Meme Index Raises $3.4M in Viral ICO – Next Meme Coin to Pump?

3 hours ago 9

Meme Index’s has raised more than $3.4 million in its ongoing crypto presale as investors flock to this new approach to investing.

Meme Index brings the concept of index investing, which is widely used in the stock market, to the meme coin market. Investors who hold Meme Index’s ($MEMEX) can seamlessly distribute their money across a basket of meme coins, reducing their overall risk and increasing their chances of picking a winner.

The result is a platform that makes it easier than ever before for new and experienced investors alike to add the latest and most explosive meme coins to their portfolio.

Only investors who hold $MEMEX have access to Meme Index’s meme coin funds, so it’s no surprise that the token presale has been gaining momentum quickly. Right now, early investors can join the Meme Index ICO at a price of $0.0159713.

Pump.fun Launches 48,000 Meme Coins Daily – How Can Meme Index Help Investors?

Finding a single gem in today’s meme coin market is harder than ever. So many people and bots are on the hunt, so hot coins often get discovered and pumped before average investors can find them.

At the same time, new meme coins are being created at a furious rate. According to Dune Analytics, Solana meme coin launchpad Pump.fun produced 48,771 new meme coins in the past 24 hours alone. There’s no way for investors to sift through all of these and carefully choose which ones will be the next tokens to pump.

However, some Pump.fun tokens are generating big profits. Recently launched tokens like American Cat ($ACAT), Kanye West ($YE), and Deep Fake ($DF) exploded thousands of percentage points within their first 24 hours on the market.

For investors, that means there’s real opportunity to get into a wide range of these tokens. The more meme coin investors diversify, the greater the chance they pick a moonshot winner. A single token that explodes can offset dozens of picks that turn out to be worthless and generate a hefty profit.

However, keeping up with 48,000+ newly launched meme coins every day—not to mention managing a portfolio of thousands of tokens—is a herculean task.

That’s where Meme Index can help. It enables investors to simply get into a meme coin index and instantly get exposure to thousands of potential winners. Meme Index handles all the back-end management so investors can focus on the big picture and start racking up gains.

Meme Index Offers 4 Indices to Cater to Every Type of Meme Coin Investor

Meme Index isn’t just for chasing newly launched meme coins—it also helps investors build a portfolio of blue-chip tokens like $DOGE, $PEPE, and $SHIB that have plenty of growth left in them.

In fact, Meme Index is launching 4 portfolios to cater to meme coin investors with a wide range of goals.

The Meme Titan Index is for the conservative investor who wants exposure to the meme coin market without all the volatility of micro-cap tokens. It invests in top 10 meme coins like $DOGE, $PEPE, and other tokens valued at over $1 billion. While coins in this index aren’t expected to rocket higher, they still offer high growth potential.

The Moonshot Index adds a little more risk in exchange for greater upside potential. It targets meme coins with market caps from $250 million to $1 billion—tokens like $AI16Z, $SPX6900, and others. These coins are more volatile, but they also have a chance to pump.

The Midcap Index focuses on meme coins that have an established fan base, but are still relatively small. They have market caps ranging from $50 million to $250 million, meaning a major pump is possible if they catch an exchange listing or go viral.

Finally, the Meme Frenzy Index targets newly launched meme coins with the potential to be the next life-changing gem. Tokens in this index are aiming to be the next $PEPE—and while many of them won’t make it, a few winners could deliver outsized gains that transform the portfolio. This index is for high-risk, high-reward meme coin investing.

The selection of indices also makes it easy for investors to perfectly customize their portfolio and risk management strategies. For example, investors can get into the Meme Titan Index and Meme Frenzy Index in equal portions, or allocate more money to the Meme Titan Index and Moonshot Index to limit risk.

Even better, $MEMEX token holders get a direct say in what tokens go in each of these indices. It’s a collaborative process that keeps the community engaged and ensures the indices reflect the tokens that $MEMEX investors are excited about.

Analysts Back $MEMEX as Next Explosive Crypto

Meme Index’s innovative platform and $3.4 million ICO raise haven’t gone unnoticed. The project has drawn praise from several crypto analysts and market watchers—many of whom think this could be a game-changer for the meme coin sector.

In fact, NASS Crypto hailed the $MEMEX token in a recent video and told his more than 1 million YouTube subscribers to ‘go and buy as much as you can’ before the price goes up.

That endorsement has led to a surge in buying activity, so investors have to hurry if they want to lock in $MEMEX tokens before the presale price increases.

The Meme Index presale accepts USDT, ETH, BNB, and credit and debit cards. Investors can connect any Web3 wallet (e.g. Best Wallet) to make a purchase.

Meme Index has been audited by third-party blockchain firms Coinsult and SolidProof, ensuring that the project’s smart contract is secure.

In addition to getting a discounted price, early investors can also benefit from generous staking rewards. Meme Index is currently offering 666% APY for $MEMEX token holders.

Investors can join the Meme Index community on Telegram and X to keep up to date with the latest presale developments.

Visit Meme Index

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

The post Meme Index Raises $3.4M in Viral ICO – Next Meme Coin to Pump? appeared first on CryptoPotato.

Read Entire Article