SPX (SPX6900) rose 3.53% in 24 hours

Gate News Bot message, September 11th, according to CoinMarketCap data, as of the time of writing, SPX (SPX6900) is currently priced at $1.44, having risen 3.53% in the last 24 hours, with a peak of $1.48 and a low of $1.07. The current market capitalization is approximately $1.344 billion, an increase of $45.8 million compared to yesterday. Currently, SPX ranks 71st in global Crypto Assets market capitalization.

SPX6900 is a multi-chain-based token project with a total supply of 1 billion coins, currently circulating a supply of 931 million coins, with 6.9069 million coins destroyed (accounting for 6.9%). This project aims to challenge the limitations of traditional financial metrics, advocating the philosophy of "Peaceful Living Over Greed" (PLOG). SPX6900 has also launched an NFT series called "Project AEON", which includes 3333 unique Aeon characters.

Important news about SPX recently:

1️⃣ Large exchanges will soon list the SPX coin The well-known cryptocurrency exchange Coinbase has announced that it will add support for SPX6900 (SPX). This news could significantly enhance the liquidity and market attention of SPX, bringing more trading opportunities and potential investors.

2️⃣ SPX price continues to rise The SPX price has shown strong upward momentum in the past few days. On September 8, the SPX rose 14.13% within 24 hours, reaching a high of $1.31. This sustained upward trend reflects the market's positive sentiment towards the SPX project.

3️⃣ Large tokens withdrawn from centralized exchanges A crypto assets whale withdrew $2.26 million worth of SPX coins, totaling 2 million coins, from a centralized exchange. This move may indicate the investor's confidence in holding SPX for the long term, while also potentially reducing the immediate available supply in the market, which could drive a short-term price rise.

From a technical perspective, SPX has recently shown a strong rise trend, indicating robust market momentum. However, investors should remain vigilant about potential pullback risks. On the fundamental side, the characteristics of SPX as a multi-chain token project provide it with broader application scenarios and liquidity, which may be one of the important factors supporting its price performance.

This message is not an investment advice; investors should be aware of the market volatility risks.

SPX-3.91%
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