Burn

2024

Wall Street Memes

Million

Dogecoin

<p>The Wall Street Memes community are jubilant after a big burn event saw 5% of $WSM supply incinerated, and to keep the party going, WSM Casino has revealed plans for a massive $1 million $WSM airdrop.</p>   
<p>WSM Casino announced the airdrop as a celebration, after the leading <a href="https://insidebitcoins.com/visit/wsmcasino" rel="noopener noreferrer nofollow">crypto casino</a> hit a major milestone of $100M wagered across the WSM Casino.</p>  
<p>Anyone who actively participates, by wagering on the WSM Casino platform, will be eligible to receive airdrop rewards – so, don’t skip the chance to claim your share of the $1 million airdrop pool.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">HUGE ANNOUNCEMENT! 🚨<br><br>A $1million <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WSM</a> Airdrop is coming… 💸<br><br>To celebrate $100 million wagered in the WSM Casino, we’re airdropping $1million worth of <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WSM</a> to players!<br><br>How will it work? Simply wager in the WSM Casino to be eligible – the more you wager, the bigger your… <a href="https://t.co/jetY3TD86j" rel="noopener noreferrer nofollow">pic.twitter.com/jetY3TD86j</a></p>— Wall Street Memes Casino (@wsmcasino) <a href="https://twitter.com/wsmcasino/status/1763547651931254850?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 1, 2024</a>
</blockquote>   
<p>The first season of the WSM Casino airdrop will be commencing on March 8, marking the launch of a two- month window of opportunity for entrants to participate.</p>  
<p>The <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="noopener noreferrer nofollow">Wall Street Memes</a> team have promised further information will be revealed next week.</p>  
<h2 id="strong-wall-street-memes-embraces-deflation-february-burn-event-destroys-5-of-wsm-supply-strong"><strong>Wall Street Memes Embraces Deflation: February Burn Event Destroys 5% of $WSM Supply</strong></h2>  
<p>The <a href="https://insidebitcoins.com/visit/wsmcasino" rel="noopener noreferrer nofollow">WSM Casino airdrop announcement</a> comes hot on the heels of yesterday’s major burn event, which saw 100% of the Net Gaming Revenue (NGR) generated by WSM Casino between October 2023 and January 2024 burned.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">100 MILLION <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WSM</a> TOKEN BURN COMPLETE💥<br><br>We have just completed our first HUGE Net Gaming Revenue burn, which amounted to 5% of the <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WSM</a> supply🔥<br><br>This isn't the last time, we'll be burning 100% of the <a href="https://twitter.com/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WSM</a> NGR from the <a href="https://twitter.com/wsmcasino?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@wsmcasino</a> at the end of each month so stay tuned for… <a href="https://t.co/OUYNz5Sbxq" rel="noopener noreferrer nofollow">pic.twitter.com/OUYNz5Sbxq</a></p>— Wall Street Memes (@wallstmemes) <a href="https://twitter.com/wallstmemes/status/1763264853043454118?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 29, 2024</a>
</blockquote>  
<figure class="wp-block-image"><span style="background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">With the aim of introducing deflation into $WSM tokenomics, the NGR burn ultimately saw 100,000,000 $WSM tokens (5% of supply) cast into the inferno on February 29.</span>
</figure>  
<p>But that’s just the beginning, with this massive burn event marking the start of recurring monthly burns for NGR on WSM Casino – as developers push to give back to long-standing $WSM holders.</p>  
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/nR_bKNr6CrI6DW-JvpVIeKJrLMD8XaOMjZe9a-YG4yiJCsEkJ4f4810zdh71Qaem5oAZn6v_gh5X40WyBA9Nq3adL3KchJe-YKgldmIR-u2X8FuoEDznaubSGrvWScwo5RkUGHfGJTULsYcJXZRMARg" alt="">
</figure>  
<p>Burn event progress can already be seen via the WSM Web3 Dashboard – <a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="noopener noreferrer nofollow">check it out here</a>.</p>  
<h2 id="strong-wsm-price-analysis-wall-street-memes-burn-helps-it-outperform-dogecoin-strong"><strong>$WSM Price Analysis: Wall Street Memes Burn Helps It Outperform Dogecoin</strong></h2>  
