Wednesday, August 2, 2023 – A crypto whale has invested $1 million in the Wall Street Memes $WSM presale, powering the new meme coin past its $20 million fundraising milestone.
The mystery whale address purchased $WSM in a series of five transactions amounting to 460 ETH valued at $840,000 executed over a six-minute period.
A further 93 ETH were made from the same wallet two weeks earlier. In total, $1 million has been invested in $WSM by the mystery crypto whale.
$WSM tokens are currently priced at $0.0328; you can buy them in the presale now. In the next stage of the presale, coming soon, the price rises to $0.0331.
The crypto whale purchases are a resounding vote of confidence in the Wall Street Memes and its return on investment prospects.The five whale purchases on Tuesday (August 1) helped push the presale past the $20 million threshold, propelling it toward its $30 million target.
Wall Street Meme’s mission is to bring the meme stocks revolution to crypto and help the little guy take on Wall Street and legacy finance.
That’s a big mission, which is why the Wall Street Memes presale is one of the largest of 2023. With millionaire backers on board, the $WSM presale looks like it will be racing to a sell-out.
Could Elon Musk – who has interacted with Wall Street Memes on Twitter (now rebranded as X) several times – be the owner of the $1 million $WSM stake?
The $WSM crypto whale’s token purchases can be verified on Etherscan.
The same address also bought 93 ETH worth of $WSM two weeks ago.
Wall Street Memes is one of the internet’s most influential retail investing communities.
Its Wall Street Bets Instagram account, for example, has 534k followers. Wall Street Memes can draw on a one million-strong community across various
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