How Vantard, Crypto’s First Memecoin Fund, Raised $209k in One Week
The post How Vantard, Crypto’s First Memecoin Fund, Raised $209k in One Week appeared on BitcoinEthereumNews.com.
It’s been quite the week for Vantard, crypto’s very first memecoin price tracker. Inspired by TradFi assets like indexes and ETFs, Vantard is essentially an actively managed fund that invests in and holds the very best memecoins. Having launched the pre-seed round of its ICO on the 22nd of October, Vantard—inspired by traditional asset managers—has exploded onto the scene, raising a whopping $209k in a little over a week with a flurry of investors and even VCs now poised to pile in. And ahead of what many expect to be a memecoin supercycle, Vantard offers access to all the thrills of memecoin investment with the diversification and expert management only previously available with conventional, non-crypto assets. Here is everything you need to know. What is Vantard and how does it work? Vantard is a basket of the newest and best memecoins in the market, including blue chip memes, trench gems, and 1000x vaporware. With a diversified, risk-balanced coin selection that has been carefully selected and will be regularly reviewed by experienced traders, Vantard has the credentials to outperform the already exploding memecoin market. Which has skyrocketed by nearly 300% this year alone, making other asset classes look tired and slow. So, what’s the overall strategy? It’s simple: buy and hold the best memecoins, and let the market do the rest. While Vantard allows unprecedented market dynamics to do most of the heavy lifting for performance, the project itself puts in the hard yards in for investors, allowing them to invest in a fully-fledged crypto fund without spending days conducting complex research. Consequently, Vantard is the most straightforward and hassle-free vehicle for exposure to memecoin madness. And positions itself for greater mass adoption than any memecoin we’ve ever seen before. Some market commentators have floated 100x as a more than reasonable…
Filed under: News - @ October 31, 2024 11:27 pm