It’s hardly information that among the many guarantees President Donald Trump made within the run-up to his election was to make the US a Bitcoin superpower, igniting the US crypto rush and the resurgence of meme cash.
‘I’m laying out my plan to make sure that the US would be the crypto capital of the planet and the Bitcoin superpower of the world,’ Trump mentioned in his keynote deal with on the Bitcoin 2024 convention held in Nashville, Tennessee. ‘And we’ll get it achieved.’
What’s good for Bitcoin is nice for the market as an entire, notably when college endowments and powerhouse charities are lastly taking cryptocurrency critically. The halo impact does certainly prolong to all types of crypto, together with meme cash initiatives just like the one we’ll characteristic on this article, Meme Index.
College Endowments and Charity Organizations Be part of the Crypto Rush
The $TRUMP meme coin debacle apart, many pro-crypto developments within the US of late have general been good for the crypto market. And now, even college endowments and charitable organizations are becoming a member of the crypto rush.
Take Georgia’s Emory College. In October final yr, it turned the primary faculty endowment to reveal holdings of Bitcoin exchange-traded funds, and others have adopted swimsuit. The College of Austin can be elevating a $5M Bitcoin fund for its $200M endowment.
The Rockerfeller Basis, in the meantime, advised the Monetary Instances that it might contemplate rising publicity to cryptocurrencies if its consumer base turns into extra diversified.
Chun Lai, the philanthropic group’s chief funding officer and supervisor of the Rockefeller Basis’s $4.8 billion endowment, mentioned that whereas there’s no certainty as to how cryptocurrencies will carry out over the following 10 years, ‘we don’t wish to be left behind when their potential materializes dramatically.’
Will Meme Cash Profit from the Crypto Rush?
The meme coin market exploded final yr, getting into 2024 with a $20B market cap and ending at greater than $120B. That’s a 500% improve, and cause sufficient for anybody to concentrate to the high meme coin initiatives.
Take Meme Index ($MEMEX) – the world’s first decentralized meme coin index – as a superb instance. This meme coin, at present on presale, offers traders the choice of simply diversifying their threat. That’s a intelligent transfer, contemplating the unpredictability of the crypto market, and a primary on the subject of meme cash.
Meme Index affords 4 meme coin baskets – indexes, in different phrases – with various ranges of volatility, giving traders extensive publicity to the meme coin market however in danger ranges they’re comfy with.
The Titan Index is the least risky of the indexes and residential to the eighty top-performing meme cash – $PEPE, $DOGE, $SHIB, $FLOKI, and co. These OGs include decrease threat however slower rewards too.
The Moonshot Index contains up-and-coming meme cash which are poised for greatness. $POPCAT, $PNUT, and $MOG are among the many eight meme cash on this index. The attraction is it affords extra progress potential than the Titan Index, but in addition extra volatility.
The Midcap Index, in the meantime, turns the chance issue up a notch. Right here you’ll discover tokens like $TURBO and $BOME – meme cash with nice progress potential however, on the identical time, an inclination to swing wildly.
The fourth meme coin basket is the Frenzy Index. This has Degen written throughout it: high-risk meme cash with the potential to blow up. Say hi there to $CAT and $FARTCOIN – a few of names among the many eight meme cash within the Frenzy Index.
As for who decides which meme cash go into these baskets, that’s the place group governance comes into play. $MEMEX holders have a say within the course of the venture, in addition to which meme cash are within the indexes.
Since launching in early December, the MEMEX presale has raised greater than $3.5M, and 1$MEMEX at present prices $0.0160352, whereas staking rewards are at 650%. That value, nonetheless, is about to extend as $MEMEX enters the following stage of its presale.
Wrapping Up…
If this progressive meme coin feels like your cuppa, right here’s the verified hyperlink to the official $MEMEX presale web site. However as all the time, we urge you to DYOR, as in spite of everything, we’re not monetary advisors.
When you’ve achieved your dues, nonetheless, chances are you’ll discover our complete information to Meme Index useful. It reveals you the way to use $ETH, $USDT, $BNB, or a card to purchase $MEMEX on the pre-listing value. The $MEMEX whitepaper is a vital learn, too, whereas Meme Index’s X channel is the very best place to seek out common venture updates.