Wall Street Memes (WSM) and Launchpad XYZ (LPX) are two low-cap cryptos gaining traction recently. WSM and LPX are both in the midst of successful token presales, with LPX having raised over $1.4 million and offering a limited-time 20% bonus for presale participants. WSM and LPX have both attracted attention from the influencer community, with YouTuber Crypto Pablo praising the projects in a recent video. Both projects offer innovative features and educational resources, such as an AI-powered trading assistant, a super-fast trading terminal, and a first-of-its-kind asset ranking system. Launchpad XYZ also plans to launch additional features, like an NFT DEX and fractionalized assets exchange, in 2024. With the presale’s momentum continuing to grow, LPX looks primed for a fruitful exchange launch in the coming weeks.In contrast, Terra Classic (LUNC) is struggling to regain its footing in the market, with prices falling over 9% in the past week. LUNC has now closed in the red for six weeks in a row, marking the token’s worst run since April. Price is comfortably below the 20-day, 50-day, and 200-day Exponential Moving Averages (EMAs), showcasing the considerable selling pressure that LUNC is currently experiencing. The recent hacking of the Terra website has also hurt confidence in the project, leading to further selling pressure. Unless these issues around trust are resolved, many investors will likely continue to exit their positions and send the Terra Classic price even lower in the near term.While LUNC continues to struggle, some lesser-known penny cryptos are showing signs of growing momentum. Two of these low-cap coins to monitor are Wall Street Memes and Launchpad XYZ – both in the midst of highly successful token presales. Wall Street Memes has emerged as one of the biggest meme coin presales of 2023 by raising over $25 million thus far. The team aims to “tokenize” the anti-establishment sentiment that became popular during the GameStop short squeeze of 2021 through the WSM token. Early investors can buy WSM through the final stage of Wall Street Memes’ presale, with the token price set at $0.0337. Once this presale ends, WSM will be launched on “multiple” Tier-1 exchanges – with some in the Wall Street Memes Telegram community speculating that the token could be listed on Binance and Coinbase. The developers have also implemented a staking protocol for the Wall Street Memes token, with yields of up to 86% per year on offer. With WSM receiving backing from popular YouTubers like Michael Wrubel, the stage is set for the token to make a big splash in the crypto market.
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 9 |
| People | Crypto Pabl, Michael Wrubel |
| Companies | Michael Wrubel, Coinbase, PrimeXBT, Wall Street Memes, Binance, Launchpad XYZ, Terra Classic |
| Currencies | none, ethereum, wall street memes, terra classic., bitcoin |
| Securities |
