EmotiCoin (EMOTI) has recently made waves in the cryptocurrency market with its unique tokenomics and impressive price action. The token’s scarcity-inducing reverse split protocol has attracted significant attention and has resulted in a dramatic increase in price. As a result, EMOTI is currently trading at a market price of $0.0002912, representing a 24-hour change of +293%. With its innovative tokenomics and upcoming milestones, EmotiCoin is showing no signs of slowing down.
EmotiCoin’s reverse split protocol is a deflationary mechanism that reduces the token’s total supply by 20% every 4 hours over a period of 14 days. This unique tokenomics model creates intense scarcity, which, in turn, drives up the price of the token. In the cryptocurrency market, a token’s price is determined by dividing its market cap by its circulating supply, and EmotiCoin’s scarcity-inducing tokenomics are fueling its skyrocketing price.
The rally for EmotiCoin began on September 9, more than a week after its official launch. Initially, there was a modest +1,950% rally driven by a small trading volume and the token’s continuous reduction in supply. Sensing the rally, over 1,500 DEX traders rushed to take positions, resulting in a massive $300k trading volume within 48 hours. This explosive growth has led to a staggering +65,800% return for early backers, and buy pressure remains strong, accounting for 69% of transactions over the last 6 hours.
With a current market cap of $55 million, EmotiCoin has cemented its position as a major player in the cryptocurrency market. The token’s development roadmap includes further tokenomic reductions and the launch of an NFT CEX. These upcoming milestones, combined with its already impressive performance, make EmotiCoin a project to watch closely.
Wall Street Memes (WSM) has emerged as one of the biggest meme coin presales of 2023. The project has raised over $25 million in seed funding from early backers, making it the most successful meme coin presale of the year. With the support of its 1 million+ strong community, Wall Street Memes is poised for substantial gains with an upcoming CEX launch in just 14 days.
Wall Street Memes aims to capture the sentiment of the anti-bank movement by tokenizing it and redefining our perception of digital value. The token’s democratic price point of just $0.0337 has attracted thousands of early backers, and the success of its presale is evident with $25 million raised. With an additional +30% for presale investors in the initial listing, there is a clear signal that lucrative gains can be unlocked with Wall Street Memes.
In a notable show of excitement around Wall Street Memes, a crypto whale invested $1 million in the project’s presale. The whale address executed multiple transactions totaling 460 ETH valued at $840,000 in just six minutes. This investment is a significant vote of confidence in the project’s potential for a high return on investment.
Wall Street Memes allocates 30% of its token supply to community rewards, 20% towards liquidity, and 50% in the presale. This distribution model reflects the project’s goal of being democratic and inclusive. The explosive growth of the Wall Street Memes community, with over 1 million followers, further highlights its appeal. With an upcoming CEX launch in 23 days, the community’s engagement is expected to drive significant growth and propel the $WSM token to new heights.
With a successful track record from the Wall Street Bets NFT collection, Wall Street Memes is well-positioned for success. The project’s novel staking mechanism offers an impressive 282% APY, making long-term holding a lucrative opportunity. As Wall Street Memes continues to thrive off the original moment when it emerged onto the scene, investors should keep a close eye on this skyrocketing meme token.
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