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Meme coin index token $SPX6900 jumped 33% to $1.25 as the newest index token, Meme Index ($MEMEX), blasted previous $1.5 million in its blockbuster presale.
When you didn’t know, SPX is the ticker of the S&P 500, the premier index of the US inventory market, itemizing the highest 500 firms by market capitalization.
The S&P 500 is commonly seen as an emblem of a monetary system that advantages these on the prime greater than these on the backside. At 6,400 factors greater than the S&P 500, $SPX6900 is the meme coin that desires to guide a brand new monetary revolution to reclaim the American dream for normal guys and gals.
Meme Index is doing one thing related, however arguably in a extra helpful vogue by creating 4 meme coin indices to allow quick access to a basket of meme cash, relying in your danger tolerance. The urge for food for the monetary revolution theme by memeification is clearly rising.
And what higher time to tackle the large boys than when the S&P 500 has been falling for 5 days – it’s in all probability no accident that $SPX6900 and $MEMEX have been rising so strongly towards this near-term bearishness within the inventory markets.
SPX6900 And MEMEX Lead The Memeification Of Finance
The SPX6900 web site is impressed by the Bloomberg homepage in a nod to its mission to upend the present monetary order. Equally, Meme Index is impressed by the huge adoption of exchange-traded funds (ETFs), which have been the the very first index funds.
Because the first ETF (S&P 500 SPDR) was issued in 1993, many hundreds have adopted. They’re an inexpensive approach to entry an index with out having to individually purchase all of the constituents, and so they can be utilized to entry various asset courses like crypto, which have been beforehand tough for retail buyers to entry.
Essentially the most profitable ETF launch in historical past is the iShares Bitcoin Belief ETF (IBIT) from asset administration large BlackRock. Taking a leaf out of BlackRock’s e book, Meme Index has positioned itself as a decentralized model of an index fund, however for meme cash.
As an alternative of simply holding bitcoin as iShares Bitcoin Belief does, the 4 completely different Meme Index indices have been usual for a variety of danger profiles, every holding a portfolio of various meme cash.
SPX6900 makes no bones about its mission to assist usher in a brand new world of “human hope” after the decimation of the 2008 monetary disaster, pandemics, inflation, and extra:
“You have been born right into a world the place shopping for a home means taking over a mortgage within the a whole lot of hundreds. A world the place social safety is extra a fable than a security web, regardless of having it deducted from each paycheck. You’ve entered an funding panorama the place the Inventory Market has already celebrated its most vital positive aspects, leaving you to marvel what’s left for you. You’re navigating a actuality formed by the aftermath of 9/11, a crippling 2008 recession, an unprecedented international pandemic, runaway inflation, and escalating violence. You have been born into a distinct America. One which’s been without end altered by financial and social elements largely past your management. A brand new world that calls for new options. SPX6900 is the reset. SPX6900 is the canvas on which new monetary desires are painted. It’s a tapestry woven with the threads of human hope. It’s the S &P500 with 6400 extra. It’s the inventory marketplace for the individuals. SPX6900 sows the seeds for a forest of tomorrows. SPX6900 nourishes the souls and our bodies of tens of millions. SPX6900 is for you, your youngsters, and numerous generations after.”
However in reality, SPX6900 is a memeification with out the utility. Admittedly it has spun an attractive narrative upon which it’s constructing a thriving group.
Nonetheless, Meme Index is ready to weave an analogous pitch whereas harnessing the facility of index investing, decentralizing it, and fastening it onto the red-hot meme coin sector, the place a lot of the brand new retail cash coming into crypto goes.
$MEMEX: The Subsequent Index Coin To Flip $500 Into A $9.3 Million Fortune?
Though meme cash solely account for round 2.4% of total crypto market capitalization, their share of buying and selling volumes was 6.7% in 2024. As new tendencies emerge amongst meme cash, the Meme Index will seize these developments inside its household of indices. On this approach, $MEMEX is providing way more than SPX6900, making it the right match for a 2025 diversified crypto portfolio.
Given its memeified tackle the monetary markets plus its usefulness as a approach of gaining publicity to meme cash, $MEMEX could possibly be headed for a similar stratospheric lift-off that SPX6900 is now witnessing.
SPX6900 runs on the Ethereum chain and was launched again in August 2023. When you had invested $500 when it listed at $0.00006467 you’d now be sitting on $9,354,687 – a return on funding of 1,870,937%.
