The meme coin market has exploded in popularity in the past two months – and Wall Street Memes ($WSM) has emerged as one of the most talked-about projects in the space.
This community-centric meme token has already raised over $15m in its presale phase, highlighting the huge level of demand from retail investors.
With this demand showing no signs of slowing down, some are wondering if Wall Street Memes ($WSM) could follow in the footsteps of Pepe ($PEPE) and replicate its massive returns.
Wall Street Memes Team Leverages Industry Expertise to Launch $WSM
Since launching its presale phase at the end of May, Wall Street Memes has swiftly turned heads in the meme coin market.
Raising over $15 million in its presale, the project’s successful launch showcases the substantial community backing already in place.
Despite entering a saturated meme coin market, where hundreds of new tokens are launched each week, $WSM has emerged as a promising contender to become the next $PEPE.
Importantly, Wall Street Memes is being developed by the creators of the red-hot Wall Street Bulls NFT collection – which sold out in just 32 minutes in 2021.
Now, the creators are leveraging their expertise and understanding of the digital assets space to launch $WSM, allowing holders to gain financial exposure to the growth of the Wall Street Memes brand.
Wall Street Memes’ presale is currently in Stage 23 out of 30, with $WSM tokens on offer for just $0.0316.
This stage-based setup means the $WSM price will increase between stages – incentivizing would-be investors to act swiftly to obtain the lowest entry point.
Hyped Community & Planned Exchange Listings Fuel $WSM Demand
One key factor driving demand for $WSM is the project’s already-established community of “degens.”
This community comprises over 1.1 million people, spread across several social media platforms.
For example, Wall Street Memes’ Twitter page has 253,000 followers, while the official Instagram page boasts an audience of 534,000.
This backing has helped the Wall Street Memes’ presale become an instant hit, with over $300,000 being invested daily.
Considering the hype around $WSM, some suspect it could be a promising prospect for major crypto exchanges, including Binance.
Although this is currently just speculation, Wall Street Memes’ team has revealed that $WSM will be listed on CEXs and DEXs once the presale concludes – although the names of these exchanges are still under wraps.
Given that 50% of the total $WSM is being reserved for presale investors, it’s clear that early supporters are being given a significant stake in the project’s future.
This distribution strategy not only reinforces the community-centric approach of the creators, but also indicates their confidence in $WSM’s potential success following exchange listings.
Wall Street Memes’ Ambitious Roadmap Attracts Influencer Attention
As part of Wall Street Memes’ marketing strategy, the team has launched an airdrop campaign for presale supporters.
This campaign will see a whopping $50,000 worth of $WSM split between five lucky winners.
To enter the draw, interested parties must join the official Wall Street Memes Discord server and carry out several straightforward tasks related to the project’s social media channels.
Alongside this airdrop campaign, Wall Street Memes’ team has laid out an impressive roadmap in the project’s whitepaper.
This roadmap details plans for high-profile influencer partnerships, global awareness campaigns, and an exclusive “gated community” for $WSM holders.
Not only that, but the developers even aim to reach a $1 billion market cap with $WSM in the future.
Although this goal may seem ambitious, Wall Street Memes’ early presale success and expert team suggest it has the potential to join the top tier of meme coins.
Wall Street Memes is already making progress towards wider recognition, attracting the attention of prominent influencers.
On July 12, YouTuber Michael Wrubel uploaded a video to his 310,000 subscribers, expressing his optimism for $WSM and highlighting that he had invested in the presale.
With significant interest already on display, Wall Street Memes has all the ingredients to become a major player in the meme coin space.
Visit Wall Street Memes Presale
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