EmotiCoin (EMOTI) has emerged as the break-out on-chain token of the week, as dramatic upside price action is bolstered by high-octane tokenomics.
The market excitement has been triggered by EmotiCoin’s unique Reverse Split protocol – a deflationary mechanism that reduces total supply every 4 hours over 14 days in -20% increments.
These unparalleled tokenomics induce intense scarcity in EmotiCoin supply – and with the price of a crypto asset equalling the market cap divided by the circulating supply – the price is likely to continue skyrocketing.
And this comes ahead of significant roadmap milestones for the growing DEX-market starlet, with the launch of an NFT CEX soon on the horizon.
EMOTI Price Analysis: Can EmotiCoin Sustain Stunning Rally?
Amid the magnificent climb, EMOTI is currently trading high in the channel, at a current market price of $0.0002912 (representing a 24-hour change of +293%).
This comes as EmotiCoin continues to push higher, with the EMOTI rally continuing to post new all-time highs almost hourly due to the scarcity-inducing reverse split tokenomics.
The rally was triggered on September 9, more than a week after EmotiCoin’s official launch.
An initial trickle of trading volume combined with a token supply that reduces by a fifth every 4-hours catalyzed a modest +1,950% rally into September 11.
Sensing a rally, over 1,500 DEX traders rushed to take position in the emerging skyrocket – in a huge flood of more than $300k in trading volume across 48-hours.
This explosive bag-holder growth has fuelled an eye-watering +65,800% return so far for early-backers; and buy-pressure remains strong representing 69% of transactions over the last 6-hours.
Now stood as a monolith On-Chain with a whopping $55m market cap – EmotiCoin is showing no signs of slowing down, and with further tokenomic reductions inbound alongside a progressing development roadmap – watch this space.
Just 14-Days Until Wall Street Memes CEX Listing After Skyrocket +$25M Presale Funding Round
Wall Street Memes emerged as one of the biggest meme coin presales of 2023 over the past few months, with the seed funding rounds amassing more than $25m from early backers.
Bolstered by the support of this over 1m+ strong community, this rockstar project is expected to make substantial gains upon an upcoming CEX launch in just 14 days – lets deep dive why.
Exploring: Why is Wall Street Memes Expected to Explode on Tier-1 CEX?
In a testament to the skyrocketing growth, the $WSM token community now stands one million strong, with the presale exceeding all expectations to amass over $25 million in presale funding – now standing as the biggest meme coin presale of 2023.
The humungous feat is almost unprecedented for new meme coin projects that are yet to even hit the DEX markets, and investors are taking notice as the project emerges as a top choice for the biggest coin CEX launch of Q3 2023.
In a meme coin homage to the anti-bank investors that took on Wall Street, $WSM is aiming to transform powerful Wall Street Bets community sentiment into a tangible asset – seeking not only to tokenize the anti-bank movement but also to redefine our perception of digital value.
But what really has investors flocking in, is its democratic price point at just $0.0337, which has allured thousands of early backers given the WSM presale has surged with $25m raised.
Furthermore, there is a clear signal that investors could unlock lucrative gains with $WSM, not least because of the built-in +30% for presale investors in the initial listing.
Whales Are Backing Wall Street Memes Presale Following Huge $840k Purchase
In one instance that stands to show the excitement around this meme coin, a crypto whale invested $1 million in the Wall Street Memes $WSM presale in early August – maybe it was Elon Musk?
The mystery whale address purchased $WSM in five transactions amounting to 460 ETH valued at $840,000 executed over six minutes.
A further 93 ETH were made from the same wallet two weeks earlier. In total, $1 million has been invested in $WSM by the mystery crypto whale.
The crypto whale purchases are a significant vote of confidence in Wall Street Memes and its return on investment potential.
The $WSM crypto whale’s token purchases can be seen on Etherscan.
The same whale address also bought 93 ETH worth of $WSM in a prior transaction.
Wall Street Meme’s Presale Has Seen Monolith 1M+ Community Emerge on CT
In keeping with the original anti-bank philosophy, $WSM will be allocating 30% of the token supply to community rewards, with an additional 20% going towards liquidity, and 50% up for grabs in the presale – this is a democratic project for the masses.
And this no-team split has fuelled the project’s explosive growth on social media, with the Wall Street Memes community now amassing an impressive +1m followers in the community.
This explosive community growth is likely to incentive significant growth at the upcoming CEX launch in 23 days, which could propel the $WSM token on an incredible moon-shot.
And with long-term holding incentivized by Wall Street Meme’s novel staking mechanism – which boasts an eye-watering 282% APY – this token seems destined to explode.
With a proven track record stemming from the success of the Wall Street Bets NFT collection, this project continues to thrive off the original moment in history when $WSM exploded onto the scene.
Don’t miss your chance to secure a slice of the next skyrocketing 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 provided for informational purposes and does not constitute investment advice. You could lose all of your capital.