How to Buy Wall Street Memes Presale Token in 2024 – Beginner’s Guide

Wall Street Memes is a new presale meme coin that has made headlines following its explosive beginnings.

The presale has raised more than $25 million ahead of its closing date on September 25, with an explosive IEO to follow.

In this guide, we walk you through how to invest in Wall Street Memes presale tokens for the best price.

How to Buy Wall Street Memes Tokens at Presale

Find out below how to buy Wall Street Memes presale in five simple steps that should take less than ten minutes.

Step 1: Create a Crypto Wallet

Create a crypto software wallet. We recommend MetaMask since it is easy to use and available on both PC and mobile.

Start by downloading the MetaMask app to your device, then follow the instructions to create an account. Be sure to store your seed phrase safely since you may need it to recover your account.

Step 2: Purchase Crypto to Fund Your Investment

Next, load your software wallet with crypto to fund your investment. The presale accepts ERC-20 (Ethereum) and BEP-20 (Binance) payments, but we will use the ERC-20 network for this tutorial.

Purchase either ETH or USDT with card directly on MetaMask, or send fiat to your centralised exchange account, then purchase ETH or USDT and send it to your software wallet.

Step 3: Visit the Wall Street Memes Website

Head to the Wall Street Memes presale and click the “Connect Wallet” button. The only official site is wallstmemes.com – beware of fake domains. Then, follow the instructions, authorising the connection on Metamask when prompted.

Step 4: Buy $WSM Tokens

Choose the amount of $WSM tokens you want to buy, denominated in ETH or USDT. Then go ahead, and complete the transaction.

Step 5: Claim Your Tokens

The end of the presale will trigger a token generation event (TGE). Following this, you can revisit the Wall Street Memes website to claim and add your tokens to your wallet.

What is Wall Street Memes?

Wall Street Memes is a brand new presale meme coin that exploded out the gate with over $1 million in less than a week.

Now in its final week until the presale closes, more than $25 million has been raised with huge excitement building ahead of the IEO, which is expected to take place on a tier-1 CEX.

Many analysts praise this meme coin, with YouTuber Jacob Bury putting it top of the list for the best meme coins with 10X potential.

Born out of the Wall Street Bets Reddit community and the GameStop saga of 2021, Wall Street Memes’ mission statement is to “tokenise the movement”, enabling the average investor to get rich from meme tokens, as many have from meme stocks.

The original Wall Street Bets community ethos was to fight capitalism by retail traders joining forces to beat institutional traders at their own game of stop hunting and liquidating in the markets.

However, the movement shifted to crypto, with investors wanting sovereignty over their assets like crypto and NFTs. This was amplified as brokerages halted trading on GameStop during the saga, following which, investors moved to crypto to break away from TradFi platforms.

The Wall Street Memes brand initially launched an NFT collection in 2021, Wall St Bulls, which sold out in 32 minutes, earning over $2.5 million for the creators.

Following its NFT line, the team established a global social media brand, opening channels across multiple platforms. So far, the project has over one million followers, with high-profile industry figures like Elon Musk engaging with the account.

In total, there are two billion tokens, with 50% available at presale and the rest split between liquidity and community rewards, which includes an airdrop and staking.

At the time of writing, more than 340 million WSM tokens have been locked in the staking pool, with a current estimated annualized yield percentage of 58% – that figure will go down if and when more tokens are locked, with tokens having a seven-day minimum lock period.

In celebration of the presale, the team have launched an airdrop worth $50K, split between five competition winners users who complete a series of simple tasks. Find out more about the airdrop in the Wall Street Memes Discord.

The Purpose of the Wall Street Memes Token

Although a meme coin, the Wall Street Memes team has already launched numerous initiatives, like running a $50K airdrop and dropping 420 NFTs and merch.

While the $WSM is not required to participate in all these events, the token could grant access to similar future events. Also, the token will provide holders with a symbol that they are part of the community.

The token also has a long-term shelf life because of its staking mechanism, which is currently offering an estimated APY of 58%.

Reasons to Buy Wall Street Memes at Presale

While it remains to be seen if Wall Street Memes is the next crypto coin to explode, several factors are working in its favour.

Speculate on Meme Coins

Since the project already has a large following, it will likely soar during the next meme coin bull run. Therefore, the Wall Street Memes token could be a great way to maximise gains while speculating on the meme coin asset class.

The Team Has a Proven Track Record

Although anonymous, the team has already proven they can issue in-demand crypto products through its Wall St Bulls NFT project.

Staking

As outlined above, Wall Street Memes offers staking rewards as an Ethereum-based ERC-20 token.

That means token holders can lock their tokens inside the staking pool and generate WSM rewards.

At the time of writing, more than 340 million tokens have been locked in the pool, with an estimated APY of 58% and 75 WSM rewarded per block.

There is a five-year schedule on the staking tokens, giving the project a long-term shelf life, especially compared to other meme coins that often struggle to last longer than a week.

Token holders should note there is a seven-day minimum locking period.

Discounted Price

The current $WSM price is $0.0337, with only a week remaining in the presale. With more than $25 million raised and anticipated and hype building, many analysts expect the price to rocket after the IEO, which is expected to take place on a tier-1 CEX.

For example, the popular presale meme coin Tamadoge surged 18X from its stage one presale price.

Wall Street Memes Tokenomics and Presale Information

There are two billion $WSM tokens – a small supply for a meme coin –  50% are available at presale, 30% are allocated to community rewards, including an airdrop and staking, 10% to DEX liquidity and 10% to CEX liquidity.

Whether Wall Street Memes could be a crypto with long-term potential remains to be seen. However, the fact that no tokens are withheld for the team looks set to bolster its short- to medium-term price potential.

Wall Street Memes Price Prediction – What is the Potential of $WSM?

So far, Wall Street Memes has raised over $25 million in one of the best ICOs of the last 24 months.

The project’s explosive performance is a testament to the strength and interest of its one million followers and sets a strong precedent looking ahead.

While all presales carry risk, the project’s fiery start, track record with Wall St Bulls, and massive audience leads us to expect potential highs of $0.15 by the end of 2025.

Read our full Wall Street Memes price forecast.

Closing Thoughts

Wall Street Memes is a popular meme coin with a strong message. This has enabled it to generate vast amounts of hype and raise $25 million through its presale.

The project also offers generous staking rewards, has a huge community behind it and has also caught the attention of whale investors.

It is best for investors looking to purchase the Wall Street Memes presale to do so quickly since the price will continually increase until its IEO.

The closing date for the presale is September 25, with an explosive IEO – expected to take place on a tier-1 CEX – to follow.

FAQs

Elliott Lee

Editor

Elliott Lee

Editor

Elliott is a British cryptocurrency journalist and copywriter. Having spent the past couple of years immersed in everything crypto, he now spends his time researching the most impactful cryptocurrency trends. He looks for projects with long-term visions and is a huge believer that blockchain technology can solve the world's most pressing issues.

All Articles by Elliott Lee