Most people think crypto is a scam. They're not wrong about most of it. MI500 is the boring fix: a single product that quietly accumulates the top 500 memecoins on your behalf, funded by its own transaction fees.
The Problem
The average normie has watched friends get rugged, seen 10,000 memecoins die, and concluded the whole space is gambling. They're 80% right.
But the top of the memecoin market — the survivors — keep going up. The problem isn't crypto. It's picking. And picking is what gets people rugged.
So we stopped picking. MI500 holds all of them, weighted by market cap, rebalanced weekly. One purchase. Zero homework.
Composition
The top 500 memecoins by market cap, weighted to reflect the market. Live composition below — click Buy to get all of them in one click.
One purchase. 500 memecoins. Settles instantly.
The Mechanism
Every time someone trades MI500, a 1% fee fires. That fee buys more of the underlying 500 — adding to the basket every holder owns a slice of.
Buys, sells, transfers — every on-chain action on MI500 triggers a 1% fee, routed to the index treasury.
The fee is automatically split across the 500 constituents at their current index weights. Bought, locked, accounted-for on-chain.
Every fee permanently increases the basket-per-token. NAV goes up. No emissions, no dilution, no claims.
Methodology
No fund manager. No insider picks. Just transparent rules executed by code.
Any memecoin in the top 500 by free-float market cap qualifies. CoinGecko/DexScreener aggregated.
Bigger memecoins get bigger allocations. Single-asset cap of 12% to keep one token from running the index.
Index reweights every Sunday 00:00 UTC. New entrants, dropped constituents, weight shifts — all logged.
If a constituent can't be bought or sold without moving the market, it's out. Liquidity is a feature.
By the numbers
FAQ