SPX6900 price just hit a new ATH, soaring over 80% this week, and analysts predict SPX crypto will mount major gains as the SPX meme coin goes viral – let’s take a look.
In a major shake-up for meme coin markets, SPX hit another all-time high, reaching a market cap of $1.44 billion a few hours ago. This upward momentum has driven its price up by more than 80% in the past week alone.
With Bitcoin rising, the market looks green, but SPX6900 is stealing the spotlight. Holders quickly point out that this meme coin hasn’t even been listed on major exchanges yet (it’s only on Binance Futures for now). Could additional exchange listings send SPX even higher?
$spx is now at 92 and will continue to rise, and you are still trading. That's stupid.@spx6900 #SPX6900 pic.twitter.com/lUFnbuH2tv
— Reydalio 💹🧲 (@reydaliocrypto) January 5, 2025
Indeed, SPX6900 continues to climb the rankings and now holds the #81 spot overall, possibly suggesting it still has room to grow even further as the bull run continues into 2025.
SPX Price Action: How High Can SPX6900 Climb in Q1, 2025?
(SPXUSDT)
From early November to mid-December, SPX’s market cap fluctuated between $500 million and $900 million. It finally broke above $900 million in late December, signaling a breakout from that range.
The 200-day moving average (around $750 million) was strongly supported throughout this period, with the price never dropping below it. Breaking above the 200-day MA and the top of the old consolidation zone is a bullish sign. This is especially true with rising trading volume, which suggests growing buyer interest.
Now, the market cap sits near all-time highs (around $1.3–$1.4 billion). If it holds and consolidates here, it could form new support. However, a sharp rejection might cause the price to retest the $900 million level.
A break below $900 million on high selling volume would warn that the breakout is weakening. On the other hand, if a pullback happens on low volume, it may just be a minor dip before another move. A strong push above the recent high would confirm continued upward momentum.
Meme Index: Meme Coins Are Coming For TradFi Ad They Are Tokenized!
Crypto is starting 2025 on a positive note. Even major coins like Bitcoin and Ethereum are showing steady gains. Meme coins, however, are capturing extra attention. We just discussed SPX6900 ($SPX), which surged by more than 20% daily. But in general, this week has been good for meme coins. Who’s the next big winner?
This success story has many investors looking for the next standout meme coin project. Some are wondering if they should hold SPX6900 or look elsewhere. In the short term, a pullback with early investors taking profits is totally possible for SPX6900, profits that will be invested somewhere else.
Meanwhile, Meme Index ($MEMEX) is already turning heads. It has raised $1.9 million in a presale that began only a few weeks ago.
The Meme Index’s concept is to provide managed exposure to various meme coins through four indexes (Meme Titan, Moonshot, Midcap, and Meme Frenzy), each offering different risk levels and potential returns. Each basket contains multiple meme coins, from mainstream tokens to highly volatile ones.
This setup offers convenience and diversification. You can hold $MEMEX and gain exposure to a range of them. You can pick a basket that suits your style. If you prefer more stable meme coins, choose the Titan Index. The Frenzy Index might be a better fit if you want higher risk.
Staking is another core feature. During the presale, $MEMEX can be staked for up to 1,216% APY. Once the token launches on exchanges, holders can claim their rewards and continue staking if they wish. Presale tokens are currently priced at 1 $MEMEX = $0.0149831.
Meme Index is also a governance project. If you hold $MEMEX, you can propose new meme coins to add or remove from each basket. You can also vote on key decisions that shape the platform’s future. This means the community decides which new meme coins deserve attention.
All these elements make the Meme Index more than just another meme token. It’s a platform for anyone who wants to explore meme coins without managing multiple wallets.
The presale is already seeing strong support, and with $1.9 million raised, it’s clear that some investors believe in this new approach. If you’re searching for a meme coin project with flexibility and community input, Meme Index may be worth a closer look.
Investors can acquire $MEMEX through multiple payment methods (including USDT, ETH, BNB, or a bank card). Audits by Coinsult and SolidProof have verified the platform’s security.
EXPLORE: Should You Be Worried About KASPA Crypto: $20M Unlock Set to Rock KAS Price
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