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Stacked-backed TWITCH is exploding with 24-hour gains surpassing 7,500% on Wednesday. Trading on DEXTools, a decentralized that offers investors and traders market analytics and related tools, TWITCH is exchanging hands at $0.000000176.
The token boasts incredible stats with a 24-hour volume of more than $400,000 supported by liquidity worth $41,000, according to live price data from DEXTools.
Crypto whales are scooping up TWITCH tokens even before they are listed on exchanges, with total buys amounting to 530 while total sales stand at 330.
What is TWITCH Token?
If you are a gamer or a content creator, or an investor you probably know about Twitch, the popular video streaming platform for gaming content. But did you know that there is a new platform that aims to be the Twitch for web3 gamers?
It’s called Stacked, and it’s powered by $TWITCH, a crypto token that rewards creators and users for engaging with web3 gaming content.
On the other hand, Stacked is a video streaming platform that integrates blockchain and NFT features to empower creators and users.
Unlike Twitch, which takes a large cut of the revenue from creators and advertisers, Stacked gives creators governance tokens that allow them to own and control the platform, TechCrunch reported on the platform in August.
Users can also earn tokens by watching, liking, commenting, and sharing content on Stacked.
Why Are Crypto Whales Scooping Up TWITCH Tokens?
$TWITCH is the native token of Stacked, and it has several use cases on the platform. The token is used to reward creators and users for their engagement and loyalty.
According to the project’s website, TWITCH is also used to govern the platform through voting and proposals. Similarly, it is used to access exclusive content and features, such as NFT drops, premium subscriptions, and special events within the Stacked ecosystem.
Additionally, investors can stake the token and provide liquidity for the $TWITCH/WETH pair on Dextools.
By staking or providing liquidity for the $TWITCH/WETH pair on Dextools, users can earn more $TWITCH tokens as rewards. They can also benefit from the price appreciation of both tokens as the demand for web3 gaming content grows.
Moreover, they can help increase the liquidity and stability of the pair, making it easier for other users to buy and sell $TWITCH tokens.
Powering the Web3 Gaming Space
$TWITCH is a cryptocurrency token with significant potential in the realm of web3 gaming. Its strong backing comes from a team comprised of seasoned entrepreneurs and investors, well-versed in domains like gaming, streaming, blockchain, and artificial intelligence.
Additionally, it enjoys the support of an expanding community of creators and users who are enthusiastic about web3 gaming content. TWITCH could be an ideal investment for people seeking exposure to the web3 gaming space.
Dextools on the other hand, is a decentralized platform offering tools and analytics tailored for traders and investors in the cryptocurrency arena. It enables users to access real-time data, charts, trends, alerts, and more for a variety of cryptocurrency pairs on multiple exchanges.
Among the pairs supported by Dextools is $TWITCH/WETH, a representation of the exchange rate between $TWITCH and Wrapped Ether (WETH), a tokenized form of Ethereum.
Wall Street Meme – A TWITCH Alternative Worth Considering
Investors who may not be comfortable with little-known tokens like Twitch may want to consider buying Wall Street Memes.
This viral meme coin, whose many followers believe can be the next Pepe Coin (PEPE) or Shiba Inu (SHIB) after it lists on exchanges, is selling out fast in the ongoing presale.
Although the token was introduced to the market a few weeks ago, the team behind Wall Street Meme has already surpassed $9 million. Investors are buying WSM, the native token to the ecosystem, at $0.0298.
Introducing $WSM – yep, we’ve gone and done it.
The community token that’s flipping the Wall Street Memes game upside down! 🐂We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.🔥
Let’s make some serious waves together,… pic.twitter.com/fH2TMGmglZ
— Wall Street Memes (@wallstmemes) May 27, 2023
A Meme Coin Token Bustling With Utilities
Inspired by the GameStop saga that saw retail investors challenge Wall Street, this crypto project riding on the meme coin frenzy, has spurred an entire subculture of internet memes revolving around stock and crypto investment.
Notably, Wall Street Memes isn’t just another meme coin. It’s a comprehensive platform offering an array of features and services for its users, like NFTs. The team behind Wall Street Memes has created several collections of non-fungible tokens showcasing widely recognized memes, celebrity figures, and investing-centric characters.
These NFTs can be purchased, exchanged, and traded within the platform or on other marketplaces.
With a robust presence across multiple social media platforms such as Instagram, Twitter, Reddit, and Telegram, Wall Street Memes has secured a unique position in the meme coin ecosystem.
The ecosystem regularly posts engaging content, fostering interaction with its massive following, now numbering over a million. The project has even attracted the attention of tech mogul Elon Musk, who responded to one of its tweets with an emoji.
As part of its community-driven approach, Wall Street Memes offers rewards to members who hold and transact with its token. By simply holding $WSM, investors can yield passive income via transaction fees.
WSM also grants access to exclusive giveaways and competitions, and unlocks premium features and services on the platform.
How to Participate in WSM Presale?
Buying Wall Street Memes (WSM) during the presale involves a few essential steps. Investors should ensure they have a compatible crypto wallet, such as MetaMask or Trust Wallet, that supports transactions on the Binance Smart Chain (BSC).
Moreover, these wallets should be pre-loaded with BNB tokens, which cover the conversion fees.
Investing in crypto presales offers an extraordinary chance to access heavily discounted tokens before they hit the bustling open market. Imagine procuring shares in Amazon or Apple before they went public. That’s the potential held in a crypto presale. It’s your exclusive backstage pass into tomorrow’s digital titans.
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