The price of $SPX (@spx6900) has skyrocketed by an astonishing 1,823% in just one month, turning heads across the crypto space.
The token’s meteoric rise is highlighted by the top 10 holders, who collectively own 171.55 million $SPX, valued at $144 million.
These top holders, spread across 32 wallets, control 18.4% of the total circulating supply and are sitting on unrealized profits totaling $140.9 million.
The $SPX (@spx6900) price has skyrocketed by 1,823% in just one month!
Note that the top 10 #SPX6900-holding entities currently hold 171.55M $SPX ($144M), or 18.4% of the circulating supply, across 32 wallets. Together, they have a massive unrealized profit of $140.9M, most of… pic.twitter.com/ekgovoNXGz
— Spot On Chain (@spotonchain) October 21, 2024
Explosive Growth Since Abstract Meme Launch
It has been only 10 days since the introduction of the Abstract Meme $SPX, yet the token’s market capitalization has surged to nearly $750 million. This remarkable growth has made $SPX one of the hottest tokens on the market.
Smart Money Profits
Since September 24, the average purchase price of $SPX has been just $0.28. Smart investors who have accumulated 14.43 million $SPX are now enjoying floating profits of $7.41 million.
One notable investor, holding a large position of $4.53 million, still maintains an impressive return rate of 183%.
Despite the massive price rally, this investor has not sold a single token, signaling strong confidence in the future of $SPX.
距离介绍抽象派 Meme $SPX 十天过去了，它的市值竟然蹿到了近 7.5 亿美金🚀
09.24 以来均价 $0.28 建仓 1443 万枚 SPX 的聪明钱现已浮盈 741 万美金！一个 Meme 重仓了 453 万美金，仍保持着 183% 的回报率，不容易啊
这位大佬截止目前还没有过卖出行为，打算当钻石手了？💎https://t.co/UHHuSRY1w1 https://t.co/IctJc7wU26 pic.twitter.com/IJ7ICSA8bb
— Ai 姨 (@ai_9684xtpa) October 21, 2024
Holding Strong Amid Unprecedented Gains
As $SPX continues to attract attention, many of the top holders are opting to hold onto their positions, further fueling speculation that the token could see even more growth. With its current upward trajectory, $SPX is quickly becoming a standout in the meme token landscape, and investors are closely watching to see where the token goes next.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: mysteryshot/123RF
