This article discusses US President Donald Trump’s announcement that altcoins will be included in the government’s crypto strategic reserve. The announcement included adding Ether, XRP, Solana, and Cardano to the reserve alongside Bitcoin. The market reacted positively to the news, with a 10% increase following the announcement.
Crypto heavyweights such as David Sacks, Arthur Hayes, Changpeng Zhao, and Brian Armstrong weighed in on the news, with differing opinions on the inclusion of altcoins in the reserve. While some supported the move, others were skeptical and mentioned the need for congressional backing.
The article also explores the potential of meme coin indexes being added to the US crypto reserve in the future. It highlights the growing popularity and market capitalization of meme coins in 2024 and introduces the Meme Index ($MEMEX) as a decentralized meme coin index that offers asset diversification through different meme coin baskets.
The article concludes by suggesting that $MEMEX could be a promising investment opportunity for those interested in the meme coin market. It provides information on the ongoing presale of $MEMEX and encourages readers to do their own research before investing. It speculates on the possibility of meme coins like $DOGE, $PEPE, and $MEMEX being added to the US crypto reserve in the future.