Wall Street Memes ($WSM) is one of the best-known meme cryptos this year. The presale that started on May 26th will come to an end in just a couple of days on 25th of September.
It created a lot of hype along the way with heavy crypto media coverage and endorsements from Elon Musk and several popular blockchain analysts. More importantly it raised a significant funding, over $25 million so far and we could expect a few more millions in the final days.
However, despite the large number of investors that already bought the token, there is still a portion left with doubt on their mind about the legitimacy of the project.
We’re here to provide you with accurate information and to try to clear up any questions that you might have before you lose your chance at investing in $WSM.
Let’s dig deeper
What is Wall Street Memes All About: Here’s What You Need to Know
Before we answer the security concerns that you might have, we’ll explain what’s the project all about in case someone lived in a cave for the past few months.
Wall Street Memes carved its niche in 2023, opening doors for those who might have missed previous meme coin opportunities. With its roots anchored in the wildly successful Wall St Bulls NFT collection that saw 10,000 NFTs sell out in a mere 30 minutes on the Ethereum blockchain back in 2021, $WSM is no amateur in the crypto world.
Beyond its rapid NFT sale success, the Wall Street Memes community enjoys a vast and dedicated following, with over a million ardent supporters spanning various social media networks.
This community's reach is so impactful that it has even drawn the attention of influential names like Elon Musk. Such broad-based support uniquely positions $WSM, allowing it to navigate away from the typical "pump and dump".
As for the tokenomics, the team has allocated a total token supply of 2 billion. Half of this is set for the presale investors. The rest is set aside as incentives for its vibrant user base and to maintain exchange liquidity.
The presale went through the total of 29 stages and is now in the final 30th round. On the first day of the presale, WSM raised over $300K alone, which later grew to over $12 million in the first month. Even DOGE or SHIB can’t pride themselves with such massive funding so fast.
That’s why many believe that Wall Street Memes could be listed on tier-1 exchanges like Binance soon after the listing. If that were to happen, we could see WSM explode even 100X in the upcoming period.
Is Wall Street Memes Legit?
Now that you understand the essence of the WSM project, we can begin to tackle your potential concerns with its legitimacy. Here are some of the reasons why investors that poured $25 million into the project believe in it:
Over a Million Supporters Across Social Media & Crypto Influencers are Backing It Up
Wall Street Memes isn't just another name in the vast crypto universe. The project X (previously Twitter) page alone boasts a staggering 275K followers.
Moreover, the Wall Street Memes team isn't new to the game. Their track record speaks volumes, especially with the launch of their gamified NFT collection, the Wall St Bulls, in 2021. This collection was snatched up on OpenSea in just 32 minutes, proving the community's unwavering support.
It's rare for a project to launch with an already-established, passionate community, but Wall Street Memes checks that box.
Token Audit & Large Media Coverage Further Boost $WSM Credibility
Trust in Wall Street Memes isn't just built on word of mouth; it's fortified by rigorous token audits and prominent media endorsements.
Notably, Solid Proof executed a comprehensive audit of the $WSM smart contracts, which the token passed with flying colors.
Additionally, Wall Street Memes has strategically aligned itself with leading crypto and fintech media giants. Esteemed outlets such as BeInCrypto, CoinTelegraph, and even Yahoo Finance have spotlighted the project.
As a testament to its credibility, Wall Street Memes shines as the top-rated new crypto initiative on CoinSniper.net, a platform dedicated to spotlighting audited, bona fide projects.
Such deep investment in outreach and validation makes it clear: Wall Street Memes is committed to long-term legitimacy, not fleeting gains.
The Team Behind the Project Shows Gratitude with a $50,000 Worth of $WSM Airdrop
Recognizing the community's firm support, the Wall Street Memes team is giving back in a grand way with a $50,000 airdrop in $WSM tokens.
They've set the stage for five community members to walk away richer, and participation couldn't be more straightforward.
Begin by following Wall Street Memes on Twitter, engage with their Instagram, and enlist in the $WSM Telegram Channel.
Afterward, verify your token ownership and connect on their Discord Server.
Impressively, the team is reserving not a single token for themselves. Instead, they've earmarked a substantial 30% of all tokens for community incentives.
The momentum behind Wall Street Memes is undeniable, supported by strong community involvement, prominent endorsements, and tangible milestones.
Rooted in its historical achievements and complemented by its current trajectory, $WSM stands out as a distinctive venture in the meme crypto space.
As the presale ends, it's essential for potential investors to be well-informed and consider the wealth of data highlighting its authenticity and potential impact in the market.
As with any investment opportunity, it's crucial to conduct thorough research and exercise due diligence. The Wall Street Memes might be your best chance at becoming a crypto millionaire, but that window will close in just a few days….