The newly launched cryptocurrency project, WALTER2.0, has quickly generated significant profits for its early supporters.
In just 24 hours, the digital asset experienced an astonishing 30,000% jump, creating many millionaires.
However, this impressive climb was marred by concerns raised by DEXTools Launchpad, which WALTER2.0 labeled a honeypot scam.
Additionally, the token performed poorly in community votes, further strengthening suspicions that it could serve as a fraudulent mechanism for malicious actors to cheat investors out of their funds.
Given the scarcity of reliable information, cryptocurrency experts strongly advise investors to exercise caution and avoid participation in this project.
Instead, they recommend exploring alternative community-driven tokens such as $WSM, $THUG, and $HANKEY that offer more transparent and reliable investment opportunities.
Huge benefits, potential financial pitfalls
In the last couple of months, several projects have reported extraordinary achievements in a short span of time.
Many of these projects are joke cryptocurrencies called meme coins.
WALTER2.0 seems to belong to this group, although there is no information about what the token consists of.
So far, the project has locked up over 30,000% and is currently trading at $0.000000022 in its last 24 hours.
The project has recorded over $105,000 in trading volume to date. Its seven-day performance approximates a 40,000% increase over the past week.
While these generally generate excitement among investors, there seems to be a growing belief that this is just one of the many honeypot scams that have graced the crypto space.
For one, the DEXTools aggregator website flags a potential honeypot scam on the token’s trading chart.
For those new to the concept, a honeypot scam is a crypto project that attempts to lure investors into interacting with a poorly configured crypto wallet or project.
Once enough liquidity is channeled into the project, the token producer can easily drain the funds in the smart contract, leaving investors with nothing in return.
Given the often high benefits or upside, such projects are often very attractive – hence the honeypot allusion.
WALTER2.0 was also blacklisted and performed poorly in the community vote category.
According to its DEXTools page, WALTER2.0 was voted by 95.7% of investors, with only 4.3% giving it a thumbs-up.
Meanwhile, with the multitude of crypto projects, it is crucial for investors to always validate their authenticity.
The easiest way is to learn about the project team to know who they are and what they have built in the past.
In this context, we provide more stable and powerful projects where investors can tap and sit on token pumps of WALTER2.0 project.
Wall Street Memes ($WSM): The ultimate expression of the Internet’s victory over capitalism
A critical aspect of a successful project is having a clear vision and purpose. Wall Street memes exemplify this by embodying a change in the financial world.
Launched a month ago, the innovative project marks the movement that emerged from the 2021 GameStop events.
This blockchain protocol stands as a symbol of the Internet’s victory over unregulated capitalism.
With the widespread Internet and technological advancements of the past decade, average investors have become more informed, breaking down the financial barriers that once excluded them.
Wall Street Memes makes this possible by providing access to endless financial memes.
While these memes may be taken for granted in the traditional financial world, Wall Street memes aim to help investors profit from them.
The project team has a lot of experience in the blockchain field, having previously organized the highly successful Wall Street Bulls NFT collection in 2021, which sold out on the Ethereum blockchain in 32 minutes.
With over 1 million crypto enthusiasts and investors actively participating, the project has garnered considerable attention and interest.
Famous pro-crypto billionaire Elon Musk is also involved with the project, which has further increased its online presence.
This strong online presence has earned the Wall Street Memes Project over 40 million impressions in a short time.
Additionally, crypto experts have hailed the project as the next big thing in the meme coin cycle. Many envision a Tier-1 exchange listing in the distant future.
Against such a strong backdrop, its native token, $WSM, enjoyed a strong presale window. Meme Token has already raised $14.82 million and more deposits are pouring in daily.
Before the price increase in two days, one can easily tap this token and buy $WSM at its current presale value of $0.0316.
Buy $WSM now
Thug Life ($THUG): First Ever Ballers Meme Coin
Introducing the Thug Life Protocol, an intriguing meme cryptocurrency project to watch out for.
With a strong focus on reviving the ’90s hip-hop lifestyle popularized by legends like Snoop Dogg and others, Thug Life positions itself as the ultimate project that fully tokenizes this time frame.
Dubbed Baller’s Meme Coin, Thug Life offers a platform for humor and camaraderie, and gives crypto investors a chance to find their way to success.
In the Web3 space, we’ve witnessed an influx of dubious endorsements of influencers and projects.
Sadly, many unsuspecting investors have poured their life savings into these ventures, only to have their dreams dashed.
Thug Life gives investors a way to turn their past setbacks into profitable results.
It embraces and celebrates the current buzz culture that pervades the Web3 space.
Its $THUG Token 100x Meme Coin is one crypto giants won’t want to miss out on.
Adding to the excitement is its limited presale phase, which has set a hard cap of just $2,058,000 to raise from early backers.
At press time, $THUG had raised more than $1.75 million in presale investment, leaving only a few slots for investors to tap.
Given the current pace, the presale phase is likely to sell out within four days.
Early investors can purchase $THUG tokens for $0.0007. However, this will increase drastically once the presale phase ends.
Buy $THUG now
Mr. Hankey Coin ($HANKEY): South Park’s sentient meme coin
Our top recommendation round up is Mr. Hanky Meme Coin. Launched just a week ago, Hanky is shaping up to be the most exciting meme coin project of 2023.
Within 30 minutes, $HANKEY managed to get more than $200,000 in investment, creating a buzz in the community.
The digital asset is a new meme coin based around Mr. Hankey, a beloved character from the popular TV show South Park.
Depicted as a cheerful and sentimental excrement, the animated figure served as the show’s previous Christmas deity.
While many crypto-projects focus on fancy details, Mr. Hanky Coin embraces its identity as a weird stool symbol.
The project celebrates what it calls “dirty money” and doesn’t want to be the next Bitcoin.
While the project is run by unknown developers, the same team is rumored to have a hand behind the viral $PEPE and $SPONGE projects.
The project recently completed its presale and is listed on Uniswap.
At press time, $HANKEY is trading at $0.0018, indicating a 12.82% uptrend in the last 24 hours.
Visit Mr. Hanky Coin here
Disclaimer: Crypto is a high risk asset class. This article is provided for informational purposes and does not constitute investment advice. You can lose your entire capital.