After Vantard opened its pre-seed round on October 22nd, the markets spoke, with the round selling out $500K of tokens in less than 2 hours. Now its seed round is upon us, going live at 1pm, UTC today.
The VTARD token delivers an index for memecoin ownership, bringing the light-touch methodology popular among more traditional investors to crypto’s best-performing sector.
The meme sector is currently worth slightly shy of $60 billion, but memecoin supercycle bulls like Murad expect the total market cap to hit $1 trillion by the cycle peak. Memecoins have outperformed every other crypto sector ranked by YTD performance, and the best performers this cycle are new entrants like WIF, up nearly 1,600% YTD, and Popcat, up more than 15,000% YTD.
Vantard will hold these and more in its portfolio, allowing investors to ride the memecoin supercycle with ease.
The seed round tokens are available to buy on the official website.
Vantard introduces Meme Index Fund
Vantard’s Meme Index Fund (MIF) is a periodically rebalanced portfolio constituted of Solana’s top memecoins. Holders of the VTARD token gain all the exposure to the assets in the portfolio without the headache of selecting the winners.
The hype surrounding memecoins has been incredible this year, and typically in crypto cycles, early-stage trends enjoy a blow-off top in the late cycle period. This quarter has witnessed the beginning stages of retail investors returning to crypto, hungry to make gains, and a buoying M2 money supply. This arrival of retail alongside increased liquidity—a reliable bull signal for crypto—could push memes even higher according to analysts.
China continues to stimulate its economy fiscally, and with the Fed engaging in another cutting cycle, investors are betting on another era of ‘easy money’. All of this macro data and activity perfectly align with the final year in the four-year crypto cycle, where Bitcoin and other crypto assets have always made their most aggressive markup moves.
Lower rates have historically engendered more speculative behavior, and memes lie on the furthest edges of the risk spectrum. Memecoins are quintessentially the type of asset that performs best in a risk-on, easy money environment And Vantard’s fund allows anyone to reap the fruits of the memecoin supercycle in a familiar investment vehicle.
Vantard’s pre-seed round closed in less than 2 hours
Vantard sold out its $500,000 pre-seed round almost instantly. Its subsequent round opens today, Oct. 24, and anyone who missed out on the last round will have another chance to invest in the fund.
The index solution to memecoins brings the old money touch to the fringe of speculation, where outlandish returns are often the norm. Vantard has built an easy-access vehicle for anyone bullish on memecoins that does not want to spend every hour of their day in front of their computer trawling the trenches.
If the memecoin supercycle becomes a reality, Vantard’s YTD performance could be light years ahead of any other index—it’s no surprise round one ended so quickly.
Vantard’s seed round goes live at 1PM UTC today. Head to the Vantard website to learn more.