Wall Street Memes (WSM) is a meme coin built by one of the biggest meme pages on the internet. Its 2023 presale raised more than $25 million, and its price peaked three days after launch. This guide explains what the Wall Street Memes token is, who made it, how it was set up and what has happened to it since, with every figure checked on 2 October 2026.
The story matters for two kinds of readers. If you hold or are thinking of buying WSM, you will see where it trades today and what the real risks are. And if you plan to launch your own token, you will see which parts of the WSM model worked, which part broke, and what to copy or avoid.
In this guide:
- What Wall Street Memes is, who is behind it and how its tokenomics work
- The full story, from the 2023 presale to the 2024 hack, chain move and OKX exit
- What $1,000 of WSM bought at launch is worth now, in one chart
- How to buy and store WSM today, and how to check you have the right contract
- What founders can learn from WSM before building a community token of their own
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- Meme Power Meets Utility:Fuel your community with real-world rewards and viral potential.
- Fair Launch Ready:Transparent tokenomics designed for growth, not hype.
- Community-Driven:Your holders, your rules — driven by memes, powered by people.
- DeFi Integration:Staking, liquidity, and NFTs — all in one ecosystem.
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What Is Wall Street Memes (WSM)?
Wall Street Memes is a meme coin with the ticker WSM. It grew out of the Wall Street Memes social accounts, which poke fun at big banks, hedge funds and “stonks” culture. The token turns that joke into something fans can hold, trade and stake. It has a fixed supply of 2 billion tokens and no product beyond its brand, its casino and its community.
The token launched in September 2023 as an ERC-20 token on Ethereum. In February 2024, after a hack on its staking contract, it moved to a new contract on BNB Smart Chain at a 1:1 ratio. So today WSM is a BEP-20 token. CoinGecko data shows it traded at about $0.00016 on 1 October 2026, with a market cap of about $318,000.
Here are the key facts at a glance:
| Item | Detail |
| Ticker | WSM |
| Type | Meme coin, community token |
| Chain today | BNB Smart Chain (BEP-20), moved from Ethereum in February 2024 |
| Total supply | 2,000,000,000 WSM (about 1.99 billion in circulation) |
| Presale | 25 May to 25 September 2023, 30 stages, final price $0.0337 |
| Launch | 26 September 2023 on OKX and HTX |
| All-time high | $0.0770 on 29 September 2023 |
| Price (1 Oct 2026) | About $0.00016, down 99.8% from the peak |
| Main use | Staking, WSM casino, airdrops |
The Origin of Wall Street Memes
The Wall Street Memes account started on Twitter (now X) in 2019, the team says. It grew fast during the GameStop saga of early 2021, when retail traders on Reddit’s WallStreetBets pushed up the price of shorted stocks. That fight between “the little guy” and Wall Street became the brand’s whole story.
In October 2021, the same team put out the Wall St Bulls NFT set. The team says it sold out in under half an hour. Then, in May 2023, they launched the $WSM token presale. By then the brand claimed one of the largest followings in crypto, and its own site now speaks of “over 1.1 million” people across its social channels.
How the Wall Street Memes Token Works
Unlike coins with a big tech promise, WSM is honest about being a meme. Its value rests on attention. Still, the team built a few working parts around it, and those parts explain both the early hype and the later trouble.
Tokenomics
The official Wall Street Memes whitepaper splits the 2 billion supply like this:
- 50% presale and marketing: sold to buyers in the presale and used to grow the brand. The 2023 coverage calls it the presale share; the current PDF labels it marketing.
- 30% community rewards: staking rewards, airdrops and contests.
- 10% CEX liquidity: tokens set aside for listings on big exchanges.
- 10% DEX liquidity: tokens paired in swap pools on DEXs.
There was no team allocation in the published split, which helped trust during the presale. On the other hand, half the supply sat with presale buyers who had bought at prices far above where the token would trade.
The Presale
The presale ran in 30 stages. Each stage raised the price a little, so early buyers paid less than late ones, and the final stage price was $0.0337, per ICO Drops. By September 2023 the team said it had raised more than $25 million. That made it one of the largest meme coin sales of the year.
Staking, Casino and Burns
After launch, holders could stake WSM to earn rewards from the community pool. Later, the team opened the WSM casino, where WSM is the main betting currency. The project said it would burn all of the casino’s net gaming profit. In its first burn, on 29 February 2024, the team says it destroyed 100 million WSM, about 5% of the supply. Burning means sending tokens to an address no one controls, which lowers the supply over time.
The diagram below shows how these parts fit together, and the point where the system broke.

Wall Street Memes Timeline: From Presale to 2026
The WSM story has five clear stages. Knowing them helps you judge the token today, rather than through 2023 headlines.
- Presale (May to September 2023): WSM sold out stage after stage on social hype. Most of the money came before any product existed.
- Launch (26 September 2023): OKX listed WSM for spot trading, along with HTX. The price hit its all-time high of $0.077 just three days later, on 29 September.
