The memecoin SPX, based on Ethereum, has emerged as the top gainer today with a 20% price increase in the last 24 hours, reaching a 13-day peak of $0.62. Following a recent drop to an all-time low of $0.25, SPX is now experiencing a strong upward trend, poised to recover losses and reach multi-month highs. The token's price hit rock bottom on March 11 at $0.25, attracting investors who quickly capitalized on the buying opportunity. With a surge in demand, SPX has steadily climbed to $0.61, marking a 148% increase over the past 13 days. The altcoin is on the verge of breaking above the Leading Span A of its Ichimoku Cloud indicator, indicating a bullish market shift. Additionally, the rising Open Interest of $21 million supports the positive outlook, suggesting strong market participation and potential for further price gains.
