Homer Simpson Meme Coin Rises 30,000% But Experts Say It’s A Scam While New Meme Coin Wall Street Memes Just Raised $13.9 Million
Rising over 30,000% in the last 24 hours, a new $HOMER token is the biggest cryptocurrency gainer today; however, according to DEXTools Everyone‘ audit, has a blacklist function.
That means some wallet addresses may not be able to operate normally, DEXTools explains.
As a result, some crypto experts warn that the token could be a scam.
$HOMER last traded around $0.000003, around 3000 times higher than its levels a day ago in the $0.000000001 area.
That gives the token a market capitalization of around $1.4 million, with around $90,000 in trading volumes in the last 24 hours and around $140,000 in DEX liquidity, which is not locked up.
Meme coin degens might be better off looking at a meme coin project with a bit more legitimacy around it.
And there is no better option than the Wall Street Meme $WSM token pre-sale.
The Most Popular Meme Coin Presale of 2023
Wall Street Memes, one of the most popular retail investment communities on the internet, rose to fame in the 2021 stock meme craze and has recently been expanding its relevance in the cryptocurrency space with the pre-sale of its new token. $WSM.
The pre-sale success of $WSM, which has raised over $13.9 million in just over a month, is hardly surprising given the size of the Wall Street Memes community.
In total, Wall Street Memes has a strong social community of 1 million degens, which analysts believe almost guarantees the $WSM token will be listed on tier 1 crypto exchanges like Binance.
Given the strength of the Street Street Memes The community, analysts, and observers are billing $WSM to be the next viral meme coin, with many predicting that it could match Pepe, Shiba Inu, or even Dogecoin.
In keeping with their focus on empowering the little ones, 100% of the token supply goes to the Wall Street Memes community – no behind-the-scenes private sales or team allocation generosity.
That means Wall Street Memes is one of the fairest and most popular cryptocurrency pre-sales this year.
50% of the token supply is available in the pre-sale, the increase of which will be allocated to high-level marketing efforts; 30% as community rewards; 10% for CEX liquidity and 10% for DEX liquidity.
Since 30% of the token supply is retained for community rewards, airdrops to holders can reasonably be expected to be a large part of the ecosystem.
Since meme coins often depend on the power of their community and social media presence, and since $WSM already has a strong community committed to their project, the meme coin could generate a lot of buzz and attract the attention of investors and traders.
As a result, it is no surprise that numerous analysts are already predicting great things for $WSM when it lists on exchanges.
Popular British Cryptocurrency Presale Analyst Jacob’s Crypto Burial think $WSM could easily be a 10x meme coin.
Gains of 10 times the listing price of $0.0337 on the $WSM exchange would see the token reach a fully diluted market capitalization of $674 million.
But some analysts have said that $WSM could even match the size of established major meme coins like Dogecoin and Shiba Inu, which have respective market caps of around $8.5 billion and $4 billion.
100x gains for a market cap of over $6 billion should not be ruled out as, in the crypto markets, anything is possible, especially when your coin is backed by over a million degens committed.
Investors who want to get ahead of potential big price increases in the future should consider participating in the meme coin pre-sale as soon as possible to secure their $WSM at the best possible discount.
$WSM can be purchased on both the Ethereum blockchain and the BNB Smart Chain using ETH, BNB, or USDT (ERC-20 or BEP-20).
All users need to do is connect their crypto wallet on the wallstmemes.com website to make their purchase.