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Share link:In this post: SPX6900 (SPX) tries to gain a cult following of holders with ‘diamond hands’. The token has no big wallet clusters, though there are concentrated whale holdings, especially on Solana. SPX6900 is trying to spark a memecoin super cycle, with SPX aiming for the $1B valuation threshold.
SPX6900 (SPX) has all the markings of a viral token, including relatively volatile market prices. It turns out SPX is also comparatively decentralized and has no signs of insider holdings or large wallet clusters.
SPX6900 (SPX) has built up a wide user base, a year after its launch, and is a good example of a decentralized meme token. The asset appeared after a year of ‘cabal coins’, where Bubblemaps pointed out that the team or early snipers owned more than 70% of the supply. Bubblemaps has been a critic for multiple hot projects, including celebrity meme WAP supported by CardiB, as well as insider-held versions of NEIRO.
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