{"id":17444,"date":"2025-02-20T18:26:47","date_gmt":"2025-02-20T18:26:47","guid":{"rendered":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/"},"modified":"2025-02-20T18:26:47","modified_gmt":"2025-02-20T18:26:47","slug":"spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m","status":"publish","type":"post","link":"https:\/\/cryptd.in\/bg\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/","title":{"rendered":"SPX6900 Price Pumps 16% After Coinbase Listing as Meme Index Presale Nears $4M"},"content":{"rendered":"

The meme coin sector has seen another sharp move, with SPX6900 (SPX) jumping 16% in the past 24 hours.<\/p>\n

Trading volumes for the popular token soared after its much-anticipated Coinbase listing.<\/p>\n

Meanwhile, Meme Index (MEMEX) is also gaining traction \u2013 closing in on $4 million in its presale phase.<\/p>\n

SPX6900 Surges as Coinbase Launches Perpetual Futures Trading<\/h2>\n

SPX6900 spiked after Coinbase International Exchange introduced perpetual futures trading<\/a> for the meme coin earlier today.<\/p>\n

The token spiked to $0.72<\/a> as traders rushed to take advantage of leveraged positions.<\/p>\n

\"\"<\/a><\/p>\n

These new futures contracts, offering up to 20x leverage with USDC settlement, have opened the door for non-US retail traders to speculate on SPX\u2019s price movements.<\/p>\n

Unlike standard futures, perpetual contracts don\u2019t expire.<\/p>\n

This lets traders hold positions indefinitely \u2013 as long as they maintain enough margin.<\/p>\n

The response to Coinbase\u2019s listing has been explosive.<\/p>\n

SPX\u2019s spot trading volume has climbed to $27 million in the past 24 hours, and sentiment on crypto Twitter is bullish.<\/p>\n

\"\"<\/a><\/p>\n

For longtime SPX holders, this moment feels like validation for a project that has struggled for momentum in the last month.<\/p>\n

Still, some experts think today\u2019s rally will fizzle out fast.<\/p>\n

They think the initial euphoria will die down, leaving SPX vulnerable to a sharp correction.<\/p>\n

Meme Coin Market Stalls While SPX6900 Defies the Trend<\/h2>\n

SPX6900\u2019s rally stands out against a meme coin sector<\/a> that has mostly stalled in February.<\/p>\n

Market leaders DOGE and SHIB have posted slight gains in the past day, while most of their competitors trade sideways or slip lower.<\/p>\n

FLOKI, for instance, has dropped 4% since yesterday.<\/p>\n

The total meme coin market cap remains below $70 billion, still well off January\u2019s peak when it hit $117 billion.<\/p>\n

This flat performance reflects broader uncertainty around crypto as investors navigate some conflicting signals.<\/p>\n

\"\"<\/a><\/p>\n

Regulatory concerns are one of them.<\/p>\n

In Europe, stablecoin regulations are tightening, while the U.S. is considering stricter reporting requirements for DeFi platforms.<\/p>\n

On top of that, stubborn inflation figures are keeping the Federal Reserve from cutting rates, further dampening investor enthusiasm.<\/p>\n

The market seems to be in \u201cwait and see\u201d mode.<\/p>\n

The fact that Bitcoin is still trading below $100,000 hasn\u2019t helped matters, with the Crypto Fear & Greed Index<\/a> now stuck at 49 \u2013 bordering on \u201cFear\u201d territory.<\/p>\n

Meme Index Goes Viral with ETF-Style Approach to Meme Coins and Raises $3.7M<\/h2>\n

While SPX benefits from Coinbase-fueled hype, another project is stirring up some serious buzz.<\/p>\n

Meme Index<\/a> has raised $3.7 million in its presale, with early investors securing MEMEX tokens for just $0.0163585.<\/p>\n

Think of Meme Index as an ETF for meme coins.<\/p>\n

Unlike most of these coins, which rely solely on hype, Meme Index has a genuine use case.<\/p>\n

\"\"<\/a><\/p>\n

It\u2019s got four different indexes of coins \u2013 Titan, Moonshot, Midcap, and Frenzy \u2013 tailored to different risk levels.<\/p>\n

These indexes give diversified exposure to the meme coin market without the hassle of researching dozens of individual tokens.<\/p>\n

The team is out to solve the biggest problem with meme coins \u2013 picking winners.<\/p>\n

And YouTuber ClayBro<\/a>, who has over 136,000 subscribers, said that\u2019s why Meme Index could be a \u201c10x gainer\u201d once it goes live later this year.<\/p>\n

ClayBro also noted that MEMEX holders have a say in how each index is structured.<\/p>\n\n

<\/div>\n

MEMEX holders can vote on which coins should be included in each index, ensuring the portfolios evolve with the market.<\/p>\n

Meme Index even has a staking program<\/a> offering APYs of 603%.<\/p>\n

Some early backers are now drawing comparisons between Meme Index\u2019s presale momentum and SPX6900\u2019s early run, hinting at similar upside potential when MEMEX hits exchanges.<\/p>\n

Given the growing need for structure in the meme coin space, they might be right.<\/p>\n

Visit Meme Index Presale<\/a><\/p>\n

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Readers are also advised to read CryptoPotato\u2019s\u00a0full disclaimer<\/a>.<\/em><\/p>\n

\u041f\u0443\u0431\u043b\u0438\u043a\u0430\u0446\u0438\u044f\u0442\u0430 SPX6900 Price Pumps 16% After Coinbase Listing as Meme Index Presale Nears $4M<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The meme coin sector has seen another sharp move, with SPX6900 (SPX) jumping 16% in the past 24 hours. Trading volumes for the popular token soared after its much-anticipated Coinbase listing. Meanwhile, Meme Index (MEMEX) is also gaining traction \u2013 closing in on $4 million in its presale phase. SPX6900 Surges as Coinbase Launches Perpetual […]<\/p>\n","protected":false},"author":1,"featured_media":17446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nSPX6900 Price Pumps 16% After Coinbase Listing as Meme Index Presale Nears $4M - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/bg\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPX6900 Price Pumps 16% After Coinbase Listing as Meme Index Presale Nears $4M - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The meme coin sector has seen another sharp move, with SPX6900 (SPX) jumping 16% in the past 24 hours. 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Trading volumes for the popular token soared after its much-anticipated Coinbase listing. Meanwhile, Meme Index (MEMEX) is also gaining traction \u2013 closing in on $4 million in its presale phase. SPX6900 Surges as Coinbase Launches Perpetual […]","og_url":"https:\/\/cryptd.in\/bg\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/","og_site_name":"cryptd.in","article_published_time":"2025-02-20T18:26:47+00:00","author":"cryptd.in","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cryptd.in","Est. reading time":"4 \u043c\u0438\u043d\u0443\u0442\u0438"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/#article","isPartOf":{"@id":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/"},"author":{"name":"cryptd.in","@id":"https:\/\/cryptd.in\/#\/schema\/person\/7973e8183bc6723b86adfe84d5af0ce4"},"headline":"SPX6900 Price Pumps 16% After Coinbase Listing as Meme Index Presale Nears $4M","datePublished":"2025-02-20T18:26:47+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/"},"wordCount":750,"commentCount":0,"publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"image":{"@id":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2025\/02\/memex_meme_index_sp6900-AS3gRo.jpeg","articleSection":["Feeds"],"inLanguage":"bg-BG","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/","url":"https:\/\/cryptd.in\/spx6900-price-pumps-16-after-coinbase-listing-as-meme-index-presale-nears-4m\/","name":"SPX6900 Price Pumps 16% After Coinbase Listing as Meme Index Presale Nears $4M - 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