Meme Index Shrugs Off Libra Meme Coin Shock, Hits $3.75M In Presale

The Meme Index ($MEMEX) has defied market turbulence to coast previous $3.75 million in funding in its presale.

Much more spectacular is that this milestone was reached throughout a broader sector sell-off triggered by the Libra ($LIBRA) fiasco, which even despatched bearish sentiment into Solana.

So why are buyers nonetheless flocking to the Meme Index? 

It’s seen as a safer wager for these coming into the sector. As crypto’s first meme index, it permits buyers to unfold danger throughout 4 totally different indexes, every with various ranges of danger, whereas nonetheless providing robust potential for features within the memetic property house.

To entry these indexes, buyers want to carry $MEMEX tokens presently accessible within the presale at $0.0162933 per token. 

Nonetheless, this worth will improve within the subsequent 22 hours because the challenge strikes to its subsequent funding stage.

Which President Pulled The Rug: Javier Milei, Donald Trump—Or Each?

On February 15, the $LIBRA token skyrocketed to a market valuation of over $4.5 billion on its launch day. Nonetheless, inside only a few hours of buying and selling, the token shortly plummeted, shedding 80% of its worth.

LIBRA $319.97M – LIBRA / USDC on Solana / Meteora – DEX Screener

As of writing, $LIBRA’s market cap is nearly $319 million. The token turned controversial after Argentine President Javier Milei made a now-deleted publish on X selling it, which led to lawsuits accusing him of orchestrating a rug pull and additional souring investor sentiment.

Pump.enjoyable founder Alon was outraged by the $LIBRA incident and referred to as for stronger person safety measures on his platform.

I’m disgusted by the occasions that transpired over the previous days surrounding $LIBRA. The folks behind this challenge made substantial private features on the expense of many customers, the ecosystem, and even a complete nation.

I hope the folks accountable get what they deserve.

I’m…

— alon (@a1lon9) February 17, 2025

Solana, the popular blockchain for meme cash and the one $LIBRA resides on, took successful, with the coin dropping from $177 on Tuesday to about $164.

Crypto, nevertheless, has seen comparable conditions earlier than. Simply final month, U.S. President Donald Trump and First Woman Melania gained crypto billionaire standing with the launch of their meme cash, Official Trump ($TRUMP) and Official Melania ($MELANIA). 

Whereas each tokens initially soared to a mixed market cap of over $16 billion, they’ve since dropped by 75%.

In essence, the $LIBRA state of affairs mirrors that of the $TRUMP tokens, elevating the query of which president actually “pulled the rug.”

Meme Index Will increase The Odds Of Successful

The creation of the Meme Index marks a step towards safer meme coin investing, offering safety for buyers towards tokens that disproportionately profit creators at their expense. 

Whereas meme cash are inherently risky, there’s potential for substantial features if capital is strategically allotted. Very similar to in roulette, the place spreading bets throughout totally different sections or combining inside and outdoors bets improves your possibilities of successful, meme coin investing advantages from diversification. 

By spreading capital throughout a bigger variety of tokens, buyers improve their possibilities of reaching a constructive return and managing danger inside their portfolio.

The least risky possibility with the Meme Index is the Meme Titan Index, made up of tokens with a market cap of over $1 billion, like Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE). These well-established tokens are comparatively much less risky, making them a stable start line for gaining publicity within the sector.

Subsequent is the Moonshot Index, which incorporates tokens with a market cap starting from $250 million to lower than $1 billion. Although extra risky, these tokens have the potential to comply with within the footsteps of Meme Titan tokens if the market circumstances align.

Then there’s the Midcap Index, which options tokens valued between $50 million and $250 million. These cash are usually extra unpredictable, providing larger danger and, for the fitting buyers, an opportunity to realize higher alpha.

Lastly, the Meme Frenzy Index is for these trying to chase huge wins. With tokens underneath $50 million, this index carries the very best diploma of danger among the many 4, nevertheless it additionally presents the opportunity of as much as 1,000x returns if any token reaches a $1 billion valuation.

Wager On Murad Favourite $SPX Or Meme Index With $SPX? 

Some of the revered meme coin advocates in crypto is Murad Mahmudov, who is thought for his bullish view that the rise of meme cash final yr was simply the tip of the iceberg.

The Princeton graduate has already named his prime picks for this yr in an X publish, and a few of them are already a part of one of many Meme Index’s indexes.

One token Mahmudov believes is primed for a wild bull run is SPX6900 ($SPX). He predicts it would attain 1,000,000 holders quickly – a forecast that would definitely drive the token’s worth up.

#SPX6900 may have Hundreds of thousands of Holders quickly.

That is the long run. You’re early.

This can be a once-in-a-decade alternative. pic.twitter.com/rF6kAI8gib

— Murad 💹🧲 (@MustStopMurad) February 17, 2025

If Mahmudov’s prediction comes true, $SPX could lead on your complete sector. Nonetheless, betting on his prediction continues to be a recreation of likelihood, as unknown elements may definitely trigger main modifications.

By using an index to spend money on meme cash, such because the Meme Titan Index, which incorporates $SPX, buyers can tilt the chances of their favor. 

If $SPX takes off, it may pull different prime meme cash together with it, that means these with capital unfold throughout the index can profit from the constructive momentum of all of the tokens within the basket.

How To Purchase $MEMEX

As talked about, buyers want $MEMEX tokens to entry the Meme Index, and they’re accessible solely through the ongoing presale.

To get began, merely head to the Meme Index web site and join a pockets (e.g. Greatest Pockets). You should purchase $MEMEX utilizing USDT, ETH, BNB, or perhaps a financial institution card.

$MEMEX tokens additionally function governance tokens, that means holders can affect the tokens that make up every index and even create new indexes.

Meme Index presents staking rewards with a formidable 609% APY.

The platform has been audited by respected companies like Coinsult and SolidProof, guaranteeing the safety of its good contract.

For the most recent updates, be a part of the Meme Index neighborhood on Telegram and X.

Go to the Meme Index.