WSM Meme Coin Surges +75% Intraday! 🚀 Don't Miss Out on Wall Street Memes' 100m Token Burn 😲

$WSM Meme Coin Skyrockets +75% Intraday Before Wall Street Memes’ 100m Token Burn – Don’t Miss Out!

Wednesday, February 28, 2024 – 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.

Meme coin-focused social media interventions from Elon Musk and bitcoin trading above $61,000 have combined to bring money flooding back into crypto.

Wall Street Memes 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.

$WSM Price Analysis: Wall Street Memes Mounts +75% Intraday Skyrocket To Local High Ahead of Burn Event

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.

Reeling from a local high, $WSM is currently trading at a market price of $0.01 (a 24-hour change of +26.4%) at the time of writing – with dramatic upside price action fueled by a +44% increase in trading volume.

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.

With less than 24 hours until the supply reduction, Wall Street Memes’ new deflationary mechanism appears to already be inducing major value accrual for $WSM.(Source: TradingView WSM / USDT)A glance at Wall Street Memes’ key indicators bolsters confidence in the emerging $WSM skyrocket, with the RSI standing at 64.24.

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.

Whereas the MACD is reflecting the strength of $WSM’s move up, with rally momentum displaying bullish divergence at 0.000411.

All-in-all, Wall Street Memes 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.