Altcoin News Daily Official TheBitTimes.com

Meme Index ($MEMEX) has surged past $400,000 on Christmas Day as investors pile into a new presale token that enables them to invest in diversified baskets of meme coins for the first time. The project assembles four baskets of meme coins with varying degrees of risk, aiming to avoid concentrating exposure on any single volatile asset. There is also room for flexibility, as the assets within each index can be adjusted based on the consensus of the Meme Index community. This allows for the inclusion of emerging meme coins or additional allocations of more established ones. All of these indexes and the ability to modify them are made possible by Meme Index’s governance token, $MEMEX, which is currently only available through its token presale. The token’s current price is $0.0146285, but it will increase to $0.014687 in the next 48 hours to kick off its next funding stage. Meme Index Reduces Risk By Giving Investors Diversified Baskets O...