Top meme coins, such as Dogecoin, Bonk, and Pepe, are down today due to a Bitcoin retracement from $118,000 to $115,000. However, smart meme coin traders who know where to look have defied the slump.
For example, Pepecoin has rallied by 45%, and Vine Coin has increased by 42%. And one project gaining serious traction is TOKEN6900 ($T6900). It’s an alternative to the SPX6900, the viral part-meme coin, part-culture coin.
Up 1.9% today, SPX6900 is the best-performing top 10 meme coin, a reflection of the broader trend in which the project has outperformed all other top meme coins this year with an 8,476% gain.
TOKEN6900 is undergoing a presale and has successfully reached the $1 million total raised milestone, echoing SPX6900’s success.
But with the $SPX market capitalization now at $1.6 billion, top analysts are urging investors to seek out smaller alternatives, such as TOKEN6900, if they want a chance at truly life-changing returns.
Next SPX6900? TOKEN6900 presale signals massive potential
The meme coin market is full of projects hoping to be the next Dogecoin, Shiba Inu, or Pepe – but not many are trying to be the next SPX6900. This alone helps TOKEN6900 differentiate itself from other meme coins on the market, contributing to its promising outlook.
And its $1 million presale raise illustrates that it has equitable backing, not just hype. And what’s interesting is that SPX6900 is built around the ethos of non-selling. It’s why the project has rallied 1.9% today while Dogecoin and Pepe are down 2%.
It’s also why SPX6900 was the first top ten meme coin to create a new all-time high on this current leg up.
Should the TOKEN6900 community embrace the same collective meme-fueled delusion as the $SPX community (which is the likely outcome), then its incoming demand post-exchange launch could significantly benefit the price.
And spearheading its bullish outlook is the project’s tiny market capitalization. While SPX6900 has a $1.6 billion valuation, and meme coins like Pepe, Shiba Inu, and Bonk are worth multiple billions, TOKEN6900 will list on exchanges with a $6 million market capitalization.
Could TOKEN6900 give 1,000x returns like $SPX?
A 1,000x would only make $T6900 the third-largest meme coin on the market – and that’s assuming every other meme coin remained stagnant. More likely, the entire market will go parabolic if $T6900 achieves a 1,000x increase – SPX6900 might even surpass $10 billion.
However, TOKEN6900 doesn’t require a 1,000x increase to generate life-changing gains; even a 10-100x would suffice. For example, a 100x gain would turn a $10,000 investment into $1 million, or a 10x gain would turn a $20,000 investment into $200,000. Given its current low market capitalization and presale momentum, these gains shouldn’t be ruled out.
And 100x is the target that several analysts have mentioned. One is HotCuppaCrypto, who recently appeared on the Cryptonews YouTube channel and said TOKEN6900 could be “the next meme coin to pump 100x.”
Similarly, analyst Umar Khan floated a 100x target on the 99Bitcoins YouTube channel, which boasts 700K subscribers.
Don’t miss $T6900 presale’s $5 million hard cap
The TOKEN6900 presale has a hard cap of $5 million. Once this level is reached, the presale will be switched off, and $T6900 will list on exchanges. It’s at this point that supply and demand forces kick in, and the price could start to explode..
What’s worth underlining is that 80% of the total supply is available at presale, meaning it will list on exchanges at a valuation of $6 million.
That makes the token scarce but also leaves massive room for growth. Suppose just a couple of whales decide to hold $T6900 long-term, there’ll only be a marginal supply left for new investors, translating to strong upward pressure on the price.
As such, potential buyers should not wait to get involved. Miss the presale, and you could end up paying a much higher price once $T6900 hits exchanges.
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