• USD+ Stablecoin Shoots Up +1,000% Following Major De-Peg
• Wall Street Memes Token Raises $23.7 Million Ahead of Exchange Listing
• Crypto Whales Accumulating Before Wall Street Memes Lists on Exchanges
USD+ Stablecoin Shoots Up +1,000%
A major move sent shockwaves through DEX markets as leading ZKSYNC DEX stablecoin USD+ destabilized and created seismic price moves. As stablecoins become increasingly mainstreamed, USD+ dropped to an alarming $0.8 as the algorithmic peg appears to be under attack from DEX pressures. The turbulent peg led to dramatic performance – with USD+ pumping more than +1,270% as developers fought to correct the incident.
Wall Street Memes Token Raises Big Bucks
The meme coin vertical is making a resurgence with one project on everyone’s watchlists: Wall Street Memes ($WSM). The token community now stands one million strong, with the presale exceeding all expectations and amassing +$23.7m in funding before even hitting exchanges. The project aims to tokenize the anti-bank movement and redefine digital value perception.
Crypto Whales Accumulating Before Exchange Listing
As Wall Street Memes prepares for its market debut on exchanges, crypto whales are accumulating the token ahead of its listing date. With growing demand from traders and investors alike for meme coins such as Dogecoin or JIM, Wall Street Memes has emerged as a top choice for Q3 2023’s biggest coin launch.
Stablecoins Becoming Mainstreamed by CBDCs
With government-issued CBDCs becoming mainstreamed, stablecoins have seen a surge in adoption across multiple industries and use cases in recent months. This comes at a time when traditional banking systems are being disrupted by fintech companies offering users alternative banking options such as P2P payments or cryptocurrency wallets .
Meme Coins Redefining Digital Value Perception
Meme coins have been gaining steam in recent months due to their ability to bring together communities of like-minded people who share similar interests and values. They offer an alternative economic system that incentivizes users to hold tokens instead of holding fiat currency – which can be beneficial for both individuals and businesses looking to hedge against inflationary risks posed by fiat currencies.