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The SPX6900 price soared 16% in the last 24 hours to trade at $0.8584 as of 5.15 a.m. EST on trading volume that surged 43% to $39.75 million.
The SPX price surge comes as part of a larger bull run that has lifted the entire crypto industry, with most coins trading in the green after the US and China reached an agreement to slash tariffs in a bid to defuse their trade war.
The US has lowered its overall tariffs on Chinese goods from 145% to 30%, while China has agreed to cut its levies on American imports from 125% to 10%, a joint statement said.
Breaking News 🚨🚨
US-China trade deal terms are now out.
The US will lower tariffs on Chinese goods to 30% for 3 months.
China will lower tariffs on US goods to 10% for 3 months. pic.twitter.com/Abxj86QJGQ
— Cas Abbé (@cas_abbe) May 12, 2025
The terms of the deal say that the new figures will be applied for the next three months, giving the two nations more time to hammer out a mutually beneficial deal.
SPX6900 Price Prediction
With the two countries working to go back to friendlier terms, the dollar has been lifted, and cryptocurrencies followed. SPX6900 saw its price go up 16%, from yesterday’s $0.7424. At its highest, the price reached $0.90, only to drop back down to $0.85 as of the time of writing.
Large fluctuations seen in the past few days have led to a significant increase in the token’s Bollinger bands, which is generally seen as a bullish sign, especially with the price fluctuating between the upper band and the middle section between the two bands.
Meanwhile, the project’s Relative Strength Index spent the second half of May 11 and most of May 12 so far fluctuating between the overbought zone and the neutral value of 50. Earlier today, however, the RSI ventured further up, reaching the value of 79.40 before traders took profit, causing the RSI to drop to 50 again.
With the crypto market sentiment being quite optimistic at this time, the token could see similar fluctuations later in the day as well, or potentially even surge higher in the hours to come.
Promising Alternative To SPX6900
Meanwhile, many investors are turning to the new presale SUBBD (SUBBD) in the hope of achieving even higher gains.
SUBBD is a new cryptocurrency which was developed to serve as the native token for the content creation platform of the same name.
The SUBBD platform comes as a decentralized alternative to OnlyFans, but it also employs AI that could help solve two major issues in the industry: the overwhelming amount of management tasks that content creators have to deal with, and the fact that fans feel disconnected from their favorite creators.
$SUBBD Presale Hits $300k! ♥️
Creator economy 2.0 is loading… 📷https://t.co/dLCKejq5eX pic.twitter.com/daFlTht5dq
— SUBBD (@SUBBDofficial) May 3, 2025
In this case, the number of management tasks is occupying the content creators’ time to the point where they have very little time for their communities, causing the feeling of neglect. But, by having AI take over a large portion of them would free more time for creators to interact with their communities.
On top of that, fans could also benefit from the platform, especially if they purchase its token, SUBBD. By holding SUBBD, they can get early access to the platform, have VIP staking rewards, access exclusive content, and more.
Crypto YouTuber ClayBro, who has over 136k subscribers, says SUBBD has 100x potential.
Over 2,000 top-earning creators have already decided to team up with the platform, and their combined following exceeds 250 million fans who could be potential holders.
The project’s ICO is still in its early days, but has already raised over $377k. SUBBD tokens are on sale for $0.055375 apiece.
Buy before a price hike in less than 3 days to lock in the best deal.
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