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CoinDesk Indices Launches CoinDesk 100 and Memecoin Indices

CoinDesk Indices announced at the Consensus Hong Kong conference that it has launched two index products that track the price fluctuations of the 50 largest memecoins and the top 100 tokens by market capitalization, in order to meet the demand of institutional and professional investors seeking upside space in different cryptocurrencies. The CoinDesk Memecoin Index will track the 50 largest memecoins by market cap, including dogecoin (DOGE), shiba inu (SHIB), floki (FLOKI), and others, while the CoinDesk 100 Index is a single benchmark for the top 100 tokens by market cap.