{"id":7261,"date":"2021-11-16T13:04:05","date_gmt":"2021-11-16T13:04:05","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=7261"},"modified":"2024-02-25T14:03:21","modified_gmt":"2024-02-25T14:03:21","slug":"cage-meme-index-ccm-token","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/cage-meme-index-ccm-token\/","title":{"rendered":"What&#8217;s the Cage Meme Index: CMI Token"},"content":{"rendered":"\n<p>After issuing the\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/tokpie.io\/blog\/trade-c4g3-token-cage\/\">C4G3 cryptocurrency<\/a>, the CAGE platform has introduced the Cage Meme Index \u2013 CMI token. What&#8217;s that? It&#8217;s the index coin reflecting the price performance of five altcoins. Find more details in the following paragraphs. Also, get insights on how to trade CMI tokens on the Tokpie exchange.\u00a0<\/p>\n\n\n\n<p class=\"has-background has-pale-pink-background-color\"><strong>Update<\/strong>: Project\u2019s website is not working.<\/p>\n\n\n\n<p class=\"has-background has-light-green-cyan-background-color\">Update: the project is relaunching the coin.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">CAGE&#8217;s advantages<\/h2>\n\n\n\n<p>The&nbsp;<a target=\"_blank\" href=\"https:\/\/tokpie.io\/blog\/trade-c4g3-token-cage\/#Whats_the_CAGE_platform\" rel=\"noreferrer noopener\">CAGE is a crypto protocol<\/a>&nbsp;aiming to track the performance of top meme tokens and more. Also, the core team member is the Cage Master. He is a blockchain enthusiast and investor from Africa. Moreover, this man has already been working in the crypto industry on many startups since 2018. Besides, he has founded Scrate and Phoenix projects.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What&#8217;s the Cage Meme Index?<\/h2>\n\n\n\n<p>The Cage Meme Index is a pool that consists of an equal weight of the following cryptocurrencies:&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/tokpie.io\/blog\/trade-c4g3-token-cage\/#Whats_the_C4G3_token\">C4G3<\/a>,&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.etherscan.io\/address\/0x3832d2f059e55934220881f831be501d180671a7\">renDOGE<\/a>,&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.etherscan.io\/address\/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce\">SHIB<\/a>,&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.etherscan.io\/address\/0x761d38e5ddf6ccf6cf7c55759d5210750b5d60f3\">DOGELON<\/a>,&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/tokpie.io\/blog\/usd-coin-usdc\/\">USDC<\/a>. Hence, users can hedge their positions and decrease the price dump risks by obtaining a $CMI index token instead of purchasing each meme-coin separately.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"405\" src=\"https:\/\/tokpie.io\/blog\/wp-content\/uploads\/2022\/01\/mint_CMI.png\" alt=\"CMI minting\" class=\"wp-image-8095\"\/><figcaption>CMI&#8217;s minting.<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What&#8217;s the CMI token?<\/h2>\n\n\n\n<p>So, the CMI is an ERC20 token that reflects the price movements of four top meme altcoins and one stablecoin. Yes, that&#8217;s like an index on classical stock exchanges. Also, important to note that developers can take a streaming fee of 1% at any time. It means that the token&#8217;s creator can accrue a 1% annualized fee from the coin&#8217;s total market cap.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Token Name: Cage Meme Index<\/li><li>Symbol: CMI<\/li><li>Website doesn\u2019t work.<\/li><li>Token total supply: 14,010.<\/li><li>Smart contract address: <a rel=\"noreferrer noopener\" aria-label=\"0xbba8120b355bc70e771f28e151a141a126843cdf (opens in a new tab)\" href=\"https:\/\/etherscan.io\/token\/0xbba8120b355bc70e771f28e151a141a126843cdf\" target=\"_blank\">0xbba8120b355bc70e771f28e151a141a126843cdf<\/a>.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">How to buy CMI token?<\/h2>\n\n\n\n<p>To purchase CMI tokens for <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/eth-ethereum\/\" target=\"_blank\">ETH<\/a> or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/tether-usd-ethereum-blockchain-usdt\/\" target=\"_blank\">USDT<\/a> do three simple steps:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325617-4-Fund-your-account\" target=\"_blank\">Fund<\/a> your account with ETH or USDT. If you don\u2019t have crypto, you can <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/swap\/?crypto=ETH\" target=\"_blank\">purchase it with a bank card<\/a> in a few minutes.