SPX6900, a unique memecoin, has seen a 5% jump in the last 24 hours and a remarkable 125% surge in the past month, now trading at around $1.15.
Despite the absence of significant announcements or marketing efforts, SPX6900 has displayed strong market activity, holding a market cap of $1.06 billion with daily trading volumes surpassing $78.08 million.
The driving factors behind SPX6900's rally remain unclear, with speculations ranging from low token supply to potential whale accumulation or internal activities.
Technically, SPX6900 shows bullish momentum, with indicators like RSI and MACD supporting the current uptrend. Traders are closely watching for a breakout above the $1.20 resistance level while monitoring volume and momentum shifts for potential pullbacks.