FRANKFURT, Germany (April 22, 2024) — MarketVector IndexesTM ("MarketVector") launches the MarketVectorTM Meme Coin Index (MEMECOIN).
The MarketVectorTM Meme Coin Index is a modified market cap-weighted index that tracks the performance of the 6 largest meme coins. "Meme coin" refers to crypto assets often named after characters, individuals, animals, artworks, or other memetic elements.
It is calculated in USD as a price index and the index values are disseminated to data vendors every 15 seconds.
Detailed information about the index, including methodology details and index data, is available on the MarketVector website.