CandleFocus Whale Swaps 348 ETH for 1.99M SPX6900 Tokens, Igniting Market Attention on SPX
2024-12-17
Author: Content Editor
A crypto whale has been accumulating SPX6900 (SPX), a meme coin operating on Solana, Base, and Ethereum blockchains. The whale recently purchased another tranche of 1.99 million SPX tokens, bringing their total holdings to 2,991,187 SPX tokens worth $2 million. This suggests that whales are not only focusing on dominant tokens but also seeking opportunities in lesser-known assets. SPX's popularity has been rising, with multiple whales showing interest in the coin in anticipation of the next meme coin rally. The coin has experienced a price resurgence, gaining 5.1% in the last two weeks and 16.9% in the last 30 days. Its market cap is currently $695.87 million. SPX has also been listed on Kraken for spot trading, expanding its use cases for users. The listing of meme coins on various exchanges has increased following Donald Trump's election, as his friendly approach to crypto has shifted the country's perspective on cryptocurrencies. SPX has benefited from the explosion in the meme coin sector sparked by Trump's embrace of the crypto industry.
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