Meme Index (MEMEX) has entered the final seven days of its presale.

The project has raised over $4 million so far and is set to debut on exchanges in early April – marking the first time MEMEX tokens will be available for public trading.

MEMEX token presale enters final week with over $4m raised

With just days to go, Meme Index’s presale has been gaining attention on crypto Twitter. 

The project is raising tens of thousands daily, with the presale price fixed at $0.0166883 before the exchange launch.

Investors worldwide are taking part – hoping to gain early exposure.

MEMEX tokens can be bought using ETH, USDT, BNB, or even a regular bank card. 

The development team has also partnered with Best Wallet to allow in-app purchases.

Meanwhile, attention is turning to Meme Index’s staking program, which is already live during the presale. 

It allows early MEMEX buyers to stake their tokens for yield – even before the token hits exchanges.

Estimated annual yields sit at 549%, though these rates will decrease as more users stake their MEMEX.

Staking rewards will be distributed over three years.

The mix of presale momentum and staking rewards has helped Meme Index grow a large following on X (Twitter) and Telegram.

How Meme Index’s four-tiered system brings index fund approach to meme coins

Meme Index’s team aims to solve one of crypto’s most persistent problems – the volatility of individual meme coins.

Their platform lets investors gain exposure to collections of meme coins via four indexes - rather than just buying one or two tokens.

It’s similar to traditional index funds but applied to the meme coin space.

Each index targets a different segment - Meme Titan focuses on the more prominent names, while Frenzy features low-cap plays.

There are also the Midcap and Moonshot indexes for more balanced options.

Notably, these indexes aren’t static.

MEMEX holders can vote on which coins are included in each index, giving the platform flexibility to adapt to changing market trends.

The goal is to keep each index relevant as new meme coins rise and others fade.

According to Meme Index’s whitepaper, 20% of the token supply is allocated to governance voting and the project treasury.

How Meme Index’s team plans for long-term growth

Meme Index’s launch coincides with a difficult period in the meme coin space.

Most coins, including DOGE and PEPE, have struggled in recent weeks – dropping sharply from local highs.

But by offering diversified exposure, Meme Index aims to reduce the volatility often associated with buying individual meme coins. 

The project’s roadmap outlines how the team plans to roll out Meme Index’s features.

After MEMEX’s launch, the team will transition into governance mode, allowing token holders to begin voting.

This phase will shape how Meme Index expands its features over time.

Security is also a priority, with audits from Coinsult and SolidProof returning clean results.

Meme Index also includes a deflationary model - part of each transaction fee and staking reward will be burned regularly.

The aim is to reduce the MEMEX supply over time, potentially making the remaining tokens scarcer.

With the team focused on long-term development, the last week of the presale is a key moment for anyone looking to gain exposure before MEMEX makes its debut on exchanges.