Release: 2024/12/06 20:19 Reading: 592
Bitget Launches GMCI Meme Index for Engaging with Crypto Culture
Victoria, Seychelles, December 5th, 2024
Bitget, a prominent global cryptocurrency exchange and Web3 company, has introduced the GMCI Meme index to its futures trading platform. This innovative index showcases the vibrant humor and creativity that define crypto culture while providing traders with access to a dynamic segment of the industry. Following the addition of the GMCI 30 index to its futures market, Bitget now offers users a wide selection of meme coins, expanding their portfolios with trending tokens.
The GMCI Meme index includes leading meme coins by market capitalization, featuring assets with significant societal and cultural impact. These coins, known for their viral appeal and strong community engagement, highlight the playful and influential aspect of blockchain technology.
"Crypto culture embraces creativity and community, and meme coins embody this spirit," said Gracy Chen, CEO of Bitget. "With the GMCI Meme index, we aim to enable traders to participate in a segment of the market that reflects innovation's lighter side while offering smart solutions and investment opportunities."
The index currently encompasses 25 leading meme coins, including DOGE, SHIB, and PEPE as the top three weighted assets. It also covers emerging meme coins such as BRETT, MOG, POPCAT, and DOGS. Based on GMCI data, the GMCI Meme index has an impressive year-to-date (YTD) return of 460% due to the hype surrounding meme coins in 2024.
The GMCI Meme Index is designed with transparency and integrity, incorporating assets that meet rigorous criteria, including active trading on major centralized exchanges and substantial circulating market capitalization. It emphasizes coins with strong communities and significant societal impact, reflecting the importance of collective engagement in the crypto space. The index is rebalanced monthly to ensure its dynamism and alignment with market developments. Serving as a cultural barometer, it offers traders insights into emerging trends shaping the crypto and Web3 communities.
With the addition of the GMCI Meme index, Bitget solidifies its position as a leading crypto exchange. This integration aligns with its strategy to provide users with diverse and innovative options that cater to both serious investors and those seeking engagement with the lighter side of crypto culture.
Users can visit Bitget Futures to begin trading.
About Bitget
Founded in 2018, Bitget is a global leading cryptocurrency exchange and Web3 company catering to over 45 million users in over 150 countries. Committed to empowering smarter trading, the exchange provides access to real-time Bitcoin and Ethereum prices, along with pioneering copy trading features and other trading solutions.
Previously known as BitKeep, Bitget Wallet offers comprehensive Web3 solutions including wallet functionality, token swap, NFT Marketplace, and DApp browser.
Bitget drives crypto adoption through strategic partnerships, serving as the Official Crypto Partner of the World's Top Football League, LALIGA, in Eastern, Southeast Asia, and Latin America. Additionally, the company collaborates with Turkish National athletes to inspire global communities to embrace the future of cryptocurrency.
For more information: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
Media Contact: media@bitget.com
Risk Warning
Cryptocurrency prices can fluctuate and experience price volatility. Only invest what you can afford to lose. Seek independent financial advice and consider your financial experience and standing before investing. Past performance is not indicative of future results. Bitget is not liable for any losses incurred. Do not construe this as financial advice.
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