Vantard, a meme coin index fund that offers a portfolio of top Solana meme coins, posted a significant increase. Meanwhile, Bitcoin (BTC) is aiming for further increases above $94,000.
Why is this outlook good for the market, especially for Vantard (VTARD)?
Bitcoin soars above $94,000
With the latest wave of demand pushing Bitcoin's price above $94,000, investors are focused on what happens next. Analysts are predicting a jump and parabolic rise above $100,000 in 2025. ETF demand and options trading in a positive regulatory environment will be key catalysts in this regard.
But as investors focus on the bullish trajectory of flagship digital assets, there is intense interest in potential gems that could be primed for a bull market explosion. In the current market situation, the upcoming meme supercycle has many traders focused on what will happen next.
This is because while Bitcoin has been in the spotlight for its impressive surge, some meme coins have significantly outperformed Bitcoin over the past few weeks. For example, Moo Deng is up 179% over the past week and 379% over the past month, outpacing the top coins' gains of 2% and 39%, respectively, over this period.
However, MOODENG is just one of the top Solana-based meme gems in the Vantard meme portfolio, and the index's overall performance is consistent with expectations that the market is on the brink of a supercycle.
Vantard Meme Index Fund: Ready for the Supercycle?
Looking at today’s crypto market charts, data shows that Vantard Meme Coin Portfolio tokens have soared more than 25% cumulatively. In comparison, top coins such as BTC, ETH, and SOL recorded increases of +0.5%, -2.4%, and -3.7%, respectively.
Notably, Popcat, Gotheus Maximus, and Michi all fell as the meme coin market fell by 4% in 24 hours. However, the performance of MOODENG and hehe tokens will push the index higher, causing a rise in the basket when sentiment turns positive.
Vantard currently provides access to its portfolio through the sale of VTARD, a token that represents a basket of coins within the index. Vantard rose to $500,000 in the pre-seed sale and another $860,000 in the ongoing seed sale.
This comes after meme coins such as Chill Guy recorded gains of more than 500% in 24 hours. Rebalancing means that Vantard's meme index looks at similar performance within the portfolio. VTARD allows holders to ride this wave without worrying about how to find the next 100x or 500x token.
Therefore, an early entry with the current VTARD price of $0.00015 may be the best way to take a position.
Want to know more about Vantard? Visit the official website here.
