In an effort to uplift market sentiment, a number one crypto market analyst lately conveyed immense bullishness on the meme crypto SPX6900. Notably, in an X publish on Friday, market analyst ‘Murad’ predicted that the abovementioned crypto might even flip Dogecoin. As a response, market watchers keenly dig into the token’s present market dynamics, speculating whether or not such a feat is feasible forward.
High Market Professional Says SPX6900 Can Overtake Dogecoin
In a current X publish by Murad, the market analyst anticipated the meme coin market cap to hit the $1 trillion mark in 2025. Additional, the analyst additionally sees Dogecoin hitting new highs this bull cycle. Nonetheless, amid these daring predictions, the analyst revealed that he nonetheless believes within the SPX6900 token’s potential. As per the analyst, the SPX coin might even flip the top meme coin transferring forward.
Notably, the bullish projection comes in opposition to the backdrop of SPX 500’s monumental standing available in the market, valued at trillions. Intriguingly, the analyst believes DOGE to be only a Canine-themed token, which already noticed its cultural peak in 2013 and monetary peak in 2021. Though he nonetheless believes that the dog-themed meme coin might pump additional, the SPX6900’s underlying potential is value trying into, per the analyst.
“SPX may very well be the following DOGE, Ripple, GME,” the analyst added, sparking vital market discussions. Notably, a earlier publish by the analyst revealed how the crypto’s market cap is already larger than 56% of all American publicly traded corporations, solidifying bullish sentiments.
Coin Worth Soars
At press time, SPX worth witnessed positive aspects value 34% intraday and is presently sitting at $1.25. The coin’s 24-hour high and low had been $0.935 and $1.27, respectively. Intriguingly, the asset’s intraday buying and selling quantity witnessed a 169% surge to $117.5 million, sparking optimism in tandem with the analyst’s bullish predictions.
Concurrently, it’s additionally noteworthy that DOGE price traded at $0.3622, up 7.5% intraday. The coin’s 24-hour high and low had been $0.3351 and $0.3638, respectively. Market watchers proceed to extensively eye each the tokens on this bull cycle, speculating over which might outperform the opposite.
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