Meme cash are overturning the crypto market with huge value actions, particularly as memes go viral as a number one technique of interplay and communication.
The worth of meme content material has surged over the previous months as a number of new initiatives hit the market, offering traders with huge returns.
These examples embody Dogecoin, Shiba Inu, the all-viral Pepe Coin, and SpongeBob Token.
Nevertheless, one other new meme mission has emerged, poised as the head of meme tradition.
With hundreds of natural followers on Instagram and Twitter, this mission, Wall Avenue Memes ($WSM), plans to take over the meme ecosystem.
Wall Avenue Memes presale has raised $100,000 simply minutes after launch. Is that this the subsequent Pepe Coin?
What Are Wall Avenue Memes?
Wall Avenue Memes is a meme mission launched on Could 25, 2023, by the Wall Avenue Memes Motion.
The mission goals to tokenize the meme motion leveraging the success of web tradition over capitalism.
Additionally, WSM goals to permit strange individuals to get wealthy by holding no-utility meme cash.
As Gordon Gekko stated within the 80s, whereas getting wealthy off ineffective shares: “Greed is sweet,” the WSM military desires to show that greed is, certainly, excellent.
Like most meme cash, WSM has no utility. However it’s backed by an unlimited meme motion. It’s an extension of the Wall Avenue Meme Platform.
WSM permits its group to get wealthy whereas having fun with top-tier meme content material created by the Wall Avenue Memes crew.
WSM Tokenomics
Wall Avenue Memes is an ERC20 token with a tough cap of $30,577,000 and a complete provide of two,000,000,000. The mission crew reserved 50% of the full token provide for presale.
Wall Avenue Memes’ governance is very centralized, as 100% of the token provide is out there to the group.
Of the remaining 50%, 30% is for group reward, 10% for CEX liquidity, and 10% for DEX liquidity.
Can Wall Avenue Memes (WSM) Observe The Pawprints of Dogecoin And Pepe Coin?
Wall Avenue Memes has gained surprising recognition from outstanding figures like Elon Musk, the meme coin maker and slayer. Elon Musk lately retweeted the mission.
Musk’s tweets had been the very best contributor to Dogecoin’s recognition.
Dogecoin first got here to the limelight after Elon Musk’s tweet and continued hovering following a number of remarks by the billionaire entrepreneur.
The identical might occur to Wall Avenue Memes.
Furthermore, WSM raised over $100,000 a couple of minutes after launching its presale stage one.
There are 30 presale levels, and the value would enhance as every sells out.
It’s price noting that the $WSM value would enhance by 100% by the top of the presale. Traders can leverage early hen pricing earlier than the value will increase. At press time, the mission is in presale stage 1.
The token value caps at $0.025 and would enhance to $0.0253 within the subsequent presale stage.
The group should buy $WSW tokens within the presale earlier than the alternate itemizing utilizing ETH, BNB, USDT, or a financial institution card.