{"id":636483,"date":"2025-03-18T13:34:36","date_gmt":"2025-03-18T13:34:36","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636483"},"modified":"2025-03-18T13:34:36","modified_gmt":"2025-03-18T13:34:36","slug":"hashdex-adds-more-altcoins-to-crypto-index-etf-could-meme-index-be-next-as-its-presale-ends-in-13-days","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/press-releases\/hashdex-adds-more-altcoins-to-crypto-index-etf-could-meme-index-be-next-as-its-presale-ends-in-13-days","title":{"rendered":"Hashdex Adds More Altcoins To Crypto Index ETF \u2013 Could Meme Index Be Next As Its Presale Ends In 13 Days?"},"content":{"rendered":"

Meme Index ($MEMEX)<\/a> has entered the last two weeks of its red-hot presale as the project prepares to launch the crypto space’s first-ever meme coin index – offering investors a smarter way to buy into the booming sector.<\/p>\r\n\r\n\r\n\r\n

By investing in $MEMEX, holders tap into a diversified basket of meme coins, reducing reliance on any single asset and improving their odds of capturing gains.<\/p>\r\n\r\n\r\n\r\n

This index-based strategy is gaining traction, much like asset manager Hashdex’s decision to expand its crypto ETF with more altcoins – lowering its exposure to Bitcoin ($BTC) and Ethereum ($ETH).<\/p>\r\n\r\n\r\n\r\n

For those looking to manage risk while still chasing meme coin upside, $MEMEX<\/a> offers a strategic entry point. The token is currently priced at $0.0166883, but with the presale ending soon and over $4 million raised, this low entry point will not last long.<\/p>\r\n\r\n\r\n\r\n

Following NCIQ, Will A Meme Coin ETF Follow? Meme Index Could Be The Market’s Blueprint<\/h2>\r\n\r\n\r\n\r\n

Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), the first dual crypto ETF, launched on February 13 after securing the Securities and Exchange Commission (SEC) approval. The fund is heavily weighted toward Bitcoin (88%), with Ethereum making up the remaining 12%.<\/p>\r\n\r\n\r\n\r\n

In a March 14 amendment filed with the SEC, the Brazil-based asset manager proposed adding several altcoins to the fund, including Ripple (XRP), Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI).<\/p>\r\n\r\n\r\n\r\n

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To qualify for inclusion, assets must meet specific criteria – such as trading on at least two core crypto platforms, having custodial support, meeting minimum trading volumes, and being listed on a US-regulated crypto trading or derivatives platform. <\/span><\/div>\r\n<\/figure>\r\n\r\n\r\n\r\n

In the ETF’s initial filing on October 23, 2024, only Bitcoin, Ethereum, Avalanche, Chainlink, and Litecoin met these requirements. The addition of the other altcoins now brings the ETF closer to its goal of representing a broader basket of top cryptocurrencies.<\/p>\r\n\r\n\r\n\r\n

Following a passive investment strategy, the fund aims to track these coins rather than outperform them. In other words, it’s an index-based approach that offers a simpler and more diversified way to invest in top crypto assets.<\/p>\r\n\r\n\r\n\r\n

The advantage, of course, is that it avoids the technical complexities of directly acquiring and trading individual assets. Furthermore, such diversification is particularly valuable in the volatile crypto market, helping to mitigate risk.<\/p>\r\n\r\n\r\n\r\n

With the introduction of Meme Index<\/a>, this same strategy comesto the meme coin sector – one of crypto’s standout growth drivers in 2024.<\/p>\r\n\r\n\r\n\r\n

With The Meme Index, Investors Aren’t Left With Any Guesswork<\/h2>\r\n\r\n\r\n\r\n

Meme coins undeniably emerged as the breakout sector of 2024, with tokens like Pepe ($PEPE), DogWifHat ($WIF), Peanut the Squirrel ($PNUT), Bonk ($BONK), and others capturing market enthusiasm for crypto’s most memetic assets.<\/p>\r\n\r\n\r\n\r\n

Although the meme coin market cap has now dipped below $50 billion, it remains buoyed by holders who maintain a cult-like devotion to their tokens – a loyalty that keeps sell-offs at bay.<\/p>\r\n\r\n\r\n\r\n

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Top Memes Tokens by Market Capitalization | CoinMarketCap<\/a><\/p>\r\n\r\n\r\n\r\n

This passionate following is what drives meme coin prices up, attracting investors – even those with zero crypto experience – seeking outsized returns. <\/p>\r\n\r\n\r\n\r\n

However, identifying tokens primed for explosive growth has become increasingly challenging as meme coin launches have flooded the market with countless new assets.<\/p>\r\n\r\n\r\n\r\n

The upcoming launch of Meme Index<\/a> aims to turn this guesswork into a strategic play. By offering a diversified approach similar to NCIQ, the index allows investors to tap into meme coin potential without the pressure of timing the market or selecting the right token.<\/p>\r\n\r\n\r\n\r\n

In short, Meme Index is designed to simplify meme coin investing for those looking to gain exposure to this high-risk, high-reward sector.<\/p>\r\n\r\n\r\n\r\n

How A Meme Coin ETF Compares To The Meme Index<\/h2>\r\n\r\n\r\n\r\n

Meme Index<\/a> offers four distinct indexes, each tailored to different risk appetites and token volatility levels:<\/p>\r\n\r\n\r\n\r\n