Wall Street Memes coin gains traction, becomes 4th most traded meme token worldwide By Investing.com

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In a outstanding achievement, Wall Avenue Memes ($WSM) has emerged because the fourth most traded meme coin in international crypto markets, simply six days after its first centralized trade itemizing. The surge in buying and selling quantity for $WSM has been evident since Tuesday, with almost $60 million price of the token traded since its itemizing on OKX on September 26.

This buying and selling quantity compares favorably with that of different well-known meme cash. Throughout the identical interval, Pepe noticed $79 million in trades, $103 million, and $222 million. Over the weekend, $WSM surpassed each Pepe and Shiba Inu in 24-hour quantity traded.

The spectacular efficiency of $WSM has sparked rumors about potential upcoming listings on different main exchanges comparable to Binance or Kucoin. At the moment, the token will be traded on OKX, HTX, MEXC, LBank, CoinEx, BitMart, and BingX centralized exchanges.

The rising buying and selling quantity and curiosity in $WSM come at an opportune time because the fourth quarter historically brings luck for cryptocurrencies. The continued ‘Uptober’ and altcoin season have additional amplified the eye in the direction of $WSM.

Including to its attraction is a verifiable reference to Elon Musk, the world’s richest man. Musk has interacted with the WallStMemes’ X (previously Twitter) account a number of occasions, which has possible attracted patrons to $WSM.

In one other vital improvement for the meme coin sector, the MEXC trade has initiated futures buying and selling for the $WSM/USDT token pair. It is a noteworthy breakthrough as crypto futures markets are significantly bigger than spot markets. This transfer by MEXC might encourage different buying and selling venues to observe go well with to draw buying and selling quantity round fashionable trending tokens like $WSM.

This information comes on the heels of the launch of two new Ether-based futures trade traded funds (ETFs): Bitwise Technique ETF (AETH) and the Bitwise and Ether Equal Weight (BTOP).

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