Fintech PR
Wall Street Memes Price Expected to Rocket on OKX Exchange Listing – Largest New Crypto Launch of 2023
NEW YORK, Sept. 25, 2023 /PRNewswire/ — OKX, the world’s second-largest crypto exchange in terms of liquidity and visitors, lists the biggest meme coin ICO ever, Wall Street Memes ($WSM), tomorrow Tuesday 26th, at 10am UTC.
After raising nearly $30 million for its mission to democratize finance by taking on Wall Street on behalf of mainstreet, the eagerly awaited launch on multiple tier 1 exchanges has arrived, with OKX the first to start trading WSM/USDT.
The OKX announcement means the listing has been brought forward by one day, in what is probably a bullish indicator as OKX looks to lock in an expected influx of trading volume. Don’t be surprised if other exchanges follow OKX’s lead and bring forward their $WSM list dates too.
An hour before the listing, $WSM’s token generation event (TGE) takes place at 9am UTC, at which time early presale token holders will be able to claim directly on the Wall Street Memes website.
Those who prefer to buy on decentralized exchanges (DEXs), or are in jurisdictions where OKX is not available, can start trading on DEXs from 2pm UTC, four hours after the OKX listing.
https://x.com/wallstmemes/status/1706260154021191860
For last-minute investors trying to get in before the centralized exchange price explosion, there was still time to buy in the presale up until 6pm UTC today.
$WSM was priced at $0.0337 in the last stage of the presale, which, depending on market-making activity, should be below the list price on OKX tomorrow.
In the past three days alone, more than $2.5 million has flowed into the presale. There were more than 5,000 buys on the Ethereum presale smart contract in the space of 24 hours as the FOMO took off.
You can check out the Ethereum presale buys on Etherscan ( https://etherscan.io/advanced-filter?tkn=0xb62e45c3df611dce236a6ddc7a493d79f9dfadef&txntype=2&amt=100000~1000000000000 )
Along with its deep liquidity, as confirmed by market makers Redline and Kairon Labs, and excellent visitor numbers, OKX also happens to be the sponsor of the top team, Manchester City, in the wealthiest sports league in the world – English football’s Premier League.
The team behind $WSM said there would be ‘multiple tier 1 exchanges’ listings of the coin, so more announcements are expected to follow the OKX news. It is thought that tier 1 is taken to mean top 10 exchanges, so there will be plenty of liquidity to guarantee smooth trading, good market depth and low price slippage.
Wall Street Memes has among the largest meme coin communities with more than one million followers across all socials.
Its Wall Street Bets Instagram account has 539,000 followers, and there are 279,000 on X (formerly Twitter).
There are also another 100,000 followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.
With such an expansive social footprint in play at the very beginning of its meme coin journey, Wall Street Memes can safely be said to have the largest such community of any crypto just starting out.
Crypto’s most valuable meme coin, Dogecoin, took 10 years to amass more than 3 million followers on X. Certainly, that’s a solid milestone, but consider the fact that Wall Street Memes is launching with one million followers already in hand.
Pepe exploded onto the crypto scene in late April and listed on major exchanges shortly after.
In the week before it listed on major exchanges, the price of the coin increased by nearly 1,000%.
If, like Pepe, the $WSM price pumps 15x at launch, a $1,000 investment will be worth $15,000. Given the upside experienced by Pepe, such a projection is well within the bounds of possibility.
After OKX there will be more exchanges listing $WSM, so the bullish price pressure will gain momentum over the coming period.
From launch to all-time high, Pepe made gains of 260x.
Such is Wall Street Memes’ reach, it has had Elon Musk showing up on its X posts.
The implication of Musk’s involvement at the level of tweet interactions is massive.
As is well known, Musk is interested in cryptocurrency, notably as a backer of Dogecoin. But he has dabbled in other coins too, or at least helped to birth them.
https://twitter.com/elonmusk/status/1636924379086077954
One last thing. The team at Wall Street Memes is not entirely new to crypto. They have already tasted the fruits of success with their NFTs.
In May this year, the team launched the Wall Street Bulls Ordinals NFT Collection.
Before that, in 2021, the founders made a profit of $2.5 million after minting the Wall Street Bulls 10,000-piece NFT collection, which sold out in 32 minutes.
With mystery products set to be launched after the coin launches and staking already live, Wall Street Memes looks to be deadly serious about building a meme coin with utility to become a vehicle for wealth creation.
If you are thinking of taking a bet on a meme coin, then the King of Stonks is probably the best place to start.
Crypto analysts on YouTube have had Wall Street Memes in their sights for some time.
Joe Pary thinks $WSM could be the next 100x meme coin.
Imagine if you could turn $27 into $4,240,471 with top 3 best crypto meme coin? Wall Street Memes could be that token.
YouTube channel Crypto Pulse picks $WSM as the only meme coin worth buying – the Pepe coin killer.
Finally, this crypto YouTuber has some interesting nuggets for presale buyers, but all those selling points apply equally as well for new buyers entering the market when $WSM lists on OKX.
