Have you ever ever discovered your self scrolling by way of X (Twitter) or Reddit, attempting to identify the following huge meme coin earlier than it takes off?
You may ditch that strategy due to Meme Index (MEMEX).
This venture is remodeling meme coin investing and has already raised practically $4 million in ICO funding.
However with simply 20 days left earlier than the ICO ends, may MEMEX be the following 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 choose, Meme Index enables you to diversify throughout your entire sector with curated “baskets.”
Consider these baskets as ETFs for meme cash, however extra accessible and fully decentralized.
For instance, say you’ve acquired $500 to take a position however can’t determine between DOGE, SHIB, or PEPE.
Meme Index has you coated – with 4 completely different indexes, you’ll be able to achieve publicity to a number of cash without delay.
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 – crammed with low-cap performs that would produce explosive returns.
MEMEX token holders get to vote on which cash will probably be added to every index.
Which means the builders aren’t calling the photographs – a group of meme coin fanatics decides what’s scorching and what’s not.
MEMEX Token Staking App and Analyst Backing Set Stage for Submit-Itemizing Development
However Meme Index isn’t nearly index funds.
The venture additionally has a staking app that’s up and operating – even whereas the ICO remains to be reside.
Proper now, it provides yields of 573% per 12 months, although they are going to lower as extra traders get entangled.
Nonetheless, that hasn’t stopped traders from locking up 174 million MEMEX up to now.
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 speeding to safe tokens for $0.0166883 every.
All of the indicators of a venture gaining momentum are there – a rising Telegram presence and rankings on high websites like ICOBench.
Even common YouTubers are taking discover.
Crypto skilled Borch Crypto took a deep dive into the venture final week and mentioned it may “explode” after itemizing.
Meme Index Continues to Thrive Regardless of Meme Coin Market Chaos
Meme cash generally 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 whole 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 completely 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 at all times 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 achieve publicity to a number of on the identical time.
For inexperienced persons, this may very well be extraordinarily useful.
Most inexperienced persons will undergo at the least one painful loss after 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 straightforward technique to diversify.
With hundreds of thousands already raised in its ICO and an change itemizing on the horizon, Meme Index may be one to regulate.
Go to Meme Index ICO
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