🔥 Meme coins are making waves! New cycle or temporary hysteria?
The meme coin market has exploded — in just one day, it grew by +16%, and the market capitalization exceeded $73 billion! It all started with the unexpected appearance of BONK in the updated Grayscale portfolio, indicating that meme coins are no longer just a joke, but a part of a serious strategy in the market.
📈 Capital flows have surged into this segment: WIF, BONK, DOGE, SHIB, and even obscure memes like PEPE and 4chan Picks — all in the green zone.
🚀 Special attention goes to the token SPX6900, which has unexpectedly become an indicator of the meme sector. It is currently just 1.7% off its ATH ($1.74) and has already turned $1.55 into a strong support level. If it breaks $1.77 — this could trigger the next pump wave across all memes.
🔍 According to Santiment:
• The number of SPX holders is at a local maximum.
• Flows to exchanges are decreasing — whales are holding, not dumping.
📊 Traders are using SPX as an "unofficial index" for the entire meme market. It has even outperformed BTC in returns — indicating a shift in focus.
💡If SPX maintains its current positions and goes higher, one can expect not just a continuation of the pump, but a real supercycle of meme coins. But be cautious: a downward break below $1.45 could sharply cool the market.
