BatonX To Launch $xMEME Meme Index Offering 50x Leverage Today
CryptoNewsTerminal Staff21 May, 2024
BatonX To Launch $xMEME Meme Index Offering 50x Leverage Today
BatonX, a global virtual asset exchange, announced on May 21 that it will list the Meme Index ($xMEME) at 18:00 UTC, allowing traders to access a diversified portfolio of popular meme-related assets. The index is comprised of leading meme coins, including Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), dogwifhat ($WIF), Floki ($FLOKI), Bonk ($BONK), Book of Meme ($BOME), Memecoin ($MEME), Popcat ($POPCAT), Brett ($BRETT), cat in a dogs world ($MEW), Degen ($DEGEN), Coq Inu ($COQ), and Myro ($MYRO). By trading $xMEME, traders can gain exposure to the overall performance of the meme coin market while benefiting from the leverage of up to 50x. This provides traders with the potential for amplified returns, but it also carries increased risk. The listing of $xMEME is a testament to BatonX's commitment to providing its users with innovative and accessible investment products. By offering access to a diverse range of meme-related assets, BatonX allows traders to participate in the growing popularity and potential profitability of this emerging market.
