The cryptocurrency market as an entire has dipped by 0.3% immediately, with SPX6900 among the many greatest winners within the high 100, having posted a 7.5% achieve up to now 24 hours.
SPX6900 has additionally posted a formidable 19% return within the final 30 days, with the meme token’s current rise coming because the S&P 500 and Nasdaq attain document highs.
The Ethereum-based token has styled its memes after the dot-com bubble of the late 90s and early 2000s, but it’s not the one new alt that has taken this method.
Additionally promising is TOKEN6900 (T6900), one other Ethereum-based coin that launched its presale earlier this week, and which has now raised $125,000.
With S&P 500 At Document Highs, Crypto Specialists Tip TOKEN6900 And SPX6900 Subsequent
Truly launched again in August 2023, SPX6900 has wanted the reelection of Donald Trump to regain the market’s consideration, with the coin hitting an ATH of $1.73 on June 11 of this yr.
It has declined by 25% since this peak, but it has lately regained a few of its earlier momentum, with its chart immediately suggesting that it might be about to make an enormous transfer.
Its current tops and bottoms have shaped a bullish flag, with the SPX6900 value doubtlessly on monitor to interrupt from this area to increased ranges.
We additionally see its RSI (yellow) bouncing above 50 once more, doubtlessly on the right track for 70 or increased within the coming days.
Not solely are SPX6900’s technicals promising, however analysts are predicting that it could be at solely the start of its ascent, with extra rallies but to return.
There are numerous causes to be bullish about SPX6900, together with the truth that main asset supervisor Blackrock really holds over $100,000 within the token.
That is uncommon for a meme coin, suggesting that massive cash is assured in SPX’s means to develop into the subsequent massive token.
Nevertheless, it’s not the one S&P-themed token to have potential, with the newly unveiled TOKEN6900 additionally turning heads.
It opened its presale initially of the week, and has already raised $125,000, which stands as a powerful vote of confidence within the coin.
Why TOKEN6900 is Completely different
However what’s attention-grabbing about TOKEN6900 is that it has raised this quantity, not as a result of it has promised robust fundamentals and utility, however as a result of it has promised precisely the other.
As a substitute of providing a platform or product, TOKEN6900 is making a advantage out of providing nothing apart from “Delusion, Irony, And The Collective Hallucination Of Terminally On-line Merchants.”
It’s billing itself as a pure meme coin, one sustained solely by the fervor and zeal of its group, in addition to by the viral nature of its advertising and marketing and social media campaigns.
It is going to have a max provide of 930,993,091 T6900, which occurs to be 1 token greater than the circulating provide of SPX6900 on the time TOKEN6900’s presale went stay.
Merchants and influencers are already bigging it up, predicting that it might be one of many subsequent meme cash to surge this yr.
Buyers should buy it now by going to the TOKEN6900 web site and connecting a appropriate pockets.
T6900 at present prices $0.006425, though it will rise tomorrow and can proceed to rise till the sale ends.
Consumers ought to subsequently act shortly, simply in case it does develop into the subsequent massive meme coin.
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