VanEck Launches Meme Coin Index (MEMECOIN) Tracking Dogecoin, Shiba Inu & More
VanEck, a leading issuer of Spot Bitcoin ETF, has launched a new Meme Coin Index, aiming to bring transparency to the meme coin ecosystem. Now you can easily track the performance of leading meme coins like Dogecoin and Shiba Inu with this innovative index.
Introducing MarketVector’s Meme Coin Index (MEMECOIN)
Users can now track MarketVector’s Meme Coin Index, which trades under the symbol MEMECOIN, and tracks the top six meme tokens. This index provides a comprehensive overview of the meme coin market, allowing investors to monitor their performance and trends.
What Meme Coins Does MEMECOIN Track?
The largest holdings of the meme coin index are designed to reflect the dominant players in the market. VanEck’s MarketVector meme coin index is called ‘MEMECOIN.’ It will track the performance of the six largest meme coins by market cap. This includes Dogecoin (DOGE) and Shiba Inu (SHIB).
VanEck's MarketVector Introduces MEMECOIN: A High-Performing Index
VanEck’s MarketVector introduces MEMECOIN, tracking top meme coins with a remarkable 137.96% YTD return. Discover the potential of meme coins with this newly launched index. MEMECOIN uses a capped market cap-weighted approach to ensure a balanced and representative index.
Stay informed about the meme coin market with VanEck's MEMECOIN index. Track Dogecoin, Shiba Inu, and other leading meme coins with ease and transparency.