BlackRock Quietly Accumulates SPX6900 as Memecoin Prices Plunge – Traders Target $2 Breakout

SPX6900 has extended its rally by 2% to $1.66, marking the highest level since January and expanding its valuation to $1.5 billion. The Ethereum-based token has surpassed key rivals and has attracted backing from BlackRock and investor Murad Mahmudov, who has argued its path to a $1 trillion cap.