Crypto’s first-ever meme coin index, Meme Index ($MEMEX), has officially begun its token claim process today and is now live for trading on Uniswap.
With this first decentralized exchange (DEX) listing, a new era of meme coin investing begins. $MEMEX was priced at $0.002915 in the first hour of trading.
Total market cap volume has already reached $44.2 million as the token holder tally pops to a healthy 2,330.
Trading site DEXTools has a project reliability score of 76/99 and the smart contract has no critical issues or nefarious code to worry about.
With staking rewards still at a massive 522%, it is helping to provide price support despite some profit-taking by presale token holders at the open.
Dip buyers are now turning up in numbers for the unique meme index use case it is offering.
Meme Index attracted contributions totaling more than $4.5 million from the crypto community.
Those who have been tracking the Meme Index presale already know that the project offers a risk-controlled, index-based approach to gaining exposure in the sector – eliminating the risks of concentrating funds in a single volatile asset by distributing them across a diversified basket of tokens.
No doubt, meme coins are set for a comeback in 2025. But for the sector to evolve, it needs projects like the Meme Index to take it into its next phase – paving the way for the second wave of its interrupted supercycle last year.
While those who missed the presale lost the chance to buy $MEMEX at a discounted rate, they can still acquire $MEMEX on Uniswap in preparation for the rollout of Meme Index’s four indexes.
$MEMEX is also listed on CoinMarketCap, Dextools, and Dexscreener for investors looking to track its price action.
Head to Uniswap now and start trading $MEMEX.
The index-based approach to meme coin investing
The Meme Index marks a new era of meme coin investing, with four indexes set to launch following its Uniswap listing – and potentially other listings as well.
These four indexes cater to investors with different risk profiles, providing a structured way to generate returns in crypto’s most exotic assets while aligning with individual risk thresholds.
With the Meme Titan Index, Moonshot Index, Midcap Index, and Meme Frenzy Index, investors can strategically allocate funds based on their desired risk-reward balance.
For those seeking minimal volatility, the Meme Titan Index offers a more stable approach.
Volatility steps up with the Moonshot Index, followed by the Midcap Index, and reaches its highest level with the Meme Frenzy Index – the most aggressive of the four.
https://memeindex.com
What’s unique about the Meme Index is that it features algorithmic rebalancing capabilities, which ensures each index maintains an optimal allocation by adjusting holdings based on market trends, preventing overexposure to any single asset.
Beyond exposure, the Meme Index also introduces basket staking, allowing investors to earn passive income from their chosen index.
To further mitigate risk, the project features a volatility control mechanism that dynamically adjusts asset weightings, which provides a more stable exposure in a sector known for its wild price swings.
Stack up on $MEMEX before the indexes go live
The presale may be over, but investors can still grab $MEMEX on Uniswap and users can grow their holdings by staking them on its staking protocol that offers a 522% annual percentage yield (APY).
https://memeindex.com/en/staking
This isn’t just another meme coin – $MEMEX is the backbone of the Meme Index ecosystem, serving as the primary currency for transacting, accessing, and interacting with the indexes.
Beyond that, $MEMEX is also a governance token, which grants holders the power to reshape the indexes or even create entirely new ones.
For instance, if a meme coin within an index isn’t delivering, the community can vote to remove it, replace it with a stronger contender, and fine-tune the index for maximum profitability.
Yet the most crucial aspect of $MEMEX is its broader representation of the meme coin sector.
Since it powers an ecosystem built around meme coin indexes, it’s essentially the S&P 500 of crypto’s memetic assets – a single asset capturing the entire sector.
The project is armed with over $4.5 million in early investor funding that will be helpful in the launch of the indexes
With $4.5 million in early investor funding, the Meme Index has secured the capital needed to launch its four indexes.
Some of the tokens included were revealed on Monday, featuring Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), OFFICIAL TRUMP (TRUMP), Bonk (BONK), FLOKI (FLOKI), SPX6900 (SPX), Fartcoin (FARTCOIN), dogwifhat (WIF), and Pudgy Penguins (PENGU).
These assets are distributed across the indexes based on their volatility profiles and market capitalizations.
Once the Meme Index makes its official announcement, investors will be able to gain exposure to all of these tokens through its structured indexes.
To stay updated on the launch, join the project’s community on Telegram and X.
For those who have yet to claim their tokens, follow the instructions in the X post below:
The post New Era of Meme Coin Investing Begins: Meme Index Lists on Uniswap appeared first on Cryptonews.
