it's Big & Big #alert About $DOGE , $SHIB & $PEPE !!!
VanEck’s Meme Coin Index Hits 195% As DOGE, SHIB, & PEPE Prices Rally
VanEck's meme coin index's yearly charts hit 195%, underscoring the notable market performance of DOGE, SHIB, PEPE, WIF, FLOKI, and BONK. The tokens' yearly charts show remarkable price rallies.
Amidst the cryptocurrency sector’s unprecedented performance this year, meme coins have once again seized the spotlight as Vaneck’s subsidiary’s meme coin index hit a staggering 195%, illustrating the immense potential of these coins to offer investors returns.
Encompassing the top six meme cryptos by global market cap, DOGE, SHIB, PEPE, WIF, FLOKI, and BONK, the index serves as a market cap-weighted overview of the price performance of the mentioned meme coins.
Recently, the data streamlined by this index showcased that yearly charts hit 195%, underscoring the significant price gains noted by the abovementioned meme coins over a year.
Here’s a closer look into this data and why it spiked whoppingly, a thrilling development for crypto market participants.
Meme Coin Index: Here’s Everything
VanEck’s subsidiary MarketVecto recently launched a meme coin index, streamlining the performance of six of the largest meme coins in the crypto industry.
The index’s component weightings were capped at 30%, including Dogecoin (30.77%), Shiba Inu (28.34%), Pepe (14.51%), dogwifhat (12.54%), Floki Inu (7.14%), and BONK (6.7%).
Notably, charts rose as high as 195% when comparing the yearly performance of these tokens, stirring market optimism.
In context, when looking at the abovementioned tokens’ yearly ‘price’ charts, it can be clearly seen that these coins noted phenomenal gains, with investors who entered the market at the right time making unprecedented profits in a year.
It’s also worth mentioning that the index’s graph uses UTC and not local time. Whereas, the year-to-date performance as of writing was evaluated to be 137.96%.
BIG BREAKING: Top US investment management firm with $101.9 billion in assets under management, VanEck, adds $FLOKI as a top #memecoin in its MarketVector Index. Memecoins are the best performing assets this cycle, and many top analysts have said #Floki will be THE main memecoin of this bull run.
#Floki named the title sponsor of Ireland Men's series against Pakistan
DUBLIN – $FLOKI , the cryptocurrency ecosystem, has been named as the title sponsor of the “FLOKI Ireland v Pakistan T20I Series” – a three-match series starting on Friday.
Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and most used cryptocurrency and intends to achieve this ambitious goal through a focus on utility, philanthropy, community, and marketing.
THE SERIES
Pakistan T20I Series 10 May 2024: Ireland v Pakistan (T20I; Clontarf; start 3pm) 12 May 2024: Ireland v Pakistan (T20I; Clontarf; start 3pm) 14 May 2024: Ireland v Pakistan (T20I; Clontarf; start 3pm)
Paul O’Sullivan, Business Development Manager for Cricket Ireland, said:
“We are pleased to welcome the team from FLOKI on-board and thank them, plus our long standing partners ITW, for their support for Irish cricket. As Irish cricket continues to grow in profile on the world stage, more globally-focused companies such as FLOKI, are seeking an association with our brand. The series, to be known as the ‘FLOKI Ireland v Pakistan T20I Series’, will be a hard-fought contest between two great teams, and with the support of FLOKI, it should also be a great occasion for fans.”
A Media Representative for FLOKI, said:
"It is with great enthusiasm that we at FLOKI step into a partnership with Irish cricket, an arena where the sport's heart beats as fervently as our dedication to being a cryptocurrency for all. Our alignment with the T20I series featuring Pakistan is a reflection of our belief that cricket, like FLOKI, transcends boundaries and unites people from all walks of life.
Our hope is that this partnership will not only elevate the experience of the series but also enhance the connection between the teams and their diverse, passionate fan bases. By supporting this much-anticipated cricket series, we are advocating for a sport that consistently raises the bar in athletic achievement and fan engagement."
#Binance Once you have blocked all the scammers... Once you have blocked all envelope sharing that starts with BP... Binance Square is a good place to be 👌👍 Stop that bad event and ban these scammers 🙏