💹 SPX6900: Belief Rocket Blasts Past $2—To $100 or Could it be Higher?

We nailed the SPX6900 buy at $1.62 on June 11, spotting the "pure belief asset" vibe before the crowd caught on. Now at $1.95 after tagging $2 for the first time, that's ~20% gains for Stonks After Dark readers who loaded the dip. With Murad's hype, community cult growth, and a deflationary flywheel burning supply, this meme coin's narrative is firing on all cylinders.

📊 Live Snap & Context

• Current Price: $1.95

• Price @ Original Report: ~$1.62

• Change: 🔼 +20% since our call – steady climb, hitting $2 high on July 20.

• 24h Range: $1.78–$2.03, a choppy push with mid-day peak – bounced around but hit new highs.

• Volume: ~$92M, above average ($65M), with spikes on hype days – solid trading, like a frenzy building.

• Market Cap: ~$1.83B, up 12% in 24h – token's total value, showing growing belief.

• Supply: 930M tokens, with deflationary burn mechanism reducing circulating supply – tokens getting scarcer, like burning cash to drive value up.

• Recent News: OKX perps listing (July 18) boosted liquidity; Murad's "Power of Belief" video (pinned) fuels community fire. No major partnerships, but ecosystem LP pools with $MOG, $PEPE, $GIGA add exposure. Q2 staking rewards distribution teased.

  
  

🚀 Recap: We Called the Buy, You Banked It

• Original Call: Buy at $1.62 as a "mission coin" with deflationary magic and cult community – we spotted the belief narrative early.

• What Happened: Token ripped to $2, delivering ~23% gains at peak – community growth and burn cycle kicked in.

• Why It Worked: Murad's hype, supply burns, and meme sector rotations aligned – belief turned into price action.

• Stonks Win: Readers who bought the dip are green; now let's lock gains and hunt for more.

  
  

🔥 What’s Driving the Action

• Belief Narrative Explosion: Murad's video and aeon community (Aeons) push $SPX as "spiritual gold" and S&P500 flipper – like $DOGE but with stock market lore, drawing in normies and degens.

• Insider/Community Confidence: No traditional insiders, but Murad and aeons like @CowellCrypto, @Chiron5555 bull posting daily – cult-like holding, with "persist forever" mantra.

• Fundamentals Breakdown: Pre-revenue (ttm $0), no growth trends yet – sales zero, starting from scratch. Gross/net margins N/A; net loss N/A as meme coin, but LP/ponzi mechanics burn supply on volume. FCF N/A, but ecosystem fees fund burns and pools – self-sustaining loop, like a flywheel spinning faster on hype.

• Valuation vs. Peers: Market cap $1.83B (above meme average $500M, e.g., $MOG $1.2B, $GIGA $800M). No P/E (no earnings), P/S N/A, but FDV (fully diluted value) $1.83B vs. $DOGE $20B or $SHIB $10B. Undervalued if S&P flip narrative sticks, overvalued in a meme glut macro (meme sector +50% y/y, CoinGecko Q2 2025) – cheap for a "movement coin," risky if belief fades.

• Macro Headwinds: Fed rates (5.25–5.50%) hit crypto liquidity (sector +30% YTD, but meme coins volatile). Meme adoption up 100% y/y (Messari Q2 2025), but trade tensions and inflation (3.2% CPI June) cap upside – U.S. stock market rally boosts S&P lore, but global slowdown hurts.

  
  

📉 Technical Breakdown

• RSI (14-day): ~68, hot but not overbought after spiking from 50 (July 19) – RSI high means "expensive," but room to run if >70 avoided.

• Stochastic Oscillator: %K at 85, %D at 80 – overbought, bearish divergence if $2 rejects – Stochastic high, hinting at pause or pullback.

• MACD: 0.08 (line) vs. 0.05 (signal), bullish crossover widening, histogram positive – momentum up, but watch for fade if peaks.

• Bollinger Bands: Price near upper band ($1.70–$2.10), bandwidth expanding – volatility spike, often followed by mean reversion to middle band ($1.90).

• Fibonacci Retracement: From July low ($1.72) to high ($2.03), current at 61.8% retrace ($1.85); 50% at $1.88 upside target – Fib levels show bounce or fall spots.

• Moving Averages: Price above 20-day SMA ($1.80), 50-day SMA ($1.70), but below 200-day SMA ($2.10) – short-term averages up, long-term down.

