Wall Street Memes (WSM) is a community-driven cryptocurrency designed to democratize finance and empower retail investors. Born out of the GameStop Saga, it operates on the Ethereum blockchain and has a total token supply of 2 billion. WSM is associated with the WallStreetBets subreddit and offers features such as staking rewards, governance participation, and decentralized applications (dApps) like a social trading platform and meme marketplace. The token also incorporates an automatic burn mechanism to reduce supply and contribute to liquidity pools. WSM is known for its strong community focus and its role in tokenizing the retail investor movement in the crypto industry.
Wall Street Memes (WSM) is a community-driven cryptocurrency designed to democratize finance and empower retail investors. It operates on the Ethereum blockchain and has a total token supply of 2 billion. The token is primarily used for speculation and as a rewards token for its community of investors and traders, drawing inspiration from the Reddit subculture that grew out of the GameStop saga in 2021.
WSM token holders can generate passive income through staking, earning rewards and participating in governance votes. Additionally, the token is being used as the foundation for various decentralized applications (dApps), such as a social trading platform and a meme marketplace. The token also incorporates an automatic burn mechanism, where a fraction of every WSM transaction is automatically eliminated or taken out of circulation, which serves to reduce the overall WSM supply and potentially increase prices.
To store Wall Street Memes (WSM) tokens, you can use a crypto wallet such as MetaMask or Trust Wallet. Here are the steps:
Create a Wallet: Set up a MetaMask or Trust Wallet account. This will provide you with a secure digital wallet to store your WSM tokens.
Add Funds: Add Ethereum (ETH), Tether (USDT), or Binance Coin (BNB) to your wallet. These cryptocurrencies can be purchased from a crypto exchange or directly within many crypto wallets.
Connect to Wall Street Memes: Connect your wallet to the Wall Street Memes website (wallstmemes.com). This will allow you to purchase WSM tokens using your wallet.
Buy WSM Tokens: Swap your ETH, USDT, or BNB for WSM tokens on the Wall Street Memes website. The amount of WSM tokens you will receive will be displayed before confirming the buy order.
Claim Tokens: Once the presale concludes, connect your wallet to the Wall Street Memes website again. Your purchased WSM tokens will be transferred to your wallet.
Secure Your Wallet: Keep your wallet backup phrase (seed phrase) and any other passwords or two-factor authentication secure and do not share them with anyone. Losing access to your wallet or being compromised by phishing links may prevent your WSM tokens from being claimed.
To buy Wall Street Memes (WSM) tokens, follow these steps:
Get a Crypto Wallet:
- Download and set up a crypto wallet like MetaMask or Trust Wallet. Ensure you have a secure wallet and keep your seed phrase safe.
Fund Your Wallet:
- Buy Ethereum (ETH), Tether (USDT), or Binance Coin (BNB) from a crypto exchange like Binance. These will be used to swap for WSM tokens.
Visit the Wall Street Memes Website:
- Go to the official Wall Street Memes website (wallstmemes.com) and connect your wallet to the site.
Swap for WSM Tokens:
- Enter the amount of ETH, USDT, or BNB you want to swap for WSM tokens. Confirm the transaction, and the tokens will be transferred to your wallet.
Claim Your Tokens:
- After the presale, connect your wallet to the Wall Street Memes website again to claim your tokens.
Alternatively, you can also buy WSM tokens on various centralized exchanges like OKX, Gate.io, CoinW, MEXC, and LBank.
