The post SPX6900 & FLOKI Rally Strong as BONK and Fartcoin Pause—What’s Next for Memecoins? appeared first on Coinpedia Fintech News
The memecoin space is witnessing a sharp divergence in momentum, driven by evolving tokenomics, shifting liquidity flows, and growing investor segmentation. While emerging assets like SPX6900 and FLOKI attract significant capital inflows due to ecosystem upgrades and increased market visibility, others such as BONK and Fartcoin are entering consolidation phases, reflecting temporary equilibrium between buyers and sellers.
These movements are not random hype cycles but are rooted in real developments—ranging from community expansion and project funding to whale behavior and strategic token burns. Here’s the analysis of the recent movements and projections for the short term.
SPX6900 Eyes $2 as Momentum Builds
SPX6900 has emerged as one of the strongest performers in the current memecoin cycle, gaining nearly 12% in 24 hours. It recently touched the $1.35 mark and is targeting a retest of its January highs around $1.70 to $1.73. The SPX price has recently smashed a new ATH at $1.77 and now that it is just 20% away, a new ATH above $2 seems to be imminent.
As seen in the above chart, the SPX price has completed the parabolic recovery and also has broken out from a descending expanding channel. This breakout was extremely crucial, as a fresh bullish wave could begin towards the final resistance zone between $1.65 and $1.73. Meanwhile, the Ichimoku Cloud is heading for a bullish crossover, while the RSI surged above the average zone after a brief consolidation. Besides, the OI has also risen by over 17% and hence the combined indicators suggest a new ATH could be fast approaching.
FLOKI Skyrockets on Whale Activity & Volume Spike
FLOKI is experiencing a powerful resurgence, surging over 14% in a single day and drawing attention with a 571% spike in the trading volume, now exceeding $260 million daily. This spike came on the back of a technical breakout from a falling wedge pattern, with bullish confirmation from whale wallets accumulating over 1.2 billion FLOKI tokens. Open interest also hit yearly highs, signaling strong interest from future traders.
The FLOKI price is making a strong comeback after experiencing a significant pullback in the last few days of June. Since then the price has been printing consecutive higher highs and lows, signifying the rising strength of the bulls. The RSI is rising but is yet to test the upper threshold, which suggests the price could continue rising and eventually reach the local highs at $0.00011387. Once these levels are secured, breaking the neckline of the double-bottom pattern could be imminent.
BONK & FARTCOIN Consolidate as Bulls Wait
BONK price has cooled off slightly after a 60% rally this week, currently consolidating just below key resistance at $0.000025. With a 1 trillion token burn expected soon and growing on-chain volume, BONK may be setting up for another breakout if resistance clears. However, breaking above $0.000023 levels could be extremely crucial, which could set the stage for rapid gains.
Besides, the FARTCOIN is trading in a tightening range between $0.73 and $1.45, suggesting a breakout could be imminent. Whale wallets have reportedly bought over $8.7 million worth of tokens in recent days at around $1.2, signaling accumulation. A bullish breakout could push the price towards $1.64, but a failure to hold above $0.87 might trigger a bearish reversal.
