ShibaSwap, an integral decentralized platform within the Shiba Inu ecosystem, has encountered a significant decrease in its liquidity, reaching an unprecedented low point. Recent data is causing concerns among investors. The decline in liquidity has been accelerating notably in recent days, coinciding with a substantial drop in the price of the SHIB token of nearly 15% during the past seven days, which even experienced a staggering 31% decline at its peak.
Shiba Inu Price Plunges: Is This New Meme Coin, Which Raised 7 Million On Presale, The Next Doge?
While SHIB is going through a drastic price drop, WSM is a crypto that keeps hitting milestones - check out why!
Simultaneously, liquidity on ShibaSwap has seen a 9% reduction as a result of the token's devaluation. In the midst of various changes and the difficult time that Shiba Inu is going through, Wall Street Memes (WSM) is a meme coin that recently hit $7 million and keeps going strong. Here is why!
WSM set to dethrone SHIB and DOGE
Meme coins are extremely popular lately, and it seems that crypto enthusiasts are doing everything they can not to miss the next gem. WSM is a phenomenon sweeping through the investment world, drawing in those who may have missed out on previous meme coin opportunities. The Wall Street Memes' native token, $WSM, is now available at an affordable price. Despite its presale kicking off in May, crypto enthusiasts and savvy traders are securing their tokens before they skyrocket in value.
To accommodate the overwhelming demand, Wall Street Memes has devised a plan that will give everyone a chance to get a piece of it. The presale event is divided into a staggering 30 stages, with each stage offering tokens at incrementally increasing prices. It's a system that favors early investors, positioning them to reap maximum rewards when WSM tokens hit the top-tier exchanges.
The news that the presale has managed to raise more than $7 million in funding is incredible! The early success of Wall Street Memes has cast a wide net, luring in global investors and traders alike, propelling the community's numbers well past the one million mark. Crypto experts are even daring to whisper that Wall Street Memes could be the next Dogecoin and leave Shiba Inu in the dust! The potential for greatness is palpable, and the excitement is electric. So, get ready to embark on this exciting journey with Wall Street Memes and seize this opportunity now!
Unleashing the Unstoppable Force: The Power of the WSM Community
The value of meme coins is directly impacted by the strength of the community that supports it. Seeing more than a million people supporting Wall Street Memes gives a clear message – this is the only movement that crypto enthusiasts want to be a part of! In the world of memes, such a thriving community is like rocket fuel, propelling projects to new heights of utility and value at an astonishing pace. But, considering that this meme coin has been launched recently, one may wonder where this army of enthusiastic supporters came from.
The answer can be found in 2021 when the Wall St Bulls NFT collection burst onto the scene, leaving a trail of sold-out artwork in its wake. That very same team is now behind Wall Street Memes, and the connection has not gone unnoticed. The success of the NFT collection ignited a fire within thousands of users, who promptly flocked to the Wall Street community, eager to be a part of the next big thing.
But that's not all. The official Wall Street Memes Telegram channel is experiencing a massive surge in new members, while their Instagram page commands an impressive following of over 500,000 devoted fans. And let's not forget about their presence on Twitter, where more than 230k members closely monitor all the news regarding this interesting project.
This community is a force to be reckoned with, spreading its influence far and wide. With such undeniable support and presence across multiple social channels, it's crystal clear that Wall Street Memes is poised to raise dust and achieve all the set goals. If you wish to become a part of this community, get the WSM tokens and dive in!
Conclusion
While the price of SHIB is nosediving, an irresistible opportunity on the horizon demands attention: WSM - the meme coin destined to conquer the world! Having the unwavering support of its powerful community, Wall Street Memes has already showcased its potential through a record-breaking presale and a global following of over a million enthusiasts. While the tides of the market may fluctuate, the power of the WSM community remains rock solid, propelling this meme coin to unimaginable heights. So, embrace the future and seize the moment by getting the WSM tokens before their price goes up!