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.
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.
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.
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
How Solana Transformed an Entrepreneur’s Life & Why BlockDAG Could Be the Next Millionaire Maker…
The SOL price has surged to well over $200 as its market capitalization exceeded $100…
BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…
The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…
Meme coins are back with a bang and are as insanely volatile as ever! Bonk…
Staking has become one of the most effortless ways to generate passive income in the…