VanEck introduces a meme coin index, MEMECOIN, tracking top meme tokens like BONK, FLOKI, DOGE, PEPE, WIF, and SHIB. VanEck expands its portfolio beyond the HODL ETF, capturing the speculative liquidity of meme coins. DOGE and SHIB lead the index weightings as VanEck emphasizes the entertainment nature offered by meme coins, signaling an inclusion of cat-themed tokens shortly. Additionally, the index highlights the growing recognition of meme coins following the investment plans of Avalanche Foundation in late 2023. Overall, VanEck’s initiative strives as a significant step to legitimize meme coins, similar to Bitcoin’s integration into traditional markets through ETFs.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed