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News Explorer — VanEck's MarketVector Launches Meme Coin Index

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May 9, 7:31 am
Coindesk

VanEck's MarketVector Launches Meme Coin Index

VanEck has launchec a new index based on meme coins, with a projected yearly gain of over 195%. Meme coins currently have a market cap of $51 billion, with the MarketVector index tracking $44.67 billion of it. Meme coins are typically volatile, with price movements linked to their presence in the news cycle.

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