VADER has gained 40% in the last 24 hours, and the new meme token posted a massive 25,000% gain since it was listed as a pair with Wrapped Ethereum (WETH) on Uniswap.
This makes VADER one of the best performing coins on the market right now, but has already been marked as “scam” in DEXToolswith analysis indicating that the token’s creators have established a multiple blacklist to prevent buyers from selling their holdings and avoid a dump.
This means that retail investors should avoid VADER at all costs, as the ability to profit from the token is almost non-existent for everyone except its issuers.
However, there are new meme tokens on the market that offer genuine earning opportunities, with the Wall Street Memes (WSM) pre-sale now raising over $13.7 million, providing a sign that it will rebound big time when it is released. listed on the exchanges.
VADER Meme Token Soars 25,000%, But Crypto Experts Are Hoarding This Other Token Before It Appears On Exchanges
Since VADER has been labeled a scam, it would be foolish to provide your chart with any serious analysis.
However, it is really suspicious that its price has not moved in the last half day, something we have observed with a large number of new meme tokens.
For this reason, careful retail investors should not approach VADER unless they are happy transferring wealth to scammers.
And the problem with coins like VADER is not just that they take money from real people, but that they risk making all new meme tokens and altcoins look equally suspect.
However, that is certainly not the case, as at least some other new tokens have strong online presences, communities, and digital trails that indicate their legitimacy.
A prime example of this is Wall Street Memes (WSM), an ERC-20 token that grew out of the meme stock movement, which was responsible for the 2021 GameStop and AMC rallies.
Remarkably, WSM has already raised over $13.7 million since its pre-sale began last month, a clear sign that it has attracted a sizable community of supporters who are excited about the coin’s future prospects.
Another clear sign of the expansion of the WSM community is that now has more than 250,000 followers on Twittersomething that indicates it has strong roots and a real presence in the meme action movement.
Compared to a non-coin community like VADER, this growing community will prove very valuable to WSM, allowing it to bounce back big when listed on exchanges and also allowing it to have a long lifespan.
Supporting WSM’s community focus is the fact that it has a maximum total supply of two million, with 50% of this supply allocated to its pre-sale and 30% going towards community rewards.
This will not only make WSM a highly decentralized token, but it will also protect against the kind of large dumps or market crashes that can follow when creators dump their holdings.
Interested investors can participate in the sale by visiting the official Wall Street Memes website and linking their crypto wallets, with 1 WSM now available for $0.033.
This price will eventually rise to $0.0337 when the sale ends, and the strong WSM community and supporters are likely to push the coin much higher once it establishes itself on exchanges in the coming weeks.
Visit Wall Street Memes now
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.
