TIME TBC – Proprietary trading firm Funded Prime has announced the launch of the world’s first dedicated Memecoin Challenge, giving traders access to crypto assets without the need to buy, sell, or hold them directly.
In many regions, government restrictions limit crypto trading due to its speculative nature, causing traders to miss out on major market movements. The Funded Prime Memecoin Challenge aims to solve this accessibility problem by enabling traders to engage with some of the market’s most talked-about memecoins — such as $SHIB, $TRUMP, and $PEPE — through Funded Prime’s simulated trading environment and real capital-backed accounts.
The challenge starts at just USD 55 for a USD 5,000 funded account, offering an affordable and accessible entry point into speculative markets that have historically been out of reach. In 2024, classic memecoins averaged 105% growth, and some analysts predict the memecoin market could surpass a USD 1 trillion market cap. Their popularity is largely due to accessibility and simplicity compared to more complex, tech-based altcoins.
“More recently, there has been high demand for memecoins like $WIF and $BONK, and they have become highly sought after by traders. Mainstream adoption has begun with the listing of memecoins on major exchanges like Coinbase and Robinhood. However, there is still a percentage of traders who can’t access memecoins — that’s where we step in.”
“Funded Prime’s Memecoin Challenge is paving the way for future innovations in the prop trading space. We’re hoping that, with this challenge, not only will it be a world first, but it will also act as a catalyst for uniting and expanding the crypto and prop trader communities. The goal is to make trading more accessible and engaging for both seasoned traders and newcomers,” says Venkat Guntur, Head of Product at Funded Prime.
Funded Prime is offering select memecoins for trading that are not available through most prop trading firms, providing unique market opportunities. In addition to access, Funded Prime is placing a strong emphasis on education and risk management. Traders can build experience in volatile, speculative markets, with the ability to “level up” their accounts as they progress.
The Funded Prime Memecoin Challenge will officially go live on Tuesday, August 12.
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