Pumpfun just launched their S&P 500 equivalent
Basically an index of the top performers on the platform. Could be a liquidity magnet if they nail the weighting and rebalancing mechanics.
Watch for:
• How they handle token inclusion/exclusion
• Fee structure
• Whether whales can manipulate the basket
This either becomes the benchmark for memecoin exposure or dies in 2 weeks. No middle ground.
Basically an index of the top performers on the platform. Could be a liquidity magnet if they nail the weighting and rebalancing mechanics.
Watch for:
• How they handle token inclusion/exclusion
• Fee structure
• Whether whales can manipulate the basket
This either becomes the benchmark for memecoin exposure or dies in 2 weeks. No middle ground.