Meme #cryptocurrency is usually created for fun. They attract investors' attention through associations with funny images or elements of popular culture. Some experts believe that such assets are not capable of generating large profits, but the success of Bibi, #Dogecoin and #Shiba Inu proves the opposite.
Meme-inspired tokens usually have no real use and rely heavily on community activity. This can have a positive and negative impact on them.
For example, the projects mentioned above have strong community support and thus show high performance. And there is every reason to believe that the Wall Street cryptocurrency meme will also soon become one of the most successful and biggest memes in the cryptocurrency space.
So can investing $1,000 in Wall Street meme coins make a big profit?
In the spring of 2023, a project called the Wall Street Coins meme appears on the market. Its goal is to provide investors with the opportunity to benefit from betting and resisting capitalism. Within a few minutes after the start of sales, he collected more than $ 100,000, and a few months later - $ 25 million. Meanwhile, today its value is $0.0334.
The development team behind the GameStop (GME) stock price in 2021, the closing of the Melvin Capital fund, and later the launch of the non-fungible token pool is responsible for its creation. Incidentally, Melvin Capital was sold in just 32 minutes and made a profit of $2.5 million.
The Wall Street meme tokens are transparent and targeted at retail. Also, everyone can buy 50% of the coins in the pre-sale, and then get additional assets as a reward for staking (30%). The remaining 20% will be distributed equally between centralized and decentralized exchanges.
The project's posts have been repeatedly mentioned on the social network by Elon Musk himself. As you know, the interest of a well-known businessman has had a positive impact on the growth of cryptocurrency more than once. And the situation with the Wall Street coin meme was no exception - a few tweets were enough to greatly increase the popularity of the asset.
Many cryptocurrency bloggers also speak positively about it. Experts like NoBS #crypto , CryptoPulse, and Joe Paris Crypto predict 100-fold growth over the long term.
However, there is not much time left to go long. The token is in the penultimate stage of the pre-sale and costs $0.0334. In the final, its value will rise to 0.0337 dollars.
Positives:
Launch of an #AirDrop , where five participants will be able to win $50,000 worth of free cryptocurrency; It is planned to cooperate with influencers and content makers, which will help in the development of the project;
