WSM Coin Price Prediction: Can WSM Reach $1? For WSM to reach $1, it will need to rise by 35.7 times (considering its listing price of $0.028). If the WSM coin were to rise at 25% every year, it would take approximately 3.5 years to reach $1.

Wall Street Memes (WSM) Price Prediction – Summarized

This section outlines a year to year WSM price prediction.

2023: Drawing parallels from recent meme coin listings, WSM might experience a strong upward price trend post-listing. Our forecast anticipates a jump to $0.085 by 2023 end, marking an over 200% increase from the current WSM price.

2025: Guided by a robust community and high-profile endorsements, WSM has significant growth potential. Harnessing these positive indicators, our projection estimates a $0.2 valuation by 2025, an almost 10x gain from the Wall Street Memes price at presale.

2030: A longer forecast horizon suggests a price of $0.5 by 2030. WSM’s team is key to this optimistic projection, displaying adaptability through initiatives like meme coin tokens, Bitcoin Ordinals NFTs, and community rewards.

Wall Street Memes Price History

The initial presale of the token on May 26, 2023, saw an overwhelming response, with the project raising $100,000 within minutes of launch. 

The WSM presale follows a staggered presale structure – it is divided into thirty distinctive stages, each with a pre-determined token price, number of tokens, and cumulative amount to be raised.

When Wall Street Memes launched its token, the initial price was $0.025 USDT per token. This price was offered during the inaugural presale round, which was quickly oversubscribed. The Wall Street Memes price has since risen to $0.0253 as it entered its second stage.

Its current stage aims to raise $500,000 by selling 20 million tokens. Following a similar pattern, each subsequent stage will offer 20 million tokens at incrementally higher prices to gather more funds until the 15th stage.

From stage 16 onwards, however, the number of tokens offered in each stage increased from 30 million to a maximum of 100 million tokens by the 30th stage. This structured approach will eventually lead to a 34.8% increase in WSM token price before its exchange listing, concluding at a final stage price of $0.0337 USDT.

The project has raised $900,000 over the last three days since the presale launch. The hard cap for the presale has been set at $30,577,000.

Wall Street Memes Overview

The primary aim of the Wall Street Memes crypto is to “tokenize the movement,” empowering average investors to profit from seemingly futile meme coins against traditional finance, or ‘TradFi’ as opposed to ‘DeFi’.

The brand’s reputation for financial and crypto memes is well-established across social media platforms, attracting attention from high-profile figures, including Elon Musk.

Before the WSM token presale, the Wall St Bulls NFT Project had made headlines by selling out in nearly half an hour and accumulating over $2.5 million for the founders. In addition to their NFT success, they expanded their digital footprint by continuously engaging over one million followers through memes and other content related to cryptos and stocks.

The Wall Street Memes community primarily revolves around its Instagram and Twitter handles and the legacy NFT project. Their entry into the meme coin season showcases the brand’s ability to adapt and grow, keeping up with trends like Bitcoin NFTs and the evolving crypto landscape.

Wall Street Memes originated in spirit from the 2021 GameStop bull run, where everyday investors from Reddit collaborated to challenge institutional short sellers of GameStop stock. However $WSM is not claiming to be the official token of the Wall Street Bets Reddit, as $WSB token did earlier this year.

Wall Street Memes Price Prediction 2023

The Wall Street Memes token presale unfolds across 30 rounds, providing investors with various entry opportunities. This approach aims to counter post-launch dumping that can be caused by a wide difference between presale and initial launch prices.

While the earliest buyers will have an immediate profit at launch with its final presale price set at $0.037 USDT, the difference is reasonable, at approximately 35%.

All $WSM tokens will be accessible to the community – half designated for presale and the rest for boosting liquidity and rewarding the community. This thoughtful allocation is expected to foster a natural price movement, free from the team’s direct control.

Drawing from the performance of recent meme tokens with a wide following, which saw a substantial price surge post their exchange listing, a similar path could be projected for Wall Street Memes. Given the hype around the project and its solid community backing, we could see $WSM maintaining steady growth till 2023. Our price projection indicates a potential rise to $0.085 by the end of 2023, translating to an over 230% price jump from its current standing.

Wall Street Memes Price Prediction 2024 & Beyond

When we peer into the future of WSM, a mix of tangible factors hints at promising growth. Looking ahead to 2024-2025, we anticipate a significant surge. Crypto analyst Jacob Bury predicts 10-100x potential in the video below.

