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

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SPX6900 (SPX) price has been bullish since September 14, breaking out from a longstanding consolidation. The token rallied around 930% to record an intra-day high of $0.01731 on October 1 before a 20% pullback to the current price of $0.01647.

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

https://twitter.com/sov3333/status/1708691645133467697

The token advertises a bunch of cute girls in crypto presented as caricatures. It presents a community of SPX holders whose strength is unmatched. The continued pump in SPX6900 price evidences this.

Join SPX tg here – https://t.co/l9WXUq2Tlb and feel the vibe of the cult of cute girls.
P/s: once u stay for a while, you will get comfortable holding your spx, coz you know who are the people holding it with you.#BuckleUpTober #SPX6900 pic.twitter.com/J5YpzyXofR

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

With SPX6900 outperforming the broader market, some of its defining fundamentals include its decentralized status, savvy technology, and appealing characters.

The real ones in the trenches buying $SPX #SPX6900

Key Fundamentals:

1) The most decentralized coin in Crypto
2) Auto_Healing_Tech Always Enabled
3) The Girl Is Cute, might be getting Cuter

/please_buckle_UP pic.twitter.com/cDTgNMya7n

— BasedGod 💹 (@BlueLightCapit1) October 2, 2023

Also, the project’s operating objectives pass as a bullish, solid fundamental, likely to catalyze the surge. It contains impressive Ethereum technologies, allowing the compression of the whole stock within the SPX token. It boasts unique quantum-leaping scalability and light-speed transaction speed that sets it apart from others in its class.

#SPX6900

1. There is no dev.
2. There is no utility.
3. There is no chart.

…There is an agenda pic.twitter.com/KAzwSEWsbt

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

For this reason, SPX is among the holdings of even the big players in crypto like chadtom.eth. The user reportedly HODLs up to 12.5 million SPX tokens, worth approximately $170,000 at current rates.

Noticed some wallets heavily accumulating memecoins the last few days @chadtom_eth (0x9e5) accumulated a total of +2.5M $BITCOIN ($260K) in the last few days

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

— Vito (@vito__1900) October 2, 2023

SPX6900 Price Prognosis Amid Growing Trading Volumes

At the time of writing, SPX6900 price is $0.01422, with indications of a continued uptrend as the volume of trades continues to rise. This is indicated by the bar graphs in the daily chart for the SPX/USD 1-day chart below. Data from CoinMarketCap corroborates this outlook, showing a 493% increase in trading volume over the last day.

SPX CoinMarketCap — Source: CoinMarketCap

The token is up 64% on the last day and could continue north with another green candlestick bar. From a technical standpoint, all signs favor the upside, with the Relative Strength Index (RSI) showing strong buyer momentum at 87. Its inclination to the upside suggests SPX is still not ripe for selling.

The Moving Average Convergence Divergence (MACD) and the Awesome Oscillator (AO) suggest a continued uptrend. This comes as the histogram bars of both indicators continue to wave north. Meanwhile, the Parabolic SAR indicator continues to trail the SPX6900 price from below, further supporting the upside potential.

SPX6900 — TradingView: SPX/USD 1-day chart

At the same time, investors who bought SPX at the floor price of $0.001618 or those who acquired the token once it flipped the $0.004505 hurdle into support are likely to cash in now. The ensuing selling pressure could repel the SPX6900 price, potentially sending it down. The current bullish outlook would be invalidated after a daily candlestick close below the $0.004505 level.

SPX aside, look at MK, the native crypto for the Meme Kombat ecosystem, a new token due for listing soon with 10X growth potential.

SPX Alternative

MK is a new contender in the meme coin arena, rivaling against counterparts such as Pepe Coin (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), and others. It highlights the Meme Kombat project, a new ecosystem where gaming enthusiasts can stake, play, and earn rewards for competing.

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

— Meme Kombat (@Meme_Kombat) October 1, 2023

The project’s presale is ongoing, with $208,495 already in the bank as users continue to buy MK using Ethereum (ETH) and Tether (USDT). Once you buy MK, you do not have to sit on your tokens while awaiting the initial exchange offering (IEO). Put your tokens to work and get passive income for it. You get up to 112% in Annual Percentage Yields (APY) by staking your MK holdings.

Featuring among Web3’s hottest new gaming tokens, Meme Kombat is developing an AI-driven game where users can bet on the results of battles between different characters, each representing a popular meme coin.

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

— Meme Kombat (@Meme_Kombat) September 24, 2023

Citing an excerpt from the project’s whitepaper (which is available on the website), “Users can bet in battles in real-time, engaging with each battle as it unfolds.” With this, it is imperative to note that multiple betting options are on the table. These are:

Direct betting
PvP
PvGame

These avenues provide a vast expanse of opportunities for players to bet depending on their preferences or betting odds.

Analysts and Influencers Recommending Meme Kombat

The project’s popularity has earned it a strong reputation in the web3 realm, with popular YouTube personalities singing its praises. Among them, Joe Parys Crypto, with almost 400K subscribers, puts it among the top five meme coins for 2024 and beyond. Another, No Bs Crypto, with at least 40K subscribers, believes in MK’s potential to outperform PEPE. Then there is Jacob Crypto Bury, who anticipates 10X growth potential for the meme coin.

More interestingly, even crypto influencers on giant social media X recognize and endorse Meme Kombat. Specifically, Crypto Tony, Crypto General, and $SHIB Knight have recommended the token to their combined followership of at least $800,000 people.

Visit Meme Kombat here