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Large-cap meme coins continue to struggle owing to the broader market uncertainty, resulting in smart money investors pivoting to the low-caps. Several prominent meme coin traders are viewing Wall Street Pepe (WEPE) as one of the best meme coins to buy ahead of its February launch.
The new frog-themed meme coin has impressed investors with its presale performance, raising over $70 million and selling out ahead of schedule.
Wall Street Pepe Is Going Viral Ahead Of Its February Launch
Wall Street Pepe is going viral ahead of its February launch, a typical sign of high upside potential. Part of this is driven by FOMO among investors who missed out on the meme coin during its presale and are now eagerly awaiting its DEX launch.
It is not without any reason that Wall Street Pepe’s X account has nearly 50k followers, in addition to the 22k Telegram subscribers.
Indeed, WEPE is currently being featured in top crypto outlets like Cointelegraph, CoinMarketCap and Binance Square. Prominent crypto influencers with hundreds of thousands of subscribers have been tracking its presale performance, calling it one of the best meme coins to buy.
Most importantly, it has caught the attention of whales, who have invested high figures into the meme coin. Just last month, a deep-pocketed investor purchased nearly $500k worth of WEPE, signalling a belief of attractive returns. Meanwhile, $50k buys are almost a daily occurrence.
It is rare for new meme coins to see such strong community support during its presale itself. For perspective, WEPE’s $70 million ICO fundraising is higher than the pre-Binance valuations of several gems like Neiro and Act I: The Prophecy.
Pepe The Frog Meets The Wolf of Wall Street
Part of the reason for Wall Street Pepe’s popularity is its meme coin packaging. This frog is inspired by the reckless trading style of The Wolf of Wall Street.
Just like Jordan Belfort created generational wealth for his henchmen in the movie, this frog is aiming to create an army of small-scale traders that make it big during this bull run.
In this regard, the project will soon launch an exclusive group, called The Wepe Army, comprising all token holders. They will receive trading setups, alpha insights and strategies, all from seasoned traders. They may even receive tips on the best meme coins to buy.
15% of the WEPE token supply, which is already worth over $10 million after the presale, is set aside for trading rewards. This is reserved for the WEPE holders who posted their own trading setups in the group and helped their fellow trench mates make big money.
Several early WEPE investors have already generated attractive passive income with the Wall Street Pepe staking platform.
Is Wall Street Pepe The Best Meme Coin To Buy In February?
Considering the broader market uncertainty, it is unlikely that the large-cap meme coins break out in February. That will likely come in March.
However, smart money investors aren’t missing out on the low-cap meme coins that continue to deliver outsized returns. Just today, a wallet invested $239 early in $PEACH and has turned it into $154,000 in a span of a few hours.
Considering its strong presale performance and yet, the low market cap, it is no surprise that many prominent investors are viewing Wall Street Pepe as the best meme coin to buy in February.
The early WEPE buyers are eyeing up to 100x returns. However, experts believe those buying immediately after the DEX launch could also net up to 10x returns.
WEPE holders can follow the project’s X and Telegram accounts for details regarding the upcoming launch, token claim and the latest on the VIP group launch.
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