Joe began writing for Basketball Insiders at the start of 2023. A keen sports fanatic ever since his first days playing football in junior school, he has developed a flair for writing over the coming years, and graduated with a BA in English Literature. His professional background in the gambling and sports industries now extends to five years, mostly covering horse racing and US sports. He has previously written for sites such as gg.co.uk and cheltenhamfestival.net on the horse racing side, having grown passionate about the sport by visiting his local tracks on a regular basis. As well as this, he has the honor of being published in the Royal Ascot magazine in 2019.
All posts by Joe NapierThe latest popular crypto casino is Wall Street Memes Casino, created by the anonymous inventors of Wall Street Memes. Crypto casinos are online platforms where crypto investors can deposit cryptocurrencies and use them to play online casino games that mimic the gambling experience at in-person casinos.
The WSM Casino promises to be a place to “grow your bags.” Offering a live casino, it also boasts provably fair games, sports bettings, and a $WSM token integration.
But is it as fun and profitable as it sounds? In this Wall Street Memes Casino review, we’ll give you the full breakdown of the WSM Casino. By reviewing its over 5,000+ games and bonuses for $WSM deposits, we’ll give you an honest breakdown of the pros and cons and whether or not it’s worth your time.
What Is Wall Street Memes?
Wall Street Memes Casino is an online casino that the founders of Wall Street Memes coin ($WSM) created. WSM is a meme coin that you can buy on decentralized cryptocurrency exchanges — and use to play games at WSM Casino.
The group of anonymous online traders behind Wall Street Memes is most known for putting a short squeeze on GameStop stocks back in 2021. By causing massive losses for big-time investors, these traders highlighted the disadvantages of the stock market for small online traders. After their success, they created Wall Street Memes as part of their mission to disrupt Wall Street and give small online traders fair access to investment opportunities.
As an investment community made for the everyday trader, Wall Street Memes’ marketing hinges on relevant comedic tactics. Using funny memes focused on world events and the financial industry, they’ve become a recognized online name for small investors. However, their break into cryptocurrency has also substantially fueled their growth.
The $WSM Token
The $WSM token lives on Ethereum and Binance Coin blockchains as a stablecoin and, with enough momentum, could have a high potential for returns. However, because the owners are unknown, the predictability of the tokens and what they may choose to do with them remains unknown.
Despite this, the Wall Street Memes community remains strong with avid supporters. It’s also an added perk that the $WSM token can give investors more than just the surface-level investment. It can also provide them with earned rewards as the token holds the option of staking.
Currently, the $WSM token is only available on decentralized exchanges, and investors looking to buy can invest via OKX. However, as a breakthrough coin of 2023 and a current market price of $0.02490, we recommend keeping an eye on this token. With high likability, a strong community, and motivated investors, its growth is inevitable.
WSM Casino: The Pros and Cons
To provide a complete Wall Street Memes Casino review, let’s look at the advantages and disadvantages of this casino.
Pros:
- Accepts any stablecoin
- $WSM token perks
- $WSM token integration
- Over 5,000 games, including slots and live casino
- Live and in-play sports betting opportunities
- Telegram integration
- Unique Wall-Street-Memes-inspired games and experiences
- User-friendly interface
Cons:
- Users using stablecoins other than $WSM Tokens get fewer benefits
- Not available in every region – US players require a VPN
Why WSM Casino Is Shaking up the Gamble Fi Industry
The small online investors in Wall Street Memes broke into the financial industry with quite a roar thanks to their GameStop stock takeover in 2021. Now, with the launch of the new casino, WSM Casino, they’re doing the same thing in the GambleFi industry.
Are you new to the GambleFi industry? It’s a form of cryptocurrency gambling that leans on performing traditional lending without needing a conventional bank. As the general online gambling industry anticipates earning upwards of $800 billion in revenue by 2026, hopes are high for what this new form of online gambling can offer.
The GambleFi industry is still in its early stages, so new casinos can bring innovative development to the table.
By using blockchain technology, WSM Casino amplifies security, and security is often a priority of cryptocurrency investors. However, the WSM Casino Telegram integration also elevates user experience, which we’ll discuss later.
Another way WSM Casino is shaking up the GambleFi industry is with its robust vault of games. It currently offers over 5,000 online casino games like slots and live dealer games, plus exclusive games for Wall Street Meme coin holders. All in all, WSM Casino brings the same disruptive comedic flair and accessibility to online gambling that the small online investors brought to meme investing when they first came on the scene.
Should You Try WSM Casino?
If you like to gamble at online casinos or want to try, WSM Casino promises a lot of fun. With various games and activities to play, you can get a taste of online gambling with the security of using cryptocurrency.
While the push is there for users to invest in $WSM tokens to play the games at WSM Casino, it’s not a requirement. Anyone with a stablecoin can play at WSM Casino.
However, if you have or buy the $WSM tokens, you can unlock more perks. The design of many of the games and experiences in the WSM Casino bolsters the experience of the diamond hand community (aka those who have invested in the token.)
