SPX6900 Surges 20% Weekly Amid Rising Social Buzz Despite Network Activity Dip
SPX6900 (SPX) rallied 8% in 24 hours to $1.42, extending its weekly gain to 20% with $94M daily volume. The meme coin's social dominance hit a two-month high of 0.913%, per Santiment data, signaling renewed retail interest.
Paradoxically, active addresses declined during the pump - a divergence suggesting speculative trading outweighs organic adoption. The token remains 17.8% below its June 2025 ATH of $1.73, though technicals show strength as price holds above key trendlines.