The number of memcoirs in recent years has reached an unprecedented scale. But few have achieved real success, that is, a huge increase in value. Usually, memcoirs on the anger of the day became successful. But what attracted SPX6900 investors in May -June 2025?

What is SPX and why 6900

A fairly clear logic is traced in the name of the coin: SPX is a reference to the most famous S&P500 stock index. The letters do not coincide, but it is under the SPX ticer that derivatives are trafficking on the index.

Now we turn to the number: this is a reference to the market capitalization of the memcoid, which the developers want to achieve – $ 69 trillion. The goal is quite ambitious. By the beginning of June, the SPX6900 maximum of which was able to achieve – slightly less than $ 1.2 billion, that is, 57,500 times smaller guidelines. Nevertheless, this should already be considered success, because the coin managed to get into the top 100 projects on market capitalization and is located on 63th place among all cryptocurrencies.

How and why SPX6900 arose

The main item of the creators of the Memcoin is financial and economic decisions that have been adopted by the American authorities over the past few years. For example, the head of the Fed Jerome Powell (Jerome Powell) on the official website of the project is called Printwell (that is, “Printing Money”). He is recalled by the decision to increase the money supply during pandemia Covid-19. The decision caused not only the growth of inflation in the United States, but also a number of financial bubbles, the increase in public debt, as well as the undermining of trust in the dollar not only in the domestic, but also in the world market.

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Source: SPX6900.com

In their manifesto (Manifesto), the creators of the SPX6900 complain about the inaccessibility of the purchase of housing: to buy a house, the US citizen will have to take a mortgage for hundreds of thousands of dollars. SPX6900 emphasizes the failure of talk about social security, calling it a myth. And the creators of the cryptocurrency insist that the main growth in the stock market has already passed, and investors should think: where else can they earn money.

SPX6900 will become a “expression of a new view of things”, its creators believe:

“It will become a tapestry woven from threads of human hope. SPX6900 is a stock market for people. The coin sows seeds for forests tomorrow. ”

At the same time, the creators of the SPX6900 insist that the project is comic in nature, and the similarity of names, names and other elements is just a coincidence. But why did the coin grow precisely in the May-June of 2025 so much?

What is the basis of the growth of SPX6900

The project is designed for US residents, at least partially sharing the postulates and the irony of the SPX6900. The supply of money in the country has really increased in recent years so that inflation is above the declared target of 2%. The head of the Federal Reserve Jerome Powell at his every speech suggests that he will “monitor the dynamics.” Nevertheless, the key rate of the Fed has not changed for six months-since December 2024. At the same time, President Donald Trump arranged a trade war with the rest of the world with his duties for imports. The situation in Europe and in the Middle East also causes people’s anxiety.

In addition, investors can attract the inflationary nature of memcoid: its maximum offer is limited to 1 billion tokens. Also, from positive points, it is worth noting that the SPX6900 is available on several blockchains: Ethereum, Solana and Base. And the coin is also represented on a large number of exchanges, both centralized (CEX) and decentralized (DEX): Bybit, Uniswap, Mexc, Kucoin and many others.

And what are the prospects for further growth of SPX6900?

Technical analysis

To begin with, let’s figure out how much Memcoin has already grown. Since the beginning of 2025, the SPX6900 added more than 260%. Of these, only in May the coin has added almost 80%, and in June managed to add even more than 20%. Naturally, the growth will not be endless and somewhere the SPX6900 is waiting for a stop. Considering that there are not so many fundamental components of memcoids, it is worthwhile to refer to the technical indicators.

In general, there are no reasons for concern yet. But there is – for alertness. The total long-term trend remains ascending, since the price exceeds a 50-day sliding average (indicated in blue). Nevertheless, almost all the oscillators came to the overlap zone, such as Stochastic. Until he came out of the zone and there are no reasons for panic. However, certain caution must be maintained. In the near future, the SPX6900 may well rise to the resistance level at $ 1.39 (about 11%remains before it). At the same time, it is important to stay above the resistance level of $ 1.22. If the coin cannot be done, then a rather deep correction may begin.

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Source: TradingView.com

Conclusion

SPX6900 is a memorial that makes fun of the modern financial system of the United States. Given the economic realities, when the inflation remains high, and the uncertainty in the future is even higher, the interest in the project, which calls the spade its proper names, is not surprising.

This material and information in it is not an individual or other other investment recommendation. The view of the editorial office may not coincide with the opinions of analytical portals and experts.