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Cryptocurrency News Video
Memdex100 MDX CRYPTO MEME COIN Bitcoin Dogecoin Pepe Solana
Mar 18, 2025 at 01:29 am Rosa Parks
Memdex100, or MEMDEX, is a memecoin launched on the Solana blockchain around October 1, 2024, with a total supply of 1 billion tokens. Designed for meme enthusiasts disillusioned with traditional finance, it prioritizes community engagement over financial utility, offering rewards for meme creation and social media activity. Trading on platforms like Raydium, Gate.io, and XT.COM, its price has fluctuated between $0.0106 and $0.052 USD in early 2025, with a market cap ranging from $10 million to $48 million. Built on Solana’s fast, low-cost network, it’s a playful, hype-driven project rooted in meme culture. The standout feature of MEMDEX is its "meme basket," a decentralized index of the top 100 memecoins, aiming to simplify exposure to the $120 billion memecoin market. This basket, still in development as of March 17, 2025, seeks to track and rebalance a curated portfolio of high-volatility memecoins, offering diversification through a single token. While swaps and royalty burns are being tested, details like coin selection, weighting, and mechanics remain unclear. The vision is bold—sparking a “memecoin supercycle”—but execution is incomplete, blending innovation with the speculative, chaotic spirit of memecoins. In essence, MEMDEX combines a community-focused memecoin with an ambitious, evolving index concept, appealing to those who thrive on meme-driven crypto adventures. Coin Address 83iBDw3ZpxqJ3pEzrbttr9fGA57tttehDAxoFyR1moon
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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