The meme coin sector just got a lot more manageable thanks to Meme Index.

With four specialized indexes, this project is offering a brand-new way to trade.

Investors are taking notice – with the Meme Index (MEMEX) presale raising over $3 million in early funding so far.

Meme Index Turns Chaos Into Opportunity with Curated Indexes

Meme Index is bringing a new vibe to meme coin investing with an index fund-style approach.

Instead of the usual chaos, it offers four curated indexes covering everything from Dogecoin and Pepe to newly launched coins.

The idea is to skip the guessing game and let investors find their own balance of risk and reward.

According to the project’s whitepaper, each index is like a “basket” – automatically updating based on what the community sees as the most promising meme coins at any given time.

Meme Index’s offerings could be attractive to anyone hesitant to enter the meme coin space.

It’s like the S&P 500 for memes – only way more fun.

Those who hold MEMEX, Meme Index’s native token, can also vote on which coins are added to or removed from each index.

That means the community has the final say on how each index is structured.

The overall aim is to make the unpredictable world of meme coins a bit more predictable.

And early investors are excited about its transformative potential.

Meme Index Combines Fun & Utility to Transform Meme Coin Investing

What’s also appealing about Meme Index is how it combines real utility with the degen vibes that made meme coins a hit in the first place.

Although it stays true to its hilarious roots, it offers something rare: an actual use case.

This mix has already caught the attention of big names like ClayBro and NASS CRYPTO.

Both have featured Meme Index in videos on their YouTube channels.

Behind the memes, Meme Index’s staking protocol is also receiving praise for its 750% annual yields.

Those yields put most traditional staking protocols to shame.

Meme Index’s tokenomics are just as well thought out, with 25% of the supply allocated for staking rewards and 20% each for marketing, community incentives, and governance.

It’s a structure that shows the team is in it for the long haul.

Meme Index is bringing some serious innovation to how people invest in meme tokens.

MEMEX Token Presale Hits $3M – Could This the Future of Meme Coins?

The launch of Meme Index couldn’t have come at a better time.

Its presale has reached the $3 million mark, with MEMEX tokens available for just $0.00156557 each.

Would-be investors can get involved in the presale using ETH, USDT, BNB, or a bank card.

And while there’s no word yet on an exchange listing date, the buzz surrounding Meme Index suggests that early investors could be in for a wild ride once trading starts.

Looking ahead, Meme Index could be precisely what the market needs to level up.

By turning the volatility into structured indexes, the project could entice institutional investors who have been sitting on the sidelines.

Plus, Meme Index provides everyday traders who are tired of risky bets with a system that combines professional-level tools with the excitement of meme coins

There’s also the potential to shift the crypto talent pool.

Developers might move away from creating pump-and-dump schemes and instead build meme ecosystems that comply with Meme Index’s protocol.

The possibilities here are endless.

For those looking to get involved in possibly the next generation of meme coin investing, Meme Index could be the project that changes things for the better.

Visit Meme Index Presale

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Four leading cryptocurrency exchanges have recently secured full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA).

MiCA, which became effective on December 30, 2024, provides a unified regulatory framework for crypto-asset service providers (CASPs) operating across the European Economic Area (EEA).

Crypto.com announced on January 27 that its Malta entity received a MiCA license from the Malta Financial Services Authority (MFSA). According to the press release shared with CryptoPotato, the license will enable the platform to passport its services across all 30 EEA member states, providing its extensive range of crypto services under a comprehensive regulatory framework.

This development follows the company’s in-principle approval earlier in the month. The MiCA license joins Crypto.com’s growing list of global approvals, including key licenses in the UK, Singapore, Dubai, the US, and Australia.

On the same day, OKX announced that it secured a MiCA license through its Malta hub. OKX’s services include OTC trading, spot trading, bot, and copy trading, as well as euro-based trading for over 240 cryptocurrencies. With features like free euro deposits and withdrawals via bank transfers, localized language support, and trusted payment methods, the exchange said that it aims to simplify digital asset trading across the EEA. OKX also plans to passport its license to all EEA states, further streamlining its expansion in the European market.

Bitpanda, an Austrian fintech unicorn, too received its MiCA license from Germany’s Federal Financial Supervisory Authority (BaFin) on the same day. It is the second CASP to be licensed by BaFin since MiCA’s full implementation on December 30, 2024.

Boerse Stuttgart Digital Custody was the first German CASP to secure a MiCA license, granted by BaFin on January 17. The Europe-wide license supports its goal of becoming a regulated infrastructure provider for banks, brokers, and asset managers.

TL;DR

• Bitcoin (BTC) surged to approximately $103K after a severe dip, with analysts anticipating a new price discovery phase and potential record highs.
• Shytoshi Kusama stepped down as Shiba Inu’s lead developer, sparking mixed reactions. Their announcement coincided with a brief plunge in SHIB’s price.
• Most meme coins are in the green today (January 28), but Pudgy Penguins dropped 16%, raising concerns about a possible “rug pull.”

BTC Returns to Green Territory

The primary cryptocurrency witnessed a rather quiet weekend during which its price hovered in the $104,000-$105,000 range. However, the bears took control on January 27, suppressing the valuation below $98,000. 

However, the plunge was short-lived, and Bitcoin (BTC) saw its price pump by over five grand in the last several hours. Currently, it trades at around $102,800 (per CoinGecko’s data), while its market capitalization has once again exceeded $2 trillion.

According to X user Rekt Capital, the latest surge could be followed by the beginning of the second phase of price discovery, which may result in a new all-time high. 

“BTC has most likely completed its 1st Price Discovery Correction History, which suggests over the next two weeks… Bitcoin should be able to embark on its second Price Discovery Uptrend to new highs,” the analyst suggested.

Other popular industry participants who recently chipped in include Crypto Tony and Captain Faibik. The former envisioned a major rally if BTC’s price breaks above $106,000, while the latter predicted a new peak of $120,000. 

What’s New Around SHIB?

The popular meme coin was among the worst-affected cryptocurrencies during the market decline at the start of the business week. One important factor that may have intensified its plunge is Shytoshi Kusama’s decision to step down from their active role within the team as the “lead visionary.”

They explained, “There is no more vision needed, only execution and communications.” Kusama revealed they will now serve as “lead ambassador” of Shiba Inu.

“My job moving forward will be to guide projects interested in building with the 36 Chambers of Tech (rebranded to ShibOS simply because there are more than 36 now) and helping them implement global solutions at all levels with our technologies,” they added.

Kusama’s announcement led to some controversial responses. While some X users thanked them for their actions while serving as lead developer, others mentioned some of the project’s failures and blamed them for potentially running away.

It is worth noting that the statement should not be considered a huge surprise. After all, Kusama and Kaal Dhairya (another well-known Shiba Inu developer) previously said that they would step back by the end of 2024 and hand full control over to the community. 

Back then, Kusama claimed that the development was not about abandoning the project but rather “empowering the community even more than they already have.”

Meanwhile, Shiba Inu’s price has recovered from its local bottom and is currently worth around $0.00001896 (per CoinGecko’s data). This represents a 6% increase on a daily scale.

What About the Other Memes?

SHIB is not the only meme coin charting significant gains in the last 24 hours. Its biggest rival – Dogecoin (DOGE) – has spiked by 6.5%, while Official Trump (TRUMP), SPX6900 (SPX), MEOW (MEOW), Gigachad (GIGA), and others have soared by double digits.

On the other hand, Pudgy Penguins (PENGU) is one of the few suffering a substantial decrease. Its price has plummeted by 16% on a daily scale, with some X users suggesting there has been a “rug pull” scenario in place.