Meme Coin Market only recorded a 16% surge every day, showing a huge bullish cycle. After Bonk appeared on the re-shuffle of Grayscale’s Q3 fund, momentum was picked up and quietly examined Meme Coins as part of a wider market structure.
Over the past 24 hours, capital has begun to move as if it is spinning into the real sector. From rising volumes to synced breakouts, the signs are consistent. So the question is back to the table: Is the Meme Coin Supercycle finally ongoing?
Memecoin’s market capitalization exceeds $73 billion
Over the past 24 hours, total market capitalization has increased to $73 billion, with 16% profit and $26 billion trading volume. This number has not been seen since the peak altcoin spin in early 2024.
But it’s broadening that shows structural momentum beyond the total.
Solana memes such as Bonk and Wif won over 12%. Dog-themed giants like Doge and Shib gathered in sync. Even fringe verticals like the 4chan tokens and speculative “Murad Picks” recorded double digit profits.
Even Murad Mahmudov, once a stubborn Bitcoin maximalist, now supports Memecoin as the next frontier of speculative attention. As tracked in Coingecko, his current “Murad” picks include SPX6900, MOG, Popcat, Gigachad, and APU, each surrounded by “pure meme exposure” in the culture cycle.
Supported by whale purchases and volume spikes, Pepe led a $1.37 billion trading activity with a 24-hour volume.
The statistics suggest a coordinated market-wide rotation dealing with capital dealing with meme assets as part of the shared narrative.
SPX6900 appears as the previous token
Within the coordinated gathering, the SPX6900 has established itself as a token used by traders to track sector health.
It’s not an official basket or index, but SPX has now symbolized metamem exposure. This is a chart that many traders refer to when measuring broader meme emotions.
SPX6900 is a meme sector native token that will become an informal benchmark in the market for tracking the momentum of meme coins.
Two important signals stand out.
The number of holders has skyrocketed above 43,400, marking local highs
Exchange inflows have fallen, pointing to lower selling pressure and increased convictions
This combination, more wallet holdings, fewer tokens sent to exchange suggests that capital is spinning with medium term intentions. And because SPX charts often go further than tokens like Pepe, Wif and Bonk, they are now treated as a proxy for sentiment across the sector.
SPX does not represent baskets, but its actions shape the narrative structure of the Memecoin Supercycle.
SPX Price Action and BTC Decoupling Fuel Super Cycle Talk
Sentiment and wallet data sets stages, but the SPX6900 price list could trigger the next leg of Meme Coin Rally.
The token is currently trading at $1.67, just 1.7% below its all-time high of $1.74. This is a level that you haven’t seen for over six months. Importantly, SPX already supports $1.55, indicating that the gathering is not merely a reactionary. Behind it is the structure.
If the chart is held above that zone, traders will monitor $1.739 or more as a breakout level to confirm the continuation of the entire sector.
It’s clear that invalid people are also invalid. A sustained drop below $1.45 can break bullish construction and stop wider meme rally.
This makes SPX one of the cleanest risk reward charts in the meme space, and its technology is increasingly being used to measure the health of the entire sector.
Adding more weight to the paper is SPX’s decoupling from Bitcoin.
Over the past week, SPX has outperformed BTC in relative terms. This is something that is rarely seen in meme cycles that historically follow Bitcoin volatility.
This early leadership suggests that the Meme Coin sector may no longer need BTC to break first. Instead, meme traders are leaning towards SPX as the sector’s momentum leader, using their structure as a confirmation.
If a breakout exceeds $1.77, it will cause fresh waves of influx not only in SPX but throughout the entire Meme Coin ecosystem, rekindling forgotten tokens and speculative forks.
In short, the SPX6900 could be a chart that will see if this meme season is a short rally or if it’s the actual start of the memecoin supercycle.
Post-meme coin sector surges by 16% – Is Supercycle finally here? It first appeared in Beincrypto.
