The meme coin SPX6900 has set a significant milestone, passing the $1.5 billion market cap for the very first time on January 7, 2024.
SPX6900's Record Milestone
Following increased trading activities and interest in meme coins, SPX6900 has reached a market cap of $1.5 billion, placing it among the best-performing digital assets in the early days of 2025. Trading at $1.53, the token gained 1.87% in the past 24 hours, with a daily trading volume exceeding $95 million.
SPX Market Outlook
From a market viewpoint, the token could rise on support from technical indicators showing a bullish sentiment. The MACD (Moving Average Convergence Divergence) demonstrated a significant upward trend, indicating sustained buying pressure and growing market enthusiasm into early 2025.
Investor Interest in SPX
Open interest for SPX futures surpassed $65 million on January 7, 2025. The number of holders rose from 14,955 in October 2024 to over 23,667 in the last week of December 2024, reflecting market confidence. The growing open interest and holder counts suggest increasing adoption of SPX.
SPX6900 continues to gain traction among investors, evidenced by market capitalization growth and trading volume. This reflects the increasing appeal of meme coins in the cryptocurrency industry.
