Visit Meme Index Presale<\/b><\/a><\/p>\nSPX6900 ($SPX)<\/h2>\n
As a parody of the S&P 500, the SPX6900 ($SPX) meme coin has already made a name for itself as a star player in the ongoing \u201cmeme coin supercycle\u201d narrative.<\/p>\n
Led by top influencers such as Murad Mahmudov, the hype around SPX has generated huge returns for investors \u2013 although the coin\u2019s price has since declined, following the formation of a classic double-top chart pattern:<\/p>\n
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At the time of writing, SPX\u2019s fortunes appear to have already reversed, with a double-bottom chart pattern signaling a potential return to this crypto\u2019s all-time high around $1.80. SPX\u2019s trading volume has stayed notably consistent over the last few months \u2013 which is a sign of popularity among day traders and degens, who like to stay active in the crypto markets no matter its overall conditions.<\/p>\n
With a neutral RSI leaving space for an incoming pump, we could easily see SPX break the $1 level once more \u2013 after which the bulls would need to re-establish support at that point. $2 would be a fair target after that, so SPX6900\u2019s journey doesn\u2019t seem to be finished just yet.<\/p>\n
Fartcoin ($FARTCOIN)<\/h2>\n
While SPX6900\u2019s parody narrative has inspired ongoing community support, Fartcoin ($FARTCOIN) is still battling through tough times following its -86% price decline over the last month.<\/p>\n
Given this meme coin\u2019s name, it probably isn\u2019t surprising that Fartcoin investors seem less than keen to hold this crypto for an extended period of time. At this point, Fartcoin has already been through multiple severe sell-offs (including 57% drops), and its comedic theme is not oriented towards long-term sustainability.<\/p>\n
That said, the remaining Fartcoin bulls still have a chance at regaining some ground, due to a potential bullish descending wedge pattern on the coin\u2019s daily chart:<\/p>\n
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If this pattern proves to be valid, a pump towards $1 could reignite wider interest in Fartcoin. A break through that psychological resistance would put $2.75 back in play \u2013 so as long as the Fartcoin meme can survive within the degen community (which has a notoriously short attention span), investors could still make serious gains here.<\/p>\n
Key technical indicators such as Fartcoin\u2019s RSI (close to oversold) and its trading volume (staying consistently healthy in recent weeks) also support a bullish thesis \u2013 and their histories have established a potential playbook to help traders spot the signs of Fartcoin\u2019s next price peak.<\/p>\n
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