Monday, 2nd October 2023 – Wall Street Memes ($WSM) has come from a standing start to become the 4th-most-traded meme coin in global crypto markets.
The astonishing achievement comes just six days after its first centralized exchange listing, with more listings due to be announced on Wednesday.
Nearly $60 million $WSM has been traded since the token was listed on OKX on 26 September. That compares with $79 million for Pepe, $103 million for Shiba Inu, and $222 million for Dogecoin – no mean achievement for a six-day-old token.
Over the weekend, $WSM was beating both Pepe and Shiba Inu in 24-hour volume traded. Rumors swirl that the next exchanges to list $WSM could include Binance or Kucoin.
As volume continues to pile up for Wall Street Memes, trading interest is exactly the metric that exchanges seeking out new coins to list are most interested in.
At the moment $WSM can be traded on OKX, HTX, MEXC, LBank, CoinEx, BitMart and BingX centralized exchanges. It took Pepe 17 days from listing on decentralized exchanges to list on Binance, when its price rocketed 2,000%.
As ‘Uptober’ and altcoin season kicks off, $WSM has exploded onto the scene at just the right time.
The fourth quarter of the year, going by past performance, is usually the best for crypto, and 2023 is looking like it will be no different in that respect.
What’s good for crypto will of course be good for meme coins in general and $WSM in particular.
Wall Street Memes has also been attracting buyers because of its verifiable connection with multi-billionaire Elon Musk, the richest man in the world. Musk has interacted with the WallStMemes’ X (formerly Twitter) account on a number of occasions.
Meanwhile, in an important breakthrough for a meme coin, the MEXC
Read more on cryptonews.com