The clock is ticking for investors looking to get in on the ground floor of what is being touted as one of the breakout meme coin stars of 2023.
With just five hours left in its presale, Wall Street Memes (WSM) is generating significant buzz among the crypto investment community.
But is the hype legit – and can WSM be the biggest ICO of the year?
Presale FOMO Reaches New Heights as WSM Overtakes WallStreetBets in Google Searches
The buzz around Wall Street Memes’ presale has skyrocketed, with the project now receiving more worldwide Google searches than the notorious WallStreetBets brand.
This demonstrates the massive mainstream appeal that WSM is building ahead of the token’s open market debut later this week.
On-chain data shows over 4,700 Ethereum buys and 8,100 total buys across both Ethereum and BNB Chain in the past 24 hours
One investor even purchased a whopping 103,943 WSM tokens in the hours before writing, equating to an outlay of just over $3,500.
This is one of many $1,000+ transactions that have taken place in recent days, indicating that investors are willing to place significant bets on the potential of WSM.
FOMO is growing as the presale enters its final five hours, with investors scrambling to grab WSM tokens for $0.0337 before a potential post-listing pump occurs.
The presale has already raised an impressive $25 million, drawing in tens of thousands of traders to the official Wall Street Memes Telegram channel.
Wall Street Memes Investors Gear Up for Potential Post-Listing Pump
With “multiple” Tier-1 exchange listings imminent, many early backers believe WSM could be poised for exponential growth, much like other presale cryptocurrencies launched this year.
For example, BTC20 (BTC20) rocketed nearly 300% in the first 72 hours after listing on Uniswap following its successful presale.
Given that WSM will launch on multiple top-tier exchanges, anticipation is mounting that it could see an even bigger value surge.
The specific exchanges that WSM will be listed on have not been publicly disclosed yet, but a tweet from the official Wall Street Memes Twitter account reveals that the first exchange will be announced later today.
The mere mention of “Tier-1” has piqued the interest of the crypto community, given that these exchanges typically have huge user bases and high daily trading volumes, which could translate to increased visibility (and liquidity) for WSM.
Combined with the buzz already surrounding the token, this potential exposure could propel WSM’s value in the hours following its open market debut.
Further enhancing WSM’s prospects is the recent video from YouTuber Satoshi Stacker, who boasts an audience of 282,000 subscribers, urging investors to “pay attention to this meme coin.”
Staking Rewards & Comprehensive Roadmap Propel WSM to New Heights
Interestingly, Wall Street Memes’ hype extends beyond just social media buzz.
Instead, WSM features substantial utility and a forward-thinking roadmap, highlighting the development team’s commitment to the project.
The recently launched staking protocol allows token holders to earn a lucrative APY of 50% by staking their tokens – with over 400 million WSM staked already.
Looking ahead, Wall Street Memes’ roadmap outlines several ambitious growth phases, with marketing campaigns, influencer partnerships, and an exclusive gated community already in the works.
Phase 3 of the roadmap even includes a target of reaching a $1 billion market cap, which, if achieved, would make WSM one of the world’s largest meme coins.
Underpinning the entire project is a strict smart contract audit from SolidProof, ensuring that Wall Street Memes operates in a secure and trustworthy manner.
All in all, the combination of major exchange listings, influencer backing, staking rewards, and investor FOMO indicates that WSM could have a shot at being the biggest ICO of 2023.
As such, all eyes will be on WSM’s exchange debut later this week – likely to be a momentous occasion for investors.