With its community exceeding one million followers, their collective financial clout – over $900K was invested in just a few days – reinforces the prospects for this meme coin.

Moreover, the crypto has garnered attention from influential figures, including Elon Musk, whose tweets have been known to trigger crypto spikes. Based on these elements, we forecast a substantial increase from the presale price, placing the WSM token at $0.2 by 2025’s close.

As we journey further into the future towards 2030, the path becomes less clear. Meme coins are inherently volatile, and their long-term success hinges on continuous value addition to their holders. Wall Street Memes has shown a willingness to do just that. 

Their recent launch of meme coin tokens, Bitcoin Ordinals NFTs, a $50K airdrop, and merchandising demonstrate an adaptable team dedicated to innovation. This adaptability and the immense following it commands online could make WSM a promising long-term crypto. 

Our most bullish projections place WSM at $0.5 by the end of 2030, a significant upside from its current price.

Much of this potential gain is expected to take root in 2024, contingent on the presale selling out by 2023’s end. Wall Street Memes boasts a proven track record in launching successful NFT projects, further cementing its position as a trusted player in the crypto space.

Conclusion

Born out of an already strong online community, Wall Street Meme’s potential is tied to its unique presale strategy and the immense popularity of meme coins.

WSM’s dynamic approach to pricing and community growth could take a slice of the multi-billion market share of the leading meme coins Dogecoin, Shiba Inu and Pepe which showed what is possible for this type of crypto project. In this article we forecasted a potential Wall Street Memes price prediction up to 2030, offering a view of its prospects.

#universalcryptoworld

Table of Contents
What Is Bitcoin?Understanding BitcoinBitcoin's Blockchain TechnologyHow to Mine #Bitcoin How to Buy BitcoinHow Is Bitcoin Used?Risks of Investing in BitcoinRegulating BitcoinBitcoin FAQsThe Bottom Line

What Is Bitcoin?
Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for verifying transactions and can be purchased on several exchanges.
Bitcoin was introduced to the public in 2009 by an anonymous developer or group of developers using the name Satoshi Nakamoto.1
It has since become the most well-known cryptocurrency in the world. Its popularity has inspired the development of many other cryptocurrencies. These competitors either attempt to replace it as a payment system or are used as utility or security tokens in other blockchains and emerging financial technologies.
Learn more about the cryptocurrency that started it all—the history behind it, how it works, how to get it, and what it can be used for.

KEY TAKEAWAYS
Launched in 2009, Bitcoin is the world's largest cryptocurrency by market capitalization.Unlike fiat currency, Bitcoin is created, distributed, traded, and stored using a decentralized ledger system known as a blockchain.
Bitcoin and its ledger are secured by proof-of-work (PoW) consensus, which also secures the system and verifies transactions.Bitcoin can be purchased via various cryptocurrency exchanges.Bitcoin's history as a store of value has been turbulent; it has undergone several boom and bust cycles over its relatively short lifespan.

