Token

2024

Burn

Wall Street Memes

<p>Meme coin markets are exploding with excitement ahead of Wall Street Memes’ inaugural burn event tomorrow, with the $WSM price skyrocketing +75% as traders race to take position.</p>    
<p>Meme coin-focused social media interventions from <a href="https://twitter.com/elonmusk/status/1762230897515098442">Elon Musk</a> and bitcoin trading above $61,000 have combined to bring money flooding back into crypto.&nbsp;</p>   
<p><a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">Wall Street Memes</a> is triggering major $WSM price action with a huge burn event set to see 5% of the token supply removed from play in less than 24 hours.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">A HUGE 5% of the total <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WSM</a> supply,&nbsp; which equates to around 100 million tokens will be burnt when our first monthly <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WSM</a> Net Gaming Revenue burn takes place on the 29th of February 🔥<br><br>You can view our burn tracker here ➡️ <a href="https://t.co/z4abpsAwWg">https://t.co/z4abpsAwWg</a> <a href="https://t.co/bamjNnyCdF">pic.twitter.com/bamjNnyCdF</a></p>— Wall Street Memes Casino (@wsmcasino) <a href="https://twitter.com/wsmcasino/status/1759532619996205485?ref_src=twsrc%5Etfw">February 19, 2024</a>
</blockquote>   
<h2 id="wsm-price-analysis-wall-street-memes-explodes-75-intraday-to-local-high-ahead-of-burn-event">$WSM Price Analysis: Wall Street Memes Explodes 75% Intraday To Local High Ahead Of Burn Event</h2>   
<p>Meme coin markets are brimming with optimism ahead of tomorrow’s $WSM burn event, and price action has become frenzied over the past 24 hours as traders race to take position.</p>   
<p>Reeling from a local high, $WSM is currently trading at a <a href="https://www.coingecko.com/en/coins/wall-street-memes">market price of $0.01</a> (a 24-hour change of +26.4%) at the time of writing – with dramatic upside price action fueled by a +44% <a href="https://coinmarketcap.com/currencies/wall-street-memes/">increase in trading volume</a>.</p>   
<p>The pre-burn pump comes as $WSM price action bounces off 20 DMA support, which is acting as a launchpad following 3 days of well-defended consolidation by hyped-up $WSM holders.</p>   
<p>With less than 24 hours until the supply reduction, Wall Street Memes’ <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">new deflationary mechanism</a> appears to already be inducing major value accrual for $WSM.</p>   
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/gY7AEPMQbEW95EHw6zGOC-nnO595nHoLT5D-4TfmxoA7SKnkItdqQatr55y0pCHqGKjQhvaXyZb6IkZuhW6DDvZDUbXOHIlGdNT3mlu4xbmlwv8e3sfye-du2uB9Snm1mpOb96mwSNFIgjnuakKyxv4" alt="">
</figure>   
<p>(<a href="https://www.tradingview.com/chart/?symbol=OKX%3AWSMUSDT">Source: TradingView WSM / USDT</a>)</p>   
<p>A glance at Wall Street Memes’ key indicators bolsters confidence in the emerging $WSM skyrocket, with the RSI standing at 64.24.</p>   
<p>Whilst the RSI is heating up, it has not yet reached fever pitch, suggesting there is still capacity for further price growth without leaving $WSM over-extended on the short time-frame.</p>   
<p>Whereas the MACD is reflecting the strength of $WSM’s move up, with rally momentum displaying bullish divergence at 0.000411.</p>   
<p>All-in-all, <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">Wall Street Memes</a> appears to be in the early stages of a significant move that has been directly catalyzed by the buzz around the $WSM burn event tomorrow – so don’t miss out.</p>   
<h2 id="h-wsm-burn-event-explained-here-s-everything-you-need-to-know-ahead-of-tomorrow-s-wall-street-memes-5-token-burn" class="wp-block-heading">$WSM Burn Event: Here’s All You Need To Know Before Tomorrow’s Wall Street Memes 5% Token Burn</h2>   
<p>With the aim of reigniting price action ahead of the Bitcoin halving event, the <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">Wall Street Memes</a> team has introduced a huge burn event – set for February 29 – that will see 5% of the $WSM token supply incinerated.</p>   
<p>This comes as a surprise move to the WSM community, with developers doubling-down on an original promise of a 10% buy-back on Net Gaming Revenue (NGR) generated by the <a href="https://insidebitcoins.com/visit/wsmcasino" rel="nofollow">WSM Casino</a>.</p>   
<p>Instead, as part of a super-charged deflation plan, 100% of NGR generated through the $WSM token will be heading for the burn mechanism every month.</p>   
<p>In the debut burn event, which is scheduled to take place in less than 24 hours, all $WSM NGR generated between October 2023 and January 2024 is heading for the burn, totting up to 5% of the $WSM token supply.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">ONE DAY TO GO UNTIL OUR HUGE NET GAMING REVENUE BURN 💰<br><br>🔥 5% of the <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WSM</a> supply will go up in flames 🔥<br><br>BUY <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WSM</a> NOW ➡️ <a href="https://t.co/MzPVAUE4NW">https://t.co/MzPVAUE4NW</a><br><br>Live countdown ➡️ <a href="https://t.co/z4abpsAwWg">https://t.co/z4abpsAwWg</a> <a href="https://t.co/zIsvR4MVza">pic.twitter.com/zIsvR4MVza</a></p>— Wall Street Memes Casino (@wsmcasino) <a href="https://twitter.com/wsmcasino/status/1762837525846962405?ref_src=twsrc%5Etfw">February 28, 2024</a>
