Wall Street Memes (WSM) Crypto: Presale Price at $0.0337, Launching on Tier 1 Exchange in 15 Days – What to Expect?
Crypto News – As the exchange listing of Wall Street Memes (WSM) draws near, social media buzz intensifies around this memecoin, which was initially priced at $0.0337 during its presale. Presale buyers are anticipating substantial returns post-launch, but there’s a twist to the story.
In the cryptocurrency world, Bitcoin remains stuck in sideways price movement this Monday, currently trading at $25,626. These market conditions may not seem ideal for the launch of a new memecoin. However, the situation could quickly change with a significant move in Bitcoin’s value.
WSM Crypto Set to Launch in 15 Days
The official Wall Street Memes coin website reveals that the project will debut on a tier 1 exchange in precisely 15 days and 22 hours. Although the exchange’s name remains undisclosed, there are several crucial considerations to make in preparation for this significant event.
In my previous analysis of WSM crypto, I highlighted that the coin is already available at a lower price before its exchange listing. This raises questions about who might buy it after the listing. Typically, coins that perform well after listing are those that were challenging for most investors to acquire during the presale phase.
Wall Street Memes Price Projection Post-Listing
While Wall Street Memes (WSM) coin does not appear to be a scam, it does raise concerns as a potential cash-grab. The presale price appears relatively high when compared to recent memecoin sales. The project aims to sell 1 billion coins during the presale to raise $33.7 million, resulting in a staggering valuation for a project lacking fundamental value.
Looking at the long-term prospects, Wall Street Memes faces a bearish price projection, especially considering its total supply of 2 billion coins. However, there may still be room for price growth during the initial days as short-term traders engage in speculative activities.
Leave a comment