Finally, a Meme Coin ETF (Kinda)
Meme Index ($MEMEX) is officially live as of April 2, and it’s already turning heads. After raising over $4.5 million in presale money, it launched on Uniswap and is now tradable. Instead of betting on just one meme coin and hoping it moons, MEMEX lets you own a piece of a whole basket of them. It’s basically a meme coin bundle deal—like an ETF, but for degens.
How It Works
MEMEX is made up of four different “indexes,” each one holding different types of meme coins:
• Titan Index has big dogs like DOGE and SHIB
• Moonshot Index is full of tiny coins with big dreams
• Midcap Index holds stuff that’s not huge but not micro either
• Frenzy Index is where the unhinged tokens live—straight chaos
When you buy $MEMEX, you’re basically getting exposure to all of these at once. So instead of choosing between WIF, PEPE, or FARTCOIN, you just buy one token and let the index spread it out.
Why People Are Talking About It
This isn’t just some random meme project with a frog and vibes. The whole idea is to give people a way to invest in meme coins without doing deep research or chasing every new launch. You just hold $MEMEX and it does the diversifying for you. Twitter’s already calling it “SPY for shitcoins,” which… yeah, sounds about right.
What’s Inside the Index?
Here’s a peek at the tokens they included at launch:
• DOGE, SHIB, PEPE
• SPX6900, BONK, TRUMP
• WIF, GIGA, PENGU, FARTCOIN
The project says the index will get updated over time, depending on how these tokens perform. So it won’t just stay locked in forever.
Live Now, Claims Open
Token claims started April 2 at 2 PM UTC. It’s already trading on Uniswap and moving decently. Volume is solid and the team seems active, but no big exchange listings yet. Still, if momentum keeps up, we might see it on something like Jupiter or Raydium later on.
Is It Legit or Just Good Marketing?
Hard to say. The idea is definitely fresh, and it makes meme coin investing feel a little less degenerate—but it still depends on how well the team manages everything. If they actually update the index and keep it balanced, it could catch on. If not, it’s just another meme token with extra steps.
Final Take
Meme Index is trying something new in a space that usually just copies itself to death. If you’re tired of hunting for the next pump or flipping coins every day, this could be a chill way to get exposure without going full degen. But like everything in crypto—no roadmap, no promises. Just vibes, volume, and maybe a little alpha.