Supply: DEXTools SPX6900 1-day candles as of January 3, 2025
YouTube crypto channel CryptoGains with 143k subscribers is urging its viewers to try Meme Index with a thoughts to get in early for prime ROI:
4 Indices Of The Meme Index Ecosystem
Meme Titan Index – A group of the highest 10 meme cash on this planet. The Meme Titan Index contains the highest 10 meme tokens, comparable to $DOGE, $SHIB, and $PEPE, which have outperformed Bitcoin ($BTC) and Ethereum ($ETH). Though their 1,000x potential could also be diminished attributable to larger market caps, they nonetheless maintain appreciable development alternatives.
Meme Moonshot Index – This basket is full of unstable up-and-comers, which can be difficult for the meme coin leaderboard. Itemizing rumors, rising communities – Moonshot tokens are poised for greatness.
The Moonshot Index focuses on tokens with quickly rising market caps, a lot of that are beneath $1 billion. These tokens supply larger upside potential than the Titan Index however include elevated danger.
Meme Mid Cap Index – That is the place the volatility skyrockets. Memes on this basket might rapidly attain Moonshot and even Titan ranges. Midcap is for individuals who get pleasure from a little bit of danger.
The Midcap Index targets tokens with a market cap between $50 million and $250 million. If these tokens break the $1 billion mark, buyers can count on potential returns between 4x and 20x.
Meme Frenzy Index – This one is for the Degens. Those that wish to reside life on the wild facet and don’t thoughts the riskiest of performs. Excessive-risk high-reward. Not for the faint of coronary heart! The Meme Frenzy Index is for high-risk buyers searching for excessive volatility. Whereas many tokens might fail, a robust performer can considerably enhance the general worth of the index.
SPX6900 Is To S&P500 (SPX) As $MEMEX Is To Crypto ETFs
Because the group units out on its web site, Meme Index has related benefits to the exchange-traded funds discovered on the inventory markets, however with a key distinction that governance is within the palms of the $MEMEX token holders.
The promoting factors of Meme Index will be grouped into 4 foremost areas: market-wide publicity; funding model; entry to unique property and group governance.
Publicity: Within the unstable world of meme cash, deciding on a single token for funding will be difficult. Meme Index means that you can vote on, and choose a basket of meme cash, decreasing danger–or elevating volatility.
Funding model: There will likely be 4 indexes to select from, each with various levels of volatility. Titan, Moonshot, MidCap, and Frenzy. From low volatility to meme coin madness–the selection is yours.
Unique property: In search of one thing somewhat spicier? The Meme Index contains Frenzy – a meme basket full of ultra-high volatility unique tokens which can be scorching, trending, and on the rise.
Governance: The $MEMEX token permits all holders to submit and vote on proposals associated to the venture and on which cash must be added or faraway from a selected index.
- Submit new proposals for the venture
- Vote on which new meme cash are positioned within the baskets
- Dynamic baskets guarantee trending memes are at all times in play
- Solely $MEMEX holders can submit, vote, and entry the Meme Index
Stake $MEMEX For A 1,500% Annual Return
As talked about above, holding the $MEMEX token is the one approach to entry the Meme Index’s numerous basket of meme cash and achieve publicity to this quickly rising sector.
What’s extra, the property inside every index are totally modifiable. Neighborhood members can vote so as to add or take away tokens, guaranteeing the indexes stay dynamic. For example, if a token like $PEPE begins to underperform, it may be changed with a rising star like Pepe Unchained ($PEPU).
Alternatively, if the $SPX6900 value pump continues, it could possibly be a contender for inclusion in one of many Meme Index indices.
Early buyers have a singular alternative to extend the worth of their holdings by using the Meme Index’s staking protocol, which presently affords a 1,500% annual share yield (APY).
Keep in mind that as extra buyers deposit into the Meme Index staking pool, the rewards will lower dynamically.
Much less Than 19 Hours Left To Seize $MEMEX At Its Present Worth
There are solely lower than 24 hours left to safe the token at its present low value of $0.0148639.
Go to the Meme Index web site and join your pockets. You should purchase $MEMEX with $USDT, $ETH, $BNB, or perhaps a financial institution card.
You can even purchase $MEMEX through the use of Finest Pockets, the brand new Web3 crypto pockets that’s taking the cryptoverse by storm. Potential consumers will discover $MEMEX within the Upcoming Tokens part of the app.
Obtain the Finest Pockets app from Google Play or the Apple App Retailer to get began.
The Meme Index has handed audits from two trusted companies, Coinsult and SolidProof, guaranteeing the platform’s good contracts are safe.
To remain up to date, be a part of the Meme Index group on Telegram and X for the newest information and updates.
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