• Support: $1.85 (Fib 61.8%), deeper at $1.70 (50-day SMA) – levels where buyers might step in.

• Resistance: $2.03 (recent high), $2.10 (200-day SMA) – barriers for bulls to break.

• Volume: $92M (up from $65M average), with green bars dominating. OBV spiking, A/D line positive – accumulation building.

• Chart: Steady climb with green wicks, channel from June low ($1.62) to $1.95 holding. RSI divergence at highs and Bollinger expansion suggest volatility ahead – bulls need $2.03 break; bears eye $1.85 crack.

  
  

Vibe Check: Murad's hype and community cult lit the fuse, but overbought Stochastic/RSI and meme glut macro scream caution. Belief narrative keeps bears at bay, despite no fundamentals.

👁 Sentiment & Social Pulse

• X Chatter: Aeons hype: “$SPX6900 to $100, persist forever!” (@CowellCrypto, 200 likes, July 20). Skeptics counter: “$2 top, pullback city” (@BearMarketBob, 80 likes). Sentiment 80% bullish, up from 70%.

• Reddit: r/memecoins threads call SPX "cycle winner" (200 upvotes on “SPX6900 belief asset?”), r/investing debates meme risks (150 upvotes). r/wallstreetbets mocks “S&P flip meme” (100 upvotes).

• StockTwits: 85% bullish, posts on “$1.95 bottom, to $5” (@oldarmy1, 50 likes). Bear posts flag volatility (40 likes).

• Analyst Sentiment: No ratings; Stockinvest.us predicts $3.00–$5.00 in 3 months, citing narrative. Average target N/A, but market cap $1.83B vs. $DOGE $20B.

• News: OKX listing and Murad's "Power of Belief" video dominate, with focus on supply burn and LP pools. No partnerships, but community growth adds spin.

  
  

🎯 Updated Trading Playbook

• 🟢 Long-Hold Play (Belief Bet): Buy at $1.85–$1.95, near current or RSI <50 dip – scoop up when it's cheap or oversold.

• Stop Loss: Below $1.70—breaks 50-day SMA – bail if it falls under this.

• Targets:

  • T1: $2.03 (recent high) – first ladder up.

  • T2: $2.10 (200-day SMA).

  • T3: $5.00–$10.00 if belief narrative catches – aim for these ceilings.

    
    

• Why It Works: Bullish MACD + community cult + Bollinger squeeze = run potential – up MACD means momentum building.

  
  

• 🔄 Breakout Add-On: Break above $2.03 with volume (>$100M) – price jumps over key level with lots of trading.

• Action: Add 50% to position, move stop to $1.95 – pile on, adjust safety net.

• Target: $5.00–$10.00 if Q3 hype beats.

  
  

• 🔻 Short-Reject Play (Fade the Rally): Short at $2.03–$2.10, near resistance – sell when it hits these ceilings.

• Stop Loss: Above $2.20—breaks psych level – bail if it goes above here.

• Targets: $1.85 (Fib 61.8%), $1.70 (50-day SMA), $1.50 if narrative fades – aim for these floors.

  
  

⚠️ Risk Check

• Belief Trap: Murad's hype could ignite a squeeze if sentiment flips – big influencer could turn the tide.

• Meme Miss: No Q2 earnings (meme coin), but supply burn delay or crypto dump accelerates drop – bad vibes could tank it.

• Crypto Sector Drag: Broader sell-off (e.g., $DOGE down 10% YTD) on rates and growth slowdown exposes SPX6900 to churn – industry pain hits hard.

• Volatility Spike: Bollinger squeeze and low volume signal big move—down on macro, up on hype – expect wild swings.

• Competition: Rivals like $DOGE or $SHIB gain share; meme scrutiny caps upside – bigger memes stealing lunch.

  
  

🖤 The Stonks After Dark Verdict

$SPX6900’s a belief asset with Murad's narrative and supply burn sparking a 23% run from $1.62 to $2 high, but no revenue (meme coin), N/A margins, and FCF N/A spell high-risk hype. Valuation market cap $1.83B (above meme average $500M, e.g., $MOG $1.2B, $GIGA $800M), FDV $1.83B vs. $DOGE $20B or $SHIB $10B. Social hype’s intense, but uptrend channel and bullish MACD scream run. Buy at $1.85–$1.95, stop at $1.70, and aim for $2.03–$10.00. Add above $2.03 if volume confirms.