Wall Street memes price prediction as new meme coin is backed to pump following successful IEO and crypto Casino launch


The world of meme coins has a new player making waves and turning heads – Wall Street Memes (WSM).

Chart

This new token has traders buzzing after a successful initial exchange offering (IEO) that saw early backers make significant profits.

With hype continuing to build, Wall Street Memes looks poised for an end-of-year price pump – but can the momentum be sustained?

Wall Street Memes brings satire & rewards to the Meme Coin space

Emerging from the viral “WallStreetBets” movement, Wall Street Memes has rapidly established itself as a major player in the meme coin market.

With over 1.1 million engaged community members, WSM blends elements of internet culture and decentralized finance (DeFi) into a unique brand.

The project leans heavily into satirical antics, posting memes and making fun of the large institutions on Wall Street.

Chart

This is reflected in Wall Street Memes’ social media channels, with the project’s X (formerly Twitter) account regularly posting humorous content about the financial markets.

Beyond effective branding, WSM allows investors to stake their holdings and earn rewards based on the size of the staking pool.

Estimated rewards are currently set at 41% APY, with over 482 million WSM pledged.

Chart

This provides crypto enthusiasts a passive income stream while supporting the project's network.

With its branding, staking rewards, and engaged community, WSM brings a unique personality to the crypto market – helping it become the fifth most-traded meme coin in the world.

New Wall Street Memes Casino & updated roadmap could ignite investor interest

In an exciting development, Wall Street Memes’ creators have unveiled their latest product – the Wall Street Memes Casino.

This high-stakes move into the emerging world of decentralized gambling, or GambleFi, could be a game-changer for WSM.

Offering over 5,000 games, including WSM-exclusive titles, the new casino also features live sports betting with an array of markets to choose from.

Chart

The platform accepts major cryptocurrencies like BTC and ETH but also seamlessly integrates the native WSM token.

Token holders even get 200 free spins when making their first deposit in WSM.

Notably, the casino integrates directly with Telegram chats, enabling users to engage in gaming without leaving the app.

This creates a smooth and accessible experience, allowing WSM's team to access Telegram's base of over 700 million monthly active users (MAUs).

fxsoriginal

With crypto casinos proving lucrative for projects like Rollbit, the Wall Street Memes Casino could reignite renewed interest and investment in WSM.

Looking ahead, Wall Street Memes has big plans mapped out in the newly updated roadmap through 2024.

Exclusive high-roller communities, marketing campaigns, partnerships, and new games are all on the horizon.

The project’s website has also been revamped, providing visitors with a slick, streamlined overview of the meme coin’s offerings, including the casino, burn mechanism, and more.

WSM price poised for rally as Casino unlocks new utility

With the launch of the hotly-anticipated Wall Street Memes Casino, WSM looks primed for a price resurgence after dropping from its high of $0.0797 on September 30.

Currently trading around $0.020, savvy investors see this as an opportunity to buy the dip before the next bullish leg.

As casino revenue streams into Wall Street Memes’ ecosystem, upside pressure could quickly build.

Chart

And with thousands of games available right from launch, user adoption could be swift – boosting demand for WSM further.

Speculation is already mounting around how much market cap WSM can regain in the weeks ahead, with a return to previous highs requiring a 277% gain from current levels.

However, with the macro environment improving and WSM unlocking new utility, such a gain is within the realm of possibilities before the end of 2023 – especially given the speculative nature of meme coins.

With newfound use cases and strong community momentum, the environment seems ideal for Wall Street Memes to rise once again, setting the token up for an exciting few weeks ahead.


Buy Wall Street Memes Token


ETF News provides quality insights in the form of financial guides and video tutorials on buying and investing in stocks. We compare the top providers and provide detailed insight into their product offerings. We do not advise or recommend any provider but want to enable our readers to make informed decisions and trade on their own responsibility. Contracts for Difference (“CFDs”) are leveraged products and carry a significant risk of loss for your capital. Up to 67 % of retail investor accounts lose money trading with the brokers compared on this website. Please make sure you fully understand the risks and seek independent advice. By continuing to use this website, you agree to our Privacy Policy.

Recommended content


Recommended Content

Editors’ Picks

Solana Price Forecast: Bulls raise $200M leverage after three-day losing streak

Solana Price Forecast: Bulls raise $200M leverage after three-day losing streak

Solana price rebounded by a mild 3% on Wednesday, halting a 3-day losing streak, as markets reacted positively to the latest US Fed rate pause decision. Derivatives markets trends show aggressive leverage activity among bulls traders, signaling growing conviction on further SOL upside. 

More Solana News
Bitcoin update: US Fed leaves rates unchanged, CME to attract investors with options on BTC Friday futures

Bitcoin update: US Fed leaves rates unchanged, CME to attract investors with options on BTC Friday futures

Bitcoin is up 3% on Wednesday following the Federal Reserve's decision to leave interest rates unchanged at 4.25% - 4.50%, in line with expectations. Additionally, the Chicago Mercantile Exchange Group announced that it plans to launch options on its Bitcoin Friday futures on February 24.

More Bitcoin News
Ethereum Price Forecast: ETH could rally 35% as investors anticipate a historically positive February

Ethereum Price Forecast: ETH could rally 35% as investors anticipate a historically positive February

Ethereum is trading around $3,100 on Wednesday, with indications that investors might be positioning for a potential rally in February. From a technical perspective, ETH could rise by 35% if it achieves a high-volume move above the resistance level of a falling wedge pattern.

More Ethereum News
Chainlink Price Forecast: LINK faces $150M sell-off amid Trump Media Truth.Fi crypto investment plan

Chainlink Price Forecast: LINK faces $150M sell-off amid Trump Media Truth.Fi crypto investment plan

Chainlink price consolidated above $22 on Wednesday, showing signs of stabilization after a tumultuous week that saw the token lose 11.9%. LINK has struggled to break free from a downturn that began on Inauguration Day. 

More Chainlink News
Bitcoin: BTC holdings of large investors surges as Trump takes the Oval Office

Bitcoin: BTC holdings of large investors surges as Trump takes the Oval Office

Bitcoin (BTC) trades in the green and hovers above $105,000 on Friday after hitting a new all-time high of $109,588 on Monday. CryptoQuant’s weekly report highlights that the demand for BTC from large investors surges as US President Donald Trump takes the Oval Office.

Read full analysis
Trusted Broker Reviews for Smarter Trading

Trusted Broker Reviews for Smarter Trading

VERIFIED Discover in-depth reviews of reliable brokers. Compare features like spreads, leverage, and platforms. Find the perfect fit for your trading style, from CFDs to Forex pairs like EUR/USD and Gold.

Read More

BTC

ETH

XRP