In the latest overnight sensation, SAFU - the new meme coin on the block - skyrocketed an eye-watering 30,000% in just 6 hours, as high-stakes DEX traders raced to ride the moon-shot.
The SAFU meme coin is a reference to the famous statement "funds are SAFU" by Changpeng Zhao (the industrious founder of Binance).
A sudden influx of $180k in volume in the early hours of this morning drove explosive price action, as SAFU exploded from a lowly $0.0164323 launch price.
Within hours and just over 500 transactions, SAFU had surged to hit a whopping $0.001101 in a stunning +30,000% move.
However, as the saying goes: all good things must come to an end.
And in true fashion for many short-lived meme coins, SAFU has already entered a major retracement pattern as freshly minted millionaires lock-in their newfound gains.
With holders in a muddle, many are now scrabbling to uncover the next moon-shot - with a reverence towards coins with long-term value accrual such as DOGE and SHIB.
One such meme coin, gaining major traction among eagle-eyed investors is Wall Street Memes.
Unleashing a storm in meme coin markets, the presale of Wall Street Memes' $WSM token hit a whopping $15 million.
This meme coin, born from a 2021 rebellion against Wall Street, is anticipated to be the crypto community's new darling ahead of the release of a highly-anticipated roadmap.
What's impressive about $WSM? It’s not just another meme coin.
The Wall Street Memes team knows the game inside out, demonstrated by their track record of lightning-fast asset launch sell-outs, with a million-strong, zealous community, and a successful presale surpassing their own record, $WSM's potential is sky high.
The token price, currently at $0.0316, is set to rise once the presale hits
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