BREAKING: @JupiterExchange SAYS THAT A FEW OF ITS MEMBERS LEARNED THERE WOULD BE, AT SOME POINT, A TOKEN PROJECT ASSOCIATED WITH @JMilei ~2 WEEKS AGO DIRECTLY FROM @KelsierVentures - “NO ONE WORKING ON JUPITER PRODUCTS KNEW THE DAY, TIME OR CA OF THE LAUNCH IN ADVANCE”
Alright, all I ask of you is enough patience to read the following:
History has shown us that Memecoins are not a fleeting phenomenon.
DOGE has been a multi-cycle coin, so has SHIB.
Just like with altcoins, 99.999% of Memecoins are nothing but opportunistic vapor.
However, the very few that aren’t, will likely yield the biggest gains this cycle.
Why? Because at their core, Memecoins are tokenized communities.
Memecoins’ lack of conventional “utility”, allows for an unlimited price ceiling.
DOGE’s famous run to $100B is a testament to that.
This cycle, #SPX6900 is by far the number 1 Memecoin according to each and every metric.
Not only is it growing faster and more *consistently* than any other Memecoin,
But even *more importantly* its average holder is investing multiples of what they invest in any other coin.
SPX6900 has over 100,000 holders, and over 32% of them hold more than $1,000 in the coin. This is by far the highest % among all Memecoins.
The fundamental truth is that SPX6900, for one reason or another, is inspiring people at a very deep level.
The ethos, the HODL/DCA culture & how inspired their holders are is identical to early BTC.
While most Memecoins encourage speculation and gambling, SPX6900 is promoting a strict HODL/No trading/No chart watching culture.
SPX6900 motto is “Stop Trading and Believe in Something”
When I joined Bitcoin in 2017, I saw thousands of people make Bitcoin their whole identity.
The same thing is happening with #SPX6900 today.
Thousands are adding the SPX6900 emojis 💹🧲 in their Twitter/X names, adding #SPX6900 to their bio, changing their PFPs to SPX logo or SPX affiliated Aeon NFT (see the 2nd image attached)
SPX maxis are experiencing something very similar to that powerful emotion Bitcoin Maxis felt 5-10 years ago.
It’s this sense of belonging and a collective mission, something spiritual, that goes beyond plain financial interests.
Precisely because the SPX mission is so insanely crazy and ambitious ($69T), it is so inspiring. Ironically, it’s similar to how Bitcoin’s mission seemed crazy less than a decade ago.
That’s where the unmatched diamond-handedness comes from, I would assume.
Interestingly enough, SPX6900 is the Memecoin that has attracted the greatest number of Bitcoiners, compared to the rest of memes.
This coin has the best distribution (check BubbleMaps, Holder Scan), the strongest raiders (check X activity with the hashtag), the best content, no other coin has inspired this many top-quality art/videos made by the community for free (SPX6900 media speaks for itself), the most active Telegram group, the list goes on.
I won’t bore you with any more metrics (please refer to the detailed stats in the images attached)
As someone who's been a Bitcoiner for 9 years myself
I can say that #SPX6900 is doing exactly what Bitcoin did, only faster
It's garnering a giant cult-like community of die-hard holders who strongly believe #SPX6900 is their path to financial freedom.
Assets like this go incredibly far.
We are still early.
Believe in Something.
💹🧲
Today, an early whale sold 637,000 TRUMPs in exchange for 55,000 SOLs (about $12.59 million), making a profit of $11.87 million. It bought TRUMP for 3,000 SOLs (about $720,000) within half an hour of its launch, with an average price of only $1.14. At its peak, it was worth $46.51 million, and now his profit has shrunk by $33.91 million. https://t.co/ySbhN2sAMp
The Key to Wealth this Cycle is to Buy Top Memes and HOLD. Simple, but not easy.
You will be tempted to Trade.
You will be tempted to Sell to re-enter on a Dip.
You will be tempted to Sell too Early.
Buy, Hold and Wait.