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Will the Rally Before Ripple 2025 Begin? Another New One Added to XRP Alternative Coins! - Coin Bulletin
Popular crypto coin Ripple continues to have eventful days. Following Donald Trump's election as president and SEC Chairman Gary Gensler's announcement of stepping down, Ripple has started to rise, signaling a rally before 2025
Despite the decline in XRP price, Ripple whales continue to make purchases. According to recent data, whales have shown their confidence in XRP by buying a total of 40 million XRP, taking advantage of the low prices, despite the general volatility of the market. The whale activity in XRP is exciting, and the project, which offers the opportunity to buy Meme Index tokens at low prices with its newly started presale, is making a fast entry into the crypto world.
Crypto analyses show that major investors continue to accumulate XRP, and this is interpreted as a rally indicator. Expert Ali Martinez says that whales have made a transfer of XRP worth 132 million dollars in a short period of time, but the purpose of this move is unknown. Experts claim that XRP purchases could be part of a larger plan.
As XRP gains trust, another addition is made to the list of XRP alternative coins. Let's take a look at the Meme Index project, which enters the list of XRP alternative coins together.
What is the Meme Index?
Crypto enthusiasts usually prefer certain cryptocurrencies when trading meme coins. For example, a meme coin investor may choose to hold Shiba Inu in the hope of its value increasing, while ignoring Pepe, Dogwifhat, and some other top 10 meme coins. Meme Index is coming to change this habit. Users can create a meme coin basket with Meme Index, allowing them to access multiple cryptocurrencies at the same time without having to buy them one after another.
The project, which offers the opportunity to purchase Meme Index tokens at low prices with its pre-sale, is preparing to change the crypto experience of meme coin enthusiasts. Meme Index combines various meme coins in uniquely selected indexes. Thanks to the innovative platform, investors can select coins that will rally and reduce their risk levels. Meme Index allows users to join four meme coin baskets. These baskets vary according to risk levels.
The Meme Index platform offers MEMEX token holders the opportunity to make proposals and vote on them. These features put the future of the ecosystem in the hands of platform users. Since participants have the opportunity to vote for coins to be added to the basket, the votes affect the types of coins in the baskets.
MEMEX also allows users to stake their tokens for high APY returns from the presale. This enables participants to earn passive income with the MEMEX token.
Meme Index Enters the Crypto World Quickly
The pre-sale event, which has just started, is attracting the attention of investors and has reached $350,000 in funds collected so far, is making its mark on the last days of 2024.
Investors who want to diversify their risk and create different baskets are rushing to buy Meme Index tokens in the pre-sale. The reason for the popularity of Meme Index tokens is not only risk sharing. Reasons for the demand for Meme Index tokens include governance rights, the chance to determine the future of the project, high APYs, and staking rewards.
Most importantly, $MEMEX also allows its holders to see the hottest trends in the meme coin market. The increasing demand for the token indicates a growing interest in the meme coin market. The fact that the project's smart contracts have been audited by industry leaders like Coinsult and SolidProof clarifies any concerns regarding the presale.
How to Buy Meme Index Token?
15% of MEMEX tokens are allocated to pre-sale, 25% to staking mechanism, 20% to marketing, 20% to community rewards, and 20% to governance. The token price increases with each stage of the gradual pre-sale.
The gradual pricing strategy is advantageous for early investors because the earlier an investor buys MEMEX tokens, the lower the payment, and the potential gains before exchange listings become higher.
MEMEX token is currently finding buyers at $0.0145702. The countdown tool on the project page shows the remaining time for the price increase. Investors can purchase MEMEX tokens with ETH, USDT, BNB, and card transactions.
Those who purchase MEMEX tokens can lock their tokens in the staking pool with a current rate of 5007% APY. The number of staked tokens has already exceeded 20 million, and the reward per ETH block is set at 380.5 Meme Index tokens.
Disclaimer:
Coin Bulletin is not responsible for any damages or losses related to any product or service mentioned above. Coin Bulletin encourages readers to do their own research regarding the company and the products or services it offers in this sponsored post.