What to know:
- SPX6900 (SPX) achieved a capitalization exceeding $1.1 billion earlier today, surpassing $1.25 and breaking the previous high of $0.90 from November.
- This rise occurred while AI Agent projects, including Virtuals (VIRTUALS) and ai16z (AI16Z), saw an average drop of 8%.
- The SPX community initiated the trending Crypto Twitter phrase: “stop trading and start believing in something.”
A crypto community is advancing a vision to reshape the U.S. stock market, with ambitions yet to be fully realized. SPX6900 has crossed $1.1 billion in market cap, aiming to redefine memecoins on platforms like Crypto Twitter. This milestone was reached alongside a downturn for several AI Agent projects, facing scrutiny for their AI claims.
The Ethereum-backed SPX6900 has a circulating supply of 930 million tokens, nurturing a community that sees the project as a pathway to financial independence.
“You were born into a world where buying a house means taking on a mortgage in the hundreds of thousands. You’ve entered an investment landscape where the Stock Market has already celebrated its most significant gains, leaving you to wonder what’s left for you.”
This manifesto resonates with sentiments linked to the inception of cryptocurrencies, which were developed in the wake of significant economic crises.
Quote:
“stop trading and believe in something
— SPX6900💹🧲 (@spx6900)
The SPX6900 project and its community echo the origins of the meme economy, bringing together believers in a new financial narrative amidst the potential to surpass established memecoins like Dogecoin (DOGE) with a market and community-driven ethos.