New Meme Coin $L, Skyrockets 1,000% After Listing, But Is It Legit? – Elon Musk’s Tweet Ignites Frenzy For New Cryptocurrency $WSM

When it comes to meme coins and Elon, it's a match made in crypto heaven. From the legendary Dogecoin (DOGE) to a whole galaxy of meme coins soaring on Musk's influence, early investors have struck gold and made fortunes.

Now, a thrilling new player is aiming to capture Musk's attention and that is L The Memecoin ($L). After launching on DEXtools, it went absolutely bonkers, skyrocketing by nearly 1000%.

While we await Musk's tweet about L The Memecoin, there's another thrilling contender making waves. Wall Street Memes ($WSM), a meme coin with one of the best presales happening right now, caught Musk's attention on Twitter.

Riding the colossal popularity of the Wall Street Memes movement, this coin has already amassed a jaw-dropping $11 million in just a few short weeks! But let's take a look at the $L token first and see how it went wild.

$L Fails to Catch Elon's Eye, but This Meme Coin Has Already Captivated Him

L The Memecoin has made waves on DEXTools, where it even claimed the top spot as the most viewed hot pair' among cryptocurrencies.

The origin story of this meme coin is pretty interesting - it all began with an Elon Musk tweet in 2021, where he revealed his love for the character L Lawliet from the popular Japanese manga series Death Note. And that's how $L came into existence.

Although you won't find $L listed on CoinMarketCap just yet, according to DEXTools, its fully diluted market cap stands at a whopping $10 million, with a growing community of around 3,200 holders.

But here's the juicy part: Twitter Blue subscribers had the chance to participate in an exclusive $L airdrop. People were so excited about it that some even signed up for Twitter Blue just to grab their share of the airdrop.

Unfortunately, the reservation period for the airdrop has ended, so new participants are out of luck. This means it's unlikely that Elon Musk will acknowledge the coin, even though it might have driven a few Twitter Blue sales.

In spite of this, $L skyrocketed by 1,000% after it was launched. However, it has experienced a significant drop since then.

But hold on, there's a meme coin that has already grabbed Elon Musk's attention and is causing a stir in the market! This one has a unique concept, drawing inspiration from the 2021 meme stocks movement, and it's all about creating a strong community of traders and investors.

So let's dive right into it and see what sets it apart from the rest.

Wall Street Memes ($WSM) - The Memetic Marvel Defying Expectations and Building a Thriving Community

Wall Street Memes ($WSM) has been the talk of the town in the crypto community lately, gaining a lot of attention over the past month.

What's remarkable is that this new cryptocurrency project managed to raise close to $11 million in just one month during its public token sale, which kicked off in late May. That's some serious support from the retail trading community.

This viral meme coin was born out of the retail revolution that shook the financial world during the GameStop short squeeze of 2021. $WSM is like a symbol of the little guy standing up against the oppressive financial system. It's a true testament to the power of the people.

What's even more impressive is that Wall Street Memes made headlines with its groundbreaking NFT collection called the Wall St Bulls. And guess what? It sold out in a mind-boggling 30 minutes, raising a whopping $2.5 million.

As a result, they've built an incredible community of over 1 million traders, memers, and all-around passionate crypto enthusiasts. Discover how to buy Wall Street Memes Now.

>>>Buy Wall Street Memes Now

Elon Musk Can't Resist the Memes - How Wall St Memes Caught His Attention

One of the best things about WSM is its ability to create hilarious memes. These memes have played a crucial role in building a strong and vibrant community. And guess what? They even caught Elon Musk's attention.

Musk couldn't resist replying to the project's memes, not just once, but multiple times.

For instance, there was this popular meme poking fun at the Federal Reserve's money-printing frenzy during the COVID pandemic. Musk couldn't resist chiming in and sharing a laugh.

The Federal Reserve right now pic.twitter.com/w2OAL9mzTE

- Wall Street Memes (@wallstmemes) March 17, 2023

And there was this awesome Wall St Memes video featuring Musk criticizing Jim Cramer's stock-picking skills. Musk found it so funny that he replied with a laughing emoji.

With Elon Musk already interacting with the Wall St Memes account three times, it seems like they've caught his attention for real.

Analysts are even predicting that the $WSM token will soon be listed on major cryptocurrency exchanges like Binance. Why? Well, the Wall Street Memes community is massive, and Elon's interactions add an extra dose of credibility.

From $250K to $11 Million - Wall Street Memes Presale is Breaking Records

Right from the start, the $WSM presale had everyone talking. It was like wildfire spreading in the crypto community! They raised over $250K on the very first day and a whopping $500K in just 48 hours. That's some serious hype and puts Wall Street Memes right up there with the hottest projects of 2023.

But wait, there's more! They're also hosting a mind-blowing $50K airdrop, and let me tell you, it's attracting a massive number of entries. And here's the cherry on top: they're offering 420 super rare NFTs called Bitcoin Ordinals alongside their meme coin presale.

With close to $11 million already raised, the presale is on fire, and it's not showing any signs of slowing down. In fact, the tokens are selling out faster than lightning. So if you want to be a part of this exciting ride, grab some $WSM tokens today.

Conclusion

Although $L The Memecoin caught attention with its skyrocketing rise, its lack of recognition from Elon Musk and recent drop raise questions about its sustainability.

On the other hand, Wall Street Memes ($WSM) has already captured Musk's attention, built a massive community, and raised an impressive $11 million. With its strong support and momentum, $WSM emerges as the recommended choice for those seeking an exciting and promising meme coin investment.

The post New Meme Coin $L, Skyrockets 1,000% After Listing, But Is It Legit? - Elon Musk's Tweet Ignites Frenzy For New Cryptocurrency $WSM appeared first on The Tech Report.