Meme Index ($MEMEX) is preparing to launch the first-ever decentralized meme coin index. It offers four different baskets of meme coin assets with varying risk appetite.
Investors have a short window to grab $MEMEX tokens at discounted, fixed prices in the ongoing presale before they hit exchanges.
What is Meme Index (MEMEX)?
Meme coins are all the rage in the crypto market now. Many find it outrageous that these silly coins with no utility or purpose have a massive market cap above $130 billion.
Haters may hate, but that’s not slowing down meme coins. They’re more popular than ever.
New contenders make headlines every other week and strong players like Pepe, Bonk, Dogwifhat, Popcat, and Brett continue to hold on despite the growing competition.
While established tokens have more credibility and community support, they saturate after some time. New meme coins, on the other hand, have more width for expansion due to their lower initial market cap.
The meme coin niche is too volatile and complicated for new traders. This is where Meme Index steps in. It gives users exposure to meme coin opportunities at varying risk-reward ratios.
How Does it Work?
Meme Index offers four unique indexes: Titan, Moonshot, MidCap, and Frenzy.
They come with different levels of volatility and allow users to choose between safer and higher-risk options.
- Titan holds well-established meme coins like DOGE and SHIB
- Moonshot and MidCap include mid-tier tokens with a higher potential for growth.
- Frenzy offers higher-risk, higher-reward exotic tokens.
The system caters to investors with different risk tolerances. It gives them the flexibility to choose a style that aligns with their investment strategy. $MEMEX holders have exclusive access to these baskets. In addition, they get governance and staking privileges.
Meme Index is beginner-friendly. For a person who is dipping their toes into meme coins, the volatile niche is dizzying. The high volatility makes them incredibly slippery.
Picking individual coins based on their risk and reward potential requires time and expertise. That explains why it is easy to make heavy losses from meme coins.
At the same time, strategic investors make money out of the market with careful moves. The profitability depends on their expertise to a great extent.
Meme Index democratizes the market for all. It strikes a balance between risk management and potential gains. Dynamic baskets ensure hot meme coins are always in play.
A Community-centric Project
Meme Index is designed as a community-first project. The ethos is reflected in multiple aspects.
For example, $MEMEX token holders can submit and vote on proposals related to the project. They can also collectively decide which coins should be added or removed from a particular index.
Meme Index has launched a staking mechanism for $MEMEX holders. It will be available during and after the presale. Investors just need to click the ‘Buy and Stake’ button on the website to start earning passive rewards.
The APY is dynamic and goes down as more investors join the presale. The value of the rewards, on the other hand, depends on the project’s growth.
At the time of writing, the staking APY on Meme Index stood above 10,000%.
The project has set aside 25% of the token supply to be distributed as passive rewards to $MEMEX holders. 20% goes to community rewards and incentives. The allocation will play a key role in promoting brand awareness through community initiatives.
Treasury and governance get a 20% allocation. Another 20% goes to marketing, and the remaining 15% is set aside for the ongoing presale.
The $MEMEX Presale Window is Now Open
The $MEMEX token presale is live now. It is divided into multiple stages, with a gradual price increase. After the presale sell-out, investors can claim their purchased tokens, along with the staking rewards.
To join the presale, participants should have a compatible crypto wallet ready. The presale supports Metamask, Best Wallet, Coinbase Wallet, and Wallet Connect.
The next step is to connect the wallet to the presale page. Now follow the on-screen instructions and complete the purchase, after authorizing the transaction.
Meme Index supports presale purchases in ETH, USDT, and BNB. Investors who are new to crypto or don’t have enough crypto deposits can buy the token using fiat cards. To earn passive income on the presale purchase, don’t forget to stake the tokens right away.
Buy Meme Index For the Presale Price
Join Meme Index on X (Twitter) and Telegram for the latest presale and project updates.