Wall Street Memes: $WSM presale passes $2.8m

The presale for the hotly-anticipated Wall Street Memes token ($WSM) has now reached $2.8m at the time of writing.

WSM – the “ultimate expression of the internet’s triumph over rampant capitalism” – is what you get when you cross Gordon Gekko with the current unstoppable appetite for memecoins.

Gekko, as played by Michael Douglas, famously got rich off useless stocks.

To which WSM adds: “Around 30 years later, hundreds of arguably even more useless meme coins allow ordinary people to do the same.”

Indeed, Pepe memes business. Investors meme business. And WSM memes business.

So far, it has more than 523k followers on Instagram and 221k on Twitter, where Elon Musk has picked up on a WSM tweet.

Which, in crypto-land, is like being blessed by the pope.

WSM community

According to its creators, the $WSM supply is 100% for the Wall Street Memes community – with 50% of tokens in presale, 30% destined for community reward, 10% for CEX Liquidity, and 10% for DEX Liquidity.

There is now just over two days left in the presale before the price increases.

Money never sleeps, and neither do memes.

Just bear in mind that the eventually-incarcerated Gekko didn’t have a happy ending in the 80s, and that greed and crypto most definitely don’t mix...

Someone should have told him to do his own research first.

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial advice. Coin News and its authors are not financial advisors or experts.