BlockBeats reported that on November 2, the well-known retail community WallStreetBets announced on social media the launch of the AI proxy coin $WSB on the Base network through Creator.Bid, with more news related to Agent Max to be released in the coming days.

According to GMGN data, after going live at 2:42 AM Beijing time today, WSB has accumulated a price increase of 3757%, currently quoted at $0.1762, with a market capitalization of approximately $3.7 million, and a 24-hour trading volume of $6.3 million.

According to reports, WallStreetBets is a large retail community on Reddit, known as the 'Retail Investor Headquarters', which triggered the famous 'GameStop Short Squeeze' event in January 2021. The WSB section includes stocks that have received significant media attention and are heavily influenced by retail investor sentiment. The popularity of these stocks among retail investors, combined with social media promotion, often creates global trends and leads to significant price fluctuations.