SPX6900 and PIKA Price Predictions: Monumental Gains Expected in the Coming Weeks

Grounded in unshakable community sentiment, both of these crypto giants are set for monumental gains in the coming weeks

Both SPX6900 and PIKA are memecoins that have seen astronomical price increases in recent months. While both projects have their strengths, their vastly different market caps and trajectories could lead to contrasting outcomes in the coming weeks.

SPX6900, a memecoin that launched in August 2023, has seen its price飆漲 over 2,000% in the past month alone, without any major pullbacks. During this period, its market cap soared from $17 million to over $800 million, reaching an all-time high of $0.9599 on October 13th. As expected, the token’s listing on several new exchanges increased its exposure and trading opportunities, allowing millions of more users to get their hands on it.

At the time of writing, SPX is trading at $0.7718, with a 24-hour trade volume of $57.23M. According to CoinGecko, the token’s market cap currently stands at $718.99 million.

Given the massive gains that SPX6900 has seen in such a short span of time, many are wondering what the future holds for this memecoin. Industry predictions suggest a possible $1 price target for SPX, which would see the token cross a whopping $1.7 billion in market cap. However, more realistically, current resistance and support levels indicate potential pullbacks at around the $0.60-$0.66 cent range, which would still indicate huge gains for those that entered at lower price points.

However, recent insights from on-chain data platform Lookonchain have revealed that the project’s whales have started taking profits from their SPX6900 bags. As simple economics suggests, this could mean that a sharp decline is on the cards for this memecoin phenomenon, although time will only tell how big of an impact this selling pressure creates.

Another concern regarding a SPX price prediction is the recent insights that have arisen from on-chain data platform Lookonchain, which reveals that the project’s whales have started taking profits from their SPX6900 bags. As simple economics suggests, this could mean that a sharp decline is the cards for this memecoin phenomenon, however time will only tell how big of an impact this selling pressure creates.

Finally, another factor to consider is the downward panic selling of SPX6900 that could arise if Murad – whose public wallet holds 30 million SPX6900 coins – begins to take even the smallest amount of profits on his SPX6900 portfolio. In turn, this makes the above price prediction somewhat prone to market volatility given the project’s reliance on big-name holders and whales.

Now moving onto PIKA, a memecoin movement that sits at a unique position in the market through simultaneously being the native token of in-development Triple-A open world Web3 game Pikamoon. Being behind SPX in terms of launch date, it also becomes pretty intuitive to see how PIKA’s rise is programmed-in for the months ahead.

At the time of writing, this high potential meme-come-GameFi token is sitting at a massive undervaluation of $0.000382, partially due to the project flying under the radar as crypto enthusiasts stay glued to the industry’s short-term winners. As the below bullets will examine, this price is predicted to skyrocket 1000x and beyond as memecoin and GameFi mania gathers momentum, not purely through the memecoin prowess of its unshakable Pika Army community, but also through the unprecedented waves in which its game developer Orbit Cosmos is making within the gaming industry at large.

This presents an opportunity for PIKA to topple $0.10, $0.20, or even $0.50 as Pikamoon game development ramps up along the growth of the Pika Army.

In fact, PIKA’s road to $0.1 and beyond will largely be achieved through the powers of the 70,000 strong Pika Army. As memecoin prophet and SPX whale Murad has spoken on numerous occasions, a rock-solid community that’s established during a fair token launch is what initiates a memecoin movement. The Pika Army has this all-or-nothing trait covered, as its sell-out presale allowed early adopters to invest at price levels of $0.0002, $0.0004, and $0.0006, before the token launched at just $0.0007. This period also saw what the Pika Army coined the ‘PIKA Gold Rush,’ as over $1.4 million was raised in less than a week, contrary to the bearish sentiment that dominated the market at that time.

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