{"id":7102,"date":"2025-05-22T12:20:00","date_gmt":"2025-05-22T11:20:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7102"},"modified":"2025-05-22T11:22:50","modified_gmt":"2025-05-22T10:22:50","slug":"spx6900-solana-memecoin-price-explosion","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/spx6900-solana-memecoin-price-explosion\/","title":{"rendered":"SPX6900 (SPX) : The Next Solana Memecoin Poised to Explode ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"spx6900-spx-targeting-1-11\">SPX6900 (SPX): Targeting $1.11 ?<\/h2>\n\n\n\n<p>Propelled by the resurgence of <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/ethereum\/\">Ethereum<\/a> and the craze for altcoins, <strong>SPX6900 (SPX)<\/strong>, the memecoin parodying the S&amp;P 500 index, is making waves. With a surge of <strong>+30%<\/strong> in a few days, reaching <strong>$0.9<\/strong>, SPX is testing a crucial <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/technical-indicators\/\">technical<\/a> resistance.\u00a0<\/p>\n\n\n\n<p>Could this level trigger a new bullish phase towards <strong>$1.11<\/strong> or higher?&nbsp;<\/p>\n\n\n\n<p>Far from being just a viral phenomenon, <strong>SPX6900 (SPX)<\/strong> captivates with its community dynamics and promising technical setup. Following an explosive rise of <strong>+30%<\/strong> to <strong>$0.9<\/strong>, the token is retesting a key zone, drawing attention from savvy traders.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"733\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/SPXUSDT_2025-05-22_08-58-07-1024x733-1.jpg\" alt=\"SPX6900 price in 1D\" class=\"wp-image-7169\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/SPXUSDT_2025-05-22_08-58-07-1024x733-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/SPXUSDT_2025-05-22_08-58-07-1024x733-1-300x215.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/SPXUSDT_2025-05-22_08-58-07-1024x733-1-768x550.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>Indeed, on the daily chart, SPX6900 broke its resistance at <strong>$0.8<\/strong>. If it holds above, it should target the upper band of the MRC between <strong>$1.04 and $1.34<\/strong> (green zone). At <strong>$0.9<\/strong>, SPX6900 is retesting the previous resistance from May 13th.<\/p>\n\n\n\n<p>In case of retracement, the POC at <strong>$0.47<\/strong> can serve as a strong base. Before that, the range between <strong>55 and 60 cents<\/strong> provides good support.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">How to analyze blue-chip memecoins responsibly.<br><br>A quick \ud83e\uddf5through the lens of <a href=\"https:\/\/twitter.com\/spx6900?ref_src=twsrc%5Etfw\">@spx6900<\/a> <br><br>1. MVRV:  used as a proxy for &quot;cost basis&quot; of tokenholders holding the token. For SPX, it&#39;s currently $.42 (the token is trading at 1.79x that value today)<br><br>Data: <a href=\"https:\/\/twitter.com\/glassnode?ref_src=twsrc%5Etfw\">@glassnode<\/a> <a href=\"https:\/\/t.co\/HAmurb9xub\">pic.twitter.com\/HAmurb9xub<\/a><\/p>&mdash; Michael Nadeau | The DeFi Report (@JustDeauIt) <a href=\"https:\/\/twitter.com\/JustDeauIt\/status\/1923091349445730771?ref_src=twsrc%5Etfw\">May 15, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Moreover, as indicated by the analyst at TheDeFiReport, the MVRV of SPX6900 is at <strong>$0.42<\/strong>, a level that could be defended.<\/p>\n\n\n\n<p>\u201cMVRV: used as an indicator of the token holders\u2019 \u2018cost base.\u2019 For SPX, it is currently at $0.42 (the token is currently trading at 1.79 times this value),\u201d he writes.<\/p>\n\n\n\n<p>If this level breaks, SPX could drop to <strong>$0.26<\/strong>, another significant liquidity zone.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"why-is-spx6900-surging\">Why is SPX6900 Surging ?<\/h2>\n\n\n\n<p>Several catalysts are fueling the rise:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Growing Community<\/strong>: Over <strong>114,667 holders<\/strong><\/li>\n\n\n\n<li><strong>Altcoins Recovery<\/strong>: Ethereum&#8217;s momentum boosts memecoins.<\/li>\n\n\n\n<li><strong>Bullish Social Sentiment<\/strong>: 59.9% of X posts are positive.<\/li>\n\n\n\n<li><strong>Rising Volume<\/strong>: <strong>$43.07 million<\/strong> in 24h, signaling growing interest.