Vantard, the meme coin index fund that offers a portfolio of the top Solana meme coins, has recorded a massive uptick. Meanwhile, Bitcoin (BTC) is eyeing further gains after breaking above $94,000.
Why is this outlook good for the market and in particular, Vantard (VTARD)?
Bitcoin surges to above $94k
With Bitcoin price rallying to above $94,000 as it rides the latest wave of demand, investor attention is on what next. Analysts forecast a surge past $100k and a parabolic rise in 2025. ETF demand and options trading amid a positive regulatory environment are key catalysts in this perspective.
However, as investors eye the flagship digital asset’s bullish course, interest is firmly on potential gems primed for a bull market explosion. In the current market setup, the upcoming meme supercycle has many traders looking at what next.
This is because whereas Bitcoin has captured attention with its impressive surge, some meme coins have vastly outperformed it in the past few weeks. Moo Deng for instance is up 179% in the past week and 379% in the past month, outpacing the top coin’s 2% and 39% respectively in that period.
But MOODENG is just one of the top Solana-based meme gems in the Vantard Meme Portfolio, with the overall performance of the index aligning with anticipation that the market is on the verge of a supercycle.
Vantard meme index fund: for the supercycle?
Looking at the crypto market charts today, data shows Vantard meme coin portfolio tokens have cumulatively spiked more than 25%. In comparison, top coins like BTC, ETH and SOL are registering upsides of +0.5%, -2.4% and -3.7% respectively.
Notably, Popcat, Goateus Maximus and Michi have all slumped amid meme coins’ market dip of 4% in 24 hours. However, the performance of MOODENG and hehe tokens have lifted the index, setting up a rally for the basket when sentiment flips positive.
Vantard is currently offering access to its portfolio via the sale of VTARD, the token representing the basket of coins in the index. Having exploded to $500k in its pre-seed sale, Vantard has shot to another $860k in the ongoing seed sale.
This comes as meme coins such as Chill Guy smash it with over 500% gains in 24 hours. Rebalancing means Vantard’s meme index will eye similar performers in its portfolio. VTARD enables holders to ride this wave without worrying about how to spot the next 100x or 500x token.
That’s why an early entry, with current VTARD price at $0.00015, may be the best way to position.
Want to learn more about Vantard? Visit the official website here.
The post Vantard meme index fund explodes as Bitcoin breaks $94k appeared first on CoinJournal.
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