Understanding Bitcoin
In August 2008, the domain name Bitcoin.org was registered. Today, at least, this domain is WhoisGuard Protected, meaning the identity of the person who registered it is not public information.2
Announcement
In October 2008, a person or group using the false name Satoshi Nakamoto announced to the cryptography mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." This now-famous white paper published on Bitcoin.org, entitled "Bitcoin: A Peer-to-Peer Electronic Cash System," would become the Magna Carta for how Bitcoin operates today.34Satoshi Nakamoto. "Bitcoin: A Peer-to-Peer Electronic Cash System."
First Block
On Jan. 3, 2009, the first Bitcoin block was mined—Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps proof that the block was mined on or after that date.5
Rewards
Bitcoin rewards are halved every 210,000 blocks. For example, the block reward was 50 new bitcoins in 2009. On May 11, 2020, the third halving occurred, bringing the reward for each block discovery down to 6.25 bitcoins—the next halving is expected to occur sometime in 2024 and bring the reward to 3.125 bitcoins.
Denominations
One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places.
On Jan. 8, 2009, the first version of the Bitcoin software was announced to the Cryptography Mailing List, and on Jan. 9, 2009, Block 1 was mined, and Bitcoin mining commenced in earnest.
Bitcoin's Blockchain Technology
Bitcoin isn't too complicated to understand as a form of digital currency. For example, if you own a bitcoin, you can use your cryptocurrency wallet to send smaller portions of that bitcoin as payment for goods or services. However, it becomes very complex when you try to understand how it works.
Blockchain
Cryptocurrencies are part of a blockchain and the network required to power it. A blockchain is a distributed ledger, a shared database that stores data. Data within the blockchain is secured by encryption methods.
When a transaction takes place on the blockchain, information from the previous block is copied to a new block with the new data, encrypted, and the transaction is verified by validators—called miners—in the network. When a transaction is verified, a new block is opened, and a Bitcoin is created and given as a reward to the miner(s) who verified the data within the block—they are then free to use it, hold it, or sell it.
Transactions are placed into a queue to be validated by miners within the network. Miners in the Bitcoin blockchain network all attempt to verify the same transaction simultaneously. The mining software and hardware work to solve for the nonce, a four-byte number included in the block header.
The block header is hashed, or randomly regenerated by a miner repeatedly until it meets a target number specified by the blockchain. The block header is "solved," and a new block is created for more transactions to be encrypted and verified.
Encryption
Bitcoin uses the SHA-256 hashing algorithm to encrypt the data stored in the blocks on the blockchain. Simply put, transaction data stored in a block is encrypted into a 256-bit hexadecimal number. That number contains all the transaction data and information linked to the blocks before that block.
Data linked—or chained—between blocks is what led to the ledger being called a blockchain.
How to Mine Bitcoin
A variety of hardware and software can be used to mine Bitcoin. When Bitcoin was first released, it was possible to mine it competitively on a personal computer; however, as it became more popular, more miners joined the network, which lowered the chances of being the one to solve the hash. You can still use your personal computer as a miner if it has newer hardware, but the chances of solving a hash individually are minuscule.
This is because you're competing with a network of miners that generate around 444 quintillion hashes (444 exa hashes), or random number generations, per second. Machines—called Application Specific Integrated Circuits (ASICs), have been built specifically for mining—can generate up to 335 trillion hashes per second. In contrast, a computer with the latest hardware hashes around 100 megahashes per second (100 million).6
To successfully become a Bitcoin miner, you have several options. You can use your existing computer to use mining software compatible with Bitcoin and join a mining pool. Mining pools are groups of miners that combine their computational power to compete with large ASIC mining farms.
You increase your chances of being rewarded by joining a pool, but rewards are significantly decreased because they are shared.
If you have the financial means, you could also purchase an ASIC miner. You can generally find a new one for around $10,000, but used ones are also sold by miners as they upgrade their systems. There are some significant costs, such as electricity and cooling, to consider if you purchase one or more ASICs.
There are several mining programs to choose from and many pools you can join. Two of the most well-known programs are CGMiner and BFGMiner. When choosing a pool, it's important to make sure you find out how they pay out rewards, what any fees might be, and read some mining pool reviews.
How Do You Buy Bitcoin?
If you don't want to mine bitcoin, it can be bought using a cryptocurrency exchange. Most people will be unable to purchase an entire BTC because of its price, but you can buy portions of BTC on these exchanges in fiat currency, like U.S. dollars. For example, you can buy a bitcoin on Coinbase by creating and funding an account. You can fund your account using your bank account, credit card, or debit card. The following video explains more about buying bitcoin.
How Is Bitcoin Used?
Bitcoin was initially designed and released as a peer-to-peer payment method. However, its use cases are growing due to its increasing value and competition from other blockchains and cryptocurrencies.
Payment
To use your Bitcoin, you need to have a cryptocurrency wallet. Wallets are your interface to the blockchain and can hold the private keys to the bitcoin you own, which must be entered when you're conducting a transaction. Bitcoin is accepted as a means of payment for goods and services at many merchants, retailers, and stores.
Brick-and-mortar stores that accept cryptocurrencies will generally display a sign that says “Bitcoin Accepted Here”; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touchscreen apps. An online business can easily accept Bitcoin by adding this payment option to its other online payment options: credit cards, PayPal, etc.
Investing and Speculating
Investors and speculators became interested in Bitcoin as it grew in popularity. Between 2009 and 2017, cryptocurrency exchanges emerged that facilitated bitcoin sales and purchases. Prices began to rise, and demand slowly grew until 2017, when its price broke $1,000. Many people believed Bitcoin prices would keep climbing and began buying them to hold. Traders began using cryptocurrency exchanges to make short-term trades, and the market took off.7
In 2022, Bitcoin's price came crashing down. In March 2022, it was as high as $47,454—by November 2022, it was $15,731. It then recovered in 2023, seeing a price as high as $31,474 before dropping back below $30,000. The drop in Bitcoin followed a decrease in other assets, partly due to larger market turmoil related to inflation, rising interest rates, supply chain issues from Covid, and the war in Ukraine. Additionally, some important tokens have crashed in the crypto world, as well as one of the important exchanges, which has raised concerns about the stability of digital currencies.7
Risks of Investing in Bitcoin
Speculative investors have been drawn to Bitcoin after its rapid price appreciation in recent years. Bitcoin had a price of $7,167.52 on Dec. 31, 2019, and a year later, it had appreciated more than 300% to $28,984.98. It continued to surge in the first half of 2021, trading at a record high of $68,990 in November 2021—it then fell over the next few months to hover around $40,000. As mentioned above, its price continues to fluctuate wildly.8
Bitcoin's all-time high price is $68,990, reached in November 2021.8
Thus, many people purchase Bitcoin for its investment value rather than its ability to act as a medium of exchange. However, the lack of guaranteed value and its digital nature means its purchase and use carry several inherent risks. For example, many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the Consumer Financial Protection Bureau (CFPB) regarding Bitcoin investing.
Regulatory risk: The lack of uniform cryptocurrency regulations raises questions over their longevity, liquidity, and universality.Security risk: Most individuals who own and use Bitcoin have not acquired their tokens through mining operations. Rather, they buy and sell Bitcoin and other digital currencies on popular online markets, known as cryptocurrency exchanges. Bitcoin exchanges are entirely digital and—as with any virtual system—are at risk from hackers, malware, and operational glitches.Insurance risk: Bitcoin and cryptocurrencies are not insured through the Securities Investor Protection Corporation (SIPC) or the Federal Deposit Insurance Corporation (FDIC), but some exchanges provide insurance through third parties. In 2019, prime dealer and trading platform SFOX announced it would be able to offer Bitcoin investors FDIC insurance, but only for the portion of transactions involving cash.9Fraud risk: Even with the security measures inherent within a blockchain, there are still opportunities for fraudulent activity.Market risk: As with any investment, Bitcoin values can fluctuate. Indeed, the currency's value has seen wild price swings over its short existence. Subject to high volume buying and selling on exchanges, it is highly sensitive to any newsworthy events. According to the CFPB, the price of Bitcoin fell by 61% in a single day in 2013, while the one-day price drop record in 2014 was as big as 80%.10
Regulating Bitcoin
Like any new technology, the attempts at regulating Bitcoin have been difficult. The current administration seeks to impose regulations around Bitcoin but, at the same time, walks a tightrope in trying not to throttle a growing and economically beneficial industry.11
Biden has stated he will seek to prevent the illegal use of Bitcoin but also support its development. The U.S. has particularly been focused on regulating crypto and its criminal usage overseas, such as sanctioning cryptocurrency exchanges and individual cryptocurrency wallets and recovering crypto payments made to criminals.11
As the Bitcoin and cryptocurrency world emerges, so will the regulation, which will see many changes and laws over time.
How Long Does It Take to Mine One Bitcoin?
It takes an average of 10 minutes for the mining network to validate a block and create the reward. The Bitcoin reward is 6.25 BTC per block. This works out to be about 96 seconds for 1 BTC to be mined.
Is Bitcoin a Good Investment?
Bitcoin has a short investing history filled with very volatile prices. Whether it is a good investment depends on your financial profile, investing portfolio, risk tolerance, and investing goals. You should always consult a financial professional for advice before investing in cryptocurrency to ensure it is right for your circumstances.
How Does Bitcoin Make Money?
The Bitcoin network of miners makes money from Bitcoin by successfully validating blocks and being rewarded. Bitcoins are exchangeable for fiat currency via cryptocurrency exchanges and can be used to make purchases from merchants and retailers that accept them. Investors and speculators can make money from buying and selling bitcoins.
How Many Bitcoins Are Left?
The total number of Bitcoins in existence is 19.51 million. The number of Bitcoins left to be mined is about 1.4 million as of Oct. 10, 2023.12
The Bottom Line
Bitcoin was the first cryptocurrency and is intended to be used as a form of payment outside of legal tender. Since its introduction in 2009, Bitcoin's popularity has surged and its uses expanded, resulting in the creation of many new competitor cryptocurrencies.
Though the process of generating Bitcoin is complex, investing in it is more straightforward. Investors and speculators can buy and sell Bitcoin on crypto exchanges. As with any investment, particularly one as new and volatile as Bitcoin, investors should carefully consider if Bitcoin is the right investment for them.
The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own cryptocurrency.

