"MarketVector from VanEck has introduced the Meme Coin Index, tracking the six largest meme coins by capitalization. The index, which limits the weight of each coin to 30% to maintain diversification, is revised monthly. 📈

Dogecoin (DOGE) currently leads the index with 30.77%, followed by Shiba Inu (SHIB) with 28.34%. Newcomers Pepe (PEPE), Dogwifhat (WIF), Floki Inu (FLOKI) and BONK fill the remaining positions.

Despite a slight recent decline, the meme coin index is up 202% over the past year, demonstrating explosive growth and speculative interest in this unique segment of the crypto market."