A new Ethereum meme coin, TOKEN6900 (T6900), is going viral just days before its debut on top exchanges.
The bull market euphoria is returning to the crypto market following Fed Chair Jerome Powell’s dovish speech at Jackson Hole on Friday. Ethereum has hit a new all-time high, and ERC-20 coins are showing significant bullish strength.
With TOKEN6900 branding itself as a superior and low-cap alternative to the popular SPX6900, it is no surprise that this new ETH-based meme coin is in high demand, including from deep-pocketed whales.
Despite being a small-cap, the T6900 presale has already raised over $2.5 million in short order. With the ICO ending in just 3 days, the FOMO surrounding it is reaching a fever pitch.
Several smart money investors who have accumulated the meme coin early are now viewing it as the next 100x crypto.
TOKEN6900: The Latest Zero-Utility Meme Coin That Is Going Viral
TOKEN6900 is an OG meme coin that embraces the formula behind the most successful meme coins: no unnecessary utility, just a viral meme and strong community backing.
Take, for instance, Dogecoin and Pepe. They don’t even pretend to pitch themselves on utility and fundamentals. The popularity of DOGE and Pepe the Frog is enough for them to reach multibillion-dollar valuations.
Even among newer tokens, there is a reason why Fartcoin is the most popular meme coin on the market. It has no utility and doesn’t try to peddle any half-baked AI algorithm. Simply the fact that such an obvious joke of a coin can have multi-billion dollar valuations is what is driving its demand, much to the chagrin of TradFi purists.
In fact, a new meme token, Useless Coin, recently hit the $500 million mark and secured Coinbase and Binance futures listings last week.
TOKEN6900 is the latest viral zero-utility meme coin. While the aforementioned tokens already have high market caps, T6900 is a true low-cap gem.
On its project website, the meme coin proudly claims that it offers no utility or fundamentals. Instead, it brings the same anti-Wall Street spirit as SPX6900, meme culture like Dogecoin and Pepe, and the degeneracy of Fartcoin.
As its whitepaper aptly puts it, “TOKEN6900 isn’t just greater than 500 — it’s above everything. It doesn’t track GDP, oil reserves, or corporate earnings. It tracks vibe liquidity. It’s not built on fundamentals. It’s built on delusion, irony, and the collective hallucination of terminally online traders.”
Unlike other new meme coins, T6900 isn’t interested in fundamentals. Instead, it wants to replace SPX6900 as the global benchmark for brainrot finance.
Considering its uniqueness, it is no surprise that this new Ethereum meme coin is going viral, with many already calling it the next 100x crypto.
The Next 100x Crypto?
While TOKEN6900 doesn’t care about fundamentals, smart money investors are impressed with them.
For instance, the meme coin has community-centric tokenomics, with no separate allocation for any private sale. Instead, 80% of the tokens are up for grabs in the presale itself. Despite this, the T6900 presale has a $5 million hard cap, making it a true low-cap gem.
Presale buyers can also stake their coins and earn attractive staking rewards, currently at an APY of over 30%.
Moreover, its smart contracts are audited by Solid Proof and Coinsult, with the audit reports publicly available on the project website. This significantly reduces security and centralization risks more than most meme coins.
Unsurprising, whales are among the first to recognize TOKEN6900’s upside potential. Just last week, a whale purchased $100k worth of the meme coin in a single transaction, indicating high upside potential, data from Etherscan reveals.
With just 3 days left in its viral presale, the FOMO and hype surrounding the meme coin are reaching a fever pitch. Moreover, with Ethereum continuing to be the best large-cap investment in the market, the demand for low-cap ETH meme coins like TOKEN6900 is only expected to grow.
For instance, many expect that the ETH price will hit $100,000. This would provide the perfect backdrop for T6900 to offer outsized returns.
It is, therefore, no surprise that many smart money investors are calling it the next 100x crypto.
Sidelined investors now have just 3 days to buy the meme coin, either through the presale website or the Best Wallet app.
This article is not intended as financial advice. Educational purposes only.
