In an effort to uplift market sentiment, a leading crypto market analyst recently conveyed immense bullishness on the meme crypto SPX6900. Notably, in an X post on Friday, market analyst ‘Murad’ predicted that the abovementioned crypto could even flip Dogecoin. As a response, market watchers keenly dig into the token’s current market dynamics, speculating whether such a feat is possible ahead.
Top Market Expert Says SPX6900 Can Overtake Dogecoin
In a recent X post by Murad, the market analyst anticipated the meme coin market cap to hit the $1 trillion mark in 2025. Further, the analyst also sees Dogecoin hitting new highs this bull cycle. However, amid these bold predictions, the analyst revealed that he still believes in the SPX6900 token’s potential. As per the analyst, the SPX coin could even flip the top meme coin moving ahead.
Notably, the bullish projection comes against the backdrop of SPX 500’s monumental standing in the market, valued at trillions. Intriguingly, the analyst believes DOGE to be just a Dog-themed token, which already saw its cultural peak in 2013 and financial peak in 2021. Although he still believes that the dog-themed meme coin could pump further, the SPX6900’s underlying potential is worth looking into, per the analyst.
“SPX could be the next DOGE, Ripple, GME,” the analyst added, sparking significant market discussions. Notably, a previous post by the analyst revealed how the crypto’s market cap is already greater than 56% of all American publicly traded companies, solidifying bullish sentiments.
Coin Price Soars
At press time, SPX price witnessed gains worth 34% intraday and is currently sitting at $1.25. The coin’s 24-hour low and high were $0.935 and $1.27, respectively. Intriguingly, the asset’s intraday trading volume witnessed a 169% surge to $117.5 million, sparking optimism in tandem with the analyst’s bullish predictions.
Simultaneously, it’s also noteworthy that DOGE price traded at $0.3622, up 7.5% intraday. The coin’s 24-hour low and high were $0.3351 and $0.3638, respectively. Market watchers continue to extensively eye both the tokens in this bull cycle, speculating over which could outperform the other.
Coingape Staff
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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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