- Staking hack (January 2024): Attackers used a weak spot at the project’s outside staking provider to reach the WSM staking contract. The team pulled liquidity and paused trading to limit the damage, as The Crypto Times reported.
- Chain move (February 2024): The team issued a new token contract on BNB Smart Chain and swapped old tokens 1:1. They also rebuilt the staking pool and liquidity pool from the old records, per the team’s security update.
- Delisting (November 2024): Trading volume dried up, and OKX delisted the WSM/USDT pair on 7 November 2024 because it no longer met OKX listing rules.
By October 2026, the brand is still active. Its site runs memes, finance news and the casino, with a $1 million WSM airdrop for casino players. The token itself, though, trades in only one thin pool.
Popularity Factors of Wall Street Memes Token
Several factors made WSM one of the most talked-about launches of 2023. First, the brand already had a huge, loyal audience before the token existed, so the team did not need to find buyers from scratch. Second, the GameStop story gave it a clear “us against Wall Street” message that was easy to share.
In addition, the team leaned hard on paid promotion. Paid press releases ran on crypto news sites week after week, and the team says Elon Musk even replied to one of its posts. Finally, the staged presale created urgency. Each price step made waiting feel like losing money, so many people bought early and often.
Is Wall Street Memes Token a Good Investment?
The honest answer, based on the numbers, is that WSM has been a very poor investment for almost everyone who bought it. On 1 October 2026 the price was about $0.00016, which is 99.8% below the September 2023 peak. Its 24-hour trading volume was about $73. That is not a typo: on a normal day, only a few dollars of WSM change hands.
The chart below turns those numbers into money. It shows what $1,000 put into WSM at two key moments would be worth today.

Back in 2023, many sites forecast that WSM would reach $0.14 by the end of 2024 and $0.30 in 2025. Neither came close. So treat any new WSM price prediction with care, because most are written to sell a presale or an exchange account.
Is Wall Street Memes Legit or a Scam?
WSM is not a classic rug pull. The team did not vanish with the money: it launched the token, listed it, ran staking and the casino, and stayed active after the 2024 hack. Even so, “legit” does not mean “safe”. Presale buyers paid far more than the token has been worth for most of its life, and the hack showed that the setup had weak spots.
Rules also matter here. In February 2025, the US SEC staff said in a statement on meme coins that typical meme coins are not securities, so buyers do not get the protection that securities laws give. Meanwhile, the WSM whitepaper itself says it is not meant for a UK audience. In the EU, most public offers of a new token now need a MiCA white paper.
Factors Influencing WSM Token Price Prediction
The price of the Wall Street Memes token can still move, sometimes sharply, because so little money trades. These are the factors that matter most.
Development Team’s Portfolio
The team behind WSM is the biggest single factor. Its marketing, social posts and casino promotions drive almost all demand. When the team pushes a new airdrop or buyback, interest rises. When it goes quiet, the price drifts.
Supply and Demand
Almost the whole 2 billion supply is already in circulation, so there are no big unlocks left to fear. However, demand is tiny. With one main pool on a DEX and no large centralized exchange, a single large buy or sell can move the price a lot.
Purpose of the Token
WSM’s main jobs today are casino betting, staking and airdrops. If the casino grows and keeps burning revenue, supply can shrink. If it does not, the token has little reason to be held.
Market Scope and Constraints
Meme coins rise and fall with the wider market. In addition, exchanges now delist tokens with low volume, as OKX and Gate did with WSM. Without a major exchange listing, new buyers find it hard to reach the token at all.
Road Map of Wall Street Memes Token: Promised vs Delivered
Like most meme coins, WSM published a three-phase roadmap. Comparing it with what happened is the clearest way to judge the project.
| Phase | What the roadmap promised | What happened by October 2026 |
| 1. Foundation | Secure, audited smart contract; community building; marketing; merchandise | Contract and marketing delivered; the staking contract was later hacked through a third-party provider |
| 2. Launch | Token launch, partnerships, DEX and CEX listings, awareness campaigns | Launched on OKX and HTX in September 2023; later delisted from OKX and Gate |
| 3. Community empowerment | Gated community, $1 billion market cap, tier-1 exchange listings | Market cap about $318,000; no tier-1 exchange lists WSM today |
The gap between phase 3 and reality is the main lesson. A roadmap that sets a market cap goal is a hope, not a plan, because no team controls its token’s price.
How To Buy a WSM Token and Where To Trade and Store It
Buying WSM is harder than it was in 2023, because the big exchanges no longer list it. We checked Binance, Bybit, KuCoin, Kraken, MEXC, Bitget, HTX and Gate on 2 October 2026, and none had a live WSM pair. Here is how people buy it now.
- Get a wallet that supports BNB Smart Chain: for example MetaMask, Trust Wallet or a hardware wallet such as Ledger.
- Add BNB for gas: you need a small amount of BNB to pay network fees.
- Check the contract: the current WSM contract on BNB Smart Chain is 0x62694D43Ccb9B64e76e38385d15e325c7712A735. Copy it from CoinGecko or BscScan, never from a chat or ad.
