**Wall Street Memes ($WSM) Emerges as the 4th Most Traded Meme Coin**
In just six days after its first centralized exchange listing, Wall Street Memes ($WSM) has become the fourth-most-traded meme coin in global crypto markets. Since its listing on OKX on September 26, nearly $60 million worth of $WSM has been traded. This achievement is significant considering that $WSM is only six days old and has surpassed the trading volumes of Pepe, Shiba Inu, and even Dogecoin.
The growing trading interest in $WSM has attracted attention from exchanges seeking new coins to list. Rumors suggest that Binance or Kucoin could be the next platforms to list $WSM. As altcoin season begins and with the fourth quarter historically being a strong period for crypto, the future looks promising for $WSM.
**MEXC Exchange Introduces Futures Trading for $WSM Token**
In an exciting development for a meme coin, MEXC exchange has launched the first futures market for the $WSM/USDT token pair. This move adds positive sentiment to the new meme coin and is expected to attract more trading venues looking to capitalize on trending tokens like $WSM. The futures market is significantly larger than the spot market, indicating a growing interest in $WSM.
Additionally, news of Coinbase obtaining a payments license from Singapore’s financial regulator has contributed to the price momentum for crypto and $WSM.
**Wall Street Memes’ Commitment to Utility Sets It Apart**
Wall Street Memes aims to bring the success of meme stocks to the crypto world by democratizing the financial system. With a strong community of 1.1 million members across various social channels, Wall Street Memes has already attracted buyers. Unlike typical meme coins that lack utility, Wall Street Memes has focused on delivering value from the start.
The team behind Wall Street Memes has launched a staking platform with an annual percentage yield of 36%. This unique feature sets $WSM apart from other meme coins and allows token holders to earn income and secure capital returns. In addition, the team plans to launch a major product this month, further enhancing the value for token holders.
**$WSM Price Targets and Potential Growth**
Since its inception, $WSM has reached an all-time high of $0.089. With increasing liquidity in spot and futures markets, it is expected that $WSM will challenge this ATH soon. Currently trading at around $0.060, with support between $0.050 and $0.040, $WSM has the potential for significant growth.
Presale buyers who secured $WSM at the lowest price of $0.025 are already sitting on a gain of 140%. The next price target for bulls is $0.10, as they aim to eliminate the zero in the price. The chances of a parabolic price breakout are increasing, with analysts predicting that $WSM could be the next 1,000x gem.
**Explore Other Meme Coin Opportunities: Meme Kombat and Bitcoin Minetrix**
For those seeking other meme coin opportunities, Meme Kombat ($MK) is an option currently available at a price of $1.667. Meme Kombat is a unique platform where users can battle with meme characters, making it the first of its kind in the crypto space. With gaming and gambling being popular sectors in crypto, Meme Kombat has the potential for success.
Furthermore, Bitcoin Minetrix is another rising star to watch during altcoin season. As the Bitcoin hash rate reaches an all-time high, this project shows promise for investors interested in mining-related opportunities.
**Hot Take: Wall Street Memes ($WSM) Takes the Crypto Market by Storm**
Wall Street Memes ($WSM) has quickly risen to become one of the most traded meme coins in the global crypto market. Its impressive trading volumes and potential listings on major exchanges like Binance and Kucoin indicate a bright future for $WSM. With a focus on utility and the launch of new products, Wall Street Memes aims to deliver value to its community of over 1 million members. The introduction of futures trading for $WSM on MEXC exchange further adds to its positive momentum. As the fourth quarter begins, $WSM has the potential for significant growth and could be the next 1,000x gem in the crypto market.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.