{"id":49986,"date":"2023-08-18T06:17:59","date_gmt":"2023-08-18T10:17:59","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/as-tele-token-shoots-up-50000-crypto-whales-are-accumulating-this-lesser-known-meme-coin-before-it-lists-on-exchanges\/"},"modified":"2023-08-18T06:18:02","modified_gmt":"2023-08-18T10:18:02","slug":"as-tele-token-shoots-up-50000-crypto-whales-are-accumulating-this-lesser-known-meme-coin-before-it-lists-on-exchanges","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=49986","title":{"rendered":"As TELE Token Shoots Up 50,000%, Crypto Whales are Accumulating This Lesser Known Meme Coin Before it Lists on Exchanges"},"content":{"rendered":"
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In the latest straight to DEX moon-shot, TELE token has fired up +50,000% in a seismic move sending shockwaves through DEX markets.<\/p>\n

This comes amid a wider interest in DEX tokens that take aim at the emerging trend for Telegram trading bots, which enable traders to execute bot trading strategies.<\/p>\n

TELE Price Analysis: Will Technical Structure Hold After +50,000% Rally?<\/strong><\/h2>\n

Despite a backdrop of gloom and doom from major crypto assets like Bitcoin, which dropped overnight due to the combined news that Chinese giant Evergrande have filed for bankruptcy, and Space X have sold their BTC stack – TELE is trading high at a current price of $0.295 (a 24-hour change of +29,286%).<\/p>\n

Launched at just 9PM yesterday (August 17), TELE gained almost immediate traction in the opening hour as eagle-eyed DEX traders took aim at the narrative potential of the project.<\/p>\n

This drove an initial +7,225% candle in the opening hour, firing price up from $0.003 to $0.225, in a move that caught DEX markets off-guard.<\/p>\n

With a monolithic launch candle, the steady flow of traction soon trickled into a flood of DEX volume, with more than $3.6m in trading volume sweeping into the project.<\/p>\n

The price of TELE boomed – hitting an all-time high around 3AM the following morning (August 18) at $0.40, leaving early backers sat on top of an almost +50,000 gain from launch.<\/p>\n

Better yet? TELE is still riding high, with a well-defended consolidation above $0.25 in the 7 hours since.<\/p>\n

And with TELE still trending as the ‘Hot #6’ on DEXtools, it could be that all is not over quite yet.<\/p>\n

However, as ever with DEX trading, there are some risks – it is noteworthy that despite the +$3.6m market cap, there is only $238k liquidity locked – and with a 3% transactional tax, if price collapses it might be harder to sell than 1.2k bag-holders anticipate.<\/p>\n

Wall Street Memes Explodes +$25M Raised in Biggest Meme Coin Presale of 2023<\/strong><\/h2>\n

As the meme coin vertical makes a resurgence, there is one project on everyone’s watchlists and it’s not Dogecoin or JIM, the latest market entrant making waves on Crypto Twitter is Wall Street Memes.<\/p>\n

In a testament to the skyrocketing growth, the $WSM token community now stands one million strong, with the presale exceeding all expectations to amass +$25m in presale funding – now standing as the biggest meme coin presale of 2023.<\/p>\n

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

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 – seeking not only to tokenize the anti-bank movement but also to redefine our perception of digital value.<\/p>\n

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But what really has investors flocking in, is its democratic price point at just $0.0334, the WSM presale has surged with $25m 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

Mysterious Crypto Whale Buys $1M Amid Wall Street Memes Presale Hype<\/strong><\/h2>\n

A crypto whale invested $1 million in the Wall Street Memes $WSM presale in early August \u2013 maybe it was Elon Musk.\u00a0<\/p>\n

The mystery whale address purchased $WSM in five transactions amounting to 460 ETH valued at $840,000 executed over six minutes.<\/p>\n

A further 93 ETH were made from the same wallet two weeks earlier. In total, $1 million has been invested in $WSM by the mystery crypto whale.<\/p>\n

The crypto whale purchases are a significant vote of confidence in Wall Street Memes<\/u> and its return on investment potential.\u00a0<\/p>\n

The $WSM crypto whale\u2019s token purchases can be seen on Etherscan<\/u>.\u00a0<\/p>\n

The same whale address also bought 93 ETH worth of $WSM <\/u>in a prior transaction.\u00a0<\/p>\n

Wall Street Meme’s Million Strong Community Are Lynchpin of Success<\/strong><\/h2>\n

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 – this is a democratic project for the masses.<\/p>\n

And this no-team split has fuelled the project’s explosive growth on social media, with the Wall Street Memes community now amassing an impressive +1m followers in the community.<\/p>\n

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

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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

Don’t miss your chance to secure a slice of the next skyrocketing meme token – connect with Wall Street Memes on Twitter <\/a>and Telegram.<\/p>\n

Buy $WSM Here<\/strong><\/p>\n

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