- Swap on a DEX: the main live market is a WSM/WBNB pool on Uniswap V3 on BNB Chain. Set a small slippage limit, because the pool is shallow.
- Store it safely: keep WSM in a wallet you control, and add the token by its contract address so it shows up.
Beware of the old contract: the first WSM token on Ethereum (0xb62e…adef) was replaced in February 2024. Old tokens on that contract are not the same as the current WSM, even if some pools still show them.
What Founders Can Learn From Wall Street Memes
WSM shows both how to launch a token fast and how fast it can fade. If you plan a community or meme token of your own, these are the points worth copying and the ones to fix.
- Audience first: WSM had a huge following before it sold a single token. That is why the presale worked. A token cannot create a community on its own.
- A clear story: “Retail against Wall Street” was easy to grasp and easy to share. Pick one message and stick to it.
- Fair presale design: a staged ICO presale raises money well, but price the last stage close to a launch price the market can bear. Buyers who start in the red tend to sell.
- Audit everything, not just the token: the WSM hack came through an outside staking provider. Every contract that touches user funds, including staking, needs its own audit. Our DeFi staking platform development work treats the staking contract as the highest-risk part of the system.
- Real, lasting use: the casino and its burns gave WSM a job after the hype. Plan that use before launch, not after volume falls.
- Keep liquidity deep: exchanges delist thin markets. Budget for market making and liquidity for at least the first year.
For a step-by-step build plan, see our guide on how to create a meme coin. If you want a launchpad where anyone can start meme coins, a Pump.fun clone script is another route.
How Coinsclone Builds Tokens Like WSM
Coinsclone has built blockchain products since 2018, with 350+ platforms delivered for 200+ clients across 20 industries. As a crypto token development company, we write and test the token contract, the presale dApp, staking and burn logic, and the liquidity setup as one system. We build on Ethereum and its layer 2 networks through our Ethereum token development team, and on BNB Chain with BEP-20 token development, where WSM lives today.
Frequently Asked Questions
What is Wall Street Memes coin?
Wall Street Memes (WSM) is a meme coin from the team behind the Wall Street Memes social pages and the Wall St Bulls NFT collection. It has a fixed supply of 2 billion tokens and is used for staking, casino bets and airdrops. Since February 2024 it has run on BNB Smart Chain.
Who created Wall Street Memes?
The team behind the Wall Street Memes accounts, which started on Twitter in 2019, created the token. The same team released the Wall St Bulls NFT collection in October 2021, then ran the $WSM presale from May to September 2023.
Is Wall Street Memes legit?
WSM is a real token from an active team, not a vanished rug pull. However, it has lost about 99.8% of its value since its 2023 peak, its staking contract was hacked in 2024, and big exchanges have delisted it. Treat it as a very high-risk meme coin.
How do I buy Wall Street Memes coin?
Big exchanges no longer list WSM. Most buyers use their own wallet on BNB Smart Chain, add a little BNB for gas, and swap in the WSM/WBNB pool on Uniswap V3. Always copy the contract address from CoinGecko or BscScan first.
Is Wall Street Memes on Binance?
No. Binance has a WSM price page, but it does not list WSM for trading. OKX and HTX listed it at launch in 2023, and OKX delisted the spot pair on 7 November 2024.
What is the Wall Street Memes price prediction?
No one can predict WSM’s price with confidence. The 2023 forecasts of $0.14 for 2024 and $0.30 for 2025 missed by a wide margin, and the token traded near $0.00016 in October 2026. With daily volume under $100, small trades can swing the price either way.
Why did Wall Street Memes move to BNB Chain?
In January 2024, attackers used a flaw at the project’s outside staking provider to reach the WSM staking contract. In February 2024 the team issued a new contract on BNB Smart Chain, swapped tokens 1:1 and rebuilt the staking and liquidity pools.
Wrapping Up
Wall Street Memes proved that a big audience can raise millions for a meme coin in a few months. It also proved that hype alone does not hold a price. The token is still alive in 2026, but it trades in one thin pool at a tiny share of its launch value. So if you hold WSM, check the contract and size any position as money you can lose.
If you are a founder, the WSM story is a useful playbook. Build the audience first, keep the presale fair, audit every contract that holds funds and give the token real use from day one. Want to create a token that lasts beyond its launch week? Talk to our team about your idea, the features you need and how long the build will take.
Join the Wall Street Meme Token Revolution!
Wall Street Meme Token — built for the bold.
- Meme Power Meets Utility:Fuel your community with real-world rewards and viral potential.
- Fair Launch Ready:Transparent tokenomics designed for growth, not hype.
- Community-Driven:Your holders, your rules — driven by memes, powered by people.
- DeFi Integration:Staking, liquidity, and NFTs — all in one ecosystem.
Get your free preview of the Wall Street Meme Token ecosystem — before you buy in!
Book a Free Demo to see how we can help you launch your own meme-powered token in just 7 days.