The post Next 100X Meme Coin? Trending Meme Index Presale Races Toward $2M Milestone appeared on BitcoinEthereumNews.com.

The total raised is currently north of $1.8 million after the presale launched approximately one month ago. Meme Index ($MEMEX), the world’s first meme coin index investing platform, is swiftly approaching the $2 million raised mark at presale. Momentum is building as more people become aware of Meme Index and the potential value its platform could offer. Reaching the $2 million milestone will mark a significant achievement for the project and underscore investors’ interest in its use case. Market participants can buy $MEMEX at a presale price of $0.0149234, but this will rise as the campaign advances. According to its website, the next increase will occur later today. Meme coin indices save time and reduce risk Meme Index’s meme coin indices are a breakthrough in the crypto market. The meme coin sector is typically favored among newer retail users, who opt for light-hearted and less technically challenging investment opportunities. However, the simplicity of creating meme coins has led to severe dilution in the sector. Research carried out by BDC Consulting found that between 40,000 and 50,000 meme coins are created daily. Indeed, most don’t last long – many don’t even make it past bonding on meme coin casinos like Pump.fun. Nevertheless, CoinGecko shows price data for over 3,900 meme coins right now. So, suppose you’re a wide-eyed crypto newbie. You’re hungry to cash in on the investment category which appears to have printed more millionaires than any other in 2024. Where do you start? Soon, the answer will be Meme Index. The platform offers diversified baskets of meme coins grouped by volatility. It’s a pain-free way to get exposure to the meme coin sector. There are four baskets to choose from, ranging from low to ultra-high volatility. For those seeking maximal profits with little regard for risk, ultra-high volatility is…

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Filed under: News - @ January 7, 2025 7:19 am