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Key takeaways
- Vantard’s seed round has crossed the $300k mark, with the price set to increase in 29 hours.
- The project has now raised over $800k after the initial $500k in the pre-seed round.
What is Vantard (VTARD)?
Investors are focusing on the United States presidential elections today. However, that hasn’t halted investments in emerging projects within the Web3 ecosystem. Vantard is a project that is attracting investment from the broader Web3 ecosystem.
In the whitepaper, the team described Vantard as the world’s first meme coin index. Vantard helps investors leverage the the growing $45 billion memecoin market.
The native VTARD holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. Vantard will hold a portfolio of top Solana-based meme coins.
As one of the first meme coin indices in the crypto ecosystem, Vantard will enable investors to broaden their cryptocurrency investment portfolio. This is crucial thanks to the growing importance of meme coins to the cryptocurrency landspace.
Vantard would enable investors to fully leverage the ‘Memecoin Supercycle’ as it delivers exciting new projects to their portfolios. Furthermore, this index will bridge an important gap in the market as meme coins have outperformed every other crypto sector since the start of the year.
Click here to read more about the Vantard project.
Vantard’s funding could hit $1m soon
Vantard has commenced its seed funding round and has raised over $300k within a few days. The seed round comes shortly after the project raised $500k in its pre-seed funding round. This brings the total funding to $800k and could surpass the $1m mark soon.
Investors are using this opportunity to purchase $VTARD tokens at a discount. According to the Vantard website, $VTARD is currently worth $0.00012 per coin, and the price is set to increase to $0.00013 in the next 29 hours.
Investors can purchase the $VTARD tokens via the Vantard website using the USDC, USDT, and Ethereum coins.
Vantard has the potential to be one of the leading cryptocurrencies in the ecosystem thanks to its unique value proposition as the first Solana-based meme coin index available to investors. Meme coins have a combined market cap of over $40 billion, which is expected to increase in the coming months and years.
Despite the growing interest in meme coins, the major challenge for investors is finding the right meme coins to buy, as there are hundreds of thousands of them available in the market. Vantard solves this with its meme coin index, which chooses the best Solana-based meme coins to add to their portfolios. The index lets users ‘Ride the Memecoin Supercycle.’
Should you invest in the Vantard project?
The Vantard seed funding round is ongoing and could be the perfect opportunity for investors to purchase $VTARD tokens at a discount. With the emergence of spot Bitcoin and Ethereum ETFs, institutional investors are flocking to the market.
Vantard is setting a record by becoming the first index to track the leading meme coins on the Solana blockchain. Its native $VTARD token could be one of the top tokens in the crypto space in the coming bullish cycle.
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
