSM token is expected to be listed on tier 1 crypto exchanges like Binance. With the size of Wall Street Memes’ army of dedicated degens and the potential of $WSM meme coin, analysts and influencers predict huge things for the token.