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Cryptocurrency News Articles
Meme Index (MEMEX) Presale Nears Completion as $3.7M Pours In, Experts Highlight 10x Potential
Feb 20, 2025 at 12:20 am
The $67.1 billion meme coin market has nearly halved in value since mid-January when it was valued at $115 billion as the broader crypto market
Meme Index (MEMEX) is thriving in its presale despite the broader crypto market downturn, with over $3.7 million raised so far. The project is building an upcoming decentralized meme coin index platform that will allow its users to make pooled investments.
The MEMEX token serves as a key to the platform, and its price is increasing over time. Investors are flocking to the presale to get in on the ground floor of the project. Meme Index will introduce a four-tiered system to help investors manage their risk and reward levels.
Investors will have a chance to invest in Titan (low-volatility coins), Moonshot (top contenders), Midcap (meme coins with explosive potential), and Frenzy (high-volatility tokens) indexes. Holding MEMEX will act as a key to the platform.
The project has allocated 20% of its total token supply to marketing, which has already helped it gather an impressive following of over 27,500 supporters across its X (Twitter) and Telegram channels.
Expert Highlights MEMEX’s 10x Potential and Massive Staking Rewards
Analyzing Meme Index tokenomics further reveals its developers set aside 25% of the total token supply for staking rewards. With its current staking APY of 609%, investors can more than 6x their token holdings long-term by locking their tokens in the staking pool.
However, the project follows a dynamic staking rewards model, meaning that yield will decrease as more MEMEX tokens are staked. The staking pool is rapidly growing, with over 164 million MEMEX already staked, leaving investors with limited time to take advantage of the massive staking APY.
Highlighting that the meme coin search volume is at an all-time high, ClayBro urges his followers to enter the MEMEX presale, as he anticipates an explosive launch for the token.
Pointing to the pro-crypto stance of President Trump’s administration that could see the first meme coin ETFs emerge, ClayBro believes the meme coin market will explode this year, and expects Meme Index to capitalize on that with 10x gains.
Currently, Meme Index costs $0.0162933 each, but that price isn’t here to stay. As the presale advances through stages, the per-token price increases, with the next stage scheduled to start tomorrow.
With 15% of its total token supply allocated to the presale, investors still have time to start accumulating MEMEX using ETH, BNB, USDT, or a traditional bank card with no minimum investment required.
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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