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Key takeaways
- Vantard has raised over $200k in its seed round so far, and it will increase the token price in two days.
- It is the first meme coin index in the world, granting investors access to a basket of Solana-based meme coins.
What is Vantard (VTARD)?
Vantard is one of the new projects that is helping diversify the cryptocurrency market. According to the development team, Vantard (VTARD) is the world’s first meme coin index.
It will help investors take advantage of the growing $45 billion memecoin market. Per the whitepaper, VTARD holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. The team explained that Vantard will hold a portfolio of top Solana-based meme coins.
As a meme coin index, Vantard will enable investors to broaden their cryptocurrency portfolio. Meme coins have become an important sector within the crypto space as they trade on attention and launch with fully circulating supplies, allowing fair and open market price discovery.
With Vantard, investors can fully leverage the ‘Memecoin Supercycle’ as it delivers exciting new projects to their portfolios. The YTD (year-to-date) performance of meme coins has outshone every other crypto sector and could surge higher in the coming months. Vantard is the ideal tool for making money in the meme coin supercycle.
Read more about the Vantard project here.
Vantard raises over $200k in its seed round so far
Vantard raised $500k in its pre-seed funding round and has now opened the seed funding round to investors. So far, the project has raised $200k in the seed round, with investors taking advantage of the opportunity to purchase $VTARD tokens at a discount.
Currently, $VTARD is worth $0.00011 per coin, and the price is set to increase to $0.00012 in two days. Investors can purchase the $VTARD tokens via the Vantard website using the USDC, USDT, and Ethereum coins.
Meme coins have a combined market cap of over $40 billion, which is expected to increase in the coming months and years. However, with thousands of meme coins now available, the challenge for investors is finding the ideal ones to invest in.
Thanks to the advent of Vantard, investors don’t have to worry about finding the best meme coins to invest in. Vantard does this on their behalf, choosing the best Solana-based meme coins to add to their portfolios. Vantard exposes investors to the upside in a light-touch investment vehicle. Vantard lets users ‘Ride the Memecoin Supercycle.’
Thanks to its exposure to meme coins, Vantard could outperform other major indices in the broader financial markets in the coming months.
Should you invest in the Vantard project?
The cryptocurrency market has already seen Bitcoin and Ethereum exchange-traded funds (ETFs). However, Vantard is setting a record by becoming the first index to track the leading meme coins on the Solana blockchain.
Thanks to its unique value proposition, the $VTARD token could be one of the top tokens in the crypto space in the coming bullish cycle. The Vantard token trades as a reflection of the Treasury’s NAV (Net Asset Value) and can be redeemed for the assets held in it.
With the right level of adoption, $VTARD’s value could soar in the coming months and years.
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
