Crypto Cult SPX6900 Seeks to Disrupt U.S. Stock Market

It’s the stock market for the people. SPX6900 is for you, your children, and countless generations after,” a manifesto on SPX6900’s site reads.SPX6900 (SPX) crossed a $1.1 billion capitalization earlier Friday to set a new record above $1.25, breaking a November high of $0.90. That came as AI Agent projects Virtuals (VIRTUALS), ai16z (AI16Z) and the broader category fell by 8% on average.

The SPX community started the now popular Crypto Twitter line “stop trading and start believing in something.' A crypto cult hoping to flip the entire U.S. stock market just moved closer to its bizarre goal, although with trillions of dollars more to go. SPX6900 (SPX) crossed a $1.1 billion capitalization earlier Friday to set a new record above $1.25, breaking a November high of 90 cents, amid renewed interest in memecoin cults on Crypto Twitter. That came as AI Agent projects virtuals (VIRTUALS), ai16z (AI16Z) and the broader category fell by 8% on average, amid criticism of their claimed AI models, as previously noted in a CoinDesk analysis.“You were born into a world where buying a house means taking on a mortgage in the hundreds of thousands. You've entered an investment landscape where the Stock Market has already celebrated its most significant gains, leaving you to wonder what's left for you,” part of a manifesto on the SPX6900 site reads. “You're navigating a reality shaped by the aftermath of 9/11, a crippling 2008 recession, an unprecedented global pandemic, runaway inflation, and escalating violence.”“SPX6900 is the reset. SPX6900 is the canvas on which new financial dreams are painted. It’s the S&P500 with 6400 more. It’s the stock market for the people. SPX6900 is for you, your children, and countless generations after,” it adds. The message echoes a similar sentiment to the creation of bitcoin, which was introduced in response to the 2008 financial crisis 16 years ag

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