Have you ever ever discovered your self scrolling by way of X (Twitter) or Reddit, making an attempt to identify the subsequent huge meme coin earlier than it takes off?
You’ll be able to ditch that strategy due to Meme Index (MEMEX).
This mission is reworking meme coin investing and has already raised practically $4 million in ICO funding.
However with simply 20 days left earlier than the ICO ends, might MEMEX be the subsequent crypto to blow up?
What’s Meme Index and How Does It Unlock Meme Coin Diversification?
So, what’s Meme Index?
As an alternative of stressing over which meme coin to select, Meme Index allows you to diversify throughout your complete sector with curated “baskets.”
Consider these baskets as ETFs for meme cash, however extra accessible and fully decentralized.
For instance, say you’ve bought $500 to take a position however can’t determine between DOGE, SHIB, or PEPE.
Meme Index has you coated – with 4 totally different indexes, you’ll be able to acquire publicity to a number of cash directly.
There’s the Titan Index for the larger cash, and the Moonshot Index for up-and-comers with potential.
The Midcap Index hits the candy spot of established however nonetheless rising cash.
And for the really risk-seeking traders, there’s the Frenzy Index – full of low-cap performs that would produce explosive returns.
MEMEX token holders get to vote on which cash can be added to every index.
Meaning the builders aren’t calling the photographs – a group of meme coin fanatics decides what’s sizzling and what’s not.
MEMEX Token Staking App and Analyst Backing Set Stage for Submit-Itemizing Progress
However Meme Index isn’t nearly index funds.
The mission additionally has a staking app that’s up and working – even whereas the ICO remains to be reside.
Proper now, it provides yields of 573% per 12 months, although they’ll lower as extra traders become involved.
Nonetheless, that hasn’t stopped traders from locking up 174 million MEMEX to date.
Meme Index’s ICO is crushing it, having already raised $3.9 million in funding.
With simply 20 days left earlier than MEMEX’s open market debut, FOMO is starting to kick in, and traders are dashing to safe tokens for $0.0166883 every.
All of the indicators of a mission gaining momentum are there – a rising Telegram presence and rankings on high websites like ICOBench.
Even widespread YouTubers are taking discover.
Crypto professional Borch Crypto took a deep dive into the mission final week and mentioned it might “explode” after itemizing.
Meme Index Continues to Thrive Regardless of Meme Coin Market Chaos
Meme cash basically are taking a beating proper now.
DOGE has dropped to $0.154, SHIB is sitting at $0.0000114, and SPX simply took a 23% hit since yesterday.
The sector’s total market cap has shrunk to $43 billion – a far cry from the place it was in December.
But, Meme Index continues to drag in traders.
This early demand is especially as a result of Meme Index provides one thing totally different from most different meme cash.
It’s not simply one other canine or cat-themed token seeking to pump after which dump – it has an precise use case.
Meme cash have all the time been unpredictable, however Meme Index’s index-based strategy brings order to the chaos.
As an alternative of guessing which coin will explode subsequent, traders can acquire publicity to a number of on the identical time.
For rookies, this might be extraordinarily useful.
Most rookies will undergo at the least one painful loss once they first dive into the meme coin house.
However with Meme Index, they soften the blow by spreading their bets throughout a number of meme cash.
It’s a fast and simple method to diversify.
With hundreds of thousands already raised in its ICO and an alternate itemizing on the horizon, Meme Index is likely to be one to keep watch over.
Go to Meme Index ICO
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