How To Buy Wall Street Memes (WSM) Crypto in December 2024
Wall Street Memes is a meme coin that has backing from the Wall Street Memes social media community. The token recently experienced a surge after finishing is hugely successful presale event and listing on major exchanges.
The success of the token’s presale has established WSM as one of the most promising meme projects to invest in 2024. As a result, the token is considered to be a strong addition to any crypto portfolio.
In this article, we will take a look at how to buy Wall Street Memes (WSM) using OKX. However, the token is listed on a number of other reputable exchanges including Kucoin, Gate.io and BitMart.
Your money is at risk.
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How to Buy Wall Street Memes Step By Step
After a successful presale, Wall Steet Memes was launched on a number of exchanges including OKX, KuCoin, Gate.io and BitMart. For this example, we will demonstrate how to buy WSM on OKX.
Step 1: Create an OKX account
The first step is to create an account for the OKX exchange. You can do this by completing the registration form or using an existing digital account to sign up to the platform. For example, you can sign in with your Google account or your Telegram account.
OKX is a centralized exchange which means that new users must pass KYC requirements. This means providing personal details, proof of identity and proof of address.
After registering, you will be asked to verify your account via email or over the phone.
Step 2: Fund your trading account
To buy WSM, you will need to fund your account with ETH or USDT tokens.
You can do this by sending tokens from an external wallet of buying them with a debit card directly through the exchange.
To buy cryptos directly from the OKX platform, navigate to ‘buy cryptos’ and choose ‘express buy’. You will then be prompted to complete the transaction.
The tokens will then appear in your OKX wallet.
Step 3: Swap ETH for WSM
The next step is to navigate to ‘trade’ and swap ETH (or USDT) for WSM. You can choose a ‘swap & bridge’ or ‘limit order’.
Search for Wall Street Memes by typing the ticker symbol into the search box. You can also find the token by pasting the official address into the search field.
Once the swap is complete, WSM tokens will appear in your OKX wallet.
Step 4: Transfer tokens to third-party wallet
Even though OKX is a reputable crypto exchange, it is a good idea to transfer your tokens to a third-party crypto wallet. Cold wallets such as Ledger are recommended because they are not permanently connected to the internet which means that they are less prone to hacking.
To transfer your WSM tokens to an external wallet, navigate to your OKX wallet and select ‘send’. Then, enter the amount of tokens you would like to send and enter the exact address of your third-party wallet.
Your money is at risk.
What is Wall Street Memes?
Wall Street Memes is the home of web2 internet culture with a fan base of 400,000 followers across Instagram and Twitter. WSM is the native token of the ecosystem that aims to capitalize off of the popularity that the movement has seen over the years to become one of the best meme coins to buy right now.
The project is a meme coin initiative that aims to help followers make profits off of ‘useless’ meme tokens that have a track record of huge returns. The Wall Street Memes movement will offer followers the opportunity to make returns by investing early in the next big meme token via presale event.
The main focus of Wall Street Memes is community- the platform have already built a strong community of followers and plans to expand this. As part of the WSM community, followers can share memes, get information on trending meme tokens, share humor and connect with like-minded individuals.
The project will harness the power of community to drive the price of WSM. The team will also hold regular airdrops to encourage more people to invest in the token and to grow the community. To receive free crypto through an airdrop, you must hold WSM and be part of the community by connecting to the Wall Street Memes social channels.
What is the point of Wall Street Memes?
Wall Street Memes was created to harness the power of meme culture and community to provide early investors with generous returns. The team behind the project aim to create a genuine meme project that utilizes social media, FOMO and humor to generate value. The project is 100% community focused with all tokens being distributed to the WSM community in some way.
Wall Street Memes project roadmap
The Wall Street Memes crypto project will follow a fairly simple roadmap. The first stage is the token presale which ended in the summer of 2023. There were 30 stages to the presale and the price of WSM increased at each stage- offering guaranteed rewards to early investors. The event raised over $25 million, making it one of the most successful crypto presales of 2024.
When the presale ended, WSM was listed on major exchanges. The price of the token exploded during the listing periods, providing generous returns to early investors. Since the listings, the project has held several airdrop events to encourage investors to hold their tokens long term.
More recently, the Wall Street Memes project announced the launch of it’s native crypto casino. Here, investors can use their tokens to play online casino games and potentially win rewards. The Wall Street Memes casino is regulated by Telegram and provides hundreds of different games to choose from.
The team behind Wall Street Memes plans to continue developing and expanding the project to grow the community and value of WSM over time. Regular future airdrops will encourage investing and further exchange listings will occur overtime.
