Chain News Today TheBitTimes.com

An analyst who has earned the Master Trader rank on the crypto exchange Bybit believes that Ethereum (ETH) is gearing up for new upside bursts. Pseudonymous analyst Bluntz tells his 318,700 followers on the social media platform X that Ethereum appears to be in the midst of a five-wave rally on the four-hour chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave surge before going through a correction. The analyst predicts that Ethereum will still hit his upside target of $3,500 even though President Trump’s latest tariff threats are weighing down markets. “Despite the trump tariff tantrum which happened legit 10 minutes after I went to sleep, I think ETH still looks ok and going to assume a range here.”  Source: Bluntz/X At time of writing, Ethereum is trading for $2,478. The analyst is also bullish on the Ethereum-based memecoin SPX6900 (SPX). Bluntz thinks that SPX is now in an uptre...

Meme coin index token $SPX6900 jumped 33% to $1.25 as the latest index token, Meme Index ($MEMEX), blasted past $1.5 million in its blockbuster presale. If you didn’t know, SPX is the ticker of the S&P 500, the premier index of the US stock market, listing the top 500 companies by market capitalization.  The S&P 500 is often seen as a symbol of a financial system that benefits those at the top more than those at the bottom. At 6,400 points more than the S&P 500, $SPX6900 is the meme coin that wants to lead a new financial revolution to reclaim the American dream for regular guys and gals. Meme Index is doing something similar, but arguably in a more useful fashion by creating four meme coin indices to enable easy access to a basket of meme coins, depending on your risk tolerance. The appetite for the financial revolution theme through memeification is clearly growing. And what better time to take on the big boys than when the S&P 500...