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David Hirsch, who runs the agency’s office that handles crypto enforcement, says that apart from Coinbase and Binance, there are other exchanges and DeFi straying from the law.
The regulator's crypto enforcer made broad assertions that the SEC has more in store for the crypto industry.Still, David Hirsch acknowledged that the agency's current litigation load is heavy, and the SEC can't go after everything.
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit.
His enforcement office, which has been litigating at a very unusual pace for the SEC, is aware of and investigating other firms involved in much the same activity seen at those two major platforms and that the industry’s compliance breeches “hold true well beyond any two entities,” Hirsch said Tuesday at the Securities Enforcement Forum Central in Chicago.
“We’re going to continue to bring those charges,” said Hirsch, who said the regulator has a number of other businesses on its radar that are operating in similar ways to Coinbase and Binance. His agency is already embroiled in a number of complex crypto cases in federal courts, and – as seen in its effort to appeal a recent Ripple ruling – not always with complete success.
Hirsch said the SEC’s interest in crypto goes well beyond the high-profile exchanges.
"We're going to continue to be active as to intermediaries,” he said. “That can be brokers, dealers, exchanges, clearing agencies or any others who are active in this space, are within our jurisdiction and not meeting their obligations, either through registration or failure to provide adequate or complete disclosures.”
Hirsch said DeFi projects won’t escape the enforcement division’s attention, either.
“We're going to continue to conduct investigations, we're gonna be active in the space, and adding the label of DeFi is not going to be something that's going to deter us from continuing our work,” he said.
The U.S. securities regulator has previously been accustomed to a relatively sedate approach to enforcement, in which it targets misdeeds at regulated businesses – often large, Wall Street firms with extensive legal departments – that quickly begin negotiating settlements. Because the charges against digital assets companies routinely threaten their existence, they tend to take the agency to court.
The SEC has a finite enforcement budget that is often less than the financial giants it’s used to facing, so its bandwidth is limited.
“We do have a lot of litigation going on,” Hirsch conceded.
“It feels like you're at capacity,” observed the event’s moderator, A. Kristina Littman, who served as the SEC’s crypto enforcement chief before Hirsch and who now works at Willkie Farr & Gallagher.

