{"id":47124,"date":"2023-08-11T06:06:25","date_gmt":"2023-08-11T10:06:25","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/paypal-usd-fans-token-is-the-latest-crypto-to-blast-up-20000-overnight-and-crypto-experts-say-this-lesser-known-crypto-is-next\/"},"modified":"2023-08-11T06:06:27","modified_gmt":"2023-08-11T10:06:27","slug":"paypal-usd-fans-token-is-the-latest-crypto-to-blast-up-20000-overnight-and-crypto-experts-say-this-lesser-known-crypto-is-next","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=47124","title":{"rendered":"PayPal USD Fans Token is the Latest Crypto to Blast Up 20,000% Overnight and Crypto Experts Say This Lesser Known Crypto is Next"},"content":{"rendered":"<div>\n<p>In a slapstick shot at PayPal&#8217;s recent announcement of a new stablecoin, PYUSDF has become the latest DEX launched meme token to undertake a sensational overnight rally.<\/p>\n<p>The spin-off coin is a tongue-in-cheek take on PayPal&#8217;s new stablecoin offering, which sent waves through markets, initially on its 1:1 cash reserve but later due to a freeze function found in the smart contract.<\/p>\n<p>And in typical crypto fashion, DEX markets aren&#8217;t missing out on the action, with a surge in PayPal themed meme coins gaining substantial traction.<\/p>\n<h2><strong>PYUSDF Price Analysis: Can PayPal Meme Token Post-Second Rally?<\/strong><\/h2>\n<p>Launched at 16:00 on August 10, PYUSDF gained instant supercharged traction, as DEX traders raced in fuelling an almost unimaginable +10,500% candle in the opening hour<\/p>\n<p>The initial pump captured the attention of the market, and over the next 12 hours PYUSDF steadily fought its way up an additional +70%, until a final huge green candle (+50%) sent price skyrocketing to a local high at $0.03.<\/p>\n<p>Overall, PYUSDF saw an incredible +22,975% gain for early backers, driven by an enormous $1.32m in trading volume.<\/p>\n<p>Yet, as the saying goes all good things must come to an end, and PYUSDF is no exception.<\/p>\n<p>At 06:00 on August 11, a seismic dump dropped onto the chart, with price plummeting a dramatic -60% in less than an hour.<\/p>\n<p>Leaving traders in disarray, and markets in abject panic, the dump turned into a cascade and three hours later when the dust had settled top buyers were left facing a -93.5% move.<\/p>\n<p>But, now it appears PYUSDF could be staging for a second rally, as two consecutive hours of upside momentum have fought tough sell pressure to push up an admirable +40% in the hours since &#8211; leaving 1,180 bag holders hopeful.<\/p>\n<p>While DEX markets aren&#8217;t skipping a beat on PayPal&#8217;s entrance to the stablecoin market, less extreme investors are sizing up an emerging meme coin presale with long-term growth potential.<\/p>\n<h2><strong>Meme Coin With $23m Presale &amp; +1m Strong Community: Wall Street Memes\u00a0<\/strong><\/h2>\n<p>As the meme coin vertical makes a resurgence, there is one project on everyone&#8217;s watchlists and it&#8217;s not Dogecoin or JIM, the latest market entrant making waves on Crypto Twitter is Wall Street Memes.<\/p>\n<p>In a testament to the skyrocketing growth, the $WSM token community now stands one million strong, with the presale exceeding all expectations to amass +$23m in presale funding.<\/p>\n<p>The humungous feat is almost unprecedented for new meme coin projects that are yet to even hit the DEX markets, and investors are taking notice as the project emerges as a top choice for the biggest coin launch of Q3 2023.<\/p>\n<p>In a meme coin homage to the anti-bank investors that took on Wall Street, $WSM is aiming to transform powerful Wall Street Bets community sentiment into a tangible asset &#8211; seeking not only to tokenize the anti-bank movement but also to redefine our perception of digital value.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/wallstmemes\/status\/1689758693523374080\" loading=\"lazy\"><\/oembed><\/figure>\n<p>But what really has investors flocking in, is its democratic price point at just $0.0331, the WSM presale has surged with $23m raised. and with the speed of the presale growing faster by the day, there is a clear signal that investors could unlock lucrative gains with $WSM, not least because of the built-in +30% for presale investors in the initial listing.<\/p>\n<h2><strong>Wall Street Meme&#8217;s is Tipped for Major CEX Listing in Upcoming Launch<\/strong><\/h2>\n<p>In keeping with the original anti-bank philosophy, $WSM will be allocating 30% of the token supply to community rewards, with an additional 20% going towards liquidity, and 50% up for grabs in the presale &#8211; this is a democratic project for the masses.<\/p>\n<p>And this no-team split has fuelled the project&#8217;s explosive growth on social media, with the Wall Street Memes community now amassing an impressive +1m followers in the community.<\/p>\n<p>This explosive community growth is likely to incentive major CEX listings such as Gate.Io, which could propel the $WSM token on an incredible moonshot.<\/p>\n<p>With a proven track record stemming from the success of the Wall Street Bets NFT collection, this project continues to thrive off the original moment in history when $WSM exploded onto the scene.<\/p>\n<p>Don&#8217;t miss your chance to secure a slice of the next skyrocketing meme token.<\/p>\n<p><strong>Buy $WSM Here<\/strong><\/p>\n<p><i><sup>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/paypal-usd-fans-token-latest-crypto-blast-up-20000-overnight-crypto-experts-say-lesser-known-crypto-next.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a slapstick shot at PayPal&#8217;s recent announcement of a new stablecoin, PYUSDF has become the latest DEX launched meme token to undertake a sensational overnight rally. The spin-off coin is a tongue-in-cheek take on PayPal&#8217;s new stablecoin offering, which sent waves through markets, initially on its 1:1 cash reserve but later due to a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-47124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PayPal USD Fans Token is the Latest Crypto to Blast Up 20,000% Overnight and Crypto Experts Say This Lesser Known Crypto is Next | iFintechWorld<\/title>\n<meta name=\"description\" content=\"In a slapstick shot at PayPal&#039;s recent announcement of a new stablecoin, PYUSDF has become the latest DEX launched meme token to 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