Is It Too Late To Buy SPX? SPX6900 Price Soars 14% As The World’s First Meme Index Token Closes On $2M In Presale
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The
SPX6900
price
soared
14%
in
the
last
24
hours
to
trade
at
$1.5
as
of
4.15
a.m.
EST
on
trading
volume
that
skyrocketed
70%
to
$104.36
million.
While
the
SPX6900
price
did
see
a
strong
increase
in
the
last
24
hours,
this
is
only
the
continuation
of
a
price
surge
that
started
back
on
January
1.
The
token
started
the
year
with
a
price
of
$0.8415,
and
with
great
expectations
of
2025
pushing
its
value
up,
it
quickly
reached
the
price
of
$1.
It
breached
this
resistance
on
January
3,
encountering
the
next
one
at
$1.25,
which
fell
later
on
the
same
day.
However,
a
barrier
at
$1.35
took
longer
to
conquer,
and
the
project
battled
it
throughout
this
past
weekend,
only
to
finally
breach
it
late
last
night,
and
rise
to
$1.50
—
its
current
price,
and
the
newest
barrier
that
stands
in
its
way.
SPX6900
Price
Prediction
While
the
SPX6900
price
did
reach
and
briefly
move
past
the
barrier
at
$1.50,
this
resistance
was
not
yet
truly
conquered,
which
is
why
its
price
was
rejected
after
hitting
an
all-time
high
at
$1.56
about
10
hours
prior
to
the
time
of
writing,
and
it
returned
to
$1.50.
Even
so,
technical
indicators
suggest
that
this
barrier
could
fall
in
the
coming
hours.
The
project’s
Bollinger
bands
saw
a
massive
widening
about
12
hours
ago,
as
the
token’s
price
started
skyrocketing
and
pushing
the
upper
band
up.
This
led
to
it
reaching
its
ATH,
which
resulted
in
the
price
drop
to
the
middle
line
between
the
two
bands.
As
the
purchases
slowed
down,
the
bands
tightened
slightly,
but
then
they
saw
another
widening
as
the
price
made
a
second
attempt
to
breach
the
resistance
at
$1.50.
The
second
rejection
pushed
the
price
back
under
this
barrier,
but
it
also
dropped
to
the
lower
band,
which
led
to
another
tightening.
However,
the
indicator
that
suggests
that
SPX6900
could
see
another
surge
soon
is
actually
the
project’s
Relative
Strength
Index
(RSI).
After
fluctuating
around
the
neutral
zone
yesterday,
the
RSI
value
skyrocketed
to
85
around
the
time
when
the
project
hit
an
ATH,
followed
by
its
drop
to
the
neutral
zone
at
50.
Since
then,
the
second
attempt
to
breach
the
resistance
took
it
close
to
the
overbought
zone,
but
it
did
not
reach
it.
Instead,
traders
decided
to
take
profit,
which
caused
the
secondary
rejection.
Now,
at
the
time
of
writing,
the
RSI
is
once
again
moving
around
the
neutral
value
of
50,
which
could
lead
to
another
surge
if
a
new
wave
of
purchases
takes
place.
There
is
certainly
more
than
enough
room
left
for
growth,
but
it
will
be
the
market
sentiment
that
will
decide
what
happens
next.
Given
that
Bitcoin
is
back
to
$99k
and
trading
in
the
green
on
hourly,
daily,
and
weekly
charts,
a
new
rally
could
definitely
take
place,
as
the
altcoin
market
tends
to
follow
the
oldest
and
largest
cryptocurrency.
Promising
Alternative
To
SPX6900
Those
who
think
that
the
SPX6900
price
has
reached
its
peak
for
the
time
being
could
turn
to
an
alternative
like
Meme
Index
(MEMEX).
Meme
Index
is
a
new
meme
coin
currently
still
in
its
ICO
stage,
which
aims
to
bring
a
new
way
for
its
users
to
earn
money
from
digital
currencies.
Specifically,
it
has
created
four
baskets
of
meme
coins
with
varying
degrees
of
volatility
and
risk.
These
baskets,
or
indexes,
are
named
Titan,
Moonshot,
MidCap,
and
Frenzy.
Titan
is
by
far
the
least
risky
one,
containing
top-ranking
meme
coins
that
are
well-established
and
considered
trustworthy.
Moonshot
contains
meme
coins
that
sit
right
under
the
top
10,
and
could
challenge
them
at
any
time,
making
it
slightly
riskier,
but
not
by
much.
MidCap
is
the
one
that
really
brings
real
risks,
but
also
the
potential
for
higher
rewards.
It
consists
of
meme
coins
with
a
market
cap
between
$50m
and
$250m.
Finally,
the
riskiest
one,
but
also
the
one
with
the
highest
potential
rewards
is
Frenzy,
which
consists
of
new
and
often
experimental
projects
that
come
with
an
equal
likelihood
of
blowing
up
or
flopping
completely,
so
this
is
only
for
those
with
nerves
like
steel.
To
join
any
of
these,
you
need
to
buy
the
project’s
token,
MEMEX,
which
comes
with
other
perks,
such
as
the
ability
to
participate
in
the
project
governance.
This
will
also
let
you
vote
on
which
new
meme
coins
should
be
added
to
the
baskets,
which
could
directly
benefit
your
gains
if
you
also
invest
in
said
basket.
The
project’s
presale
is
rapidly
closing
on
$2
million
raised,
with
the
MEMEX
token
selling
for
$0.0149831.
ClayBro,
a
YouTuber
with
over
134k
subscribers,
believes
that
the
project
could
easily
reach
20x
gains
once
its
ICO
ends.
If
you
are
interested,
buy
before
a
price
hike
in
less
than
2
days
to
lock
in
the
best
deal.
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