Gary McFarlane
[email protected]
Photo – https://mma.prnewswire.com/media/2220840/Wall_Street_Memes.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wall-street-memes-price-expected-to-rocket-on-okx-exchange-listing–largest-new-crypto-launch-of-2023-301938093.html
Fintech PR
TEAM NAVER to establish a joint venture with the National Housing Company in Saudi Arabia, building additional foundations for business along with its digital twin platform
– NHC, named “the largest real estate developer in the Middle East” this year, accounts for 70% of real estate transactions in Saudi Arabia
– Leading digital transformation in the real estate sector, including smart cities, plans underway to develop a map-enabled super app for public administration with NAVER
SEONGNAM, South Korea, Nov. 18, 2024 /PRNewswire/ — TEAM NAVER is to establish a joint venture with Saudi Arabia’s National Housing Company (NHC), a state-owned company under the Ministry of Municipalities and Housing. The JV will serve as NAVER’s business unit for the Saudi Arabia region, along with NAVER Arabia (tentative name) which will oversee the company’s business in the MENA region.
TEAM NAVER and NHC signed an MOU to establish a JV at Cityscape Global 2024, held from November 11 to 14 in Riyadh, Saudi Arabia. The MOU signing ceremony was attended by key figures from both companies, including Chae Seon-ju, President of ESG and External Affairs at NAVER, Kim Yuwon, CEO of NAVER Cloud, Majed Al-Hogail, Saudi Arabian Minister of Municipalities and Housing, and Ryan Al-Aql, CSO of NHC.
The JV will operate under NAVER Arabia (tentative name), with the operation and commercialization of the digital twin platform in Saudi Arabia as its core business along with NHC. The JV will also be TEAM NAVER’s first business entity for its technology platform business in the Middle East.
NHC, a key partner of TEAM NAVER in Saudi Arabia, is a state-owned company under the Saudi Arabian Ministry of Municipalities and Housing that is responsible for 70% of real estate transactions in the country. As part of Saudi Arabia’s “Vision 2030” initiative, the company is currently focused on digital transformation such as digital innovation in the real estate sector and smart city development. Since its establishment in 2016, NHC has been in charge of over 380 projects for real estate development projects including public housing provision, and the value of its real estate portfolio is expected to exceed 60 billion USD (80 trillion KRW) as of the end of 2025. The company has also been selected as the largest real estate developer in the Gulf Cooperation Council (GCC) by the Construction Week Middle East in 2024.
TEAM NAVER and NHC will operate and commercialize the digital twin platform in Saudi Arabia through the JV, while also developing other businesses such as a public monitoring platform for urban areas and a map-enabled super app for public administration.
“TEAM NAVER’s global competitiveness in technology and business has been recognized by various ministries and organizations in Saudi Arabia, and we are excited to further discover business opportunities with different partners in the region,” said Chae Seon-ju, President of ESG and External Affairs at NAVER.
Meanwhile, from November 11 to 14 TEAM NAVER attended and exhibited its technologies in Cityscape Global 2024, a prime construction exhibition in Saudi Arabia, to further explore various business opportunities.
About NAVER
Founded in 1999, NAVER is Korea’s largest Internet company. It operates No.1 search engine in Korea ‘NAVER’, along with the e-commerce platform and various global online services such as LINE mobile messenger, Webtoon and Webnovel publishing, SNOW video camera app and ZEPETO metaverse platform.
In addition to its own offerings, NAVER is building a strong global business portfolio through partnerships with industry-leading companies, including Softbank, Poshmark, and Wattpad. NAVER recorded sales of KRW 9.6 trillion (USD 6.9 billion) in 2023. The company invests approximately 25% of its annual sales in R&D projects, pursuing innovation through continuous research and development of future technologies, such as artificial intelligence, robotics and autonomous driving technologies.
To learn more, visit www.navercorp.com/en
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Fintech PR
Setting a New Safety Benchmark for the Industry: Sungrow Achieves Success in the World’s Largest BESS Fire Test
HEFEI, China, Nov. 18, 2024 /PRNewswire/ — In June 2024, Sungrow took the bold step of deliberately combusting the 10MWh of its PowerTitan 1.0 liquid-cooled battery energy storage system (BESS), becoming the first company globally to conduct a large-scale burn test on an energy storage system. Recently, the company invested approximately 4.23 million USD[1] to perform the world’s largest and longest burn test on 20MWh of its PowerTitan 2.0 liquid-cooled BESS.
These two burn tests conducted within six months underscore Sungrow’s commitment to technological innovation, its relentless pursuit of product quality, and its unwavering dedication to ensuring the safety of both personnel and assets at energy storage plants. Meanwhile, the test represents Sungrow’s steadfast commitment to upholding the safety baseline for the energy storage industry.
The 20MWh burn test replicated a real-world power plant fire scenario, completed under the oversight of DNV (Det Norske Veritas) experts and over 100 clients, and delivered results exceeding expectations. The results were clear: there was no fire propagation during the thermal runaway incident. In contrast to conventional industry burn tests, this test was a significant upgrade in terms of combustion duration, testing conditions, and safety standards, establishing a new benchmark for safety through rigorous and extreme testing.
