SPX6900 price surges as Bitcoin Pepe momentum accelerates

The SPX6900 price gained steam on Wednesday, reaching its highest point since January this year. SPX peaked at a high of $1.30, up by 365% from its lowest point this year, making it one of the best-performing meme coins. This surge happened as Bitcoin Pepe, an upcoming crypto juggernaut, announced its new listing announcement date.

SPX6900 price surges as bulls target all-time high

SPX token has become a sensation in the crypto industry as it seeks to beat the performance of the S&P 500 Index, the biggest one in the US.

Data shows that the number of holders has continued soaring, while whale accumulation has accelerated.

The 12-hour chart shows that the SPX token price has surged from a low of $0.2548 in May to $1.5 today. It has remained above the 50-period and 25-period exponential moving averages, a sign that investors are in control. 

The token has also formed an ascending channel, while most oscillators have pointed upwards. 

Therefore, the most likely scenario is where the SPX token continues rising this year, with the next point to watch being the all-time high of $1.9. A move above that level will signal more gains, potentially to the psychological point at $2.

Bitcoin Pepe token sale gains momentum

Meanwhile, Bitcoin Pepe, one of the most viral tokens this year, is doing well as investors pile in. 

The developers have already raised over $13 million from investors, an amount that is much higher than what many startups have raised. This token sale is now gaining momentum as the developers prepare for exchange listings.

In a recent statement, the developers explained that they had to delay the exchange listing to give exchanges more time for the listing. Therefore, they will announce the listing day on June 17, with analysts expecting the eventual token generation event to happen end of the month.

Bitcoin Pepe hopes to be the next big thing in the crypto market by building a meme layer-2 network for the Bitcoin network. This is one of the fastest-growing industries in the crypto industry as developers build solutions that integrate the biggest crypto project in the world. For example, Bitcoin now has a total value locked of almost $10 billion.

Bitcoin Pepe’s ecosystem will have low fees, and instant transactions. It will also help to usher in the next phase in the meme coin industry that Solana now dominates.

There are odds that the BPEP price will surge after its airdrop. For one, it will happen at a tme when investors expect to have a crypto bull run once Bitcoin exits the cup and handle pattern. You can buy BPEP here.

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Best crypto to buy as Truth Social files for a Spot Bitcoin ETF

In a surprising move that sent ripples through the crypto market, Donald Trump’s social media platform, Truth Social, has officially filed to launch a Spot Bitcoin Exchange-Traded Fund (ETF).

The filing, submitted through the parent company Trump Media & Technology Group (TMTG), marks a notable pivot into digital assets, suggesting growing institutional interest in Bitcoin.

The development has sparked renewed enthusiasm among retail investors and crypto enthusiasts alike, with meme coins like Bitcoin Pepe also riding the wave of attention and experiencing a surge in investor interest.

Truth Social joins the league of asset managers like BlackRock

According to documents filed with the U.S. Securities and Exchange Commission (SEC), TMTG aims to capitalize on Bitcoin’s growing legitimacy and investor demand by offering a Spot Bitcoin ETF.

Unlike futures-based ETFs, which track Bitcoin contracts, a spot ETF would directly hold Bitcoin, allowing investors exposure to real BTC prices without needing to manage a digital wallet.

The move places Truth Social in the company of major asset managers like BlackRock and Fidelity, who launched similar products earlier this year.

blackrock bitcoin etf fastest growing
blackrock bitcoin etf fastest growing

However, TMTG’s entrance into the ETF space is particularly notable given its political backing and its predominantly conservative user base, potentially opening up Bitcoin exposure to a new demographic of retail investors.

The filing is already leading to increased speculation in altcoins, especially high-potential meme coins such as Bitcoin Pepe, as traders look for ways to ride the momentum.

Why Truth Social news matter for meme coins investors?

While the ETF filing directly concerns Bitcoin, its ripple effect is being felt across the broader crypto market – especially in the meme coin segment.

Historically, meme coins thrive during periods of heightened mainstream attention and speculation. The association of Donald Trump’s brand with a financial product tied to crypto reintroduces an entertainment and political angle that energizes retail participation.

As capital flows into Bitcoin via ETFs, retail investors often seek cheaper, higher-upside alternatives – and meme coins like Bitcoin Pepe are prime candidates.

The political spectacle, media buzz, and renewed focus on crypto could create the perfect storm for meme coin rallies in the coming months.

