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The crypto currency Elon Musk attracts attention after Dogecoin and Shiba Inu: what is Wall Street Memes token, how to buy?

  • July 3, 2023
  • 0

The number of cryptocurrency projects developed as an alternative to the functioning of the global economy does not exceed the finger of one hand. Projects targeting big investors

The number of cryptocurrency projects developed as an alternative to the functioning of the global economy does not exceed the finger of one hand. Projects targeting big investors eventually get indexed back to the global financial system, and small investors lose money or can’t make big profits. In this article, we talk about a community project, Wall Street Memes Token, which aims to solve this problem of the small investor in a fun way.

This project, which also drew attention to Elon Musk in March 2023, aims to join forces with small investors to challenge the heavyweights of Wall Street, the largest stock market in the world. For those looking to buy Wall Street Memes tokens, it should be noted that this project was inspired by the events that took place in the r/wallstreetbets community on Reddit, proving that small investors can shake up the world stock markets when organized. As the name suggests, it is also a meme cryptocurrency just like DOGE, SHIBA or FLOKI.

What is the Wall Street Memes Token (WSM)?

Wall Street Memes token can be defined as an ERC-20 based community project that aims to grow with small investors. WSM, whose total supply is limited to 2 billion units, is currently only available for purchase through official presale and is not listed on any major cryptocurrency exchange.

The meme criticizing the Wall Street stock market on social media, i.e. most caps in Turkey, are the product of this community. The goal of the community is to create an identity that represents the small investor attitude, thus organizing the small investors who take a stand against the big balls of Wall Street around its own token.

How do I buy Wall Street Memes Token (WSM)?

  • Step 1: Go to WSM official sales page,
  • Step 2: Choose one of the ways to shop via ETH, BNB, USDT or card,
  • Step 3: Type the desired amount of WSM,
  • Step 4: You can complete the purchase through your MetaMask, Wallet or Wall Street Memes account.
    • Whichever tool you use, the more WSM transfers will be made to your digital wallet on that platform.

Let’s remind those who want to buy Wall Street Memes tokens that as of July 3, 4:00 PM CET, there are 9 hours left until the end of the WSM pre-sale and the price of WSM is increasing at every stage. For this reason, the sooner the investors buy, the higher the profit they can make in the possible increases in the future.

The Wall Street Memes Token (WSM) is already starting to achieve major goals:

Wall Street Memes token, which as of June 2023 managed to exceed the market value of USD 2 million; It has now raised more than $12 million in support. Moreover, it is interpreted as still in its infancy. It seriously competes with meme coins, the favorites of the internet world, especially investors who follow the markets and are active users of social media. In the bull market, which is expected to be experienced in late 2023 and early 2024, it is one of the breast projects that investors have high hopes for.

Elon Musk also frequently interacted with Wall Street Memes:

Elon Musk, whose attitude towards the cryptocurrency markets is well known, has supported projects such as DOGE and SHIBA from time to time. Those wanting to buy Wall Street Memes tokens sprang into action after Musk’s interactions. Although he has been criticized as a market manipulator, Elon Musk, who actively uses his Twitter, is a name closely followed by small investors looking to make high profits in a short period of time.

Musk, who interacted with the Wall Street Memes Twitter account, one on March 18 and the other on April 22, 2023; In this way, it also greatly contributed to the popularity of the project. Of course, Musk did not take a step directly announcing his support for this project, but even this interaction of his own was enough for WSM to reach high values ​​in a short time. Those who discovered this cryptocurrency before Musk could make a profit this way.

Musk’s presale, which started after interactions, sold for $250 thousand on the first day and $500 thousand on the second day:

WSM continued on its way and soon surpassed its market value of $1 million and then $2 million. What is certain is that this value will rise much more if it is listed on the stock exchange, and we will also talk more about the Wall Street Memes token after a possible Musk tweet.

The following sentence on the project’s official website adequately explains the project: “Wall Street Memes symbolize the movement of small investors against Wall Street’s planned monopoly in the financial markets. Another project of the group was the NFT project called Wall St Bulls, which was launched in 2021 and sold out in a short time.

Differences from the Wall Street Memes token (WSM) project by DOGE, SHIBA and FLOKI:

The meme culture on which the other 3 projects are based is not as entrenched as the Wall Street Memes token. This shows that communicating on behalf of DOGE, SHIBA or FLOKI, i.e. reaching small investors, is more difficult than WSM. However, the WSM community has an effect that will activate Elon Musk with the shares shared on social media.

Of course, other meme cryptocurrencies have achieved enough popularity, numbers of investors, and trust so far. WSM is a project that is currently in its infancy compared to them as they are all listed on major cryptocurrency exchanges. So much so that you need a wallet account or MetaMask or Wallet accounts right on the project page to purchase. This makes it difficult to access the cryptocurrency in question.

FLOKI usually cooperates with corporate social responsibility projects or sports clubs such as Fenerbahçe. The DOGE and SHIBA community, on the other hand, are very close to each other and only strive to maintain their current volume since the excitement created by Musk and to regain the values ​​​​reached in the bull seasons. For this reason, for those looking for a good meme cryptocurrency alternative, WSM stands out as a good alternative to the big memes on the market.

Wall Street Memes token (WSM) benefits:

  • There is a very good motivation behind it that can motivate small investors, we remember that of the r/wallstreetbets events.
  • He regained confidence by raising $12 million in support in a short period of time.
  • Since it is quite strong on social media, it has a very high potential to reach investors and collect demand.

Cons of Walls Street Memes Token (WSM):

  • It has an anonymous team, which can make it difficult to find a contact.
  • It has not yet received support from an official exchange.
  • Although he gets Elon Musk’s interaction support, he may one day lose trust with a negative statement.
  • It is very difficult to follow the legal process in case of possible complaints about the regulations or legal infrastructure in Turkey.

You can participate in the presale of Wall Street Memes tokens here, if you want, the project is extremely fun. tweetYou can follow their Instagram pages, join Telegram or Discord communities.

#Partnership

Source: Web Tekno

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