Wall Street Memes Reaches $5 Million Despite Crypto Crash — What’s the Next Big Meme Coin?
In the current bear market for cryptocurrencies, major meme coins have taken a huge hit. Popular meme tokens like Pepe and Shiba Inu have lost double digits in the previous few days, reflecting the general volatility of the cryptocurrency market.
Wall Street Memes ($WSM) has managed to attract investors despite the market turmoil by quickly raising over $5 million. So, let’s analyze why investors think this new coin will outperform the market as a whole.
Wall Street Memes ($WSM) Soars to Over $5 Million in the Crypto Storm
Wall Street Memes, riding the 2023 meme coin wave, have become an attractive investment opportunity for those seeking the next great meme currency. With a presale pricing of $0.0277 USDT, $WSM has raised almost $5 million since its launch at the end of May.
In addition, we at Wall Street Memes are not newcomers to the world of cryptocurrencies. Their Wall St. Bulls NFT collection, which launched and sold out in under half an hour, is proof of their success in the NFT market.
The site has solid community support because to its enormous following of more than a million users across different social media channels. The combination of a sizable user base and a history of success in the Ethereum NFT market gives $WSM hope as an appreciating meme coin.
It’s notable that influential people like Elon Musk have interacted with Wall Street Memes’ content on social media. This endorsement from well-known figures increases the token’s reputation and increases its market value.
The present trend in meme coins can be seen as a continuation of the 2021 GameStop and AMC rallies that brought attention to undervalued assets. Money Memes on Wall Street ($WSM) hopes to cash in on this trend. Furthermore, $WSM has wisely set its token supply at two billion, avoiding the pitfalls of earlier meme coins.
Half of them are given out during the pre-sale, with the rest going to community rewards and the stock exchange.
Wall Street Memes has started an airdrop for their community worth fifty thousand dollars in honour of their presale launch. Many investors think $WSM has the potential to be the next meme coin to go 10x.
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What Happens When AI Meets Memes? – AiDoge After Raising $14.9M, This Coin Is One to Keep an Eye On; ICO Coming Soon
AiDoge is another coin to watch in the meme coin market. This cryptocurrency venture combines two of the most talked-about subjects at the moment: meme coins and AI.
The hard cap for AiDoge’s cryptocurrency presale was reached in just four weeks after the campaign’s inception. The $AI token’s listing on exchanges on June 19 will just add fuel to the fire.
Users can take advantage of the platform’s novel concept by purchasing credits using $AI tokens. The credits can then be used on its AI-powered meme generator to produce entertaining memes in response to user-supplied text prompts.
The greatest meme makers will be rewarded with $AI tokens, and users can both create and vote on memes. You can also stake your $AI tokens to create even more tokens.
The $AI project’s creators prefer to stay unknown, much like the creators of other joke coins like Dogecoin and Shiba Inu. Despite this, AiDoge shows indications of being a safe and long-term project, as evidenced by the Certik audit of the $AI token smart contract and a 10-year vesting period for team tokens.
After a promising first year, the total market capitalization of all meme currencies and AI tokens in 2023 is over $6 billion. The large tech AI arms race ignited by OpenAI is fueling this boom, with tokens like SingularityNET and Fetch.ai generating enormous returns.
The presale has ended, but investors still have until the listing price of $0.0000336 to purchase AiDoge.
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