<\/li><li>Open the <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/tokpie.com\/view_exchange\/CMI-ETH\/\" target=\"_blank\">CMI\/ETH<\/a> or <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/tokpie.com\/view_exchange\/CMI-USDT\/\" target=\"_blank\">CMI\/USDT<\/a> order book and place your trade order to <strong>buy<\/strong>. Use this <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325637-5-Buy-or-sell-cryptocurrencies-\" target=\"_blank\">instruction<\/a> if you don\u2019t know how to place a trade order.<\/li><li><a href=\"https:\/\/tokpie.io\/blog\/cage-meme-index-ccm-token\/#How_to_withdraw_CMI_tokens\">Withdraw CMI<\/a> tokens to your personal ERC20 wallet or hold them on the account.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">How to sell CMI tokens?<\/h2>\n\n\n\n<p>To sell CMI tokens for <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/eth-ethereum\/\" target=\"_blank\">ETH<\/a> or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/tether-usd-ethereum-blockchain-usdt\/\" target=\"_blank\">USDT<\/a> do three simple steps: <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a href=\"https:\/\/tokpie.io\/blog\/cage-meme-index-ccm-token\/#How_to_deposit_CMI_token\">Deposit CMI<\/a> tokens into your account.<\/li><li>Open the <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/CMI-ETH\/\" target=\"_blank\">CMI\/ETH<\/a> or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/CMI-USDT\/\" target=\"_blank\">CMI\/USDT<\/a> order book, and place your trade order to <strong>sell<\/strong>. Read the <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325637-5-Buy-or-sell-cryptocurrencies-\" target=\"_blank\">instruction<\/a> if you don\u2019t know how to place a trade order.<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360004531817-How-to-withdraw-cryptocurrencies-from-your-Tokpie-account-\" target=\"_blank\">Withdraw ETH and USDT<\/a> to your ERC20 wallet or hold them on the account.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">How to deposit CMI token?<\/h2>\n\n\n\n<p>To deposit CMI tokens into your Tokpie account, follow this&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325617-4-Fund-your-account\" target=\"_blank\">guide<\/a>. Also, make sure that you are going to deposit <strong>ERC20<\/strong> tokens that relate to <a href=\"https:\/\/etherscan.io\/token\/0xbba8120b355bc70e771f28e151a141a126843cdf\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"this (opens in a new tab)\">this<\/a> smart contract address. If you deposit the wrong tokens or the wrong blockchain type, Tokpie could not identify your transfer.<\/p>\n\n\n\n<p><strong>Note:<\/strong>&nbsp;Tokpie doesn\u2019t charge any fees for depositing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to withdraw CMI tokens?<\/h2>\n\n\n\n<p>To withdraw CMI tokens from your Tokpie account, use this&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360004531817-How-to-withdraw-cryptocurrencies-from-your-Tokpie-account-\" target=\"_blank\">instruction<\/a>. Besides, you must have <strong>ERC20<\/strong> compatible wallet address to be able to withdraw tokens. Also, <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/fees\" target=\"_blank\">check the withdrawal commission<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Disclaimer<\/h2>\n\n\n\n<p>Also, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Useful links to trade CMI tokens<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Market to trade Cage Meme Index tokens: <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/CMI-ETH\/\" target=\"_blank\">CMI\/ETH<\/a> or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/CMI-USDT\/\" target=\"_blank\">CMI\/USDT<\/a>.<\/li><li>Also, check <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/#home__markets\" target=\"_blank\">trade statistics on Tokpie<\/a>.<\/li><li>Tokpie\u2019s <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/fees\" target=\"_blank\">trade fees and withdrawal commissions<\/a>.<\/li><\/ul>\n\n\n\n<p>For any questions, contact Tokpie at&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/tokpie\" target=\"_blank\">https:\/\/t.me\/tokpie<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the new altcoin that mirrors the value of top meme cryptocurrencies and USDC. In addition, get instructions on how to trade $CMI on Tokpie.<\/p>\n","protected":false},"author":2,"featured_media":7266,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,429],"tags":[12,427,1291,1424,1425],"class_list":["post-7261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-new-listings","tag-token","tag-erc20","tag-cage-protocol","tag-cage-meme-index","tag-cmi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What&#039;s the Cage Meme Index: CMI Token - New Listings ERC20<\/title>\n<meta name=\"description\" content=\"Find a description of the Cage Meme Index. Learn about the CMI token. 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