{
  "url": "https://blockindex.ai/coin/spx",
  "name": "SPX6900",
  "links": {
    "github": null,
    "website": "https://www.spx6900.com/",
    "whitepaper": null
  },
  "dScore": 50,
  "market": {
    "priceUsd": 0.3622612045556489,
    "marketCapUsd": 337262678.2417439,
    "volume24hUsd": 26754505.79596984,
    "priceChange7dPct": 12.23397471,
    "priceChange24hPct": -8.56850355
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 1000000000,
    "circulating": 930993090.07,
    "circulatingPct": 93.099309007
  },
  "ticker": "SPX",
  "founder": "N/A",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:37.828743+00:00",
  "fairLaunch": false,
  "launchYear": 2023,
  "description": "SPX6900 (SPX) is a community-driven, memetic multichain token that frames itself as a satirical and youth-oriented reimagining of market indices and social finance. Public materials emphasize entertainment, cultural commentary, and viral marketing rather than traditional institutional disclosures. The project is presented as an inclusive movement, positioning SPX6900 as \"the stock market for the people\" while clearly disavowing any formal association with regulated stock indices or financial institutions. The website and market pages prioritize on-chain contract links, swap routes, and NFT integrations over formal governance or corporate structures.\n\nTechnically the SPX project is deployed across multiple chains with published token contracts on Ethereum, Solana and Base; the site explicitly references bridging infrastructure (\"bridge powered by Wormhole\") and provides explorer links for each chain. There is no native SPX blockchain—SPX exists as token instances on host chains and relies on the underlying consensus and block infrastructure of those networks. Key technical metadata (decimals, chain IDs, audited source code, or a public GitHub) are not present in the provided materials, so the project’s development artifacts are primarily represented by on-chain token pages on Etherscan, Solscan and Basescan and by market aggregator listings.\n\nIn terms of tokenomics and market presence, SPX6900 reports a fixed maximum supply of 1,000,000,000 SPX with a circulating supply of approximately 930,993,090 SPX (≈93.10%). The project reports total burned tokens of 69,006,909 SPX (6.9%) on-site. Market aggregator snapshots included in the sources show a market capitalization in the hundreds of millions of dollars (≈$463.09M), daily trading volume in the tens of millions (≈$14.55M), an indicated current price near $0.497422 and an all-time high of $2.28 recorded on 2025-07-28. The materials emphasize multichain liquidity (Uniswap, Jup.ag, Aero) and NFT activity (Project Aeon on OpenSea/Blur) as primary use cases and community-growth levers.\n\nGovernance, legal entity details, founding team biographies and formal treasury mechanisms are not documented in the supplied sources. The site describes itself in places as an unofficial fan page and provides only a contact email address; no CEO, registered company or foundation is identified. There is no evidence of on‑chain DAO governance, formal voting mechanisms, or venture capital backing in the provided materials. Because of the limited disclosure on leadership and governance, the project should be considered a community-driven meme/utility token with higher speculative and counterparty risk relative to transparently organized protocols.\n\nFor due diligence and on‑chain verification, the authoritative artifacts in the dataset are the published contract pages on Etherscan, Solscan and Basescan and the market aggregator listings (CoinMarketCap/CoinGecko). Those pages provide holder counts, transfer histories and supply snapshots used in the analyses here. Users seeking deeper technical assurances or governance clarity should consult on‑chain contract sources, official audits (if any) and historical snapshots of the project’s repositories or announcements, since those items were not present in the supplied source materials.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 9,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}