Bigger Than Pepe and Shiba Inu, Wall Street Memes Price Pumps 56%, Trading Volume Beats Other Top Meme Coins
The unexpected boom in the value of the Wall Street Meme token (WSM) this week is currently the talk of the memecoins community. On Tuesday, April 20th, the coin saw an impressive 56% jump in its price and the highest 24-hour trading volume of any top meme coin on the market. The sudden surge in value has surprised many in the memecoin market, with some traders taking to social media to speculate about where the gains might be taking the coin.
The main catalyst behind the sudden spike in price and trading volume appears to have been due to the adoption of the coin by a growing number of meme traders. This has resulted in a surge of new buyers, driving prices up and resulting in a rally.
The Wall Street Meme coin is a decentralized meme coin built on Ethereum’s blockchain technology. It was founded in late February 2021 and has become a popular asset for meme traders who are looking to get exposure to thehumorous and surreal content that is now a part of Wall Street life.
For traders looking to get into the meme coin market, WSM is a great option to consider – its trading volume is only set to increase as the coin is adopted by more and more meme traders.