The low-cap altcoin SPX6900 experienced a surge of over 15% on its daily chart in the past 24 hours, coinciding with Bitcoin reclaiming the $98,000 region. This boost in price was further magnified by Coinbase's listing of SPX6900, which increased its exposure and attracted retail and institutional players. The Coinbase listing also introduced the KAS-PERP market, providing another lucrative product for users. The price movements of SPX6900 and KAS-PERP align with the listing, and technical indicators support SPX6900's bullish case. However, investors should remain cautious as assets often see short-lived gains after exchange listings. The market is currently experiencing volatility with the expiration of over $2 billion in Bitcoin and Ether options.
Content Editor ( invezz.com )
- 2025-02-21
SPX6900 surges 15% after Coinbase listing amid investor frenzy
