The $67.1 billion meme coin market has practically halved in worth since mid-January when it was valued at $115 billion because the broader crypto market took a downturn over the previous 30 days. Regardless of the crimson pattern that plagues established tokens, Meme Index (MEMEX) is prospering in its presale section with over $3.7 million raised.
The venture revolves round an upcoming decentralized meme coin index platform that may permit its customers to make pooled investments, simplifying entry into the quickly altering meme coin marketplace for new and skilled traders.
As MEMEX’s builders work on constructing the world’s first decentralized meme coin index, extra investments are pouring into the tasks, which raises the Meme Index per-token worth over time, leaving traders with restricted time to enter the presale on the bottom flooring.
Meme Index Will Introduce a 4-Tiered System to Assist Traders Handle Their Danger and Reward Ranges
Meme Index intends to carry the diversification present in ETFs to traders by way of its upcoming decentralized funding platform by placing varied meme cash in a single “basket.” The venture intends to debut with 4 completely different baskets that embody cash of low-to-high volatility.
Traders could have an opportunity to put money into Titan (low-volatility cash), Moonshot (high contenders), Midcap (meme cash with explosive potential), and Frenzy (high-volatility tokens) indexes. Holding MEMEX will act as a key to the platform, making the presale a superb alternative to begin accumulating the token earlier than Meme Index goes dwell.
Moreover, MEMEX is a governance token, which means its holders will get to vote on key venture selections. The token’s builders have revealed that these holding MEMEX could have the chance to vote on including or eradicating meme cash from every basket, amongst different proposals.
Supply: Meme Index’s X
The venture has allotted 20% of its whole token provide to advertising and marketing, which has already helped it collect a powerful following of over 27,500 supporters throughout its X (Twitter) and Telegram channels.
Though further particulars are but to be revealed, the builders intend to incentivize the group to develop and promote the Meme Index model utilizing one other fifth of its whole token provide that’s reserved for group rewards.
Knowledgeable Highlights MEMEX’s 10x Potential and Large Staking Rewards
Analyzing Meme Index tokenomics additional reveals its builders put aside 25% of the entire token provide for staking rewards. With its present staking APY of 609%, traders can greater than 6x their token holdings long-term by locking their tokens within the staking pool.
Nevertheless, the venture follows a dynamic staking rewards mannequin, which means that yield will lower as extra MEMEX tokens are staked. The staking pool is quickly rising, with over 164 million MEMEX already staked, leaving traders with restricted time to reap the benefits of the huge staking APY.
Meme coin skilled ClayBro believes Meme Index is making ready to hitch the market on the excellent time, as he expects meme cash to rebound this 12 months and considers MEMEX’s upcoming meme coin index platform a superb addition to the ecosystem.
Highlighting that the meme coin search quantity is at an all-time excessive, ClayBro urges his followers to enter the MEMEX presale, as he anticipates an explosive launch for the token.
Pointing to the pro-crypto stance of President Trump’s administration that might see the primary meme coin ETFs emerge, ClayBro believes the meme coin market will explode this 12 months, and expects Meme Index to capitalize on that with 10x beneficial properties.
Sturdy Safety and Early Momentum Pave the Method for MEMEX’s Future Success – Right here’s Methods to Purchase
Presently, Meme Index prices $0.0162933 every, however that worth isn’t right here to remain. Because the presale advances via phases, the per-token worth will increase, with the subsequent stage scheduled to begin tomorrow.
With 15% of its whole token provide allotted to the presale, traders nonetheless have time to begin accumulating MEMEX utilizing ETH, BNB, USDT, or a conventional financial institution card with no minimal funding required.
Moreover the presale web site, the token is offered by way of Greatest Pockets’s “Upcoming Tokens” part, which makes it simple to buy for the pockets’s 250,000+ month-to-month customers.
MEMEX intends to record on DEXs as soon as the presale wraps up, which can coincide with the token declare occasion and kickstart the primary official polls for MEMEX holders to vote in. The launch of its decentralized meme coin indexes is scheduled proper after.
Concerning investor safety, the venture had its sensible contract audited by Coinsult and SolidProof, which discovered no important points in its code, confirming investor funds are protected.
Though the crypto market is as risky as ever, MEMEX has a stable likelihood to blow up on launch with its revolutionary meme coin index platform and rising momentum.