Reasons to invest in Bitcoin Pepe for the back half of 2025

In the sea of meme coins that have flooded the crypto market this year, Bitcoin Pepe is a standout since it has raised more than $13 million during the presale, indicating strong interest in its utter commitment to instant transactions and ultra-low fees.

Plus, Bitcoin Pepe is now only 13 days away from a CEX listing that typically leads to a new wave of demand, which often results in significant price increase.

bitcoin pepe cex listing announcement
bitcoin pepe cex listing announcement

With Bitcoin’s visibility rising due to Truth Social’s ETF ambitions, meme coins tied to Bitcoin’s branding – like Bitcoin Pepe – are also gaining traction. As a hybrid of two cultural forces in crypto (Bitcoin and the iconic Pepe meme), Bitcoin Pepe offers strong viral potential, particularly among Gen Z and meme-savvy traders.

Click here if you’d like to explore ways to build an early position in Bitcoin Pepe now.

 

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Trump’s crypto gambit: ‘Truth Social Bitcoin ETF’ files for NYSE listing – a game changer or just more hype?

  • NYSE Group filed paperwork Tuesday to list a “Truth Social Bitcoin ETF,” linked to Trump Media.
  • Trump Media, majority-owned by Donald Trump, is partnering with Yorkville Advisors for the ETF.
  • Yorkville America Digital is the sponsor; Crypto.com affiliate Foris DAX Trust Company will be custodian.

Trump Media & Technology Group Corp. (TMTG) is moving closer to introducing an exchange-traded fund (ETF) linked to Bitcoin, a development that would see the company, closely associated with former President Donald Trump, enter the increasingly crowded arena of cryptocurrency investment products aimed at retail investors.

The New York Stock Exchange (NYSE) Group Inc. took a formal step on Tuesday by filing regulatory paperwork to list the ‘Truth Social Bitcoin ETF’.

The name directly references President Trump’s social media network, further solidifying the connection between the proposed financial product and the Trump brand.

This move follows TMTG’s earlier actions in February, when the company, in which Trump holds a majority stake, applied to trademark several brands for investment products.

These proposed products feature themes that closely align with the former president’s policy priorities, notably including Bitcoin.

To navigate the complex regulatory approval process, TMTG signed a formal agreement with Yorkville Advisors, a New Jersey-based firm described by Trump Media as “an America-First asset management firm.”

In Tuesday’s regulatory filing, Yorkville America Digital is identified as the sponsor of the new Truth Social ETF. The fund’s strategy will involve actively buying and selling Bitcoin to track the price of the leading cryptocurrency.

According to the document, Crypto.com, through an affiliated entity named Foris DAX Trust Company LLC, will serve as the custodian for the digital tokens held by the ETF.

The filing does not explicitly mention Donald Trump, nor does it provide a ticker symbol or details on the fund’s fees at this stage.

Neither Yorkville Advisors nor Trump Media & Technology Group immediately responded to requests for comment on the development.

A crowded field with a presidential connection

Should the Truth Social Bitcoin ETF receive regulatory approval, it will join an expansive universe of more than 60 US-listed ETFs already tied to Bitcoin.

However, this particular fund could potentially benefit from its distinct association with a former president who has not only advocated for Bitcoin-friendly legislation but has also previously discussed the concept of creating a national cryptocurrency reserve.

Market analysts acknowledge the unique positioning of this potential ETF.

“On one hand, this is pretty unchartered territory and a huge endorsement of Bitcoin from Trump’s company,” commented Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence.

But on the other, it’s a routine filing in a very crowded category and it will have its work cut out to attract flows and liquidity.

Expanding Trump-linked crypto ventures and ethical scrutiny

The proposed ETF represents one of several cryptocurrency-related business ventures being pursued by companies linked to Donald Trump.

Trump Media recently announced its intention to borrow money specifically to invest in Bitcoin.

Furthermore, the company had previously stated its plans to invest in the ETFs it issues, creating a direct financial interest in their performance.

These intertwining financial interests and policy influence have drawn criticism from ethics experts.

Concerns have been raised about the potential for Trump to benefit financially from sectors where he is also in a position to shape or has shaped policy.

The White House has previously maintained that the former president is walled off from the businesses that bear his name.

It has been reported that he transferred approximately $4 billion worth of Trump Media shares to a trust controlled by his son, Donald Trump Jr.

Despite these arrangements, the close association between Trump’s political persona and these financial ventures continues to attract scrutiny.

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