Meme Index ($MEMEX) Attracts Risk-Averse Investors With Governance Rights and 1,102% APY

The world's first meme coin index raised $2M in its first two weeks on presale as investors quickly realized its long-term prospects.

After a stellar 2022, meme coins are cooling off. But while 24-hour trading volume has dropped 52% since early December, it’s still a far cry from where it was a year ago.

Back then, meme coin 24-hour trading volume was around $1.75 billion. Today, it’s $11.55 billion – 560% higher.

In other words, the meme sector still offers some of the quickest riches in crypto – the trick is choosing the right project to put your money in.

But investing in pioneers like Dogecoin (DOGE) is no longer a foolproof strategy, especially considering how quickly relative newcomers like Stacks (SPX) and Artificial Liquid Intelligence (AI16Z) managed to outperform the oldies.

Meme Index (MEMEX) could be the solution to our woes. The world’s first meme coin index raised $2 million in its first two weeks on presale as investors quickly realized its long-term prospects.

From Wild West to Safe Haven: Why MEMEX Attracts Risk-Averse Investors

Up until now, ‘indexes’ was a Wall Street word. Something white collars bought with their hard-earned money in the hopes it would bring a 20% yearly return (not impressive for a crypto trader, right?). S&P 500, Nasdaq Composite, that kind of stuff.

But indexes have one massive advantage over other investments – low risk. Diversification means each asset has a lower impact on your overall portfolio, so gains in other assets offset losses in others.

On top of that, you don’t have to research each stock and track its performance. Just buy a basket, sit back, relax, and watch your investment flourish (with a few exceptions).

Meme Index brings this approach to meme coin trading. It introduces four indexes catered to different risk tolerance levels:

Each index is dynamic. The meme coin ranking can change in the bat of an eye, so baskets are regularly updated according to market trends.

Essentially, Meme Index is a safe-haven investment for the degen community. The combination of high potential upside and relatively low risk could even attract institutional investors who previously dismissed the meme coin market as a playground for speculators.

Governance Rights and 1,102% APY for MEMEX Holders

This innovative approach to meme coin investments quickly drew attention to Meme Index. Holders of its native token, MEMEX, gain governance rights and can vote on which tokens are included in the four indexes.

Besides, MEMEX now offers a 1,102% staking APY, so early adopers can passively grow their portfolio.

The MEMEX presale kicked off two weeks ago and already surpassed the $2 million milestone. One MEMEX now costs $0.015043, but the price will increase in 23 hours, which means there will be no better time to join the project than now.

After all MEMEX allocated to the presale sells out, the token will launch on major exchanges. However, there’s no reason to cash out your investment early as HODLing MEMEX could bring greater returns in the long term.

A Safer Path to Meme Coin Profits

Meme Index could benefit the entire meme coin sector because investors wary of extreme volatility could gain safer exposure.

To join the presale and buy MEMEX, visit the official Meme Index website, connect your wallet, and exchange ETH, BNB, or USDT for your tokens.

We remind you that even low-volatility assets carry a certain degree of risk. There’s no guarantee that MEMEX will bring you the return you expect, so always DYOR and only invest as much as you can afford to lose.