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With the global cap increasing by 6% in the last 24 hours, the crypto market is showing a strong bullish momentum. While bitcoin’s institutional and mainstream adoption rally is underway — thanks to BlackRock’s application for a bitcoin ETF — altcoins and meme coins are also seeing explosive surges.
Pepe has emerged as one of the top performers, with the coin gaining close to 15%. Investors are encouraged that it will hit the $1 billion market cap again.
another meme coin making waves wall street memes, which is close to raising $9 million in its presale. The strong launch and community strength of the token is already drawing comparisons with Pepe.
Pepe Sees Bullish Resurgence – How Long Will The Rally Last?
Global meme coin phenomenon Pepe is pumping once again on the back of a market-wide crypto recovery. It is up more than 14.8% in the past 24 hours, taking its weekly gain to more than 15%.
The token is currently the top trending cryptocurrency on Coinmarketcap, with a 130% increase in its 24-hour trading volume.
Pepe’s success can be attributed to the strong boom in the crypto market, which is being led by the rapid rise of bitcoin. The top cryptocurrency is seeing historic institutional adoption, with some experts envisioning a $40k price level for BTC soon.
Investment giant Blackrock’s application for a spot bitcoin ETF broke barriers, shortly after Deutsche Bank applied for a license for the digital asset. Fidelity, Citadel and Charles Schwab have since launched a crypto exchange, offering trading in four crypto assets, including bitcoin.
WisdomTree, another investment management firm, has followed BlackRock and filed for a spot bitcoin ETF trading option.
BTC has crossed the $29k mark after skyrocketing 8% in the last 24 hours. Experts believe that as the bitcoin halving approaches, altcoins will also see a bullish price movement.
The positive sentiment surrounding the crypto market is good news for Pepe, which has been closely tracking the price of BTC over the past few weeks. However, investors will hope that the token can generate sustainable profits even during bear markets, a feat it has so far failed to achieve. A report by Sentiment revealed that Pepe was unable to secure retail investors even at its all-time high.
Michael van de Poppe, founder of MN Trading, believes that while Pepe has seen a strong surgeThere is as yet no clear continuation for the token.
Which other Meme Token traders are you supporting?
Pepe is not the only meme token right now, with Shiba Inu being another coin that is seeing rapid momentum.
Wall Street Memes is also garnering attention during its pre-sale, which is close to $10m and has been seen by Elon Musk,
Wall Street Memes Token Raises $9 Million, Is This The Next Pepe?
wall street memes token In recent weeks, MEME has emerged as one of the hottest buyers on the coin market. In just three weeks the token has raised a staggering $9 million in pre-sales.
The meme coin craze is still raging, with many backing the $WSM token to be the next global meme coin phenomenon.
The Wall Street memes movement was born out of the ground-breaking GameStop short squeeze in 2021, when a small army of Internet traders took on big-money institutions and won. Since then, it has created a global brand value by disrupting the traditional financial landscape through the power of community and memes. It receives over 40 million monthly social media impressions, even Elon Musk is a fan of its Twitter account.
The group has also established a strong client base in the Web3 space. It sold out its Wall St. Bulls NFT collection in 32 minutes, raising $2.5 million. Inspired by the success, it also recently launched its Bitcoin Ordinal NFT.
The Wall Street Memes group now wants to capitalize on that same community spirit and dominate the demand for the next popular meme coin.
Despite its immense popularity, Wall Street Memes Token has embraced community-driven tokennomics. The entire $2 billion WSM token supply is available to the public, with no private cuts for teams or any private sales.
50% of the tokens are only available during the pre-sale, allowing investors to take advantage of the early pre-sale prices, while 30% of the $WSM tokens are reserved to reward the community. 5 lucky djens will also receive $10k worth of $WSM tokens through a generous airdrop.
The coin is currently priced at $0.0298 but is selling out rapidly in the pre-sale. Investors have a limited opportunity to buy tokens with a bank card or by swapping ETH or USDT tokens.
Visit Wall Street Memes Presale
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