The cryptocurrency realm has achieved more revolutions and innovations with crypto tokens within a short time. One of the best-ever things that happened in the token revolution is that they are now used in the metaverse and web3 platforms. Recently, one such meme token that has gained the attention of investors is Wall Street Meme Token. The craze for these tokens is seen through its airdrop data.
Within the pre-sale launch of 10 hours, the Wall Street meme tokens have been completely sold out. Every crypto investor and Crypto user was speechless by this drastic selling rate. Also WSM Token is poised to become one of the profit-reaping tokens of the year 2024. In addition to these, the development team of the Wall Street Meme oken boosted the fundamentals and community building. This has resulted in the long-term success of the Wall Street meme token.
As a potential startup or a crypto investor who wants to know more about this token, then take a look at this blog. This is a complete guide that illustrates Wall Street meme tokens.
What is a Wall Street Meme Token?
The Wall Street Meme token is a potential crypto token built on the Ethereum blockchain. This token’s presale commenced in May this year through the Wall Street Bulls NFT collection. Within minutes, the presale had raised to $100K which made this token an unbeatable one. Within 24 hours, the Wall Street community collected $250K and $500K in the first 48 hours. This is because, previously the token’s community had their own NFT collection in the year 2021.
Those NFTs and their collections have sold for $2.5 million for their founders. With this as a foundation, the Wall Street community has launched these ERC20 Wall Street Meme tokens in the Ethereum blockchain. As they have enough followers on social media platforms, the presale made history in the crypto market.
Through this massive response to the Wall Street meme tokens, many had the biggest question…
Is Wall Street Meme Token a Good Investment?
After the Dogecoin, Pepe coin, and Shiba Inu, the Wall Street Meme (WSM) tokens prevailed and created massive hype among crypto investors. As per various price predictions, the Wall Street Meme token would reach $0.06 at the end of 2023. This may or may not vary. Additionally, the meme token is adaptable to technologies, so the price may rise higher day by day. It may reach up to $0.15 at the end of 2025. Compared to other crypto meme tokens, the WSM tokens had peaked in its airdrop itself. Hence, the need and demand for this special token are greater among newbie investors and crypto users.
Thus, holding a WSM token would reap profits and fame. Without any doubt, you can buy those tokens at this early stage. Soon, these tokens would make massive history in their upcoming presales and airdrops. However, you may have a question,…
How have Wall Street Memes Become So Popular?
Earlier, this Wall Street Meme token’s Twitter profile received tweets from Elon Musk. This is a live proof of this token’s popularity and craze. Each tweet on the WSM token’s Twitter page is getting 100K views within a few minutes.
This is the first and foremost factor of the WSM token’s popularity. WSM tokens are popular as the founders already possessed an NFT collection of up to $2.3 million. Also, they hold a strong Twitter page with millions of followers. This has become the foundation stone for introducing these Wall Street Meme Tokens. Although the tokens are in the presale phase, they have nearly collected $17 million.
This added like a cherry on the cake top, where investors began to invest more and more. These factors made the token get more potential investors, crypto whales and users’ attention. However, investors are getting confused regarding the WSM token’s price predictions.
Factors influencing WSM Token Price Prediction
The price of the Wall Street Meme tokens can fluctuate according to various factors. Some impact and influence the price of those WSM tokens and the token’s price prediction.
Team’s portfolio
The WSM token’s developer team is the foremost reason for the price fluctuations. Based on their marketing, promotions in social media and reputation the token’s value can be changed.
Supply and Demand
As per the CEX and DEX crypto market, the supply and demand for the WSM tokens are calculated. When the tokens have potential, the demand for those tokens will range high. Through this, the price can fluctuate.
The above-mentioned are the important factors that are responsible for the price changes of the Wall Street Meme Tokens. Apart from these, community building, the crypto token bull market and others, the prediction of price also plays a vital role. Hence, investors are showing more interest in buying those WSM tokens in bulk. Next, we shall see about the…
Wall Street Meme Token – Road Map
If you are also showing interest in buying the Wall Street tokens, then it is essential to know about their road map. This helps you to invest in the WSM tokens wisely. The roadmap of the WSM tokens is not a big deal. Like other meme tokens, the WSM tokens also possess a three-phased roadmap.
- In the first phase, the smart contracts are developed to ensure transparency and trust. Marketing and branding are done to get the attention of investors and crypto users.
- In the second phase, the WSM tokens are launched. Collaborations and partnerships will also take place. Once the token sale is completed, the tokens are listed on popular CEX and DEX platforms.
- At last, the community or ecosystem of the tokens is enhanced through various marketing and branding strategies.
This is the complete roadmap of the WSM tokens. As the Wall Street Meme tokens are presently in the presale phase, it has nearly collected 17 million dollars. The CEX and DEX listings of these tokens have also been completed. But, you may ask…
How To Buy a WSM Token and Where To Store?
The WSM tokens are available in popular centralized and decentralized platforms. As per the supply and demand, the WSM token price can be varied accordingly. The Wall street Meme tokens can be traded in popular exchanges like Binance, Uniswap, and Sushiswap.
As the WSM token is an ERC20 token, you can store it in any of the non-custodial wallets like Metamask, MyEtherwallet and others. Be sure that your wallet supports ERC20 tokens.
Future Trends and Opportunities
As mentioned earlier, the Wall Street Meme tokens have nearly collected 17 million dollars in its presale itself. From this, it is evident that investing in Wall Street Meme tokens would be a long-term investment. But, if you are a potential startup thriving for success in the crypto space, then develop your own token with unique features and functionalities. For creating an ideal crypto token, you can either approach a freelancer or a Crypto Token Development Company. When you approach a crypto freelancer, you are not sure about their expertise in token development.
The WSM token is one of the trending tokens that needs a careful development process and knowledge. So, in regard to sorting out these problems, it is better to approach a Crypto Token Development Company. They have a skilled set of developers and experts who have decades of experience. So, choose the best development company as per your business needs and requirements.
Wrapping Up
Coinsclone is a leading Ethereum Token Development Company where we excel in creating crypto tokens. Our developer and expert team have completed numerous projects with client satisfaction. With our crypto token development services, many startups have achieved success and reaped huge profits in the crypto field. If you are also an enthusiastic startup, then contact our expert team.
For your reference, our developer team will offer you a live demo. In the live demo, you can get a clear idea about your crypto token development. Are you wondering how much the demo would cost? Our live demo is completely free of cost. Once you are satisfied with the live demo, involve yourself in the Token development process.
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