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SPX6900 Price Prediction: SPX Propels 64% – Is the Crypto Community Buying In?

October 3, 2023
in Bitcoin
Reading Time: 6 mins read
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SPX6900 (SPX) worth has been bullish since September 14, breaking out from a longstanding consolidation. The token rallied round 930% to document an intra-day excessive of $0.01731 on October 1 earlier than a 20% pullback to the present worth of $0.01647.

Just like the Ripple (XRP) ecosystem, SPX6900 has garnered a cult-like following, trending with 14.5 million searches.

You possibly can copy a ticker

However you’ll be able to’t copy a cult#SPX6900 $SPX pic.twitter.com/QRAT5YVqEF

— SOV6900 (@sov3333) October 2, 2023

The token advertises a bunch of cute ladies in crypto offered as caricatures. It presents a neighborhood of SPX holders whose power is unmatched. The continued pump in SPX6900 worth evidences this.

Be part of SPX tg right here – https://t.co/l9WXUq2Tlb and really feel the vibe of the cult of cute ladies. P/s: as soon as u keep for some time, you’ll get snug holding your spx, coz you realize who’re the folks holding it with you.#BuckleUpTober #SPX6900 pic.twitter.com/J5YpzyXofR

— aswind.eth (@aswind_eth) October 2, 2023

With SPX6900 outperforming the broader market, a few of its defining fundamentals embody its decentralized standing, savvy expertise, and interesting characters.

The actual ones within the trenches shopping for $SPX #SPX6900

Key Fundamentals:

1) Probably the most decentralized coin in Crypto2) Auto_Healing_Tech All the time Enabled3) The Lady Is Cute, may be getting Cuter

/please_buckle_UP pic.twitter.com/cDTgNMya7n

— BasedGod 💹 (@BlueLightCapit1) October 2, 2023

Additionally, the mission’s working targets move as a bullish, strong elementary, more likely to catalyze the surge. It accommodates spectacular Ethereum applied sciences, permitting the compression of the entire inventory inside the SPX token. It boasts distinctive quantum-leaping scalability and light-speed transaction velocity that units it aside from others in its class.

#SPX6900

1. There isn’t a dev. 2. There isn’t a utility. 3. There isn’t a chart.

…There may be an agenda pic.twitter.com/KAzwSEWsbt

— dib.eth (@dibdoteth) October 1, 2023

For that reason, SPX is among the many holdings of even the massive gamers in crypto like chadtom.eth. The consumer reportedly HODLs as much as 12.5 million SPX tokens, price roughly $170,000 at present charges.

Observed some wallets closely accumulating memecoins the previous few days @chadtom_eth (0x9e5) amassed a complete of +2.5M $BITCOIN ($260K) in the previous few days

He additionally holds 12.5M #SPX6900, price $170K+ pic.twitter.com/XKzNzsks1o

— Vito (@vito__1900) October 2, 2023

SPX6900 Worth Prognosis Amid Rising Buying and selling Volumes

On the time of writing, SPX6900 worth is $0.01422, with indications of a continued uptrend as the quantity of trades continues to rise. That is indicated by the bar graphs within the every day chart for the SPX/USD 1-day chart under. Knowledge from CoinMarketCap corroborates this outlook, displaying a 493% improve in buying and selling quantity during the last day.

SPX CoinMarketCap
Supply: CoinMarketCap

The token is up 64% on the final day and will proceed north with one other inexperienced candlestick bar. From a technical standpoint, all indicators favor the upside, with the Relative Energy Index (RSI) displaying robust purchaser momentum at 87. Its inclination to the upside suggests SPX remains to be not ripe for promoting.

The Shifting Common Convergence Divergence (MACD) and the Superior Oscillator (AO) recommend a continued uptrend. This comes because the histogram bars of each indicators proceed to wave north. In the meantime, the Parabolic SAR indicator continues to path the SPX6900 worth from under, additional supporting the upside potential.

SPX6900
TradingView: SPX/USD 1-day chart

On the identical time, buyers who purchased SPX on the ground worth of $0.001618 or those that acquired the token as soon as it flipped the $0.004505 hurdle into help are more likely to money in now. The following promoting strain might repel the SPX6900 worth, doubtlessly sending it down. The present bullish outlook could be invalidated after a every day candlestick shut under the $0.004505 degree.

SPX apart, have a look at MK, the native crypto for the Meme Kombat ecosystem, a brand new token due for itemizing quickly with 10X development potential.

SPX Different

MK is a brand new contender within the meme coin enviornment, rivaling towards counterparts corresponding to Pepe Coin (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), and others. It highlights the Meme Kombat mission, a brand new ecosystem the place gaming fanatics can stake, play, and earn rewards for competing.

The arrogance… The swagger… The @pepecoineth #MemeKombat pic.twitter.com/LdT7bLHp5R

— Meme Kombat (@Meme_Kombat) October 1, 2023

The mission’s presale is ongoing, with $208,495 already within the financial institution as customers proceed to purchase MK utilizing Ethereum (ETH) and Tether (USDT). As soon as you purchase MK, you shouldn’t have to take a seat in your tokens whereas awaiting the preliminary trade providing (IEO). Put your tokens to work and get passive earnings for it. You stand up to 112% in Annual Proportion Yields (APY) by staking your MK holdings.

That includes amongst Web3’s hottest new gaming tokens, Meme Kombat is creating an AI-driven sport the place customers can guess on the outcomes of battles between completely different characters, every representing a well-liked meme coin.

Who will reign supreme within the Enviornment? @pepecoineth or @pepe2coineth pic.twitter.com/daZ5iVvMqe

— Meme Kombat (@Meme_Kombat) September 24, 2023

Citing an excerpt from the mission’s whitepaper (which is accessible on the web site), “Customers can guess in battles in real-time, partaking with every battle because it unfolds.” With this, it’s crucial to notice that a number of betting choices are on the desk. These are:

Direct betting
PvP
PvGame

These avenues present an unlimited expanse of alternatives for gamers to guess relying on their preferences or betting odds.

Analysts and Influencers Recommending Meme Kombat

The mission’s recognition has earned it a powerful fame within the web3 realm, with common YouTube personalities singing its praises. Amongst them, Joe Parys Crypto, with nearly 400K subscribers, places it among the many high 5 meme cash for 2024 and past. One other, No Bs Crypto, with at the very least 40K subscribers, believes in MK’s potential to outperform PEPE. Then there may be Jacob Crypto Bury, who anticipates 10X development potential for the meme coin.

Extra curiously, even crypto influencers on big social media X acknowledge and endorse Meme Kombat. Particularly, Crypto Tony, Crypto Common, and $SHIB Knight have beneficial the token to their mixed followership of at the very least $800,000 folks.

Go to Meme Kombat right here

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