The price of the SPX6900 (SPX), a Memecoin living in the Ethereum and Solana network, touched on the level of USD 1 per unit, thus bringing its market capitalization (i.e., the value of all SPXs in circulation) to USD 1,000 million.
It is a token promoted by the enthusiast community of investors they seek, usually “overcoming the S&P 500” in social network publications. In fact, the SPX ticker is the same as used to refer to the S&P500, the most representative index of the US economy.
Token SPX prices have risen by more than 30% in the last 7 days And the rise has been 10% over the past 24 hours. This makes SPX the second cryptoactive (within the top 100 per market capitalization) that has risen weekly, as seen in the image below.
As you can see in the previous table, there are several altcoins in profits, both daily and weekly. This is a sign of that Investors have a high risk appetiteit turns into these highly volatile assets.
Furthermore, in the case of SPX, mountain climbing does not come suddenly. Assets have a persistent bullish trend since March 2025this is evidenced in the image below. There, the intersection of mobile socks for the 10th and 20th periods serves as a confirmation of the current upward trend of the SPX6900.
In addition to community support, memo coins The SPX6900 has the “blessing” of influencer Murad Mahmudov As reported by WHO-Cryptootics, a project in which a hyper-bullying cycle is being developed, primarily in favour of memokine.
Mahmudov (former Maximalist Bitcoiner became a fan of Memecoins) believes the SPX6900 could reach over $100 per unit. It is worth making clear that this prediction appears unlikely, at least until the date of this memo’s publication, as it implies that tokens are one of the 10 most valuable in the market. A huge amount of money must join the Altcoins market, especially the SPX6900, so this rise should occur.
explanation: This article is written as a useful method and does not constitute an investment recommendation or a financial council. Each investor is responsible for conducting his own research.
(tagstotranslate)altcoins
