The creators of the Wall Street Pepe (WEPE) meme token raised 20 million USDT after launching on December 3. The project raised 4 million USDT in the first week of presale.
At the time of writing, WEPE can be purchased for $0.0003644 using Ethereum, Tether (USDT) or a credit card until the next price increase on December 17. To do this, you need to connect Best Wallet or another wallet on the project's website .
WEPE Concept
Wall Street Pepe is an ERC-20 meme token that combines the character Pepe with the image of a typical Wall Street trader.
The project's website has published the story of the Wall Street hero Pepe, which consists of four chapters.
"Pepe was tired of old whales and corrupt investors manipulating small traders to fill their wallets. So he decided to outsmart them and change the rules of the game. He assembled an ambitious team of like-minded traders to share their successful strategies," the project's website says"
The idea behind the meme token is to create a Wepe Army, a closed community of WEPE holders where participants can share insider information about trading in the meme token market.
Tokenomics and Staking
The limited supply of 200 billion WEPE is distributed as follows:
38% - marketing;
20% - incentive bonuses for early buyers under the FROG Fund program;
15% - bonuses for traders;
15% - providing liquidity on exchanges;
12% - WEPE staking rewards.
The smart contract will distribute the staking reward over three years. The mechanism provides for dynamic distribution of WEPE depending on the time and number of locked tokens.
"At the presale stage, users receive the most favorable interest rate. Rewards are distributed depending on the user's share in the staking pool ," the project representatives commented.
Project plans
After the presale is over, token holders will have access to the closed Wepe Army group. There, traders will be able to discuss trading strategies and share information about their latest deals. Wall Street Pepe also plans to launch a campaign with contests for traders with prizes in WEPE tokens.
Additionally, token holders will be able to earn passive income for staking WEPE.
In the future, the team intends to continue developing tools and expanding the token's use cases.
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