Do you understand that we are built different?
Do you understand that SPX6900 community is Ultra Diamondhanded?
One by one, EVERYONE will acknowledge that $SPX is the STRONGEST coin of the CYCLE, and that it's not even close.
Is @MustStopMurad right?
We don't know for sure. But the more I dig into the data, the more interesting the setup looks for @spx6900:
1. SPX has 32% of WIF's tokenholders/unique wallets. It has less than 20% of PEPE's holders.
2. But SPX has more holders with greater than $1k than WIF. And a higher % of total holders with greater than $1k than PEPE
3. The same is true for holders with greater than $10k. Again, SPX has more than WIF and a higher % of total holders with greater than $10k than PEPE
4. Same idea for holders with over $100k. SPX beats out WIF again, and has a higher % of holders with greater than $100k than PEPE
5. SPX even has more holders with greater than $1m than WIF. It has nearly half the number of PEPE.
Remember, SPX has a market cap that is just 10.5% of PEPE's today.
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Feels like there is something interesting going on here.
Why?
I just don't see a lot of other memecoins that are developing these types of holder dynamics.
For example, @RaoulGMI's favorite memecoin, SCF, has just 260 holders with greater than $10k. Only 24 holders with over $100k. And 0 holders with over $1m.
The data seems to be saying that SPX holders have more conviction than other memes I've been studying.
Which is exactly what Murad has been preaching.
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I'll leave you with this:
What do you think is going to happen *if* @spx6900 breaks out after consolidating for 3 months?
Remember. Murad has inspired an army of evangelists.
Do you really think another meme is going to have a better narrative + the onchain data to prove holders have conviction?
If so, what makes you think that?
*Note: SPX data includes Solana and Ethereum contracts only (token is also available on Base).
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P.S. I wrote about SPX in a note to readers of The DeFi Report last month. Link in the first comment below if you'd like to check it out ๐
Data: powered by @HolderScan
Good time to get some #HarryPotterObamaSonic10Inu if you have been sidelined.
My target for the cycle remains $20.
An 80x from here. ๐ฆ๐จ๐ฅ
#RETAIN
I usually don't trade much in December but this year is going to be an exception...
Can't resist to a potential BTC.D drop and an altcoin rally.
I'll post a video about it this week, just give me 48 hours to prepare it ๐คโ๏ธ
$BTC.D
Looking like a top so far. The level got hit exactly, even with a slight LTF deviation about it ๐จ
It's as if the gods were just waiting for me to ask... so beautiful.
Should be the right time to enjoy altcoin rallies - if BTC pullbacks, I'll fill my last positions.
We have been on the right side of history since the 15K bottom, up to ETF listing, then the range high, then the range, then the range low, then the breakout, now we are at the "hardest" level. I get it, it's one of those levels, but I don't think we are wrong here.
With haste!