SPX Jumps 80%: Meme Coin Soars Past Fartcoin, Challenges Market Leaders

SPX, a meme coin built on Ethereum with cross-chain support on Solana and Base, has seen explosive growth this month, surging by an impressive 80% to reach nearly $1.6 billion in market capitalization. The token recently hit its highest point since January 2025 at $1.63, challenging even the top meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). Analysts are split on what comes next. Some predict a new all-time high for SPX, while others warn of a short-term pullback before potential further gains.