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PI Network Price Reaches New ATH: Will Meme Index See Similar Gains After Listing?

by JOSEPH NSIMBI | UG STANDARD REPORTER
27/02/2025
in Business, News, TECH
Reading Time: 4 mins read
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PI Network has surged to a new all-time high, defying the broader crypto market downturn. Meanwhile, the Meme Index ($MEMEX) presale is gaining traction as investors seek a structured way to navigate the volatile meme coin sector.
PI Network has surged to a new all-time high, defying the broader crypto market downturn. Meanwhile, the Meme Index ($MEMEX) presale is gaining traction as investors seek a structured way to navigate the volatile meme coin sector.

PI Network has emerged as one of the biggest gainers in the crypto market, reaching a new all-time high (ATH) of nearly $3. While most cryptocurrencies continue to struggle, PI has surged by 35% in the past 24 hours, fueled by speculation that Binance may soon list the token. With the potential listing vote showing 86% support, the excitement surrounding PI’s inclusion on the world’s largest exchange has sent demand soaring.

If PI’s self-reported $18 billion market cap proves accurate, the token would rank as the 11th-largest cryptocurrency, sitting just behind Cardano (ADA) and Dogecoin (DOGE). This remarkable climb has led to increased speculation over how much higher PI could go, with some in the community predicting price targets of $4 or even $40 in the near future.

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While PI’s future remains uncertain, the Meme Index ($MEMEX) presale is rapidly approaching $4 million. Unlike traditional meme coins, which rely heavily on celebrity hype and speculation, Meme Index provides structured exposure to the meme sector, offering investors a safer, diversified alternative.

PI Network Surges as Binance Listing Speculation Grows

The recent surge in PI’s price has been one of the few bright spots in an otherwise bearish market. While Bitcoin and Ethereum struggle to reclaim previous highs, PI has pushed higher, bucking the trend.

Binance’s ongoing community vote has played a major role in driving this rally. With over 86% of participants voting in favor of PI’s listing, the possibility of increased liquidity and accessibility has fueled buying interest.

Other exchanges, including Bitget, OKX, and MEXC, have already listed PI, giving investors a taste of what broader exchange support could mean for the asset’s value. However, not all platforms are convinced. Bybit’s CEO, Ben Zhou, has openly called PI a scam, stating that Bybit will not list the asset.

Despite the controversy, PI’s price momentum has drawn comparisons to previous meme coin cycles, where hype-driven assets defied logic to post exponential gains. But will PI’s surge hold, or is this just another speculative bubble?

Meme Index Raises $4M as Investors Seek Safer Meme Coin Exposure

While PI dominates headlines, another major development is unfolding in the meme coin sector. The Meme Index ($MEMEX) presale is closing in on $4 million, positioning itself as a smarter alternative to speculative meme coin investments.

The recent wave of celebrity-backed meme coin scandals has left many investors wary. Kanye West’s rumored YZY token, which he later denied involvement in, sparked confusion and fears of another rug pull. Meanwhile, Libra ($LIBRA), linked to Argentina’s President Javier Milei, collapsed after allegations of insider manipulation.

GET IN EARLY—BUY MEME INDEX BEFORE THE NEXT PRESALE PRICE INCREASE

These events have highlighted the risks of investing in unregulated, hype-driven meme coins. Meme Index provides an alternative approach, allowing investors to diversify across multiple meme coins while reducing exposure to highly speculative assets.

Meme Index Offers a Smarter Way to Invest in Meme Coins

Instead of chasing individual meme coins that rise and fall based on celebrity influence, Meme Index pools multiple meme assets into structured indexes. This approach mitigates risk while still allowing exposure to the meme sector’s explosive growth.

The project’s core product is its set of meme coin indexes, which allow investors to choose their level of risk and exposure. Options range from established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) to high-risk, high-reward micro-cap meme tokens.

Investors must hold $MEMEX tokens to access these indexes, giving them influence over which assets are included. This decentralized approach helps prevent manipulation and pump-and-dump schemes, making it an attractive option for those seeking long-term exposure to meme coins.

Screenshot

Meme Coins Face a Reckoning – Will Structured Investing Take Over?

The meme coin sector has seen major declines, with the market cap dropping from $116 billion to just $58 billion since January. While some blame broader market conditions, others point to the constant wave of celebrity-driven pump-and-dump schemes that have damaged trust in the space.

JOIN THE MEME INDEX PRESALE NOW BEFORE THE NEXT PRICE INCREASE

Matt Hougan, CIO of Bitwise, believes the future of meme investing lies in structured products like Meme Index. Crypto ETFs have already revolutionized institutional investing, and a meme coin index ETF could be next.

While this is still speculative, the growing demand for more stable meme coin exposure suggests that structured investment vehicles like Meme Index may be paving the way for this future development.

Is PI the Next Big Thing, or Is Meme Index the Safer Bet?

PI Network’s explosive rally has captured the attention of crypto traders worldwide. With Binance’s listing vote nearing completion, all eyes are on whether PI will gain additional exchange support and maintain its bullish momentum.

At the same time, the Meme Index presale surges close to $4 million, proving that investors are actively seeking safer alternatives in the volatile meme coin sector. By diversifying across multiple meme coins, Meme Index offers a structured way to capitalize on the sector’s growth without the risks associated with individual token launches.

For those looking to enter the meme coin market strategically, Meme Index provides an ideal opportunity to gain exposure without falling victim to celebrity-driven pump-and-dump schemes.

With structured investing gaining traction, Meme Index could be the next major success story in the meme coin space.

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Tags: $MEMEXBinanceBitwisecrypto marketcrypto tradingCryptocurrencyDogecoinETFInvestmentlistingMeme coinsMeme Indexpi networkRisk ManagementShiba Inustructured investingvolatility

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