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Cryptocurrency News Articles
Meme Index (MEMEX) Offers Four Themed Baskets of Meme Coins With Varying Risk and Volatility Levels
Jan 06, 2025 at 12:20 pm
The Meme Titan Index is filled with popular meme coins. They feature well-known names like Pepe, Shiba Inu, Dogecoin, and many cryptocurrencies in the top 10 with a market cap above $1 billion.
Meme Index (MEMEX) offers four baskets, each providing a range of meme coins based on their risks and volatility levels. The Meme Titan Index is filled with popular meme coins.
They feature well-known names like Pepe, Shiba Inu, Dogecoin, and many cryptocurrencies in the top 10 with a market cap above $1 billion. These meme coins have relatively low volatility and do not experience wild price increases or decreases like many other meme coins.
There is also the Meme Moonshot Index, which is filled with meme coins that are ready to challenge the top 10. These meme coins have already been listed on centralized exchanges, or there are rumors that they will be listed soon.
Many meme coins in this category also have established communities and large followings, but they are not likely to have broken past the $1 billion market cap yet.
The Meme Midcap Index basket contains meme tokens that have higher volatility. This is the level at which wild price spikes really begin. It contains cryptocurrencies with market capitalizations around $50 million to $250 million.
With their volatility, these meme coins can easily spike to the Moonshot Index level and the Titan Index level.
The Meme Frenzy Index is the last on this list. It is the riskiest of plays, containing high-risk, high-reward meme tokens. These tokens can rise very quickly and also dip rapidly. This could make users make a lot of money and also lose a lot in a short time.
Meme Index Growth Plan and Path
The project’s tokenomics is well-structured to support its growth and development. 25% of the total supply is dedicated to staking rewards, ensuring that those who acquire their tokens during the presale start earning their APY.
20% is allocated for marketing to ensure that the project continues to gain popularity and that people adopt its solutions. The marketing plans include various PR, digital media, digital out-of-home media such as billboards, social media, and more.
Another 20% of the total supply will be used for community rewards and various incentives, while the final 20% will be used for treasury and governance.
The project has already kicked off with its presale, which will occur in stages. The price of MEMEX will rise at different stages of the presale, and the token can also be staked for passive income, which adds to the presale holdings.
The plan is to launch the MEMEX token on exchanges. Following the presale, the platform governance will commence, allowing users to submit their votes on which tokens should be added to which baskets. After this, the index will go live, and post-presale staking will start.
Users Have the Power to Determine the Trajectory of the Platform
Holders of the MEMEX token also have the right to submit and vote on proposals related to the project. They can propose features that should be added and vote on which meme coins should be placed in which baskets—only the holders of the MEMEX tokens have these privileges.
The governance opportunity ensures that the project continues to reflect the community’s desires. It can also create an engaged community, forming a strong foundation for continuous project growth.
This makes it easier for Meme Index to continuously meet the needs of users, which is crucial for the ongoing usage and growth of the meme index platform.
How to Buy MEMEX Tokens in the Presale
To buy the token, you need to open a compatible wallet. Some of the acceptable wallets include MetaMask, Wallet Connect, Coinbase Wallet, and Best Wallet.
The platform suggests using MetaMask for desktops and Best Wallet for mobile devices. After this, you need to load your wallet with cryptocurrency; the acceptable options are ETH, BNB, and USDT.
Following this, you can swap any of these tokens for the MEMEX token. You can also choose to pay with your bank card. After securing your tokens, you can stake them immediately to start earning passive rewards.
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!
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