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VanEck index to track top meme coins
VanEck's MarketVector has joined the meme coin trend with a new index called the Meme Coin Index, traded as MEMECOIN. It tracks the top six meme tokens, DOGE, SHIB, PEPE, WIF, FLOKI, and BONK. The index has performed impressively, up over 195% annually. Meme coins have a market cap of $51 billion and the MarketVector index tracks $44.67 billion of it.
