{"id":53346,"date":"2023-08-26T15:25:15","date_gmt":"2023-08-26T19:25:15","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/as-trump-token-shoots-up-10000-wall-street-memes-could-be-the-next-crypto-to-explode-heres-why\/"},"modified":"2023-08-26T15:25:19","modified_gmt":"2023-08-26T19:25:19","slug":"as-trump-token-shoots-up-10000-wall-street-memes-could-be-the-next-crypto-to-explode-heres-why","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=53346","title":{"rendered":"As TRUMP Token Shoots Up 10,000%, Wall Street Memes Could Be the Next Crypto to Explode \u2013 Here’s Why"},"content":{"rendered":"
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As former President Donald Trump reels following his surrender at the Fulton County jail, DEX market traders haven’t missed out on the action – with the TRUMP meme coin exploding +10,000% in the wake of the news.<\/p>\n

This comes amid the State of Georgia v. Donald Trump indictment case, which yesterday (August 24) saw Trump surrender to authorities in Georgia for mug-shot and paperwork processing.<\/p>\n

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Trump has already agreed to post bond to the tune of $200,000, and has stated he will refrain from antagonizing the situation on social media until trial.<\/p>\n

And with DEX markets charged following the dramatic move, TRUMP token was an obvious choice for big gainers today.<\/p>\n

TRUMP Price Analysis: Can TRUMP Token Sustain Huge DEX Pump?<\/strong><\/h2>\n

In the aftermath of the sensational move, TRUMP token is currently trading at a market price of $0.05617 (a 24-hour change of +268%).<\/p>\n

This comes as the TRUMP token enters a -42% retracement move, after rejection from a local high at $0.1.<\/p>\n

The huge pump was triggered at 2:00AM on August 25, the same hour that Donald Trump tweeted the now iconic lizard-like mugshot.<\/p>\n

Traction grew rapidly in the first hour of the pump, with the opening candle of the rally sequence demarcating a 400% gain – in a stunning climb from $0.01 to $0.045.<\/p>\n

Eagle-eyed DEX traders, lured in by the sudden spike in trading volume rushed to get in on the action – and over the next 3 hours TRUMP price pushed up a further +200%.<\/p>\n

This almost brings the rally gains to a shocking +10,000%, but as the saying goes – all good things must come to an end – and now TRUMP has already entered serious retracement.<\/p>\n

The -42% drop from the local high appears to be consolidating above a key support level at $0.05 – and things could still bounce from here with buy pressure remaining strong at 56% of transactions in the past hour.<\/p>\n

Furthermore, with a growing legion of 1.15k TRUMP bag-holders, and a market cap now exceeding $2.5m, the TRUMP token seems poised awaiting the next major MAGA news.<\/p>\n

But while bold risk-taking DEX traders are holding the line on TRUMP, investors seeking a safer play are turning to the biggest meme coin presale of 2023 – which saw $25m raised and now has a handful of remaining tokens up for grabs before a planned CEX launch in coming weeks.<\/p>\n

Discover $WSM: The Biggest Meme Coin Launch of Summer 2023<\/strong><\/h2>\n

Wall Street Memes emerged as one of the biggest meme coin presales of 2023 over the past few months, with the seed funding rounds amassing more than $25m from early backers.<\/p>\n

Bolstered by the support of this over 1m+ strong community, this rockstar project is expected to make substantial gains upon CEX launch – lets deep-dive into exactly why.<\/p>\n

Deep-Dive: Why is Wall Street Memes Expected to Explode?<\/strong><\/h2>\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 over $25 million 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 CEX 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 $0.0337, which has allured thousands of early backers given the WSM presale has surged with $25m raised.<\/p>\n

Furthermore, 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

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

In one instance that stands to show the excitement around this meme coin, a crypto whale invested $1 million in the Wall Street Memes $WSM presale in early August \u2013 maybe it was Elon Musk?<\/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 and Moon-Shot Tokenomics<\/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 moon-shot.<\/p>\n

And with long-term holding incentivized by Wall Street Meme’s novel staking mechanism – which boasts an eye-watering 282% APY – this token seems destined to explode.<\/p>\n

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