Regardless, no matter what stable blockchain cryptocurrency players use, the WSM Casino gives investors a new way to use their crypto. Instead of simply trading and investing, you can play with your crypto, too.
Because of the volatility of the Wall Street Memes coin, there’s an added dangerous excitement that comes with playing on their site. If you don’t feel comfortable with the risk of a cryptocurrency losing value, crypto gambling may not be for you.
Our Review of Wall Street Memes Casino Review
As a new Gamble Fi decentralized casino, the WSM Casino is impressive. With over 5,000 games, this casino ensures an enjoyable experience for the user. It offers many traditional gambling games, such as:
- Online Slots – When most people think of casino games, they think of the noise and excitement of pulling a slot machine. While you won’t be able to sit and play this slot machine physically, WSM Casino does offer interactive video slots that give you the same feeling! Plus, with incentives to win free spins, you can unlock more chances to win.
- Live Casino Games – One of the most enticing feelings of gambling is sitting at a dealer’s table. However, if you can’t get to one in person, WSM Casino offers a similar experience. With live casino games that give you the same “in-person” feeling, you can enjoy the real-deal experience all from the comfort of your home.
- Live-Sports Betting – Interested in getting more involved with the sports you love to watch? WSM Casino lets you attain your sports fix with live sports betting. From football to e-sports, WSM Casino gives players the chance to “get in the game” by providing the option to bet on the outcomes of games.
- Game Shows – Did you ever wish you could join in on the fun game shows you see on TV? WSM Casino’s interactive game shows allow you to do that! With games like Deal or No Deal and many others, you can experience the heart-pounding fun of winning big.
- Crash Games – Do you love pushing your luck? Crash games are here to give you all the thrill and excitement of fast-paced betting. In these games, you’ll try your luck against a multiplier and choose when to bow out before it all comes crashing down.
The casino accepts popular cryptocurrencies like Bitcoin and Ethereum, so it’s easy to get started. As a Telegram casino, Wall Street Memes Casino lets you play games in Telegram chats, so you don’t have to visit the website to play — you can play right in the chat while you talk to your friends.
This is only the beginning for WSM Casino. Sharing a roadmap for the casino, the founders shared their plan to roll out more unique games over time. With many games and bonuses available, Wall Street Memes Casino provides a unique experience to anyone looking to have some fun at an online casino.
Games You Can Play at WSM Casino
The biggest draw of the WSM Casino is for those invested in their $WSM token. However, from slots to live betting, others playing with stablecoins still have much to look forward to.
Slots
Want to have some fun with virtual slot machines? WSM Casino has many to choose from, including:
- Cash Strike
- Pearly Shores
- Star Kingdom
- Gold Chain
- Mutant Potatoes
- Bullet Bonanza
- Hot Harvest
- Twice as Nice
- Cashen’s Temple of Gold
- Disco Dive
- Panda Bills
- Salmon King
- Mr. Piggles
- Aztec Ancients
- Lollicat
- Gemstorn Guardians
- Super Sundae
- Heavy Anchor
- Sheep King
- Spirit Blast
- Blazing Touch
- Blarneys Gold
- Pharoah’s Gold II
- Book of RA
Live Dealer Games
For those who like the experience of sitting at a casino table, you’ll love WSM Casino’s Live Casino Games. Some of these include:
- XXXTreme Lightning Roulette
- Blackjack
- Lightning Dice
- Monopoly
- Funky Time
- Lightning BlackJack
- Craps
- Extra Chilli Epic Spins
- Lightning Roulette
- Dream Catcher
- Crazy Time
- Lightning Baccarat
- Deal or No Deal
- Football Studio
- Fan Tan
- Bac Bo
- Super Andar Bahar
- Teen Patti
Sports Betting
If you’re interested in betting on those on the field or the court, WSM Casino provides you with over 1,000 different opportunities for live sports betting. This includes betting on games like football, tennis, and much more!
What Else Can You Expect From WSM Casino?
With an overwhelming amount of games, WSM Casino offers other significant advantages for its users. This includes benefits on their investments and different integrations that increase user experience. To provide a full Wall Street Memes casino review, let’s take a look at what some of those are:
Telegram Integration
If you’ve tried your fair share of GambleFi Casinos, you’ll know that most casinos are strictly on a website. Casinos like Lucky Block Casino, however, have expanded to let players use Telegram and WalletConnect to log in and connect their crypto wallets; WSM Casino focuses on the Telegram app.
Telegram is popular in the online community as a trusted and secure space for online chats. With the WSM Casino integration, Telegram users can now play WSM Casino’s games without ever having to sign onto the website. You can chat with friends while making a bet or spinning a slot.
$WSM Perks and Bonuses
Wall Street Memes Casino gives you a place to spend the increasingly popular WSM token. For first-time $WSM deposits, you can receive a signup bonus of 200%, up to $25,000.
That’s not all the diamond hand community can expect, however. As champions of the everyday investor, the creators of Wall Street Memes have packed in some backend investment perks for their holders.
