- Last Price0.00026
- Market Cap496.26K
- All-Time Low0.00025
- Circulating Supply1.88B
- Turnover (24h)1.84
- All-Time High0.07
- Total Supply1.89B
- Fully Diluted Market Cap496.26K
Learned by 2.7k usersPublished on 2024.03.29Last updated on 2025.06.04
0.00026
+0.98%Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
1. What Is Wall Street Memes?
Wall Street Memes (WSM) is a meme coin launched in September 2023, originating from the Wall Street Bets community on Reddit. The creation of WSM was inspired by the 2021 GameStop event, where a group of Reddit traders united to take on hedge fund short sellers, capturing global attention. Born from this wave of anti-establishment and anti-elitist sentiment, Wall Street Memes aims to give “the little guy” a voice and a chance to benefit financially. It carries forward the spirit of retail investors standing up to Wall Street giants during the GameStop short squeeze, symbolizing financial equality and the rise of grassroots power. By blending Web3 philosophy with meme culture, it has evolved into a decentralized crypto project defined by its rebellious ethos.
2. How Does Wall Street Memes Work?
With decentralization at its core, Wall Street Memes empowers community members and ensures that every token holder has a say in decision-making. By harnessing the influence of meme culture, the project unites retail investors to challenge traditional financial structures and push for a more equitable market environment. Adored by retail investors, the project has a strong appeal and has attracted over one million followers across social media platforms.
3. Who Founded Wall Street Memes?
The WSM community emerged as a collective response from retail investors during the GameStop short squeeze and has no single founder. It represents a community of ordinary investors striving for a level playing field in the financial market, much like hedge funds have.
4. Wall Street Memes Tokenomics
$WSM is used for meme-based trading and internal ecosystem circulation. It has a total supply of 2 billion tokens, with 50% allocated to the market, 20% to exchange liquidity, 15% to marketing and community initiatives, 10% to the team and advisors, and 5% to airdrops and partnerships.
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Discussions
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