- WSM Casino Marks Milestone with $1M Airdrop Announcement
- WSM Casino celebrates $100M wagered with $1M airdrop and ongoing burns to reward holders.
In a recent development, the Wall Street Memes (WSM) community is celebrating a new milestone as WSM Casino announces plans for a $1m $WSM airdrop.
This announcement follows a burn event where 5% of the $WSM token supply was incinerated.
The burn event, which took place on 29 February, saw 100% of the Net Gaming Revenue (NGR) generated by WSM Casino between October 2023 and January 2024 being burned.
This move was aimed at introducing deflation into the $WSM tokenomics, with 100,000,000 $WSM tokens being destroyed. Moreover, it marked the initiation of recurring monthly burns for NGR on WSM Casino, as part of efforts to reward long-standing $WSM holders.
The recent burn event garnered a positive market response, with $WSM prices experiencing a notable uptick over the past 72 hours.
Currently trading at $0.012, $WSM (the project token) has demonstrated a weekly gain of +65.6%, outperforming other meme coins in the market.
In comparison, Dogecoin ($DOGE), a leading token in the meme coin sector, experienced a retracement of -6.2% over the past 24 hours, while $WSM continued its upward trajectory.
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Following the burn event, WSM Casino announced the $1m $WSM airdrop as a celebration of reaching its milestone of $100m wagered across its platform.
The airdrop, scheduled to commence on 8 March, will offer users a two-month window to participate. Details regarding the airdrop will be disclosed by the Wall Street Memes team in the upcoming week.
The announcement of the airdrop is expected to further bolster momentum for $WSM, with participants eager to engage in WSM Casino activities to qualify for airdrop rewards.
In January 2024, Wall Street Memes transitioned to the Binance Smart Chain (BSC), introducing faster and cheaper transactions for its users. The move to BSC brought about adjustments to block rewards and the introduction of new staking contracts, enhancing the overall experience for the WSM community.
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Additionally, WSM Casino offers a referral program, enabling users to earn a 25% share of Net Gaming Revenue generated by players they refer to the platform.
WSM Casino also offers a 200% welcome bonus of up to $25,000 plus, making it an enticing proposition for new players.
Stay updated with the latest project updates by following WSM Casino on X (Twitter) and join the discussions on Discord and Telegram or spread the word via Instagram and TikTok.
