Bitcoin
Bitcoin (BTC)
$68,822.00 -0.25057
Bitcoin price
Ethereum
Ethereum (ETH)
$3,850.20 2.92738
Ethereum price
BNB
BNB (BNB)
$600.69 -0.19929
BNB price
Solana
Solana (SOL)
$162.46 -2.85472
Solana price
XRP
XRP (XRP)
$0.5300310 -1.47999
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -1.87975
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000159 4.62782
Pepe price
Bonk
Bonk (BONK)
$0.0000347 -2.53415
Bonk price
Bitcoin
Bitcoin (BTC)
$68,822.00 -0.25057
Bitcoin price
Ethereum
Ethereum (ETH)
$3,850.20 2.92738
Ethereum price
BNB
BNB (BNB)
$600.69 -0.19929
BNB price
Solana
Solana (SOL)
$162.46 -2.85472
Solana price
XRP
XRP (XRP)
$0.5300310 -1.47999
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -1.87975
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000159 4.62782
Pepe price
Bonk
Bonk (BONK)
$0.0000347 -2.53415
Bonk price
Bitcoin
Bitcoin (BTC)
$68,822.00 -0.25057
Bitcoin price
Ethereum
Ethereum (ETH)
$3,850.20 2.92738
Ethereum price
BNB
BNB (BNB)
$600.69 -0.19929
BNB price
Solana
Solana (SOL)
$162.46 -2.85472
Solana price
XRP
XRP (XRP)
$0.5300310 -1.47999
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -1.87975
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000159 4.62782
Pepe price
Bonk
Bonk (BONK)
$0.0000347 -2.53415
Bonk price
Bitcoin
Bitcoin (BTC)
$68,822.00 -0.25057
Bitcoin price
Ethereum
Ethereum (ETH)
$3,850.20 2.92738
Ethereum price
BNB
BNB (BNB)
$600.69 -0.19929
BNB price
Solana
Solana (SOL)
$162.46 -2.85472
Solana price
XRP
XRP (XRP)
$0.5300310 -1.47999
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -1.87975
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000159 4.62782
Pepe price
Bonk
Bonk (BONK)
$0.0000347 -2.53415
Bonk price
SirWin
SirWin
SirWin

VanEck’s MarketVector launches Meme Coin Index

vanecks-marketvector-launches-meme-coin-index
Edited by
News
VanEck’s MarketVector launches Meme Coin Index

VanEck’s MarketVector introduced the Meme Coin Index, a benchmark tracking market capitalization’s six largest meme coins.

The index, which caps individual coin weightings at 30% to maintain diversification, is reviewed monthly to stay current. This cap ensures that no single coin disproportionately influences the index. The MEMECOIN index is a tool for institutional and retail investors, offering insights into a volatile and emerging market.

For institutional investors, the tool provides a structured entry point into the unpredictable meme coin market. The index offers a consolidated view of its most influential assets and reduces the need for direct exposure to individual coins. On the other hand, retail investors can use the index to understand their favorite coins’ relative performance and market share.

“If memes are the new alpha, this new index from MarketVector may capture the zeitgeist of the crypto space in a way no other benchmark can,” Matthew Sigel, VanEck’s Head of Digital Assets Research, told crypto.news. “We look forward to seeing what others will build on top of it.”

VanEck's MarketVector launches Meme Coin Index - 1
Credit: VanEck

Dogecoin (DOGE) currently leads the index at 30.77%, highlighting its established presence, followed closely by Shiba Inu (SHIB) at 28.34%. Newcomers Pepe (PEPE) at 14.51%, Dogwifhat (WIF) at 12.54%, Floki Inu (FLOKI) at 7.14%, and BONK at 6.7% round out the remaining weightings.

Despite a small, recent dip, the meme coin index has surged over 202% in the past year, providing a window into the explosive growth and speculative interest in this unique segment of the crypto market.