<p>Markets have responded to the $WSM burn event hype with excitement, with anticipation for the deflationary mechanism catalyzing a substantial upside move over the past 72 hours.</p>  
<p>Wall Street Memes is now trading at a current <a href="https://www.tradingview.com/chart/gDRw7GAc/?symbol=OKX%3AWSMUSDT" rel="noopener noreferrer nofollow">market price of $0.012</a> (representing a 24-hour gain of +2.18%).</p>  
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/l3SHx0Q5ANRFlkxXCSICteSMN-iPKGEVGfmVR-87UX9vHzIN2-G6vhZiDMKhnre_-2Is3VYeyZfV3UnLC44fubuXwQhdxMpRmdfIaKQ_xiR4hiOlZS-C99r2_CiQ3ojXyzURBGf3My4xYXg4zGKZk38" alt="">
</figure>  
<p><a href="https://www.tradingview.com/chart/gDRw7GAc/?symbol=OKX%3AWSMUSDT" rel="noopener noreferrer nofollow">(Source)</a></p>  
<p>With strong footing atop the 20 DMA, $WSM price action remains poised in a bullish breakout (reflected by the MACD at 0.000702) as trading volumes uptick 15.28%.</p>  
<p>This brings $WSM’s total weekly gain to an impressive +65.6%, in a defiant move that is seemingly outperforming the meme coin vertical.&nbsp;</p>  
<p>Take for example the leading token in the sector – Dogecoin ($DOGE) – which despite a more prominent market position has struggled to keep pace with $WSM’s stunning climb.</p>  
<p>Over the past 24 -hours, whilst $WSM has continued to pump, $DOGE has fallen into a troubling -6.2% retracement as rally momentum stalls.</p>  
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/SQN1b0LDf-d9vO3-Wii0TlHaD7o6MiGXmrSdGPui7v3XGTEBSgboRBWBtKtnhC6AUHylTnHKkLX2v-oJ1PKz_l0QbBtFP4quKSZ-Wz4d73Zj6QoJ20nZAOIwgObn4ZgVc8ydI_HcQdYG4q2c_nisEjg" alt="">
</figure>  
<p>(<a href="https://coinmarketcap.com/currencies/wall-street-memes/" rel="noopener noreferrer nofollow">$WSM – Blue</a>, <a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow">$DOGE – Orange</a>)</p>  
<p>And whilst Dogecoin has been able to mount a price increase of +44% over the past week (a sign of strength for the meme coin sector), this is still dwarfed by $WSM’s burn event move.</p>  
<p>Now, with <a href="https://insidebitcoins.com/visit/wsmcasino" rel="noopener noreferrer nofollow">WSM Casino’s announcement</a> of an upcoming $1M airdrop campaign, it seems likely that the hype-fuelled rally will continue to grind -up, especially as airdrop participants flock to wager with $WSM (adding further demand-side pressure).</p>  
<h2 id="strong-double-down-with-wsm-casino-s-turbocharged-referral-offer-here-s-all-you-need-to-know-strong"><strong>Double-Down With WSM Casino’s Turbocharged Referral Offer: Here’s All You Need To Know</strong></h2>  
<p>The profits from Wall Street Memes don’t stop there, with WSM Casino offering one of the best Telegram referral offers in the GambleFi sector.</p>  
<p>The WSM Casino team recently upped their offer to an alluring 25% share of Net Gaming Revenue generated by players you refer to the platform.</p>  
<p>That means you can earn an extra 25% revenue share on anyone signing up to <a href="https://t.me/wsmcasinobot" rel="noopener noreferrer nofollow">WSM Telegram Casino</a> using your referral code, an easy sell with WSM Casino’s 200% bonus on first-time $WSM deposits.</p>  
<p>You can <a href="https://wsmaffiliates.com/en" rel="noopener noreferrer nofollow">&nbsp;join the WSM affiliates program here</a>, and don’t forget to stay tuned in with the latest Wall Street Memes project news by connecting with WSM Casino on <a href="https://twitter.com/wsmcasino" rel="noopener noreferrer nofollow">X (Twitter)</a>.</p>  
<p>Also, don’t forget to participate with the WSM community on <a href="https://discord.com/invite/4E538pzeGX" rel="noopener noreferrer nofollow">Discord</a> as well as <a href="https://t.me/wallst_memes" rel="noopener noreferrer nofollow">Telegram</a>, and add to the hype on <a href="https://www.instagram.com/wallstbets" rel="noopener noreferrer nofollow">Instagram</a> and <a href="https://www.tiktok.com/@wallstreetmemesofficial" rel="noopener noreferrer nofollow">TikTok</a>.</p>  
<p><a href="https://insidebitcoins.com/visit/wallstreetmemes/" rel="noopener noreferrer nofollow"><strong>Buy WSM Here</strong></a></p>
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Triumphant WSM Casino Celebrates $100 Million Wagered With Massive $1 Million $WSM Airdrop

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