Cryptocurrency exchange Coinbase has reported the listing of two new altcoins: SPX6900 and Flock. Both cryptocurrencies have drawn attention to the current situation in the crypto market.
New altcoin listings on Coinbase
Coinbase, one of the largest cryptocurrency exchanges, announced the addition of two altcoins to its roster – SPX6900 (SPX) and Flock.
Discussion of memecoin SPX
SPX6900 has gained prominence thanks to memecoin influencer Murad (@MustStopMurad), who actively promotes this cryptocurrency. The memecoin often sparks debates and discussions within the community.
Speculations about SPX's market capitalization
Murad also recently claimed that SPX's total market capitalization could reach $1 trillion. This would imply a 1000x increase for the token, which currently has a market capitalization of roughly $1 billion. However, it is worth noting that SPX, as a memecoin, has no intrinsic value.
Thus, the listing of new altcoins on Coinbase raises questions about the volatility of the cryptocurrency market and the significance of memecoins in today's financial landscape.
