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The meme coin market is down 2.23% to $96.5 billion, but Wall Street Pepe is bucking trends and has raised $38 million since launching on December 3rd.
The meme coin market is down 2.23% in the last 24 hours, pushing its value to $96.5 billion, a far cry from its ATH of $137 billion earlier this month. Despite the bearish market sentiment, Pepe-themed meme coins are seeing gains today, with Pepe (PEPE) and Book of Meme both gaining over 3%.
Although most established meme coins are struggling to generate significant profits, Wall Street Pepe (WEPE) is achieving its funding goals at a rapid pace, even as the broader meme coin market faces negative trends.
Since its inception on December 3, the project has raised over $38 million as investors add WEPE to their portfolios to secure their place in the upcoming trading channel. Let’s take a look at what WEPE plans to bring to the meme coin space and whether it is a worthwhile investment.
WEPE strives to create a level playing field for all retailers
Purchasing WEPE during or after the presale period rewards its holders with a spot in its trading channel, which is designed to help smaller traders navigate the market and spot good investments for competing whales.
According to the project’s white paper, WEPE’s developers intend to share trading strategies, signals, market insights, investment calls, and more to make WEPE useful.
The WEPE team also has 15% of its total 200…
