Meme Coin Hype Mounts as University Endowments Join US Crypto Rush
10 Février 2025 - 1:45PM
NEWSBTC
It’s hardly news that among the promises President Donald Trump
made in the run-up to his election was to make the US a Bitcoin
superpower, igniting the US crypto rush and the resurgence of meme
coins. ‘I’m laying out my plan to ensure that the United States
will be the crypto capital of the planet and the Bitcoin superpower
of the world,’ Trump said in his keynote address at the Bitcoin
2024 conference held in Nashville, Tennessee. ‘And we’ll get it
done.’ What’s good for Bitcoin is good for the market as a whole,
particularly when university endowments and powerhouse charities
are finally taking cryptocurrency seriously. The halo effect does
indeed extend to all forms of crypto, including meme coins projects
like the one we’ll feature in this article, Meme Index. University
Endowments and Charity Organizations Join the Crypto Rush The
$TRUMP meme coin debacle aside, many pro-crypto developments in the
US of late have overall been good for the crypto market. And now,
even university endowments and charitable organizations are joining
the crypto rush. Take Georgia’s Emory University. In October last
year, it became the first college endowment to disclose holdings of
Bitcoin exchange-traded funds, and others have followed suit. The
University of Austin is also raising a $5M Bitcoin fund for its
$200M endowment. The Rockerfeller Foundation, meanwhile, told the
Financial Times that it would consider increasing exposure to
cryptocurrencies if its user base becomes more diversified. Chun
Lai, the philanthropic organization’s chief investment officer and
manager of the Rockefeller Foundation’s $4.8 billion endowment,
said that while there’s no certainty as to how cryptocurrencies
will perform over the next 10 years, ‘we don’t want to be left
behind when their potential materializes dramatically.’ Will Meme
Coins Benefit from the Crypto Rush? The meme coin market exploded
last year, entering 2024 with a $20B market cap and ending at more
than $120B. That’s a 500% increase, and reason enough for anyone to
pay attention to the top meme coin projects. Take Meme Index
($MEMEX) – the world’s first decentralized meme coin index – as a
good example. This meme coin, currently on presale, gives investors
the option of easily diversifying their risk. That’s a clever move,
considering the unpredictability of the crypto market, and a first
when it comes to meme coins. Meme Index offers four meme coin
baskets – indexes, in other words – with varying levels of
volatility, giving investors wide exposure to the meme coin market
but at risk levels they’re comfortable with. The Titan Index is the
least volatile of the indexes and home to the eighty top-performing
meme coins – $PEPE, $DOGE, $SHIB, $FLOKI, and co. These OGs come
with lower risk but slower rewards too. The Moonshot Index
comprises up-and-coming meme coins that are poised for greatness.
$POPCAT, $PNUT, and $MOG are among the eight meme coins in this
index. The attraction is it offers more growth potential than the
Titan Index, but also more volatility. The Midcap Index, meanwhile,
turns the risk factor up a notch. Here you’ll find tokens like
$TURBO and $BOME – meme coins with great growth potential but, at
the same time, a tendency to swing wildly. The fourth meme coin
basket is the Frenzy Index. This has Degen written all over it:
high-risk meme coins with the potential to explode. Say hello to
$CAT and $FARTCOIN – some of names among the eight meme coins in
the Frenzy Index. As for who decides which meme coins go into those
baskets, that’s where community governance comes into play. $MEMEX
holders have a say in the direction of the project, as well as
which meme coins are in the indexes. Since launching in early
December, the MEMEX presale has raised more than $3.5M, and 1$MEMEX
currently costs $0.0160352, while staking rewards are at 650%. That
price, however, is about to increase as $MEMEX enters the next
stage of its presale. Wrapping Up… If this innovative meme coin
sounds like your cuppa, here’s the verified link to the official
$MEMEX presale website. But as always, we urge you to DYOR, as
after all, we’re not financial advisors. Once you’ve done your
dues, however, you may find our comprehensive guide to Meme Index
helpful. It shows you how to use $ETH, $USDT, $BNB, or a card to
buy $MEMEX at the pre-listing price. The $MEMEX whitepaper is an
important read, too, while Meme Index’s X channel is the best place
to find regular project updates.
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