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Cryptocurrency News Articles
Vantard Launches the First Memecoin Index Fund to Help Investors Capitalize on the Predicted $1 Trillion Market Cap
Oct 22, 2024 at 06:02 pm
As the meme coin supercycle heats up, Vantard is launching the first memecoin index fund to help investors capitalize on the predicted $1 trillion market cap.
As the meme coin supercycle heats up, several investment funds are being launched to help investors capitalize on the predicted $1 trillion market cap.
The meme coin supercycle is a term coined by Variant Fund founder Jesse Walden to describe the massive influx of retail investors into the crypto market in 2021. These investors are largely focused on meme coins, which are cryptocurrencies that are based on memes or other viral internet phenomena.
The meme coin supercycle has been driven by several factors, including the rising popularity of decentralized finance (DeFi), the launch of several new meme coins, and the bull market in cryptocurrencies. As a result of these factors, several meme coins have seen their prices increase by more than 1,000% this year.
Some traders believe that the meme coin supercycle is a momentum game, while older investors see it as the final cycle behavior with a blow-off top of speculative behavior. However, others, like Murad, believe that the meme coin supercycle is a clear signal that markets are maturing.
Is the memecoin supercycle a meme? Does it matter? What happens if Murad is directionally correct? And, most importantly, where does Vantard’s memecoin index fund fit in?
Following Murad’s keynote speech at Token2049, the FED’s bumper 50 basis point cut in September, and China’s constantly expanding stimulus package, meme coins are the zeitgeist. Nobody can ignore that meme coins’ YTD (year-to-date) performance has ruthlessly beaten every other crypto sector.
The stage has been set for the memecoin supercycle, and Vantard is launching the first meme coin index fund, bringing the hands-off indices approach to the frontier of risk assets.
The meme coin supercycle thesis
Murad brazenly forecasted the memecoin supercycle, expecting the sector to reach a $1 trillion market cap at the cycle peak next year—a giant leap from its current $58 billion market cap. Further abandonment of VC-backed tech alts and the more profound human need to feel connected will drive this explosive growth.
VC coins have performed notoriously badly this cycle, with all recent Binance listings down YTD. Markets are maturing, valuing altcoins—with inflated valuations, and all value capture occurring in private markets—more in line with equities. And the clinch: retail does not care about decentralized sequencers or data availability solutions. They want to make money.
Retail-facing consumer apps this year have followed the dollar trail. The closest thing crypto has to a breakout app this cycle outside of prediction markets (primarily driven by speculation) is Moonshot, an app that lets users buy and sell memes with Apple Pay.
The path back to low rates has always preceded speculative bubbles, and the current macroeconomic environment paired with price data points to Murad being very directionally correct.
Memecoins’ YTD performance
Price has always been the most important fundamental in crypto. Momentum leads the way in crypto, and the asset class trades reflexively. Parabolas occur most frequently in assets difficult to value, and this will be memecoin’s greatest strength heading forward. The numbers don’t lie, and new memecoins have been the clear winners of this cycle. WIF is up 1,644% YTD, and Popcat is up 16,218% YTD.
A more nuanced conversation is ongoing about the central flavor of this memecoin supercycle. Murad is betting everything on cults. Following his wallets being doxxed by ZachXBT, an interesting social contract has formed.
Murad will be forced into holding until the pico top, as well as traders like mememillions, who believes cats will dominate. Regardless of the more niche trends, there is an overwhelming confluence of smart money and seasoned investors focusing on memecoins—this is where Vantard comes in.
Vantard: Delivering the index experience
The largest critique of the meme coin supercycle for ordinary investors looking in is how difficult it is to pick winners. Pump.fun has already launched millions of tokens this cycle, and realistically, most investors cannot sit in front of their computers scanning Birdeye and Twitter all day for the next big cook. This is where Vantard comes in. Vantard makes it easy to ride the memecoin supercycle.
Vantard pioneers the Meme Index Fund (MIF). This periodically rebalanced portfolio unlocks all the upside with none of the mental overhead. VTARD holders will be able to trade in their tokens and redeem assets in the portfolio, ensuring they get all the juice out of the coming memecoin mania phase.
Indices revolutionized stock market investing and put ordinary investors on the fast track to building wealth with light-touch vehicles. Vantard brings this service to the frontiers of risk. And if Murad is directionally correct, this index is about to outperform every other index on the face of the earth.
The
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