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Meme Coin Market Sees Hope With WSM and AiDoge Release 

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Meme coin lovers and enthusiasts go through a tough phase as meme coins trading volume declines by 25% in recent weeks. 

With tokens such as Pepe Coin and Wojak Coin falling subsequently, meme coin lovers have chosen to liquidate their holdings. 

Although it’s not all bad for meme coin lovers as Wall Street Memes ($WSM) and AiDoge (AI) are trying to catch investor attention by defying the odds.

The Meme Coin Market is Slowly Cooling Off

Total meme coin trading is just a fraction of the peak that it hit on April 15 reveals James Tolan’s Dune analytics tracker. One more disappointing fact is that the creation of meme projects has decreased which signals that creators are not interested in launching projects in this niche anymore.

Declining gas consumption in meme coin transactions in comparison to other cryptos is also quite alarming.

The slowdown in the meme coin market with these metrics indicating is just the exact same thing as what happened in the 2022 crypto winter. 

As mentioned above popular tokens such as PEPE and Wojak dropped 66% and 84% respectively from their all-time highs indicating that the meme coin market is not what it used to be before. 

With the meme coin market going through such a rough patch it is unclear to say how things will advance with meme coins and speculations rising from the investment community. 

Wall Street Memes to Launch $WSM Coin

Despite the slowdown in the meme market, there are few coins that are grabbing the attention of viewers and investors. 

One such coin is the Wall Street Memes ($WSM). A brand new meme coin project which has been getting a lot of traction during its pre sale phase. 

As the name suggests, the coin is linked to the subreddit WallStreetBets which has more than 13.2 Million members. 

The popularity of this newly launched project is largely due to the previous success of the Wall St Bull NFT which was launched in early 2021. The collection got an immense success as it got sold out within 32 minutes.

The success of the NFT collection has led to an incredible community formation around the Wall Street Memes. It currently has 214,000 followers on its Twitter and 140,000 followers on its Instagram. 

The total supply of $WSM has been decided to be capped at $2 billion with 50% of it available at pre-sale for all the people. The rest 50% is aimed to be used for rewards and liquidity purposes. The project is totally controlled by the community with no staff or professional team allocation. 

early-bird investors who are interested in buying can buy the coin for just 0$0.025 dollars, the lowest price at which the coin will be offered. 

AiDoge coin

A project other than the WSM that is gaining a lot of audiences is AI-powered meme sensation AiDoge($AI). 

With AiDoge opening itself up for presale it has bagged a whopping $14.5 million investment in just over four weeks.

Ever since the pre-sale launch, meme coin lovers have been coming with a full pocket to buy $AI tokens. During the presale, the coin was offered for a discount with the listing price of $0.0000336. 

The success that this coin is getting is mostly because of the meme-style appeal and AI-driven use case. 

AiDoge is currently at its final stage of presale with the CEX listing coming in a few weeks. 

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