The cryptocurrency market has regained its bullish momentum, with an increase of 3.34% and a market capitalization of $1.07 trillion.
While this is good news for many, the phenomenal growth of the 4CHAN coin has become the center of attention. The digital asset saw a staggering 70,000% increase in a week.
This new breakout meme token has continued its strong bullish push, surging triple-digits in the past 24 hours.
Meanwhile, crypto experts are keeping an eye on another meme project, Wall Street Memes, with similar potential.
This innovative project encompasses a collection of financial memes, positioning it as the next big thing on the rise.
Meme Token for the Outliers
Joke cryptocurrencies have become the hottest trend and have posted the most significant gains within a short period.
Investors have continued to pile into the meme coin frenzy, driven by the explosive growth often associated with these digital assets.
While $PEPE has been the catalyst for what many have termed “meme coin season,” a new meme token, 4CHAN, is gaining popularity and momentum.
The digital asset takes a community-driven approach to give voice to the outcasts of society.
According to the project’s description, it operates without the control of any individual and functions as a playground for both rebellious spirits and meme lords.
Meme coins are evolving into a mode of communication for the minority, and these underdog stories are receiving extensive support from the social media-driven internet landscape.
The ideology has garnered significant acceptance among numerous investors, which is evident in the token’s impressive performance within a short period.
In just a week, 4CHAN experienced an extraordinary surge of 70,000%, accompanied by consistently positive performance in the past 24 hours.
At press time, the token is trading at $0.0000000001, indicating an uptrend of 158.18% in the past day.
Its 24-hour trading volume has also crossed the $5 million threshold, reflecting an impressive 256.78% increase so far.
This remarkable recovery has been spurred by a community clash between Redditors and 4Chan users, resulting in a migration of several Reddit users to the platform.
While 4CHAN has the potential to become a prominent meme cryptocurrency in the crypto space, another joke crypto is rising to stardom, offering even greater versatility.
Wall Street Memes ($WSM) – The Next Crypto to Explode?
Inspired by the GameStop events of 2021, Wall Street Memes represents a clear indication of the swift expansion of online communities within the financial sphere.
According to the project team, Wall Street Memes is not just a regular crypto project, as it embodies a unique movement.
Its native token, $WSM, serves as a tokenized representation of this experience, signifying the internet’s ability to challenge the grip of rampant capitalism.
With this vision in mind, the developers of Wall Street Memes aim to provide a template for retail investors to profit from seemingly worthless projects, offering rewards for holding these assets as a show of faith.
The project brings together a wide range of financial internet memes, encompassing an infinite variety for users to engage with, including animal-themed and regular memes.
Given the growing relevance of memes in social media communication, Wall Street Memes has been a resounding success.
Since its launch a few weeks ago, the project has attracted over 1 million community members, including notable figures like Elon Musk, who has interacted with the meme project on multiple occasions.
The project has also launched a Bitcoin-focused NFT collection called Wall Street Ordinals.
Building upon the success of a similar Ethereum-based launch by the team in 2021, which sold out in a mere 32 minutes, early-bird investors now have the opportunity to tap into this valuable utility.
Wall Street Memes has also garnered substantial online attention, with over 400 million impressions, bolstering its presale stage.
At press time, the $WSM token has raised over $8.12 million. Early-bird investors can purchase the asset at its current price of $0.0292 before the next hike in 24 hours.
Analysts also predict a tier-1 exchange listing in the coming weeks, making this an ideal moment to purchase $WSM and benefit from the projected rise.
How to Buy $WSM
To buy the $WSM token, investors can follow these steps:
Create a Crypto Wallet
The first step is to create a crypto wallet, which will be required to hold the virtual asset. We recommend the MetaMask wallet for desktops and the Trust Wallet for mobile devices.
The Wall Street Memes presale website also supports multiple other wallet connections.
Purchase USDT, BNB, or ETH
After the setup is complete, users must purchase Ethereum (ETH), Binance coin (BNB), or Tether (USDT). These digital currencies can be purchased on most crypto exchanges and then transferred to the wallet.
Connect Wallet
Once the wallet has been created, head back to the Wall Street Memes presale website.
Then tap on the ‘Buy Now’ button at the bottom of the amount countdown and choose a preferred wallet to work with.
Next, a prompt will be generated on the selected crypto wallet to connect both platforms. Click on ‘Connect’ and follow the on-screen instructions.
Swap ETH, BNB, and USDT for $WSM
Investors must select whether to purchase $WSM tokens with USDT, BNB, or ETH and enter the number of tokens.
Once done, tap the ‘Buy Now’ button to complete the process. The $WSM token will automatically be added to the connected wallet address.
Visit Wall Street Memes Here
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Read the full article here
