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It’s been a strong start of the year for meme coins, ahead of a potential supercycle. The meme coin market cap has risen by over 8% in the last 24 hours
Meme coins have had a strong start to the year, with the market cap of the leading tokens increasing by over 8% in the last 24 hours alone. This comes as the broader crypto market is regaining momentum following a slump in December.
Leading the way are tokens like Dogecoin and Brett, which are up 11% and 10% respectively. New meme coin Chillguy has pumped even higher, rising by 49% over the past day.
Meme coin initial coin offerings (ICOs) are also seeing increasing momentum, with the new project Meme Index (MEMEX) having now raised over $1.5 million in less than two weeks since its launch.
Meme Index aims to capitalize on the growth of the meme coin market by addressing one of its main problems: volatility. It will do this by creating the first decentralized meme index investing platform, where users can invest in meme coins passively and with less risk.
The platform will feature a set of curated indexes, each loaded with different meme tokens, spreading out risk and increasing the chances of catching the next big winner.
A Diversified Take on Meme Coins
The core concept of Meme Index is simple yet powerful: it allows investors to buy a single token — $MEMEX — to tap into various meme coin baskets.
Instead of researching and buying dozens of meme tokens individually, you only need to hold $MEMEX to gain exposure to any combination of Meme Index’s four main indexes:
It’s also worth noting that the platform allows the Meme Index community to even vote out underperformers and swap in new contenders.
For example, if a top token like $PEPE begins to slide, it can be replaced with a newer high-potential alternative like Pepe Unchained ($PEPU).
This way, $MEMEX holders can create a diversified meme portfolio that truly aligns with their risk tolerance.
The project has quickly attracted attention from both analysts and retail investors alike. For instance, popular YouTuber Jacob Crypto Bury has stated that Meme Index has the potential to be 2025’s next 10x meme coin.
Staking at 1,515% APY
Apart from its curated baskets of meme coins, Meme Index has also sparked investor excitement with a staking protocol that currently offers an annual percentage yield (APY) of 1,515%.
At the current APY rate, early buyers could theoretically double their holdings in just a few days. However, it’s important to note that this rate will decrease as more buyers stake their $MEMEX.
To put things in perspective, the staking APY was above 4,000% just days ago. This shows how quickly it can decrease when more investors enter the pool. Early buyers still have a limited window to lock in higher yields before the token goes live on major exchanges.
Less Than 1 Day Before the Price Increase
The clock is ticking for investors who want to buy $MEMEX at its current presale price of $0.0148639.
The next phase of the sale will go live in less than a day, increasing the token price and indicating renewed interest from buyers.
Considering how quickly the project’s presale reached the $1.5 million milestone, many expect it to cross the $2 million mark soon.
To participate, buyers can simply head over to Meme Index’s official presale page and connect their wallets to its interface. You can buy $MEMEX with ETH, USDT, BNB, or a card.
It’s also worth mentioning that the project has undergone audits from Coinsult and SolidProof to ensure the security of its smart contracts.
Interested buyers can follow Meme Index on X and join its Telegram group to keep up with the latest project updates.
Visit Meme Index Presale
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