McCann's Meme Street Revolutionizes Institutional Meme Coin Investing

McCann's Meme Street Revolutionizes Institutional Meme Coin Investing, $MEMEX Likely to 100x as a Result

Joe McCann, a seasoned hedge fund founder with over 25 years of experience, has developed a unique approach to investing in meme coins. His flagship fund, the Technology Master Fund, ranks third globally in terms of 12-month cumulative returns as of March 2024. McCann's innovative strategy, Meme Street, combines traditional Wall Street risk mitigation techniques with the frenzy of the meme market.

McCann believes that maintaining emotional detachment is crucial for traders, especially during market downturns. The meme coin market, filled with euphoria, can make it challenging for investors to stay rational. Meme Street offers a more risk-measured and systemic approach to address this issue.

The rules of Meme Street include focusing on large exposure in blue-chip meme coins with a market cap of over $1 billion for at least 90 days. Additionally, the fund limits exposure to non-top 20% market cap coins to 2%. McCann then analyzes these meme coins using technical analysis and data, treating them like any other asset class.

In 2023, McCann observed a shift in stablecoin funds from Ethereum to Solana, which helped $SOL hold its resistance and soar in price. He placed a bet on $BONK, which saw a massive rally in Q4 2023. To exit a position, McCann studied real-time order flows to identify distribution trends, indicating it was safe to exit a meme coin trade.

McCann is bullish on Bitcoin and Solana in 2025 due to increasing institutional interest. However, he cautions that the period of easy money is over, and only strategic traders will survive. To mitigate risk in meme coin investing, McCann introduces Meme Index ($MEMEX), which offers four different meme coin baskets with varying degrees of volatility, risk, and profit potential.

Meme Index ($MEMEX) brings the concept of index funds to meme coins, providing a safer and more diversified investment option. The four indexes on offer are Meme Titan Index, Meme Moonshot Index, Meme Midcap Index, and Meme Frenzy Index