1 · Murad's stack
QuietMurad's wallets hold about 3% of SPX and have not sold.
Data
| When | Who holds what |
|---|---|
| Sep 2026 | Murad's known wallets 3% · Everyone else 97% |
No single dated event in the next 90 days.
No new SPX can ever be made. Burns are tiny.
SPX is the SPX6900 meme coin: 930.99M coins circulate and all are unlocked. No team share, no vesting, and the code cannot make more.
Sell pressure. New supply is zero. The contract has no mint, the owner key is gone, and other-chain copies are backed by locked coins.
Buy pressure. A launchpad that burns its SPX fees sent 5,722 SPX to the dead address in 90 days — tiny, and mostly in one week.
The SPX contract on Ethereum has no way to make new coins. The full 1B was created once at launch in August 2023, the owner key was given up, and every function in the code was checked: none of them can add coins. Copies on Solana, Base, BNB and Avalanche are backed one-for-one by coins locked on Ethereum, so they add nothing either.
SPX was a fair launch: no team, investor or advisor share and no vesting calendar. The wallet that launched it sent 68.78M SPX to a dead address in August 2023 and now holds 0.
There is no foundation, treasury or reserve. The token contract itself holds 63.75K SPX (old launch taxes and coins sent to it by mistake) that only the launch wallet can sell, and a bridge lockbox holds 109.20M SPX that backs the other-chain copies. Both are already counted as circulating, so a move from either adds nothing new.
No estate, trustee or time lock holds SPX. Every coin outside the dead address is already free to trade.
SPX has no revenue and no team, so nothing buys coins back on a schedule.
Transfers pay no fee. The launch tax was set to zero for good and the owner key is gone, so a fee burn can never be switched on.
No project treasury exists to buy SPX, and no buying by one showed up this window.
SPX has no staking or lock contract, so nothing is taken off the market this way.
5,722 SPX went to the dead address in these 90 days. Almost all came from a new token launchpad, live since Jul 27 2026, that pairs every token with SPX and burns all the SPX fees its pools earn: 5,574 SPX in its first week (Jul 27–Aug 3), 147 on Sep 1–3 2026, none since; a fan-built auto-buy app added 1.7 SPX. The burn is too irregular to project, so the next 90 days count 0. In all, 69.01M SPX (6.9% of the 1B) is burned.
Two sides: how much people want SPX right now, and how much buying could come later.
This part is based on social media. It shows how hot SPX is right now. A better rank means more people are talking about it.
Today, people are talking about SPX for one reason:
SPX fell to about $0.37 on Oct 9 2026, its lowest price in the last 30 days. That is about 18% below the $0.45 it traded at on Oct 6 2026, a bigger fall than most of the market. People ask if buyers will step in, since no SPX news explains the drop so far.
Checked Oct 9 2026
Supply and demand point to a mixed long-run signal for SPX6900 (Oct 11 2026, score 4/10). SPX6900 adds 0.00% new supply in 90 days, and demand reads modest (2.5/5). SPX6900's price drivers: 1 ▲ price up, 0 ▼ price down.
Yes, it looks that way: Murad's wallets hold about 3% of SPX and have not sold. That matters because SPX6900 adds 0.00% new supply in 90 days, so a big holder selling is likely the main supply risk. Demand reads modest (2.5/5) on Oct 10 2026. Supply and demand still read mixed for SPX6900 in the long run.
Because the price rests on demand, and demand reads only modest (2.5/5) on Oct 10 2026. SPX6900 adds 0.00% new supply in 90 days, so no unlock is to blame. The last big listing was Upbit and Bithumb on Jun 16 2026, and none has come since. That leaves SPX6900's long-run signal at mixed, by supply and demand.
SPX6900 trades near 38.7 cents (Oct 11 2026). $100 a coin means a $93.1B market cap, 259 times today's $360M. SPX6900's supply barely changes in the next year (0.00%), so the whole move would have to come from demand. Our supply-and-demand read for SPX6900 stays mixed.
We would read SPX6900 differently if new supply jumps (today 0.00% in 90 days), or demand falls from modest. Until then SPX6900's signal stays mixed.
SPX6900 scores 4/10 on our framework (Oct 11 2026): supply 1.5/5 (meme coin), demand 2.5/5. Over the next year SPX6900's supply changes 0.00%. The long-run signal is mixed.
Supply and demand favor SPX6900 most when little new supply is coming, demand is strong and the price drivers point up. Right now SPX6900 has 0.00% new supply in 90 days (meme coin), demand modest (2.5/5), drivers 1 ▲ / 0 ▼.
SPX6900's price drivers today: 1 pointing up, 0 pointing down, out of 2. ▲ Murad's stack: Murad's wallets hold about 3% of SPX and have not sold. • Exchange listings: Last big listing: Upbit and Bithumb on Jun 16 2026.
SPX6900: mixed signal, 4/10 · Bitcoin: positive signal, 8.5/10 (Oct 11 2026). By supply and demand, SPX6900 reads weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. SPX supply is not growing (0.00% in the next 90 days), so it shows in green. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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