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Cryptocurrency News Articles
Meme Coins Are Back in Action, with New Index Project $MEMEX Aiming to Capture the Market
Mar 19, 2025 at 01:35 am
The meme sector of cryptocurrency is springing back into action, with frog-themed $PEPE and politically-inspired $TRUMP posting notable gains
Life is slowly flooding back into the meme sector of cryptocurrency, with frog-themed $PEPE and politically-inspired $TRUMP both posting notable gains in the week leading to March 18, 2025.
As the first meme coin index project also begins to build momentum, could Meme Index ($MEMEX) be the next coin to explode? The project has quietly raised $4 million during the presale stage and is generating bullish predictions ahead of its April launch.
But first, a look at some of the biggest meme coin moves of the past seven days.
$PEPE Bounces Back After 75% Decline
$PEPE, the massively popular frog-themed token, has finally shown signs of life after a brutal first quarter.
After touching $0.00002803 during December 2024’s peak, the amphibian asset surrendered three-quarters of its value in the subsequent market correction. However, last week’s unexpected 16% recovery has sparked optimism among holders.
Technical analyst Ali Martinez has spotted a potential reversal pattern forming in the price structure.
This analysis identifies $0.0000075 as the crucial threshold that could trigger acceleration if breached.
With current prices at $0.000007003, the token sits on the edge of this significant technical level.
$TRUMP Generates Attention Amid Scrutiny
The digital asset bearing the former President’s name has been generating attention since its January 2025 debut.
After an explosive journey from $7 to $75, the token has settled around $10.9, notching up a modest 5% increase over the past week.
Trading activity remains strong, with approximately $600 million in daily exchanges. However, the token has also come under close scrutiny.
Reports suggest that Trump-affiligated entities have collected around $100 million in transaction fees within two weeks of launch, while everyday participants collectively lost approximately $2 billion.
These circumstances have raised legitimate questions about potential conflicts of interest, especially considering the current administration will be shaping policies that affect the very market in part they are actively participating in.
Could $MEMEX Be The Next Meme Coin To Explode?
As individual meme-focused assets display extreme price swings, a groundbreaking solution is emerging to engage with this asset class in a more balanced manner.
Unlike conventional strategies which require investors to personally select individual tokens, Meme Index curates distinct collections categorized by risk profile and market capitalization, similar to how traditional financial sector index funds operate.
This offers various levels of exposure, ranging from low-volatility collections featuring well-established, larger-capitalization meme assets, to aggressive groupings focused on emerging tokens with higher growth potential.
The system is powered by the governing $MEMEX token, which unlocks access to these specialized portfolios and grants voting rights over their composition.
This democratic approach empowers community members to decide which assets should be included or excluded from each collection.
Despite the challenging market environment, Meme Index has managed to attract $4 million from early backers. The platform is also allocating a huge 25% of its token to an outstanding participation program, currently offering annualized returns of 560%.
Early supporters can buy tokens from $0.0166883, but this entry price increases as the project advances through its funding stages.
This diversified approach could herald a new era in how investors interact with the volatile realm of digital assets. It offers an opportunity to tap into the sector’s growth potential while mitigating the risks associated with going "all in" on individual tokens.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Circle Payments Network Connects Financial Institutions to Enable Faster, Lower-Cost, and More Transparent Cross-Border Payments Using USDC, EURC, and Other Regulated Payment Stablecoins
- Apr 22, 2025 at 07:20 am
- Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced Circle Payments Network (CPN) to connect financial institutions – banks, neo-banks, payment service providers
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