The presale continues to make waves in the crypto community, recently surpassing the $20 million milestone.
A significant contributing factor to the success of Wall Street Memes ($WSM) has been the massive investment from a crypto “whale,” which has ignited further interest in the project.
This article delves into the key aspects that make Wall Street Memes stand out in the presale crypto market as the project nears its open market debut.
Huge Vote of Confidence as Crypto Whale Invests $1 Million in Wall Street Memes
The recent investment by a crypto whale in Wall Street Memes’ presale has created ripples of excitement throughout the market.
On August 2, an anonymous investor executed five transactions, purchasing 460 $ETH worth of $WSM tokens.
At the time, this amounted to an investment of approximately $840,000.
According to data from Etherscan.io, this anonymous investor had previously committed 93 $ETH to the project two weeks prior, taking their total investment in $WSM to the $1 million mark.
This significant financial endorsement has propelled Wall Street Memes’ presale past the $20 million milestone and served as a clear vote of confidence in the project and its future.
Moreover, the whale’s investment has played a crucial role in pushing the presale closer to its hard cap of just over $30 million – a target expected to be hit in the coming weeks.
The intrigue surrounding the identity of the crypto whale has also added to Wall Street Memes’ appeal, with some speculating that it could be a notable figure from the crypto influencer community.
Regardless of their identity, the whale’s backing of $WSM has helped position it as one of the most promising crypto projects of 2023.
$WSM Team Puts Community First with Exciting Rewards Setup
Wall Street Memes’ team has clarified that community engagement and empowerment are at the heart of their mission.
This approach is evidenced by the team’s dedication to providing 100% of the $WSM supply to the Wall Street Memes community in one way or another.
As outlined in the Wall Street Memes whitepaper, the team has retained no $WSM tokens for themselves and has allocated 30% of the total token supply for community rewards.
These rewards have already commenced, with the team launching an exciting airdrop campaign.
A total of $50,000 worth of $WSM is up for grabs through this airdrop, split between five lucky participants.
Presale investors can qualify for the airdrop, as all that’s required is to join the Wall Street Memes Discord channel and complete several simple social media-related tasks.
With over one million followers across various social media channels, Wall Street Memes is also leveraging the power of its colossal community to drive the success of the presale.
Currently, prospective investors can purchase $WSM tokens through this presale for just $0.0326.
However, with the presale now in Stage 27 out of 30, the window of opportunity is closing fast for investors to get in on the ground floor before $WSM’s market debut.
$WSM Catches Elon Musk’s Eye & Boosts Community Engagement
The influence of Wall Street Memes’ brand has reached as far as tech tycoon Elon Musk.
Musk has responded to tweets from the Wall Street Memes Twitter account several times, hinting that he is at least aware of the brand.
Naturally, Musk’s interactions have helped boost the buzz around $WSM, heightening the excitement of community members.
Wall Street Memes’ roadmap also adds to its appeal, given that it has set an ambitious goal of reaching a market cap of $1 billion for $WSM.
The developers plan to achieve this goal through strategic partnerships, Tier-1 CEX listings, and awareness campaigns.
Wall Street Memes’ team even plans to launch an exclusive “gated community” for $WSM holders, although specific details on this are currently under wraps.
Overall, it’s clear that Wall Street Memes is positioning itself to rival established meme coins in the market – with many early backers believing it could be the next breakout star.
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