Hey guys! Today let’s dish about the hot new $WSM Coin from Wall Street Memes.
Review:
So $WSM comes from the Wall Street Memes crew, who you probably know from the GameStop bonanza and stickin’ it to Wall Street back in 2021. These peeps are all about givin’ power to everyday folks to make bank off things like meme coins and silly internet money.
The core philosophy behind $WSM is to tokenize the rise of everyday retail traders and investors, allowing them to profit from “worthless” meme currencies just like the wealthy have long profited from speculative investing and complex financial instruments.
Before 2021, the legacy financial system was an insular, exclusive club where only hedge funds, elite investors and Wall Street institutions could substantially profit from market speculation and bubbles. However, the GameStop short squeeze changed the tide, proving the power of internet-driven retail investors coordinating en masse.
Now, Wall Street Memes seeks to carry this revolution forward through $WSM. As an Ethereum-based token, $WSM gives the community a decentralized vehicle for financial activism and wealth creation. The meme coin angle taps into the surging popularity of irreverent, viral cryptocurrencies like Dogecoin and Shiba Inu.
The Wall Street Memes community boasts over 1 million members across social platforms like Twitter, Instagram and Discord. This grassroots momentum demonstrates strong potential demand for $WSM. The project’s anti-establishment ethos has also attracted support from billionaire tech figures like Elon Musk, who is rumored to have invested nearly $1 million in the token already.
The $WSM token has raised over $25 million in presale funding so far, making it one of the biggest meme coin launches of 2022. With exchange listings planned for this month, analysts predict $WSM could experience Dogecoin-like hypergrowth. Major exchanges like Binance, Coinbase and Kraken plan to list $WSM to capture interest in the red hot meme coin space.
As both a community rallying cry and tradable digital asset, $WSM represents the intersection of internet philosophy and finance. It offers the promise of wealth and power to regular individuals shut out by legacy institutions. For believers, $WSM could be bigger than just a meme coin – it can tokenizes the growing resentment between Main Street and Wall Street.
Tokenomics:
The $WSM token is the fuel powering the Wall Street Memes revolution. Its tokenomics distribution aims to fund our meme-powered movement to take control back from Wall Street and traditional finance gatekeepers.
Let’s explore how the $WSM token allocations will drive our community-run financial uprising:
| Allocation | Percentage | Purpose |
|---|---|---|
| Presale | 50% | Opportunity for retail investors to secure $WSM tokens early and participate in the meme revolution. |
| Marketing | 30% | Funding for marketing campaigns, social channel growth, brand ambassadors, etc. to expand Wall Street Memes’ visibility and reach. |
| Community Rewards | 10% | Incentives including bounties, contests, tips, and bonuses to reward users for contributing memes and creative energy to the community. |
| CEX Liquidity | 10% | Providing liquidity on centralized exchanges like Binance and Coinbase so $WSM can flow freely and be traded 24/7. |
| DEX Liquidity | 10% | Liquidity on decentralized exchanges to align with decentralization mission and ensure $WSM is accessible to all meme-loving crypto users. |
| Total | 100% |
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