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A video from June has drawn the ire of Ripple CEO Brad Garlinghouse on X. In June, Cameron Winklevoss (@cameron), the co-founder of Gemini crypto exchange and Winklevoss Capital, shared a clip of the former SEC Chair Jay Clayton on CNBC’s Squawk Box. In the video, Clayton condemned the regulatory strategy being employed by the SEC under Gensler.
The SEC’s Regulatory Strategy
According to Clayton, the current regulators believe that “If we’re not losing cases, if we’re not being pushed back by the courts, we’re not doing enough.” Clayton points out the flaw in this strategy and describes it as a “fundamental shift” in how Americans view their government’s role.
Clayton said he wouldn’t want to be in a place where the government could bring lawsuits they knew they would lose, and then he asked the interviewer to put themselves in the shoes of the person being sued.
Clayton stated that regulators with the power of the state should only bring cases and make rules that would pass judicial scrutiny.
Garlinghouse Claps Back
Garlinghouse was unhappy with Clayton’s statement, saying, “Watching this clip makes my blood boil.” Although Clayton’s statement about regulators only taking on credible cases is right, he isn’t innocent, and Garlinghouse points out his hypocrisy. He adds, “The hypocrisy is shocking. @CNBC @SquawkCNBC should be calling him out for the bullshit.”

Clayton was the SEC chair who filed the lawsuit against Ripple in December 2020, which is still going on and has harmed the adoption of XRP in the U.S. He was also the instigator of the case against Brad Garlinghouse and Chris Larsen, charging them with aiding and abetting the sales of unregistered securities, charges that the SEC recently dropped.
Garlinghouse stated, “As a reminder, Jay Clayton brought the case against Ripple, me and Chris Larsen.  And left the building the next day.”
The Community Stands Behind Garlinghouse
As expected, the crypto community called out Clayton and the SEC for their hypocrisy. This isn’t the first time the SEC has been called out for hypocrisy, and if Gensler continues with this strategy, it might not be the last.
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One user highlighted the bright side of the situation, stating that Ripple survived the SEC’s corruption, and it was a win for the crypto community. However, it is still sad because of all the legal expenses Ripple has incurred.

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