WSM tokenomics
WSM is an ERC20 meme token that is built on the ethereum blockchain. Unlike other meme coins, WSM has utility and can be used to access the Wall Street Memes casino and airdrop events. WSM is an extension of the already-popular Wall Street Memes platform that is likely to be popular with existing community members.
The total supply of WSM is 2 billion. 50% of these tokens were available to buy via presale, 30% will be used for community rewards, 10% were used for centralized exchange listings and 10% were used for decentralized exchange listings. 100% of tokens will be given to the community.
Investors can purchase WSM with ETH, USDT. BNB or card. At the moment, the best place to buy WSM is OKX.
Wall St Bulls NFTs
As well as offering a meme token to investors, the Wall Street Memes project has launched its own NFT collection, Wall St Bulls. The NFT collection was created back in 2021 and has a total of 10k NFTs that are built on the ethereum blockchain network. Wall St Bulls are available on the best NFT marketplace OpenSea.
The NFTs all represent cartoon bulls that pay homage to the sought after ‘bull market’. The NFTs will advertise alongside the Wall Street Memes project to bring awareness to the exclusive collection.
As well as NFTs, the Wall Street Memes project has also launched a range of merch which can be purchased by community members. The aim of the merch is to strengthen the community and raise awareness for the project. The merch includes Tshirts, mugs, caps and sweatshirts that are inspired by popular Wall Street Memes.
Pros and cons of investing in Wall Street Memes
Wall Street Memes is a meme project that hopes to generate returns for early investors. But, is WSM a good token to invest in [cur_uear]? Below, we take a look at the main pros and cons of the project to help you decide.
Pros:
- The project has an existing community of 400k followers that support the development of WSM.
- 100% of WSM tokens will be given to the community.
- Elon Musk has engaged with Wall Street Memes social media which suggests that the tech giant supports the project.
- Investors can earn free crypto through regular airdrops and telegram casino.
- WSM is listed on several top tier exchanges including OKX, BitMart and Kucoin.
Cons:
- Meme coins are known for their volatility.
- Wall Street Memes is a new crypto project and it is difficult to predict market sentiment.
Your money is at risk.
Will Wall Street Memes be the next meme token to explode?
Wall Street Memes is a huge community that has attracted the attention of big players in the crypto space. Despite only recently launching its presale event, the project has already managed to raise $130k. The price of the token will increase at every stage of the presale which will generate guaranteed returns for investors.
So far, the project seems to be recreating the success of SPONGE and COPIUM which both saw price pumps at early stages of their launch.
Whether or not WSM will explode is a good question. It seems that the project is making waves and attracting investors from around the globe. The team has also been successful in building hype around the project which has seen it make headlines.
However, there can never be a guarantee on future price and we cannot say for sure that this coin will ‘explode’. Nevertheless, investors could see returns from airdrops and by taking part in the native casino.
Our Verdict on Wall Street Memes coin
Wall Street Memes (WSM) is a new meme project that aims to become the next best meme token to buy. In this guide, we have explained how to purchase the token through OKX and the process is the same on most crypto exchanges. The earlier you invest, the higher your returns could be. Therefore, it is a good idea to invest now before the project attracts more investors and continues to develop.
Your money is at risk.
FAQs
Are meme coins a good investment in 2023?
Yes, meme coins have done very well so far in 2023. Tokens such as PEPE and COPIUM have seen huge price surges and generated great returns for investors. If you missed the chance to make money from these tokens, WSM could be your chance to see returns.
Is WSM legit?
Yes, Wall Street Memes is a legit crypto project that aims to provide returns to investors. However, investors should be careful when investing in new cryptocurrencies.
Will WSM token ever reach $1?
We cannot say for sure whether WSM will ever reach $1 however it certainly isn’t impossible. Meme tokens have a history of experiencing huge price pumps and $1 could be possible with the right community support.
Ruby Layram Finance Editor
View all posts by Ruby LayramRuby is a Finance Editor who has 5 years of experience in the finance and cryptocurrency space. Ruby attended the University of Winchester where she received a BSc in Psychology. During her studies, Ruby developed an interest in financial psychology and began writing content around the topic on a freelance basis. Whilst she was studying for her degree, Ruby spent time learning about personal finance, investing and trading. She has written content for The Motley Fool UK, Bankless Times and Cryptonary where she also worked as an editor. Her interest in cryptocurrency came about after writing a piece for The Motley Fool about the rise of CBDCs. Since then, Ruby has actively invested in the crypto market with a focus on long-term investing. Ruby is also an experienced trader with good analytical skills. She has used a used a variety of platforms and tools to trade and has first-hand experience with many of the platforms that are featured on the Trading Platforms website.
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