The $67.1 billion meme coin market has almost 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 purple pattern that plagues established tokens, Meme Index (MEMEX) is flourishing in its presale section with over $3.7 million raised.
The mission revolves round an upcoming decentralized meme coin index platform that may enable 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 initiatives, which raises the Meme Index per-token value 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 convey the diversification present in ETFs to traders through its upcoming decentralized funding platform by placing varied meme cash in a single “basket.” The mission intends to debut with 4 totally different baskets that embrace cash of low-to-high volatility.
Traders may have an opportunity to put money into Titan (low-volatility cash), Moonshot (prime 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 mission selections. The token’s builders have revealed that these holding MEMEX may have the chance to vote on including or eradicating meme cash from every basket, amongst different proposals.
Supply: Meme Index’s X
The mission has allotted 20% of its complete token provide to advertising, which has already helped it collect a formidable following of over 27,500 supporters throughout its X (Twitter) and Telegram channels.
Though extra 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 complete token provide that’s reserved for group rewards.
Knowledgeable Highlights MEMEX’s 10x Potential and Huge 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.
Nonetheless, the mission 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 make the most of the huge staking APY.
Meme coin skilled ClayBro believes Meme Index is making ready to affix the market on the good time, as he expects meme cash to rebound this yr 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 would see the primary meme coin ETFs emerge, ClayBro believes the meme coin market will explode this yr, and expects Meme Index to capitalize on that with 10x positive aspects.
Sturdy Safety and Early Momentum Pave the Manner for MEMEX’s Future Success – Right here’s Learn how to Purchase
At the moment, Meme Index prices $0.0162933 every, however that value isn’t right here to remain. Because the presale advances by phases, the per-token value will increase, with the following stage scheduled to begin tomorrow.
With 15% of its complete 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.
In addition to the presale web site, the token is accessible through Greatest Pockets’s “Upcoming Tokens” part, which makes it straightforward 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 is able to 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 mission had its good contract audited by Coinsult and SolidProof, which discovered no vital points in its code, confirming investor funds are secure.
Though the crypto market is as unstable as ever, MEMEX has a strong likelihood to blow up on launch with its revolutionary meme coin index platform and rising momentum.
