PigLido Meme Coin Gains 30,000% In 24 Hours And Wall Street Memes Could Be Next – Here’s Why

Source / Sam Cooling x PigLido

In a stunning feat, DEX token PigLido has skyrocketed by an incredible +30,000% in just 24 hours, and with a rematch seemingly underway, how high could this moonshot go?

The PigLido token appears to be a spin-off of PigLido (PIGO) – a brand new Web3 ecosystem that aims to simplify access for users in developing countries in Asia and Africa.

Plans for the real PigLido project include developing an exchange for Bitcoin and Ethereum, as well as a market for NFTs and yield farming – all with the promise of AI integrations.

PigLido Price Analysis: Will PigLido Survive the Retracement Movement After the Launch of Moon-Shot?

Amid the explosive DEX launch, PigLido is currently trading at a market price of $0.003115 (a +37,836% 24-hour change).

DEXtools/PigLido/USD

The token was launched at just 5 a.m. on August 30 and saw limited traction in the first hour of trading. But at 6am – 24 hours before the end of the real PigLido presale – the spin-off project exploded by +29,790%.

The monumental candle came as $397,000 in trading volume engulfed the token and propelled the price to a local high of $0.0032.

But when the token brought gains of an impressive +37,836% to the first backers, alarm bells went off when it was revealed that the fake PigLido token could actually be a scam coin.

An investigation of the four token audits revealed serial issues in the smart contract, including blacklisting, the presence of a mint function, a hidden owner, and signs of a honey pot – such as no liquidity pool lock.

DEXtools / PigLido

And although buying pressure remains strong; With 70% of transactions in the last 24 hours being purchases, there are concerns about the increasingly bleak outlook for this fake project.

But while 285 bag holders hold out in hopes of a second leg of the massive DEX rally, smart money has already started converting their winnings into the biggest meme coin CEX launch in summer 2023.

Launch of the WSM token: 28 days until the launch of the largest meme coin CEX in summer 2023

Source / Wall Street Memes

Wall Street Memes has become one of the biggest meme coin pre-sales of 2023 over the past few months, with seed funding rounds raising more than $25 million from early backers.

Backed by the support of this 1M+ strong community, this Rockstar project is expected to see significant gains in an upcoming CEX launch in less than 30 days – let’s break down why.

Deep-Dive: Why are Wall Street memes expected to explode?

Evidence of the rapid growth is that the $WSM token community has now reached one million members, with the pre-sale exceeding all expectations, raising over $25 million in pre-sale funds – what is now recognized as the largest meme coin pre-sale of the 2023 applies.

This massive feat is almost unprecedented for new meme coin projects that aren’t even available on the DEX markets yet, and investors are taking notice as the project emerges as the top choice for the biggest coin CEX launch in the third quarter of 2023 turns out.

A meme coin homage to the anti-bank investors who took on Wall Street, $WSM aims to turn the strong sentiment of the Wall Street bets community into a tangible asset — and it doesn’t only to symbolize the anti-banking movement, but also to redefine our perception of digital value.

But what’s really getting investors flocking is the Democratic price of just $0.0337, which has attracted thousands of early supporters as WSM pre-sales have skyrocketed to $25 million.

Additionally, there is a clear signal that investors could make lucrative gains with $WSM, not least due to the built-in +30% for pre-purchase investors at the initial listing.

Mysterious Crypto Whale Buys $1M Amid Wall Street Memes Presale Hype

In a case showing the excitement surrounding this meme coin, a cryptowhale invested $1 million in the pre-sale of Wall Street memes $WSM in early August – maybe it was Elon Musk?

The mystery whale address bought $WSM in five transactions worth 460 ETH worth $840,000 executed within six minutes.

Another 93 ETH were mined from the same wallet two weeks earlier. In total, the mysterious crypto whale has invested $1 million in $WSM.

Crypto whale purchases are a major vote of confidence in Wall Street memes and its return potential.

Cryptowhale $WSM token purchases can be viewed on Etherscan.

Etherscan / WSM

The same whale address also bought $WSM worth 93 ETH in a previous transaction.

Etherscan / WSM

The multimillion-strong community of Wall Street memes and moon-shot tokenomics

In line with the original anti-bank philosophy, $WSM will allocate 30% of the token supply for community rewards, another 20% will be used for liquidity and 50% will be given in advance – this is a democratic project for the masses.

Source / Wall Street Memes

And this teamless split has fueled the project’s explosive growth on social media, with the Wall Street Memes community now boasting an impressive +1 million community followers.

This explosive community growth is likely to fuel large CEX listings like Gate.Io, which could propel the $WSM token to incredible heights.

And with the long-term hold encouraged by Wall Street Meme’s novel staking mechanism – which boasts a staggering APY of 282% – this token appears destined to explode.

Source / Wall Street Memes

With a proven track record stemming from the success of Wall Street Bets’ NFT collection, this project has continued to thrive since the original moment in history when $WSM exploded.

Don’t miss your chance to grab a piece of the next exploding meme token – connect with Wall Street Memes on Twitter and Telegram.

Buy $WSM here

Disclaimer: Crypto is a high-risk asset class. This article is for informational purposes and does not constitute investment advice. You could lose all of your capital.

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