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Cryptocurrency News Articles
Wall Street Pepe (WEPE) Meme Coin Market Dips 2.23% to $96.5B
Dec 31, 2024 at 03:03 am
The meme coin market is down by 2.23% in the past 24 hours, which brought its value to $96.5 billion, a far cry from its ATH of $137 billion earlier this month.
The meme coin market has seen a slight decrease in value over the past 24 hours, dropping by 2.23% to reach $96.5 billion, a significant decline from its all-time high of $137 billion earlier this month.
However, amidst the bearish market sentiment, Pepe-themed meme coins are showing gains today, with Pepe (PEPE) and Book of Meme both gaining over 3% each.
While most established meme coins struggle to make substantial gains, one project, Wall Street Pepe (WEPE), is bursting through its funding goals at a rapid pace, even as the broader meme coin market faces red trends.
Since its inception on December 3rd, the project has raised over $38 million as investors add WEPE to their portfolios to secure their spot in its upcoming trading channel.
Let’s take a closer look at what WEPE aims to bring to the meme coin space and whether it’s a worthwhile investment.
WEPE seeks to level the playing field for all tradersPurchasing WEPE during or after its presale phase will reward its holders with a spot in its trading channel, which is designed to help smaller traders navigate the market and identify good investments, potentially rivaling whales.
According to the project’s whitepaper, WEPE’s developers will be sharing trading strategies, signals, market insights, investment calls, and more, giving WEPE utility beyond just being a meme coin.
The team has also allocated 15% of WEPE’s total 200 billion token supply to Trading Rewards, a special rewards system that will be available to those following the trading channel.
To become eligible for WEPE’s trading rewards, investors will need to follow its trading calls and submit proof of their investment in its VIP channel during WEPE’s upcoming weekly trading competitions.
WEPE’s popularity and early presale success come as no surprise, as it is featured in Best Wallet’s Upcoming Tokens section, which makes it visible to over 100,000 of its monthly users.
Previously, Best Wallet featured Pepe Unchained (PEPU) and Catslap (SLAP), both of which left their presale stages and made 600% and 5,500% gains in just 48 hours post-launch, respectively. With WEPE currently outperforming them, averaging more than $1 million raised daily, it could repeat their success on launch or deliver even greater returns.
Experts highlight WEPE’s strong community and explosive potentialWhile Wall Street Pepe offers utility by acting as a key to the project’s upcoming crypto signals channel, it’s a meme coin first, and as such, its success largely depends on the strength of its community.
The project has allocated 38% of its total token supply to marketing, which has already helped it amass an impressive follower count of more than 28,600 on X (Twitter) and 12,000 on Telegram.
Besides attracting investors, WEPE is receiving significant attention from crypto experts, including 99Bitcoins, a channel run by a team of meme coin analysts with over 720,000 subscribers.
Experts from the 99Bitcoins team see a 100x potential in WEPE, pointing to its growing community and unique approach to the meme coin market.
They’ve also highlighted that the project offers a 34% staking APY, allowing investors to passively earn extra WEPE. They see purchasing and staking WEPE as a good alternative to investing in established coins that are facing high volatility.
The experts have encouraged their audience to start accumulating WEPE during its presale’s early stages, as its price increases every 24 hours, and it has already shot up by 83.05% since December 3rd.
WEPE’s price will increase by another 147% before it launches – here’s how to enter the presaleWEPE has allocated 20% of its total token supply to the presale, leaving 40 billion tokens up for grabs before it launches on DEXs.
The project’s whitepaper reveals that the presale will end on April 25th, 2025, or once the tokens reserved for the presale sell out.
Additionally, the whitepaper shows the final presale stage will see WEPE selling for $0.000249, representing a 147% increase from its current price of $0.0003661.
WEPE’s per-token price will increase every time a funding goal is reached or enough time passes, which usually happens every day, leaving investors with limited time to secure it at lower prices.
Investors can add WEPE to their portfolios by purchasing it with ETH, BNB, USDT, or a credit or debit card
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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