Unveiling the Rise of SPX6900 : Dominating Memecoins and Setting New Records

The memecoin SPX6900 surges 23% to $2, smashing its previous record. With strong community support, could it aim for $3 and beyond to $30 ? Expert analysis.

Written by Charles Ledoux

Translated on July 21, 2025 at 13:39 by Marie

Copié

SPX6900 Smashes Records

SPX6900 (SPX) has established itself as the star memecoin of July 2025, reaching a new all-time high of 2 dollars, up +23% in 24 hours. Driven by a record trading volume of 172 million dollars (+126%), this token aimed at outperforming the S&P 500 is dominating the altcoin market.

In a context where Bitcoin fluctuates around $118,800 and Ethereum near $3,800, SPX6900 has emerged as one of the leading memecoins, with a market capitalization of $1.9 billion and ranking #59 on CoinMarketCap.

Over the past 7 days, SPX6900 has shown an increase of +24%, rising from $1.43 to its current peak. After dipping to $1.64 last Friday, the token recovered completely over the weekend.

This bullish momentum, supported by growing interest from the community and smart money, positions SPX6900 as a major player in the memecoin sector in 2025.

spx has by far the best htf chart in the game right now

if the market keeps staying risk-on, i seriously dont see how this doesnt go on a crazy run in the next few weeks, outperforming the broader market

im long pic.twitter.com/ChfFfhPTGM
— owen (@owen1v9) July 18, 2025

Technical indicators confirm the robustness of the rally. Indeed, according to renowned trader Owen1v9, SPX hasn’t finished its rise. “SPX by far has the best HTTF chart in the market right now. If the market remains risk-on, I really don’t see how it couldn’t see a strong increase in the coming weeks, outperforming the broader market,” he writes.

Why Is SPX6900 So Successful ?

Launched in August 2023 on Ethereum, SPX6900 has built an unparalleled community. Indeed, championed by Murad since last September, the community has survived numerous drops of more than 80%.

#spx6900 is winning on every metric that matters 💹🧲 pic.twitter.com/JOkux9wosZ
— Southern Fried Chad 💹🧲 (@CountryBitcoin) July 17, 2025

Moreover, on-chain data shows that SPX dominates all other memecoins in terms of both diamond hands and investment per holder. This demonstrates extreme confidence in the future of the memecoin and provides a solid foundation on which newcomers can rely.

Additionally, the memecoin sector is surging +34% in July, with SPX6900 and Bonk leading the way. While the “memecoin supercycle” gains traction on social media, SPX has reached 185,194 holders, an increase of 2,000 in one week.

How to Buy Memecoins on Bitget ?

Technical indicators and social enthusiasm suggest potential toward $3.5 in the short term, possibly even $17-30 long-term if adoption persists. However, caution is advised given the volatility. SPX6900 represents a unique opportunity, but only invest what you can afford to lose.

To capitalize on this rally, Bitget is the ideal platform with $28M daily volume on the SPX/USDT pair :

Create an account on the official Bitget website and complete KYC verification.
Deposit funds (crypto, SEPA, or credit card).
Convert to USDT, then buy SPX using the SPX/USDT trading pair.

Buy SPX6900 on Bitget and earn $10 bonus !

More on this topic :

Charles Ledoux

Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.

DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.

DISCLAIMER

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.