$WSM Soars, Joins Top 10 Meme Coins; Pepe-Shib Decline

Sep 28, 2023 | Market Data




$WSM Soars, Joins Top 10 Meme Coins; Pepe-Shib Decline

In a surprising turn of events, Wall Street Memes ($WSM) has bumped its way into the top meme currencies just a day after listing on the major centralized exchanges, OKX and Huobi.

$WSM initially beat the market in the pre-sell phase, with an opening price as low as $0.025. But in just 24 hours, the stock rose to $0.040 for an impressive 60% gain, while the price on OKX surged an impressive 106% over the past 24 hours of trading activity for $WSM to reach $ An incredibly impressive WSM, and brought in an incredible market cap of $78 million .

Sorting meme coins based on 24-hour trading volume on a fully diluted basis, $WSM has earned the fourth spot in CoinGecko’s rankings.

1. Wall Street Memes takes Top 10 position in Europe, claims No.1 on OKX

The influx of Wall Street Memes ($WSM) has not gone unnoticed, especially in Europe, where it has quickly established itself as a top 10 meme coin largely because it has reached the top spot on OKX’s lists.


$WSM has also gained significant traction on the CoinMarketCap community page, as passionate $WSM backers are now aiming for a goal close to a market cap of $100 million.

2. WSM aims to democratize finance, the No.1 attribute at Dextools

Wall Street Memes is on a mission to revolutionize the financial industry by representing the interests of an investor versus established Wall Street giants in the lives of 1.1 million members strong the group that rose to prominence during the meme stocks craze and the Wall Street Bets subreddit , Wall Street Memes is the “King of Stonks” in the world of cryptocurrencies. It brings personality.


After a successful first sale that raised more than $25 million, $WSM is now listed on five central exchanges. In addition to OKX and Huobi, Bitmart, LBank and BingX have joined, with more changes expected to follow.

On Dextools, $WSM occupies the top two positions in the trending hot pairs. The token debuted on OKEx, a top-10 centralized exchange, and immediately surpassed $12 million in trading volume, according to CoinMarketCap data. Listed as $WSM on OKX shortly after, Huobi’s trading volume rose to $27.8 million.

3. WSM shines brighter than Shiba Inu and Pepe, ready for further development

The sharp rise in $WSM contrasts sharply with the relatively slow performance of established meme coins like Shiba Inu and Pepe.

Shiba Inu is trying to increase its profitability with the upgraded Shibarium. But the wider crisis has raised concerns about the group’s ability to execute effectively. On the other hand, the Pepe coin, which is portrayed as a pure worthless meme coin, has shown little improvement over the past week despite occasional signs of life

It should be noted that Pepe has gained 2500% since launch, while Shiba Inu has seen an impressive 80,000x increase from its lowest point

It looks like $WSM is poised to follow the brilliant path of other major meme currencies with a product that delivers on its impressive initial momentum. Market participants looking for alpha are advised to keep a close eye on $WSM, as it is just beginning its journey.

The fund also drew attention as one of the biggest gainers on OKX, thanks to its attractive initial list price. It reached an all-time high of $0.047 in its short trading history, which translates to a 106% gain on OKX.

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