🔥Hot news about meme coins

*VanEck has just introduced:

-Essentially, VanEck has created an "investment basket" containing the 6 most popular meme coins (cryptocurrencies based on memes/jokes) currently - Dogecoin, Shiba Inu, Pepe, Dogwifhat, Floki Inu, and BONK.

-This index helps track the total market capitalization value of these 6 meme coins. It's similar to a stock index, but instead of tracking stocks, it tracks meme coins.

-To ensure they don't become overly reliant on any single coin, they have limited the weighting (percentage ratio) of each coin in the index to a maximum of 30%. This means the largest meme coin (Dogecoin) can only have a maximum 30% weighting.

-Additionally, the weightings will be rebalanced monthly to reflect changes in the value and market capitalization of the meme coins.

**VanEck creating this index shows that even major financial companies are recognizing the role of meme coins and want to create investment opportunities in them for both institutional and individual investors. In other words, "Wall Street" (symbolizing traditional finance) is now also starting to trade meme coins.#doge ,#pepe #SHİB