SPX6900 Price Rallies 23% as New Index Meme Coin MEMEX Enters Final Week of Presale

Meme coin merchants are buzzing in regards to the bullish circumstances – and few cash are doing higher than SPX6900 (SPX).

The S&P 500 parody token is up 23% since yesterday because the broader market rebounds.

And with sentiment flipping optimistic, some are questioning if Meme Index (MEMEX) could possibly be the following meme coin to pump.

SPX6900 Worth Surges From March Low as Meme Coin Momentum Returns

SPX6900 is again on merchants’ radars this week.

Created as a tongue-in-cheek tackle the S&P 500, SPX leans into Wall Road satire and crypto insurrection, turning phrases like “Flip the S&P 500” into rallying cries for its group.

And after weathering an enormous sell-off all through February, issues are lastly wanting up for SPX.

The token is now trading at $0.641, its highest degree in three weeks.

This surge represents a 155% achieve because the token bottomed out at $0.252 on March 11 – outpacing rival meme cash like FARTCOIN and WIF.

Spot buying and selling volumes have additionally greater than doubled to $40 million, making it extra energetic than many established names.

Solely the NPC meme coin has outperformed SPX within the final 24 hours.

Though SPX6900 remains to be 64% beneath its January all-time excessive, momentum is constructing, hinting that the coin may be gearing up for one more explosive rally.

Why Is SPX Token Hovering? Technical Breakout and Market Tailwinds Gas Rally

What’s driving the SPX6900 rally?

There’s no single headline or information occasion tied on to the coin – however zoom out a bit, and the image turns into clearer.

First off, SPX’s technicals look stable.

SPX not too long ago broke above a key resistance degree at $0.52 and has been posting a traditional sample of upper highs and better lows on the 4-hour chart.

It’s now testing resistance round $0.63; if that turns into help, the outlook might grow to be much more bullish.

Nonetheless, SPX’s optimistic worth motion isn’t an remoted occasion.

The broader crypto market is rebounding, with Bitcoin reclaiming $87,000 and meme cash like DOGE, PEPE, and BONK all posting positive aspects.

A part of that bounce appears tied to calming macro uncertainties.

Fears over Trump’s tariffs have cooled, and the Fed has signaled it nonetheless plans to chop charges twice this 12 months.

That’s the type of backdrop that tends to favor risk-on belongings like meme cash.

This favorable surroundings helps clarify why SPX6900, together with most different cryptos, is within the inexperienced at this time.

Is Meme Index Subsequent to Pump After SPX? MEMEX Token Presale Passes $4M Earlier than First DEX Itemizing

With meme cash heating up once more, some merchants are wanting previous the likes of SPX and asking: what’s subsequent?

That’s the place Meme Index comes into play – a challenge that’s constructed severe hype by providing real utility.

As an alternative of betting all the pieces on one meme coin that would soar (or crash), Meme Index exposes customers to baskets of meme cash grouped by danger degree.

They’re like meme-style variations of conventional ETFs.

Whether or not you need the steadiness of DOGE and SHIB or the chaos of low-cap tokens, Meme Index has an choice for everybody.

But it surely’s not simply the idea that’s drawing consideration – it’s the timing, too.

With the meme coin market rallying and SPX6900 proving there’s nonetheless a large urge for food for “riskier” performs, the circumstances look stable for Meme Index to achieve momentum post-launch.

The challenge’s presale has already raised over $4 million, and with excessive staking rewards, early traders are producing passive earnings within the remaining week earlier than MEMEX goes dwell on exchanges.

Influencer Crypto Nautic known as it the “one meme coin to rule all of them.”

None of Meme Index’s hype comes on the expense of safety since blockchain safety companies Coinsult and SolidProof have audited the MEMEX token.

And MEMEX has even secured a spot in CoinSniper’s rankings.

Finally, whereas SPX6900 is getting all the eye proper now, Meme Index may be positioning itself as the following large factor.

Visit Meme Index Presale

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