Meme Index into predictive markets is a fascinating development in market microstructure. Volatility indices have long served as proxies for market sentiment in traditional finance, and applying a similar construct to memecoins inherently sentiment-driven assets is a logical progression. The real-time aggregation of over 70 tokens introduces a dynamic risk gauge for decentralized betting markets, potentially improving pricing efficiency and liquidity allocation. However, its utility will ultimately depend on the index’s resistance to manipulation and its ability to reflect meaningful market signals rather than transient social media cycles.