</blockquote>    
<p>However, the fire won’t be extinguished, with plans afoot for a recurring token burn – as a permanent deflationary fixture in $WSM’s <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">long-term tokenomics</a>.</p>   
<p>The action doesn’t stop there, with this landmark 5% token burn forming just the start of the developers’ plans for token deflation, making $WSM an excellent hold for the high-octane year ahead.</p>   
<p>Progress on these burn events will be trackable on the <a href="http://web3.wsmcasino.com">WSM Web3 Dashboard</a>, which is set to go live alongside the burn event tomorrow.</p>   
<h2 id="h-how-does-wsm-currently-stack-up-against-comparable-meme-coins-on-the-market" class="wp-block-heading">How Does $WSM Stack Up Against Similar Meme Coins On The Market?</h2>   
<p>To further illustrate the huge potential that will be unlocked tomorrow via the burn event, a comparative analysis reveals $WSM’s outstanding performance.</p>   
<p>Take for example Pepe 2.0, which similarly to Wall Street Memes, saw brilliant performance on the meme coin market in 2023.</p>   
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/fvbhSoaqfjzfSPmAjDE6lLt_1AIYKYzeyuJV1kh--Z1ZFu3T1oqRp3kxx05mrdH8xKKuNypsdmwfgShHyNvESn6RbLam5QBJFVUMw9SNHFhPo3OlAQDOjzn7X49ITv2W1I5SUTuIo0qKG7iyr6VW9E0" alt="">
</figure>   
<p><a href="https://coinmarketcap.com/currencies/wall-street-memes/">($WSM – Blue, $PEPE2 – Orange)</a></p>   
<p>$WSM has been able to gain an impressive +25.77% over the past week as holders and eagle-eyed traders alike position themselves ahead of the burn event.</p>   
<p>Despite its strong market position, <a href="https://coinmarketcap.com/currencies/pepe-2-0/">PEPE2.0</a> has only managed to muster a meager +1.52% gain in the same time period.</p>   
<p>This highlights <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">Wall Street Memes</a> as a meme coin to hold in 2024, not least of all due to its deflationary tokenomics, but also because of the growing accumulation by smart money investors.</p>   
<h2 id="strong-here-s-how-gamblefi-utility-attracts-smart-investors-to-wsm-strong"><strong>Here’s How GambleFi Utility Attracts Smart Investors To $WSM</strong></h2>   
<p>Indeed, there are compelling reasons why smart money investors are flocking to the $WSM token due to the <a href="https://insidebitcoins.com/visit/wsmcasino" rel="nofollow">WSM Casino</a>.</p>   
<p>The platform boasts a repertoire of over 5,000 high-octane games, and, especially for Wall Street Memes holders, there is a whole suite of new exclusive games at your fingertips.&nbsp;</p>   
<p>But the thrill doesn’t end with the virtual casino table; an avalanche of live sports betting opportunities awaits the sports fanatics – with more than 1,000 opportunities at launch.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🚀 King of Mafia Challenge – Win $50 in <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WSM</a>! 💰<br><br>Participate for a chance to win! Here's how:<br><br>1️⃣ Follow <a href="https://twitter.com/wsmcasino?ref_src=twsrc%5Etfw">@wsmcasino</a> 🎰 <br>2️⃣ Like and RT ✅<br>3️⃣ Sign up for a Casino Account by using the link below👇<br><br>Join now and aim for victory in King of Mafia!⬇️<a href="https://t.co/M7yzpXhXuq">https://t.co/M7yzpXhXuq</a><br><br>Winner… <a href="https://t.co/ciXf7MyX0w">pic.twitter.com/ciXf7MyX0w</a></p>— Wall Street Memes Casino (@wsmcasino) <a href="https://twitter.com/wsmcasino/status/1762085932713603399?ref_src=twsrc%5Etfw">February 26, 2024</a>
</blockquote>    
<p>However, the real highlight is the integration of the platform’s native $WSM token, with players making first-time $WSM deposits receiving 200 free spins on the most popular slot game.</p>   
<p>So don’t miss your opportunity to stack $WSM ahead of this major catalyst.</p>   
<p>In order to stay up to date on Wall Street Memes project news, be sure to connect on <a href="https://twitter.com/wallstmemes">X (Twitter)</a>.</p>   
<p>Also, don’t forget to participate with the WSM community on <a href="https://discord.com/invite/4E538pzeGX">Discord</a> as well as <a href="https://t.me/wallst_memes">Telegram</a>, and add to the hype on <a href="https://www.instagram.com/wallstbets">Instagram</a> and <a href="https://www.tiktok.com/@wallstreetmemesofficial">TikTok</a>.</p>   
<p><strong><a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="nofollow">Buy WSM Here</a></strong></p> 
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Leading Meme Coin $WSM Price Skyrockets 75% Intraday Ahead Of Wall Street Memes 100m Token Burn Event in Less Than 24 Hours – Don’t Miss Out...

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