๐ BitMEX, a leading crypto derivatives exchange, has launched a new index, MEMEMEXTUSDT Basket Index Perpetual Swap Contract, offering traders exposure to the top 10 memecoins by market cap. This move is in response to the growing demand from users wanting to capitalize on the memecoin frenzy. ๐ฐ The index, traded against Tether's USDT stablecoin, simplifies trading by aggregating multiple memecoins into a single product, improving liquidity and enabling easier trade execution. What are your thoughts on this? Comment below! ๐