Meme Index raises $500k in presale for its decentralized meme coin index trading platform.

Meme Index (MEMEX), the first decentralized meme coin indices investing platform, has raised over $500k in its presale.

The creators aim to simplify investing in meme coins while providing single-click diversification.

Meme Index: Offsetting the risk of concentrated investments

The meme coin sector reached a peak market capitalization of $137 billion in 2024, with thousands of meme coins on the market. 

Meme Index aims to simplify the experience of investing in meme coins by allowing market participants to buy diversified baskets of tokens grouped by volatility. Four baskets will be available, ranging from low to ultra-high volatility. 

Those with a bigger risk appetite would prefer ultra-high volatility, while more conservative investors would opt for the low-volatility basket.

Grouping meme coins into indexes aims to offset the downside risk of concentrated investments in a singular asset.

The four meme coin baskets available on Meme Index

Meme Index will offer four indexes: the Titan Index, Moonshot Index, Midcap Index, and Meme Frenzy Index. As mentioned, volatility correlates to risk level.

The Titan Index will include lower-volatility, higher-market-cap meme coins. It will consist of the top ten meme coins with a market cap over $1 billion (Dogecoin, Shiba Inu, etc.).

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Author: Guest Post

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