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Cryptocurrency News Articles
Vantard, the viral meme coin tracker, has raised $1.3m and is set to capitalize on the upcoming meme coin supercycle, offering investors easy access to top tokens.
Nov 11, 2024 at 03:07 pm
Experts are going mad for viral memecoin tracker Vantard, which has already raised $1.3m in its opening few days.
Viral meme coin tracker Vantard has already raised $1.3m in its opening few days, leaving experts predicting parabolic potential due to the forthcoming meme coin supercycle.
Just look at the performance of similar tokens like SPX6900, a memecoin up by 10,000% year-to-date. Vantard is arguably the best way to equip yourself for the memecoin supercycle – the VTARD treasury is buying up a portfolio of the market’s best memecoins, giving you easy, index-style access to all the top tokens, just in time for their prices to explode.
The price of Vantard will ultimately be determined by two factors: its NAV (Net Asset Value), the value of the tokens in its portfolio, and its meme premium. And Vantard supercharges its memetic value as the first managed memecoin-focused portfolio in crypto.
There are a couple of examples to help us understand both of these factors. First, the NAV: Vantard’s tracker will comprise the market’s top meme coins, whose performance this cycle speaks for itself. POPCAT is up 18,000% YTD, while SPX6900 is up by a mind-bending 68,000% since February.
With the meme market worth nearly $70 billion overall, it’s clear that Vantard’s NAV could end up being astronomical, but its meme premium could make it worth a whole lot more. Recently, AI-powered meme index ai16z hit a market cap of $1 million before running to $90 million, comprising around $100k of NAV and a $89 million premium. This is crypto and the memecoin arena.
The premium owes to the memetic value of ai16z: what people are willing to pay over the NAV. The memetic value of ai16z comes from the hilarious nature of it being an AI-managed index, but there’s a closer analogy to forecast the meme premium of VTARD: SPX6900.
This anti-TradFi memecoin has risen to new all-time highs at a market cap of over $850 million, and Vantard shares a similar outlook: it lampoons the TradFi institution, Vanguard, and makes a mockery of the whole legacy financial system. If executed well, Vantard’s VTARD could easily pull off a similar move and could gain a huge meme premium as a result.
The value of the memecoins in Vantard’s portfolio, as well as its own memetic value, could be set to skyrocket due to the memecoin supercycle theory.
The theory could take the meme market from its current $70 billion market cap to an insane $1 trillion at cycle top – so, what’s it all about? The supercycle idea states that memecoins have become the dominant asset class within crypto this cycle and are poised to rise to unbelievable new heights as a result.
The first part of the theory is all but confirmed. Memes were the “most profitable crypto narrative” in Q1 of this year, and year-to-date returns, as we’ve seen, have been explosive. Aside from the examples already mentioned, top-tier memes like WIF and MOG have charted over 1,000% and 4,200% respectively.
And this trend is set to ramp up. As the dominant risk-on assets, memes are likely to suck up any new capital entering the market, and capital is coming. Interest rates are falling, and China is now planning a $1.4 trillion stimulus package. As liquidity gets looser, money will start flowing, and memes are its likely destination.
So, the supercycle looks real – and Vantard is the easiest way to make the most of it. Memes are about to fly, and VTARD lets you access all of the best memecoins in one easy investment, just like an index fund in TradFi. Plus, as a memecoin in its own right, Vantard could see a meme premium take its value to the levels of tokens like ai16z or SPX6900, and with $1.3m raised already, it’s well on its way.
Don’t miss out on the opportunity to get in early on the memecoin supercycle: the presale offers VTARD tokens at a discount for a limited time only.
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