A Year of Crypto Progress Under Trump – Crypto Meme Index Presale to 100x Early Investments

Source Bitcoinist

Lights, camera, action!

The Winklevoss twins get ready to list Gemini on the stock market, and Soneium (Sony’s blockchain project) launches its first music NFT collection.

The developments indicate that the year ahead looks to be one of big crypto progress, with the pro-crypto outlook under President Trump starting to take root.

As interest in crypto grows, look for the ‘trickle-down’ effect to hit crypto projects across the board – from big names like Gemini to crypto presales like Meme Index.

Time for a closer look at how things are going down.

Gemini Hits Wall Street

Cameron and Tyler Winklevoss weren’t fans of the previous administration, and they’ve eagerly jumped behind Trump, explicitly citing his pro-crypto, pro-business stances.

Both Winklevoss twins are no strangers to Wall Street, either, so the news that they’re considering an IPO for Gemini indicates just how bullish they are on the current outlook.

In the meantime, the move could also trigger another wave of big crypto stock listings.

Major players like Coinbase ($COIN) have been listed for years; it currently trades at $273 per share. But Gemini, who considered an IPO in 2021, famously didn’t go through with it at the time.

Gemini website

Now, with Circle (the company behind the $USDC stablecoin) already filing for an IPO, Gemini’s potential listing could be part of a surge of established crypto players going public.

Crypto Stocks Bode Well for Adoption

Crypto going public on the stock market achieves two purposes:

  • It deepens awareness of crypto companies and projects
  • It brings TradFi and crypto closer together

The more the two financial economies intersect, the more each one benefits.

As crypto moves mainstream, traditional companies are increasingly making crypto investments. One such example, Sony’s Soneium blockchain, just released its first-ever music NFT collection. The previously unreleased tracks, from NUU$HI, form NFTs that can be minted and sold on Sonova, Soneium’s NFT marketplace.

The initiative is clearly in its earliest stages, with little broader adoption so far. But as a first step, it’s significant, demonstrating serious, established companies like Sony evaluate crypto and web3 investments as well worth the risk.

Meme Index Applies Proven Stock Market Tool to Memecoin Market

In another indication of the stock market moving closer to crypto, the world’s first-ever decentralized memecoin index, the aptly-named Meme Index, moves ever-closer to launch.

The Meme Index presale passed $3.4M raised, with $MEMEX tokens priced at $0.0159713.

Meme Index

The idea is simple; create four indexes to track various baskets of meme coins, each one tailored to a different level of risk.

For true degens, chasing the biggest gains and taking the biggest risks, there’s the Meme Frenzy index.

Anyone looking for more established projects that still have a lot of room for price growth, there’s Meme Moonshot. Fancy even more risk? Meme Midcap targets memecoins that aren’t quite Frenzy-level, but still pack plenty of volatility.

And if you’d prefer established, proven meme coins – vintage Pepes, Doges, and Shibas – then Meme Titan is the index for you.

$MEMEX holders gain access to all of the above, and can allocate tokens between each. They also gain governance rights to help select the exact composition of each index.

To learn more, visit the Meme Index presale page.

$MEMEX Demonstrates New Era of Crypto Innovation

Favorable regulatory winds are pushing new cryptocurrency projects like $MEMEX to innovate more and more. Big crypto names mull stock market listings, while blue-chip public companies like Sony venture further into crypto waters.

It’s shaping up to be a good time to follow the crypto market. But don’t take our word for anything – always check and double-check your information to make the best decision.

And don’t miss the chance to diversify your risk profile with dynamic projects like Meme Index.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold price oscillates in a range below one-week top; bullish potential seems intactGold price (XAU/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow range during the Asian session on Wednesday, just below a one-week high touched the previous day.
Author  FXStreet
21 hours ago
Gold price (XAU/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow range during the Asian session on Wednesday, just below a one-week high touched the previous day.
placeholder
ADP Employment Change projected to show meager US job growth in JuneThe ADP Research Institute is poised to release its June Employment Change report on Wednesday, and it will explore the dynamics of private sector job gains.
Author  FXStreet
19 hours ago
The ADP Research Institute is poised to release its June Employment Change report on Wednesday, and it will explore the dynamics of private sector job gains.
placeholder
Solana (SOL) at Crossroads — Bounce Likely If $142 Remains IntactSOL price is now recovering and might aim for a fresh increase above the $150 zone.
Author  NewsBTC
17 hours ago
SOL price is now recovering and might aim for a fresh increase above the $150 zone.
placeholder
EUR/USD pulls back from highs as investors await further US employment dataThe EUR/USD pair posts moderate losses on Wednesday, trading near 1.1780 at the time of writing.
Author  FXStreet
18 hours ago
The EUR/USD pair posts moderate losses on Wednesday, trading near 1.1780 at the time of writing.
placeholder
Dogecoin Closes June In The Red With 14% Losses, Will July Be Any Better?With the close of June, the Dogecoin price has once again confirmed the bearish trend of the month.
Author  Bitcoinist
17 hours ago
With the close of June, the Dogecoin price has once again confirmed the bearish trend of the month.
goTop
quote