Invest In Meme Coins Through Indexes
The best way to invest in meme coins is often through diversification, given their high volatility. However, there are very few avenues for investors to find, allocate, and invest in the right meme coins in the right proportions.
The Meme Index presale offers its community the chance to choose their risk appetite and invest accordingly while gaining exposure to some of the best meme coins in the space.
What is the Meme Index?
Meme Index is among the most trending meme coins to be introduced to the market recently, thanks to its index use case. Essentially, the project aims to contribute to the growth of the meme coin category by establishing the first-ever meme coin index, where investors get to choose the type of meme coin basket they wish to stay invested in. Meme Index features four main offerings—all of which are meme coin indexes focused on providing various levels of risk and rewards.
The project has a staking element available too, where investors can park MEMEX, the native token of the project, for high APY. The staking rewards will be higher for presale buyers but can also be enjoyed by investors who stake the tokens after the token is officially launched later.
MEMEX will also serve as the governance token for the project, as only holders will be able to access the index and potentially make major decisions within the ecosystem. This could include anything ranging from submitting a change request to adding or removing new meme coins in any of the indexes.
Meme Index developers have added this to ensure that the project lives up to its promise of being completely decentralized. The MEMEX token has already been audited by SolidProof and Coinsult, two very reputable auditing firms known globally.
Choose Your meme coin Index
There are four meme coin indexes that the project has set up, each with a different category of projects included.
Meme Titan Index
This index focuses on tokens that have managed to already establish themselves in the meme coin space. The projects included here have achieved a level of market stability, with substantial market caps that showcase investor trust and widespread adoption. While these tokens are not immune to the fluctuations of the crypto market, they are generally viewed as less volatile compared to newer projects.
One may think of it as a large-cap mutual fund, but for cryptocurrencies. This index is ideal for investors who prefer a more measured entry into meme coins without diving into high-risk ventures.
Highlights of Meme Titan Index:
- Established tokens with significant market presence
- Lower volatility compared to smaller tokens
- Suitable for steady long-term growth
Meme Moonshot Index
This category can be looked at as a stepping stone for emerging meme coins potentially on the verge of greater recognition. Tokens included in this index typically have moderate market caps, indicating growing interest and potential for expansion.