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Home » Projects » Meme Index Raises $1.4 Million in Trending ICO, Could it Pump More?

Meme Index Raises $1.4 Million in Trending ICO, Could it Pump More?

Author: Felix Mollen

Last Updated Jan 1, 2025 @ 18:00
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The crypto market is down, but the opening of 2025 has favored some smaller meme coins.

Meme coin investment platform Meme Index ($MEMEX) enjoys a tailwind today, with its presale generating $200K in inflows throughout the past 24 hours.

Meme Index is the first decentralized meme coin index investing platform. It allows users to buy baskets of meme coins grouped by volatility.

Individual meme coins are also experiencing growth today. Kekius Maximus has soared 113%, while another called FOMO is up 52.8%.

Meme Index offers a unique advantage over these individuals’ meme coins, positioning itself as a meme coin infrastructure investment. Traders can capitalize on this via the Meme Index presale, which has raised $1.4 million so far.

The current $MEMEX price is $0.0148047, but this will rise throughout the ICO, with the next increase in under one day.

Seamless exposure to diversified meme coin baskets

Meme Index grants investors one-click exposure to diversified meme coin investment products.

There are four on offer to start with, ranging from low to ultra-high volatility.

Those focused on maximizing their returns will opt for the ultra-high volatility basket comprising micro-cap meme coins. Those seeking to protect their capital will choose the low-volatility index, which features the top ten meme coins with a market cap above $1 billion.

There’s something for everyone.

Users must hold $MEMEX to access the platform, aligning the platform’s popularity with token demand.

$MEMEX also provides governance rights and staking privileges.

All of this utility separates Meme Index from other meme coins, bolstering the presale growth.

Braced for the meme coin supercycle

Meme Index is positioned as a piece of meme coin infrastructure, housing all the top meme coins and even many obscure ones.

Therefore, demand to use the platform will grow alongside the growth of the broader meme coin industry.

And that’s good news because experts believe the next leg of the meme coin supercycle is approaching.

Kekius Maximus provided a 10x gain on Tuesday, while Pepe Unchained provided such in early December.

Meme coins remain in demand, but analyst ClayBro thinks the market will explode soon.

He says Meme Index “will take full advantage of the meme coin supercycle,” which he believes will resume in the coming weeks.

ClayBro boasts 134K YouTube subscribers, so his nod of approval is a big deal.

But the project has captivated small-time investors, too.

A big online following and strong security

Meme Index’s social notoriety is growing fast. Over 17,800 people now follow its X account, while another 1,800 have joined its Telegram.

Beyond its use case, the project’s commitment to security is helping attract investors.

It’s gone above and beyond with its security commitment, receiving two full audits. One is from Coinsult, and the other is from Solid Proof. Both said the project’s code is safe and bug-free.

In addition to a strong use case, Meme Index ticks boxes with community support and robust security. It’s off to a far better start than most new meme coins.

A 1,722% staking APY amidst the presale

The Meme Index staking mechanism is live amidst the presale and offering a 1,722% APY.

Participating in the presale is easy. Investors can visit the Meme Index website, connect their wallet, choose the amount of tokens they want to grab and the crypto they want to pay with.

Alternatively, prospective investors can download the Best Wallet app and secure $MEMEX via its Upcoming Tokens feature.

Visit Meme Index Presale

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About The Author

Felix Mollen
More posts by this author

Felix got into Bitcoin back in 2014, but his interest quickly expanded to everything blockchain-related. He's particularly excited about real-world applications of blockchain technology. Having worked as a professional content writer for three years before that, Felix transitioned to working on blockchain-centered projects and hasn't looked back ever since.

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