Challenge 1:
Withstanding Over 25 Hours of Combustion, Proving Superior System Protection Capability
Unlike common industry-standard combustion tests within 4 to 8 hours, this challenging test was designed to sustain for 3 to 6 times longer. After continuous burning within 25 hours and 43 minutes, the container structure of the thermal runaway unit remained intact, and the system could still be safely hoisted for removal. Importantly, the fire did not spread beyond the unit, demonstrating the PowerTitan 2.0’s advanced explosion venting, flame retardancy, and impact resistance capabilities.
Challenge 2:
Enduring Temperatures High Enough to Melt Steel, Verifying Thermal Runaway Containment
To simulate extreme operating conditions, four fully-charged energy storage units were arrayed nearby — containers A and B were only 15 cm apart, which is the absolute minimum distance permitted in the industry (most power plant containers are spaced 3 meters apart). Despite the flames from container A reaching 1,385°C — temperatures high enough to melt steel — the fire did not spread to the neighboring container B, which maintained a safe temperature of 40°C. This result validates the PowerTitan 2.0’s superior fire insulation ability, even when the units are placed in extremely close quarters.
Challenge 3:
Testing Fire Resistance and Flame Retardancy Without Firefighting Protection
In this phase of the test, all firefighting systems for the BESS containers were intentionally shut off, leaving the units unprotected and significantly increasing the safety risks. Despite this, the PowerTitan 2.0 performed admirably, with all four storage container doors remaining intact and not burned through. The fire was effectively contained within the container, and the damage was limited. This demonstrated the BESS’s ability to autonomously respond to extreme fire situations, highlighting the robust passive fire protection design that minimizes risk.
Safety is the cornerstone of the energy storage industry. Sungrow’s two consecutive, high-investment, extremely large-scale burn tests on the PowerTitan series reflect the company’s unwavering commitment to safeguarding personnel, assets, and operations at power plants, as well as its dedication to reinforcing the safety standards for the entire industry. The success of this rigorous and high-standard combustion test sets a new benchmark for safety in the energy storage sector, providing valuable real-world evidence for future safety protocols.
|
[1] 30 million CNY (approximately 4.23 million USD at an exchange rate of 7.1 CNY to 1 USD). |
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 27 years. As of June 2024, Sungrow has installed 605 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the most bankable Asian energy storage company (BloombergNEF). Its innovations power clean energy projects in over 170 countries, supported by a network of 490 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit www.sungrowpower.com.
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View original content:https://www.prnewswire.co.uk/news-releases/setting-a-new-safety-benchmark-for-the-industry-sungrow-achieves-success-in-the-worlds-largest-bess-fire-test-302308067.html
QINGDAO, China, Nov. 18, 2024 /PRNewswire/ — A news report from chinadaily.com.cn:
Important in Qingdao’s development strategy, Laoshan district is a city of science and technology that is a fertile ground for innovation and a number of strategic emerging industries and future industries.
In 1994, the initial batch of high-tech enterprises in Qingdao began to congregate in Laoshan. Over the past 30 years, Laoshan has focused on expanding and strengthening the value chains of seven key industries including artificial intelligence, virtual reality, and modern finance.
The district has attracted a large number of innovative enterprises, including nine unicorn companies, 28 nationally recognized specialized and new “little giant” enterprises, 47 provincial-level gazelle enterprises, and 920 high-tech enterprises, all of which are among the top in the city in terms of quantity.
Laoshan district currently has the highest density of scientific and technological innovation in Shandong, with 178 high-tech enterprises per 10,000 companies, 52 national and provincial-level scientific research institutions, and 160 academicians and high-level talents.
By 2023, the proportion of the output value of high-tech industries in Laoshan district to the total output value of large-scale industries reached 86.55 percent, with the leading industry scale exceeding 180 billion yuan ($25.33 billion). Laoshan district has been selected as one of the nation’s top 100 industrial zones for two consecutive years.
Taking virtual reality as an example, as early as 2016, Laoshan district proposed that it become China’s virtual reality industry capital. In 2022, Qingdao constructed an industrial park featuring virtual reality in Laoshan, which has a planned area of over 2,000 mu (133.33 hectares), aiming to create an internationally leading highland for the virtual reality industry.
With the establishment of the industrial park, Laoshan district has vigorously attracted industry-leading enterprises and high-growth companies, as well as top talents in virtual reality. Currently, the park has attracted leading consumer-facing companies such as Douyin Pico and Dapeng VR, as well as core supporting enterprises such as electroacoustic components manufacturer GoerTek and Chinese virtual reality headset maker Pico. Shipments of high-end VR products from leading companies in the park account for over 80 percent of the domestic market.
In 2023, the scale of the virtual reality industry in Laoshan district surpassed 18 billion yuan, a year-on-year increase of 50 percent, and the virtual reality industry cluster was selected as a provincial-level future industry cluster.
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View original content:https://www.prnewswire.co.uk/news-releases/qingdaos-laoshan-district-boosts-innovative-growth-302308048.html
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