Frog-themed meme coins aren’t going out of fashion anytime soon, especially with exerts projecting Pepe (PEPE) to reach a $50 billion valuation.
A new meme coin – Wall Street Pepe (WEPE) – is seeing high demand from the very start of its presale, having already raised over $700k in less than 48 hours.
The project’s mission of giving small-scale retail investors an edge against whales and insiders is already gaining significant traction, as are its staking platform and lucrative community rewards.
Prominent experts are already sold on the project, with some even calling it the next big meme coin.
Why Wall Street Pepe Is Seeing Such Hype And FOMO?
The Bitcoin price has finally hit $100k and is dominating the headlines once again. Experts are now projecting a strong influx of retail investment, largely into meme coins, both large-caps like Pepe and microcaps like Wall Street Pepe.
In particular, Wall Street Pepe is positioning itself as a must-have cryptocurrency ahead of the upcoming bull market, especially for retail investors.
The project aims to challenge the hegemony of whales and insiders in the meme coin sector. Instead, it looks to offer an edge to small-scale investors. In this regard, it is launching an exclusive VIP group for all WEPE holders.
Members will receive alpha trading calls, market insights and insider trading strategies from experts with long-term experience, which could be a game-changer during a bull market. Within this private group, WEPE holders will learn how to reap the maximum returns in the meme coin market. They may even end up finding the next big meme coin, earlier than the whales.
That’s not all. Members can participate in trading competitions, submit their successful setups and earn rewards.
In line with the latest trend, Wall Street Pepe also has its own staking platform, which is currently offering 800% in annualized percentage yield.
However, interested buyers looking to earn passive income have a very short window to capitalize on this high reward rate, considering it is decreasing as more coins are staked in the pool.
A Meme Coin With Strong Fundamentals
Unlike most new meme coins, Wall Street Pepe is a meme coin with strong fundamentals.
For instance, it has community-centric tokenomics, with 47% of the WEPE token supply directly allocated to investors, 20% via the presale, 15% through trading rewards and 12% through staking rewards.
A significant 38% of WEPE tokens are reserved for the project’s marketing initiatives, making sure that the meme coin captures maximum eyeballs during the bull market. The final 15% of the supply will be used for exchange liquidity.
Notably, there is no separate allocation for the developer team or any private sale, which significantly reduces the risk of any scam or rug-pull.
Similarly, the Wall Street Pepe smart contract has been audited by Coinsult, which did not reveal any major vulnerability or centralization risks. The contract ownership has been renounced, which means the developer team cannot employ any honeypot tactics, mint new tokens or pause the contract.
Unlike most new meme coins, WEPE’s developer team has taken strong steps to make it a safe investment for buyers.
Could Wall Street Pepe Be The Next Big Meme Coin?
With the Bitcoin price hitting $100k last night, the crypto market is set for extreme bullish euphoria.
Against such a backdrop, new meme coins like Wall Street Pepe tend to offer the most returns. Several small-scale investors have already turned retailers into crypto millionaires and WEPE is looking to replicate this success.
It is not without any reason that prominent experts have called it the next big meme coin, with many eyeing anywhere between 10x and 100x returns.
However, only early buyers will be able to reap the maximum returns. With such high demand for the meme coin, the Wall Street Pepe presale stages are quickly selling out, increasing the buying price.
Buyers therefore have a very short window to benefit from the maximum rewards. That can be done on the official wallstreetpepe.com website, using the over-the-counter widget to swap ETH or USDT for $WEPE, or via a bank card.