Many projects in the cryptocurrency industry became popular thanks to the support of Ilon Musk. It is enough for the influential entrepreneur to leave an insignificant comment, make a repost or put a “like” on Twitter to create a stir around this or that asset.
The company’s new Wall Street Memes meme was no exception. After Musk posted the WSM blog post to his profile, the pre-sale rate increased several times.
The $WSM token was released on May 25, 2023. In a fairly short period of time, it demonstrated excellent results, collecting more than $1.2 million.
Experts attribute the success of the project to the presence of great experience of the development team. WSM is well known in the market thanks to a high-profile deal to sell an NFT collection worth $2.5 million.
Analysts also note the tokenomics of WSM. The company has issued a total of 2 billion meme coins. Of these, 50% of them can be purchased by investors in the presale. The remaining half was decided to be divided as follows: 30% of coins will be used as a reward for users, 20% will be equally distributed on centralized and decentralized cryptocurrency exchanges.
Wall Street Memes offers investors a new lucrative deal. You can buy the cryptocurrency during the third phase of the presale for $0.0256. You will need a cryptocurrency wallet (with ETH, BNB or USDT) or a bank card.
Pros of the project:
- The project’s long-term viability is due to the support of the community and Ilon Musk;
- all issued tokens will be sold among common buyers;
- investors get a promising product from a well-known company for little money.