It's not often a project comes along with the potential to significantly disrupt an entire crypto industry vertical, but the Wall Street Memes ($WSM) token presale, inspired by the Wall Street Bets Movement and top NFT project, is doing just that.
With the promise of a complete shake-up of the meme coin vertical, Wall Street Memes is garnering substantial attention from retail investors worldwide.
Wall Street Memes is indeed not just any meme community, boasting an engaged audience of over a million across various social platforms including Twitter, the community's relevance and reach have even caught the eye of billionaire innovator Elon Musk.
The presale for their token, $WSM, has already soared past the $1.3 million mark in less than a week, with investors racing to secure their stake in what could be the next big meme coin.
Priced currently at $0.0259, investors have an exclusive window of opportunity to capitalize on the next price increase to $0.0262 as the presale proceeds.
The rate at which tokens are being scooped up is staggering, with daily figures exceeding +$300,000.
This rapid uptake implies that early investors could be sat on over 30% paper gains by the end of the presale, with further price appreciation expected once $WSM gets listed on major exchanges later this year.
This is not the first time Wall Street Memes has made waves in the digital asset markets.
The group's Wall Street Bulls NFT collection sold out in a mere 32 minutes, netting a cool $2.5 million.
Born from the retail investor uprising against institutional dominance, Wall Street Memes has turned this sentiment into a brand, tokenizing the movement with the $WSM token.
But there's more to the $WSM token than meets the eye - this coin is not merely a
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