The crypto market is truly shaping up to be something else in 2023, as there are a wealth of projects taking advantage of new technologies and the emerging Web3 industry. It’s turning out to be a stellar year for crypto investors, who have seen ups and downs in the past 6 months.
One of the most astonishing evolutions in the crypto market is that of meme coins. These tokens have seen a resurgence in 2023, with many new different kinds coming out – and this has also resulted in great gains for investors.
Two meme coins that are pioneering a new kind of trend are Thug Life Token (THUG) and Wall St Memes (WSM). They’re both unique and brimming with potential, as well shall see.
Meme Coins Are Turning Out to Be Different in 2023
The amount of meme coins taking over the market in 2023 is astonishing: PEPE, SPONGE, and now THUG and WSM. Whereas previously these tokens were only serving as joke investments, now they offer the potential for utility as well. This has been one of the major changes in meme coins.
Of note, with respect to WSM and THUG, is the idea that meme coins can serve as a symbol for a movement. Both of the aforementioned tokens do this, tokenizing the passion of users into something more tangible. It speaks to the power of cryptocurrencies and how they can take a small idea and turn it into something grand.
How do they do this? That’s what we’ll be diving into now.
Thug Life Has the Fun to Outclass Other Meme Coins
Thug Life Token encapsulates the essence of a life marked by challenges, amusing moments, and ideally, a combination of both. The cryptocurrency market has recently experienced a volatile journey, giving rise to numerous memes. Thug Life represents the fusion and culmination of these emotions.
The project positions itself as a “second chance” for individuals who have been manipulated, influenced, and taken advantage of for financial gain. The team describes their mission as follows:
“$THUG is not just a token; it embodies a movement driven by humor, camaraderie, and the shared struggle of navigating the web3 world. By transforming the unfavorable realm of web3 dumped presales into a prosperous sphere, Thug Life aims to reshape the landscape.”
In a matter of hours since its presale launch, the project has swiftly gathered a substantial amount of funds. As awareness about $THUG spreads, more investors are expected to join the venture. There is a noticeable sense that the project is attaining new milestones in the realm of meme coins, providing lucrative opportunities for discerning investors in search of promising tokens that can make a significant impact on their portfolios.
You know what time it is. All interactions with this tweets are noted.
Tag frens, drop wallet addy and keep an eye on DMs for $THUG pic.twitter.com/m5hPpKurTw
— Thug Life Token (@thug_life_token) June 26, 2023
At present, the THUG token is obtainable for purchase at a price of $0.0007, and it can be acquired using ETH or USDT. Within just a few hours, the token has already generated substantial funds, indicating its potential for swift growth and a possible surge in value based on recent trends. It has almost reached $1 million in funding.
Operating on the Ethereum blockchain, the THUG token has a total supply of 4.2 billion tokens. During the presale phase, 70% of the token supply has been allocated with the aim of raising a total of $2.058 million. Additionally, a liquidity lock has been implemented for a duration of 3 months to ensure stability.
Moreover, 15% of the tokens have been set aside for community rewards, which will be distributed through giveaways and an engagement airdrop campaign. The airdrop campaign will commence once the $THUG token is launched on a decentralized exchange (DEX). It is recommended to stay vigilant for this opportunity, as participation in the THUG airdrop will be available after the conclusion of the presale. Registration for the airdrop can be completed via the project’s website or through Discord.
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WSM is Symbolic of Our Times
Wall St Memes has emerged as a platform or community associated with the GameStop controversy and the Wall Street Bets movement. It cleverly combines elements of internet culture, meme-based humor, and the financial industry. The primary objective of Wall St Memes is to humorously critique and satirize the traditional financial system, while also providing individuals with an opportunity to participate in cryptocurrency investments, particularly focusing on meme coins.
In essence, Wall St Memes translates this movement into a tokenized representation by introducing its own cryptocurrency called the $WSM token. By becoming a part of the Wall St Memes community and investing in $WSM, individuals can demonstrate their support for the movement while potentially profiting from meme-based cryptocurrencies.
Introducing $WSM – yep, we’ve gone and done it.
The community token that’s flipping the Wall Street Memes game upside down!
We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.
Let’s make some serious waves together,… pic.twitter.com/fH2TMGmglZ
— Wall Street Memes (@wallstmemes) May 27, 2023
The WSM token is currently in its presale phase, offered at a price of $0.0313. The next stage will see the price go up to $0.0316. The project has already amassed nearly $14 million in funds, illustrating the promising success of this already well-received endeavor.
Individuals interested in participating can acquire the token using either ETH or USDT, as the WSM team prioritizes transparency regarding the project’s tokenomics. The presale allocation constitutes 50% of the total token supply, with an additional 30% set aside for community rewards. The remaining 20% is evenly distributed between CEX and DEX liquidity.
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Conclusion
As you can see, THUG and WSM are no ordinary meme coins. They bring something totally different, adding to the hype potential of these tokens. It’s a sign that this niche is evolving, with plenty to offer crypto investors going into the future. There’s a look forward to, that’s for sure. In the meantime, consider taking a look a the presales of THUG and WSM.
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