Almost every crypto investor dreams of becoming a millionaire with one great coin pick.
It’s happened for thousands of crypto enthusiasts who invested in Bitcoin and Ethereum early on. It’s also happened for traders who saw the viral potential of meme coins like Dogecoin, Shiba Inu, and Pepe.
Each of these tokens skyrocketed after launch, some of them delivering 100x returns in the span of a few weeks. In 2021, Dogecoin exploded 125x—one investor, known as the SlumDOGE Millionaire, reported earning $1 million in a single day from his investment.
The key to turning $1,000 into $1 million is to find the next great coin and buy in as early as possible. That can be tricky since it’s not always clear what token will blow up next.
The good news for investors is that the next opportunity to invest early in a viral meme coin is here right now. Wall Street Memes, a new meme coin currently in presale, has established an enormous following and looks poised to mint a new set of crypto millionaires.
Analysts See Wall Street Memes as Next Meme Token to 10x
Since launching its presale in late May at wallstmemes.com, the new meme coin project has raised more than $11.5 million and attracted attention from some of the biggest names in crypto.
The project has amassed more than 250,000 Twitter followers and a Telegram community of more than 10,000 subscribers. Even Elon Musk, the king of memes, has replied to several of the memes created by the Wall Street Memes team.
The project has clearly hit a chord within the crypto community. It builds on the same discontent with traditional finance that launched communities like r/WallStreetBets and fueled the GameStop short squeeze in 2021.
Crypto analysts have taken note of all the excitement building around this project. One prominent analyst has suggested that Wall Street Memes could be the next meme token to 10x.
The team behind Wall Street Memes also knows how to follow through with a successful token launch. The same developers launched the Wall Street Bulls NFT collection in 2021 and sold out the collection in just over 30 minutes.
Presale Offers Chance to Buy $WSM at 10% Discount
Investors have a limited opportunity to buy Wall Street Memes’ $WSM token at a discounted price during the presale.
This is a way to compound gains in $WSM and potentially achieve millionaire status. Presale investors will earn paper gains ahead of the project’s ICO, then have the opportunity to multiply their gains even more once trading begins.
During the current stage of the presale, investors can buy $WSM at a price of $0.0307. That’s a nearly 10% discount to the expected ICO price of $0.0337.
The Wall Street Memes presale has a hard cap of $30,577,000 and it’s rapidly approaching 50% sold out.
The maximum supply of $WSM is 2 billion tokens, and the development team isn’t setting aside any for itself. The project is entirely community-owned and the developers only make money when $WSM token holders make money.
$1 Billion Market Cap Goal Could Mint Millionaires from Presale Investors
Wall Street Memes has stated that its goal is to reach a $1 billion market cap. So, is this enough to turn today’s presale investors into millionaires?
The coin will launch with a market cap of around $67 million. So, to reach a market cap of $1 billion, the token has to 15x in value to $0.50 after launch. Many analysts would consider that an achievable price.
If that happens, an investor who puts in $1,000 at today’s presale price would earn $65,000 from their investment. This also goes to show the power of getting in early. Investors who joined the Wall Street Memes presale during its first stage, when the price was $0.0256, would earn nearly $80,000.
If $WSM were to climb to a $9 billion market cap – the same as Dogecoin today – a presale investor could turn their $1,000 into $585,000. So, it would take less than $2,000 in $WSM tokens to become the newest crypto millionaire.