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Cryptocurrency News Articles

Meme Index ($MEMEX) Nears $2M Raised at Presale, Targeting Meme Coin Supercycle

Jan 07, 2025 at 02:44 pm

Meme Index ($MEMEX), the world's first meme coin index investing platform, is swiftly approaching the $2 million raised mark at presale.

Meme Index ($MEMEX) Nears $2M Raised at Presale, Targeting Meme Coin Supercycle

Meme Index ($MEMEX), a first-of-its-kind meme coin index investing platform, is quickly approaching the $2 million raised mark at presale.

As more people become aware of Meme Index and the potential value its platform could offer, momentum is building.

Reaching the $2 million milestone will mark a significant achievement for the project and underscore investors’ interest in its use case. Market participants can buy $MEMEX at a presale price of $0.0149234, but this will rise as the campaign advances. According to its website, the next increase will occur later today.

Meme Index’s meme coin indices are a breakthrough in the crypto market. The meme coin sector is typically favored among newer retail users, who opt for light-hearted and less technically challenging investment opportunities.

However, the simplicity of creating meme coins has led to severe dilution in the sector. Research carried out by BDC Consulting found that between 40,000 and 50,000 meme coins are created daily. Indeed, most don’t last long – many don’t even make it past bonding on meme coin casinos like Pump.fun.

Nevertheless, CoinGecko shows price data for over 3,900 meme coins right now.

So, suppose you’re a wide-eyed crypto newbie. You're hungry to cash in on the investment category which appears to have printed more millionaires than any other in 2024. Where do you start?

Soon, the answer will be Meme Index. The platform offers diversified baskets of meme coins grouped by volatility. It’s a pain-free way to get exposure to the meme coin sector.

There are four baskets to choose from, ranging from low to ultra-high volatility. For those seeking maximal profits with little regard for risk, ultra-high volatility is the way to go. For investors who are a little more cautious in their approach, the low or mid-volatility baskets may present a better alternative.

Not only do these baskets make buying meme coins easy and fast, but they also offer a more secure alternative to picking individual meme coins. Diversification is the best way to spread risk, and Meme Index lets you get widespread diversification in a single transaction.

As Meme Index crafts a new model of memetic investing, the opportunity to capitalize on the next leg of the meme coin supercycle increases.

The meme coin market witnessed unprecedented success in 2024. It currently sits at a market cap of $128 billion. However, with the crypto bull market expected to reach new heights in 2025, the outlook for meme coins is becoming even stronger.

Meme Index is strategically positioned to grow alongside the sector, as highlighted by Austin Hilton in a recent YouTube video. Hilton is a prominent analyst who predicted the rise of Pepe Unchained in late 2024, which subsequently led to 10x gains.

The $MEMEX token is at the heart of Meme Index’s operation. Users must have it to access the platform. It also grants them voting rights in the project’s decentralized autonomous organization (DAO) and staking privileges.

The Meme Index staking mechanism is live amidst the presale and currently offering a huge 1,228% APY. This will decrease as the staking pool grows, so those seeking to maximize their returns should act now.

Investors can participate in the Meme Index presale by visiting the project’s website, connecting their wallets, choosing the amount of $MEMEX they want to buy, and the crypto they want to pay with.

The presale accepts payments in ETH, USDT, BNB, and bank card.

Prospective buyers can also join the presale via the Best Wallet app. Best Wallet users can stake their tokens and track key project updates from the app.

As the meme coin sector nears its next bull market rally, there’s no better time to get involved with Meme Index, the platform that makes buying “joke” tokens easier and safer.

The project has been audited by security firms Coinsult and Solid Proof, who found no issues with its code.

Follow Meme Index on X or join its Telegram for the latest updates.

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.

News source:bravenewcoin.com

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