Meme index presale races to $2.4M for first decentralized meme coin index

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme Index raises $2M in presale, offering investors ETF-style exposure to multiple meme coins with a single token. Table of Contents Changing meme coin investing with “baskets” MEMEX: The power behind the meme index ecosystem Meme Index (MEMEX), a new token transforming the way investors approach meme coins, has raised an impressive $2 million during its token presale. MEMEX introduces a series of meme coin indices, which function like ETFs but are specifically tailored for meme coins, offering token holders exposure to dozens of meme coins with a single trade. Currently priced at $0.0152852, MEMEX tokens are quickly gaining traction. Prices are expected to rise in the next presale round, which starts soon. You might also like: Donald Trump: First Sitting U.S. President to HODL meme coins Changing meme coin investing with “baskets” Investing in meme coins often comes with high risks and high rewards, leaving many traders exposed to sudden collapses. Meme Index aims to mitigate this risk through its unique “basket” system. By spreading investments across multiple meme coins in a basket, Meme Index ensures that even if one coin falters — whether due to a fading trend or internal issues — the others in the basket can cushion the impact. Think of these baskets as mutual funds for meme coins, offering diversification and stability in an otherwise speculative market. This is the first on-chain platform to provide meme coin indexes, pushing the industry from its unpredictable origins into a more structured and respected financial asset class. With strong demand driving its presale past $2 million, Meme Index is already catching the eye of analysts. Crypto influencer Jacob Bury, for example, has predicted potential 10x gains for the project. Meme Index sets itself apart with a unique approach to categorizing baskets by volatility. Investors can choose from four options, ranging from low-volatility baskets of top meme coins with $1 billion+ market caps to ultra-high volatility baskets of microcaps. Whether someone is a high-risk enthusiast or a conservative long-term planner, Meme Index offers a tailored solution to suit every investment style. MEMEX: The power behind the meme index ecosystem The MEMEX token is the cornerstone of the Meme Index platform, granting access to its features and driving the ecosystem forward. Notably, only MEMEX token holders gain access to these indices, adding immediate value to the token itself. As the platform grows, so will demand for MEMEX, potentially boosting its value. In addition to access, Meme Index implements a community-driven approach, allowing token holders to vote on which meme coins are included in each index, ensuring that the selections reflect the latest market trends. Staking is also live during the presale, offering a staggering 931% APY— though this rate will decrease as the project matures. With its unique blend of diversification, accessibility, and security, Meme Index is positioning itself as a key player in the upcoming 2025 meme coin bull market. Audits by Coinsult and Solid Proof confirm the platform’s reliability, providing peace of mind to investors. Interested investors can purchase MEMEX tokens through the presale website or the Best Wallet app. For the latest updates, join Meme Index on X or Telegram and stay ahead of this rapidly evolving opportunity. You might also like: ‘Government Efficiency’ meme coins lose value after Musk walks back cost-cutting plans Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.