WMS exists as an ERC-20 or BEP-20 token. You can buy it by sending ETH, USDT or BNB to your wallet, after which you can swap these tokens on a decentralized exchange. The token was launched in September 2023 and is still in the early phases of its roadmap. As noted on its whitepaper, a total of 2 billion WSM tokens can ever exist.
This is meant to protect the value of the token and ensure that it doesn’t become deflationary. Because of its focus on small investors and memes, the token has been able to develop a strong and dedicated online community.
It has even grabbed the attention of Elon Musk, the billionaire businessman and owner of Twitter.
A Bit About Wall Street Memes
The founders of Wall Street Memes are anonymous. However, the whitepaper and WSM website cover everything you need to know about the token. The entire movement is based on funny memes and small investors, which makes it the ultimate meme coin.
The mission of the project is to empower everyday investors and disrupt the traditional financial sector. It also aims at bringing together like-minded people with the strength of memes.
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Wall Street Memes is meant to power the revolution against the manipulative antics of Wall Street. At the moment, you can only buy WSM on decentralized exchanges, but the project has allocated a percentage of the tokens for CEX liquidity.
Eventually, the project aims to achieve a $1 billion market cap, and it will also be listed on all top-tier centralized exchanges.
Utility of Wall Street Memes?
A good this about this token is that it gives you a chance to earn rewards as you stake the token. You can lock them for as little as 7 days.
The whitepaper of the token also promises rewards for loyal holders of the token. 30% of the tokens will be set aside for community rewards. Keep in mind that the project is still new and growing, and this means it still has a lot of potential for high returns.
Wall Street Memes Price detailsETH Contract address: 0xb62e45c3df611dce236a6ddc7a493d79f9dfadef
›› Details & Tokenomics
Advantages of Wall Street Memes+ It has a high potential for profit, but your own caution is advised
+ The coin lives on Ethereum, which is a stable blockchain
+ WSM has a very strong online community
+ The supply of the token is capped at 2 billion
+ Loyal members of the community are rewarded in tokens
Disadvantages- The token is very new so the future is somewhat unknown
- It isn’t yet listed on many CEXs and DEXs
- WSM doesn’t have unique real-world applications
- Its market cap is very low compared to DOGE and SHIB
- The owners of the project aren’t known
Costs▪ Rated at 8.5/10
If you’re transacting the token on Ethereum, you’ll have to pay a fee of about 22.80 Gwei. On BNB, the transactions will be much cheaper at around 5.5 Gwei. These fees are meant to incentivize network nodes to process and validate transactions.
Reputation and Buzz▪ Reputation rated at 8.5/10
▪ Buzz rated at 9.5/10
Wall Street Memes is a rapidly growing cryptocurrency that has a strong community behind it. Its Twitter page has more than 800 followers, which is impressive considering it was only launched in September.
Its online pages feature memes that cover world events and the financial sector. Members of the community seem to be positive about the project, and its memes have even attracted the attention of Elon Musk.
When was Wall Street Memes launched?
This token was launched in September 2023, so it is still relatively new. It is still in the initial stages of its roadmap.
Which blockchain does WSM use?
Wall Street Memes lives on both the Ethereum and BNB blockchains. It exists as both an ERC-20 and BEP-20 token. Both of these blockchains are secure and stable, but the gas fees vary.
Where can I buy WSM tokens?
As a new cryptocurrency, Wall Street Memes is only available on decentralized exchanges. You can now buy it on OKX. It is set to be added to other DEX and CEX platforms in the future.
Will WSM beat Dogecoin in market cap?
Dogecoin is among the oldest and best-established meme coins, so it is almost impossible that WSM will beat the token. That said, it is still likely to rise to a very high market cap.
History of Wall Street Memes
26 September 2023 - WSM is released and started trading on OKX at 10:00 UTC.›› Trade Wall Street Memes here›› Buy/Sell Wall Street Memes here