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">5. Tokenholder Growth &amp; Cohort Analysis:<br><br>We want to see strong growth in total tokenholders, but also signs of conviction amongst larger holders. <br><br>For example, we analyze the % of wallets that once had over $100k of the token, and still have greater than 50% of their peak\u2026 <a href=\"https:\/\/t.co\/jVlG7Vpjeb\">pic.twitter.com\/jVlG7Vpjeb<\/a><\/p>&mdash; Michael Nadeau | The DeFi Report (@JustDeauIt) <a href=\"https:\/\/twitter.com\/JustDeauIt\/status\/1923091361101680850?ref_src=twsrc%5Etfw\">May 15, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to Michael Nadeau from TheDeFiReport, SPX6900 has the <strong>highest conviction rate<\/strong> among its holders compared to all &#8220;bluechips&#8221; in the <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">crypto ecosystem<\/a>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cFor example, we analyze the percentage of wallets that previously held over $100,000 in tokens and still retain over 50% of their capital.<\/p>\n\n\n\n<p>This indicator for SPX6900 is currently at <strong>33.1%<\/strong> (the highest among the bluechips we analyze).\u201d<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"target-1-11-23-and-beyond\">Target: $1.11 (+23%) and Beyond<\/h3>\n\n\n\n<p>If SPX6900 holds the support at <strong>$0.8<\/strong> in the short term and surpasses the recent peak at <strong>$0.9<\/strong>, the theoretical target from the ascending triangle is <strong>$1.11<\/strong>, representing <strong>+23%<\/strong>. An ambitious scenario, fueled by community momentum and altcoin dynamics, could target the historical peak of <strong>$1.77<\/strong> (January 2025), a <strong>+96%<\/strong> increase.<\/p>\n\n\n\n<p><strong>For <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/crypto\/\">traders<\/a> :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Buy Zone<\/strong>: $0.8 (key support).<\/li>\n\n\n\n<li><strong>Resistances<\/strong>: $1.18 (Fibonacci level).<\/li>\n\n\n\n<li><strong>Short-term Target<\/strong>: $1.11 (+23%).<\/li>\n\n\n\n<li><strong>Risk\/Reward Ratio<\/strong>: Attractive if the market supports its momentum.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"how-to-buy-spx6900-on-bitget\">How to Buy SPX6900 on Bitget ?<\/h2>\n\n\n\n<p>At <strong>$0.9<\/strong>, <strong>SPX6900 (SPX)<\/strong> is at a turning point. Its <strong>+30%<\/strong> surge and resistance retest present an opportunity. A confirmed bounce could propel the token towards <strong>$1.11 (+23%)<\/strong>, or even <strong>$1.77 (+96%)<\/strong>, in a booming altcoin market.<\/p>\n\n\n\n<p>With a growing community and promising technical signals, SPX6900 could shine in 2025. Here&#8217;s how to acquire the token on <strong>Bitget <\/strong>today:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sign up on Bitget<\/strong>: Create an account on <strong><a href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bitget.com<\/a><\/strong> with your email, complete verification, and KYC.<\/li>\n\n\n\n<li><strong>Deposit Funds<\/strong>: Transfer cryptos (e.g., USDT via TRC20) or buy directly with a credit card.<\/li>\n\n\n\n<li><strong>Buy SPX<\/strong>: Search for <strong>SPX\/USDT<\/strong> in &#8220;Spot Trading,&#8221; select &#8220;Market,&#8221; enter the amount, and click on <strong>&#8220;Buy SPX&#8221;<\/strong>.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy SPX6900 on Bitget and earn up to $10 !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/dogecoin-breaks-resistance-0-40-target\/\">Dogecoin Breaks Key Resistance : Is $0.40 Within Reach This Week ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/pi-network-soars-bitcoin-all-time-high\/\">Pi Network Soars 15% as Bitcoin Hits All-Time High<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-new-all-time-high-reasons\/\">What\u2019s Fueling Bitcoin\u2019s Climb to a New All-Time High Today ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SPX6900 (SPX) is making waves with a rapid 30% surge in a few days, reaching $0.9! This memecoin, backed by a vibrant community and solid technical setup, is testing a key level. Could a bounce propel the token to new heights in 2025?<\/p>\n","protected":false},"author":32,"featured_media":7100,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"spx6900","_yoast_wpseo_title":"SPX6900 : Solana\u2019s Next Big Memecoin About to Explode ?","_yoast_wpseo_metadesc":"SPX6900 (SPX) is making waves on Solana : Could it be the next memecoin to skyrocket? Discover key factors driving the hype.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-7102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SPX6900 : Solana\u2019s Next Big Memecoin About to Explode ?<\/title>\n<meta name=\"description\" content=\"SPX6900 (SPX) is making waves on Solana : Could it be the next memecoin to skyrocket? 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