With Trump about to occupy the White House as the next US President, a new meme coin called OFFICIAL TRUMP (TRUMP) launched just ahead of this past weekend. In 48 hours, the token skyrocketed from $7 per coin to over $70, exploding as the hype continued to increase, and as Bitcoin led another rally that took it to a new ATH above $109k.
But, with the arrival of Monday, two things changed — the TRUMP token started to drop, losing over 20% of its price in the last 24 hours. Meanwhile, a new meme coin called Official Melania Meme (MELANIA) launched, and has done extremely well.
https://x.com/KingFazir/status/1881092756397080583
MELANIA’s price pumped as TRUMP’s crashed, causing it to go from $7.4 to $12.95. After that, it dropped right back to where it started, only to surge again, this time to a new all-time high at $13.73, which was followed by another rejection to $8. Right now, at the time of writing, Official Melania Meme is pumping again, currently at $8.8 and rising, and the same might happen with TRUMP too as the inauguration ceremony approaches.
But, while TRUMP and MELANIA may or may not pump in the next few hours, or even days, there are new meme coins that have strong utilities that many experts believe will do extremely well. The best meme coin in that regard right now is Meme Index (MEMEX).
JOIN THE MEMEX ICO AND START YOUR CRYPTO INVESTING JOURNEY
Meme Index Is Introducing Meme Baskets For Low-Risk Investments
Meme Index is a new meme coin that is currently still in presale. However, it has massive potential for the future, as it offers a new way of investing in meme coins.
Instead of building up a portfolio by investing in individual coins yourself, you can invest in entire baskets of meme coins. The project has prepared four of them, which will come with varying degrees of risk, thus providing options for investors and allowing every individual to take on the risk level they feel comfortable with.
The lowest-risk basket will be called the Titan Index, and it will contain the titans of the meme coin industry. In practice, this means the top 10 largest meme coins by market cap, all of which are major, established coins and tokens, and are relatively low-risk. The second one will be the Moonshot index, which is slightly riskier, containing meme coins that are just under the top 10 largest ones and could challenge them at any time.
True risk comes with the third basket, called MidCap. This one will have meme coins whose market cap goes from $50 million to $250 million, and these projects are known to be highly volatile, promising great rewards, but also coming with great risk. The last basket is known as the Frenzy index, and this is an all-or-nothing type of investment, containing experimental, new, and highly volatile assets that could either succeed or flop completely. This is the index for those who can afford to take great risks, and not be ruined by a negative outcome, so be very careful if you choose to go for this one.
More importantly, the project’s native token, MEMEX, will allow token holders to participate in community governance, which will allow them to choose which tokens go into different indexes. By buying MEMEX, you can influence these decisions, which could be beneficial for you as well, if you also become an index investor.
BUY MEMEX WHILE ITS LOW AND TAKE A CHANCE ON ONE OF THE BEST MEME COINS
And, if you will be buying MEMEX, the best time to do so is now, while it is still in ICO, and its price sitting at only $0.0154877. The project has already attracted massive attention, raising over $2.6 million in just a few weeks, showing that there is great interest among buyers, which could have a positive impact on the project’s price once it goes live.
