What is Wall Street memes crypto? WSM token overview

1. What is Wall Street memes crypto?

Wall Street Memes (WSM) represents a digital asset designed to tokenize the retail investor movement against the traditional financial market hegemony. It stands as a testament to the internet's victory over unfettered capitalism, championing the cause of individual retail investors who dare to question the established order. The WSM token serves as an integral element within a thriving crypto community, aiming to validate and empower the steadfast supporters of this revolutionary movement.

2. Key features of Wall Street memes

The broad support community:

Wall Street Memes boasts an enthusiastic supporter base of over 1 million individuals across social media. The WSM team has generated significant influence, contributing to over 40 million social media impressions and garnering attention from leading cryptocurrency experts.

Elon Musk has demonstrated interest in the project through multiple interactions, further attracting the attention of major investors. During the presale phase, numerous cryptocurrency "whales" poured millions of USD into the platform, contributing to a price increase upon WSM token listing on various exchanges.

Inheriting the Wall St. Bulls legacy:

Wall Street Memes has built a successful platform thanks to the innovation of its founders, who caused a seismic shift through the GameStop short squeeze, resulting in significant losses for the traditional Wall Street market. Following this, the team achieved success with the unique NFT collection called Wall St. Bulls, which sold out in just over 30 minutes, generating over 2,000 ETH. These achievements demonstrate the team's capabilities and commitment to benefiting the Wall Street Memes community.

Staking mechanism:

The platform features a Stake-to-Earn mechanism, allowing WSM token holders and investors to lock their tokens for a period to earn passive rewards, increasing scarcity and the token's value over time. With a high Annual Percentage Yield (APY) of 52%, the project attracts investor interest, encouraging token holders to continue purchasing and staking WSM tokens.

Community-centric approach:

Wall Street Memes develops a token system centered around the community, creating attractiveness for the project. The token allocation ratio serves as evidence that the platform prioritizes community, ready to deliver value to those holding the original tokens.

Airdrop event:

Wall Street Memes organizes an enticing airdrop event as a token of gratitude for project supporters and investors. Five lucky community members will receive WSM tokens worth $50,000 each. Users simply need to purchase WSM tokens to participate, access the airdrop page, and follow straightforward steps. WSM is listed on leading exchanges and can be purchased on the official website using ETH or USDT.

3. Origin of Birth

Historically, individual investors have challenged stock market norms, earning substantial profits through unconventional approaches. 

Today, a similar trend unfolds in the crypto market, with investors reaping rewards from meme coin investments. Wall Street Memes, exemplifying this phenomenon, is a meme coin with the ERC-20 standard, boasting a community of over 1 million members.

Emerging from the Wall Street Bets Reddit community and the notable GameStop events in 2021, Wall Street Memes is driven by a mission to "tokenize the movement." Its goal is to empower ordinary investors to prosper from meme tokens, mirroring the success that many have experienced with meme stocks.

The foundational ethos of the original Wall Street Bets community was rooted in challenging capitalism. Retail traders united to outsmart institutional traders, engaging in strategic moves like stop hunting and market liquidation to level the playing field in financial markets.

4. How does Wall Street memes work?

WSM functions using a token system and has a buyback program to keep the token stable. It also has a staking program to reward "diamond hands" or long-term holders in the crypto community. 

The WSM token is part of the Wall Street Memes Casino, which provides unique games, sports betting, and live casino activities. This means users can use their tokens on the platform, giving them more ways to use and benefit from their tokens.

5. Tokenomics

5.1. Key metrics

• Token Name: Wall Street Memes

• Symbol: WSM

• Standard: ERC-20

• Contract Address: 0xb62e45c3df611dce236a6ddc7a493d79f9dfadef

• Blockchain: Ethereum

• Total Supply: 2,000,000,000 WSM

• Maximum Supply: 2,000,000,000 WSM

5.2. Token allocation

5.3. Where can you buy WSM tokens?

6. Guide to Buy Wall Street Memes Presale Token in 2024

Discover below the straightforward process of purchasing Wall Street Memes presale tokens in five easy steps that should take less than ten minutes.

Step 1: Set Up a Crypto Wallet

Begin by creating a crypto software wallet. We recommend MetaMask for its user-friendly interface, compatible with both PC and mobile devices. Download the MetaMask app, follow the instructions to create an account, and securely store your seed phrase for potential account recovery.

Step 2: Acquire Crypto to Fund Your Investment

Load your software wallet with crypto to finance your investment. The presale accepts ERC-20 (Ethereum) and BEP-20 (Binance) payments, but for this tutorial, we'll use the ERC-20 network. Purchase ETH or USDT directly on MetaMask using a card or send fiat to your centralized exchange account, buy ETH or USDT, and transfer it to your software wallet.

Step 3: Visit the Wall Street Memes Website

Navigate to the official Wall Street Memes presale website and click the “Connect Wallet” button. Ensure you are on the authentic site, wallstmemes.com, and beware of fake domains. Follow the instructions, authorizing the connection on MetaMask when prompted.

Step 4: Purchase $WSM Tokens

Select the desired amount of $WSM tokens you wish to purchase, denominated in ETH or USDT. Proceed to complete the transaction.

Step 5: Claim Your Tokens

After the presale concludes, a token generation event (TGE) will occur. Subsequently, revisit the Wall Street Memes website to claim and add your tokens to your wallet.

7. Roadmap

Phase 1 - Initial Development:

• Implement smart contract development.

• Establish community and brand presence.

• Initiate preliminary marketing efforts.

• Develop products and promotional merchandise.

Phase 2 - Launch:

• Announce the WSM token.

• Expand partnerships with various collaborators.

• List the token on decentralized (DEX) and centralized (CEX) exchanges.

• Intensify brand identity enhancement campaigns.

Phase 3 - Empowering the Community:

• Foster a robust and thriving community.

• Aim for market capitalization goals.

• Attain listing on tier-1 CEX platforms.

8. Channels

• Website: https://wallstmemes.com/

• Twitter: https://twitter.com/wallstmemes

• Telegram: https://t.me/wallst_memes

9. Conclusion

The WSM token symbolizes a dynamic force in the cryptocurrency realm, embodying the principles of decentralized finance and community-driven financial movements. With distinctive features and a commitment to democratizing the crypto space, it reflects the evolving landscape of digital assets. As it progresses through development, launch, and community empowerment phases, the WSM token is poised to leave a lasting imprint on the crypto world, championing the spirit of meme-driven success and reshaping traditional financial paradigms.