Banking Options at WSM Casino
The WSM Casino currently accepts all cryptocurrency that comes from a stable blockchain. This includes Bitcoin (BTC), Ethereum (ETH), and Dogecoin. It’s important to note, however, that holders of the $WSM Tokens get access to exclusive games, bonuses, and perks.
Diamond Hands Loyalty Program
Wall Street Memes has a strong community of investors called the diamond hand community. This community, which has a dedicated Discord server, not only orchestrated the GameStop stock takeover but also helped the $WSM coin become one of the breakthrough coins of 2023.
It’s with this in mind that the creators of Wall Street Memes have prioritized the care of their community with the new WSM Casino. The Diamond Hands Loyalty Program benefits those who invested in the $WSM Tokens, and these members profit the most from the casino. $WSM Token investors enjoy a high-tier experience at the casino compared to those using other stablecoins.
One perk includes enjoying 200 free spins when you purchase and deposit a minimum of $30 in $WSM tokens. You can use these free spins on the most popular slot games!
The creators of Wall Street Memes also recently announced that with the casino launch, they plan to use 10% of the revenue it generates to buy back $WSM coins to keep investments into the coin high. $WSM holders in the casino can expect to win the tokens as casino rewards. Depending on the anonymous creators of the $WSM tokens, they may add the tokens to a staking pool or burn them.
Staking Coins
If you’re now getting into cryptocurrency (perhaps because of the fun familiarity of Wall Street Memes), you may not be aware of terms like staking or burning. Let’s review these crypto terms.
Staking your cryptocurrency is when you use your crypto to help support a blockchain network like Ethereum. To stake your crypto, you must hold a cryptocurrency that utilizes a proof-of-stake model. This includes cryptocurrencies such as Ethereum, Cardano, and Polkadot.
By staking your crypto, you pledge your coins to a cryptocurrency protocol that chooses investors (called validators) to validate other cryptocurrency transactions on the blockchain. Not all who choose to stake their coins get to become validators, however.
You’ll find that only investors with many pledged coins become validators. This is why, in the spirit of supporting the everyday investor, Wall Street Memes provides the perk of adding the tokens to a staking pool for its diamond hand community. By having a staking pool, investors now have a higher amount of staked coins and are more likely to become validators.
When coins are staked, investors earn rewards such as interest on their holdings. Current $WSM investors, for example, have already seen 26.6% of the $WSM supply staked. This makes staking coins an attractive passive investment for investors.
Additionally, staking coins bolsters the trust other investors have in the blockchain. This subsequently strengthens investments for every holder of Wall Street Memes coins.
Burning Coins
If “staking coins” is new to you, “burning” them might be too. However, in the cryptocurrency industry, burning is a fairly common activity.
Burning coins refers to permanently removing a coin or token from circulation on the blockchain. To do this, the crypto holder will send the crypto to a crypto wallet under a burn address (an address that no one can access or touch.) While it’s usually the creators of a cryptocurrency that does this, investors can also do this.
But why would anyone want to burn their crypto? Burning crypto increases the rareness of the coin. By having less of a particular coin on the market, supply goes down. As it becomes less accessible, demand goes up, which increases its value.
For the $WSM token, the notion that its inventors would burn their tokens is essential. Particularly because inventors have previously shared that only $2 billion of the coins will ever exist. With a cap already on their coins, burning the ones currently in circulation increases the profitability of the ones still on the market.
How To Start Playing At WSM Casino
If you’re ready to join the WSM Casino, signing up so that you can start playing is relatively simple:
- The first thing you’ll need to do is head over to wallstmemes.com and scroll down to their WSM Casino banner. In the United States, you will require a VPN. Check out our guide on how to access WSM Casino with a VPN.
- Click on any button encouraging you to “sign up now” or “claim a 200% bonus”.
- Fill in your details as prompted.
- Start playing!
Another way to sign up includes going directly to the casino’s site (wsmcasino.com). If you experience issues signing up or receiving the welcome bonuses, contact customer support at support@wsmcasino.com.
What’s To Come For WSM Casino?
Breaking into the financial industry was a successful, albeit surprising, endeavor for the anonymous small online investors of Wall Street Memes. But according to their $WSM roadmap, they don’t plan on stopping.
In their 2023-2024 roadmap, they shared their hopes to launch the Wall Street Memes Casino along with the integrations, games, and buyback program that came with it. With such early success, they’ll likely accomplish their 2024 goals as well.
The creators of Wall Street Memes’ main objective is to amplify their already invested and motivated community. This includes establishing more high-roller communities and increasing awareness of their brand through marketing, collaborations, and even a WSM Casino affiliate program.
As for the casino itself, the goal is to add more custom games. With a growing number of innovative games that keep their players plugged in, WSM Casino shares the ambitions of the $WSM token and its creators, wanting to give big returns to small-time investors.
FAQ
How Do I Start Playing in the WSM Casino?
Are There Any Welcome Bonuses for WSM Casino?
What Types of Games Can I Play at the WSM Casino?
What Is the Diamond Hand Community?
What Is Wall Street Memes?
