Meme coins continue to reign supreme in the market, with tokens like Dogecoin and Shiba Inu demonstrating the incredible power of retail traders.
The latest to join this exciting market is Wall Street Memes (WSM) – a new community-driven token that has already amassed over $2 million through its presale.
Given its early success, Wall Street Memes is already being compared to the ultra-popular Pepe coin, which produced exponential returns for investors in mid-April.
Early Presale Success As WSM Takes Flight
Wall Street Memes’ presale only kicked off on May 26, yet investors have been coming in their droves to snag some WSM tokens while they’re being offered at a low price.
This presale is split into 30 stages, each with its own price point. By taking this approach, Wall Street Memes’ team aims to reward those who show early faith in the project.
The response to the presale has been immense – with over $2.1 million in funding raised in only six days.
This means that Wall Street Memes is raking in an impressive $350,000 daily from presale investors.
The early success of the presale has also sparked rapid growth in the Wall Street Memes community, which is already over one million strong, thanks to the previous success of the Wall St Bulls NFT collection.
Wall Street Memes’ official Telegram channel has seen a massive influx of new members over the past few days, while the project’s Instagram page now boasts over 523,000 followers.
The exponential growth of the Wall Street Memes community, coupled with the early success of the project’s presale phase, has led many in the investment community to speculate that WSM could be poised to replicate Pepe’s success.
Colossal Community Propels Wall Street Memes Higher
As mentioned above, Wall Street Memes benefits from a previously-established community spread across various social media channels, like Twitter and Instagram.
This community was inspired by the Game
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Author: Felix Mollen