Crypto at $3.5 trillion

What we’ll cover today:

🚀 SPX6900’s dizzying rise and warning signs of a crash

🐢 Pi Network’s technical setup hints at a bullish turnaround

💰 Institutional money floods crypto, pushing market cap beyond $3.5 trillion

SPX6900 Token Skyrockets but Beware the Crash 🚀⚠️

The SPX6900 token has zoomed up fast since March, becoming a top crypto meme coin with over $1 billion valuation. Investors and traders are buzzing.

Breaking News
SPX6900 soared nearly 350% since March and hit its highest price since January, but rising token supply on exchanges hints at a potential crash soon.

⚡Wire Simplified

• Price jumped to $1.222 on May 29, the highest since January.

• Total holders increased from 29,000 to 40,000, showing strong FOMO.

• Exchange supply doubled from 41M tokens in January to 87M now (some sources say 141M).

• Rising token supply on exchanges means more selling pressure could come.

• Technical and fundamental signs warn of a possible price drop in the near future.

✔️Straight to the Point
SPX6900 is on fire but watch out — too many tokens on exchanges might trigger a sharp fall soon. Stay cautious!

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Pi Network Nears Buy Zone — Bullish Reversal Incoming? 🐢

Pi Network’s price action is closely watched by traders as it approaches an oversold zone. Analysts predict a possible bullish turnaround soon.

Breaking News
Technical indicators show Pi Network is near strong support at $0.70, with RSI hitting oversold levels — a classic recipe for a rebound towards $0.99 and beyond.

⚡Wire Simplified

• Price corrected from recent highs, now between $0.66 and $0.99.

• Key support zone matches Fibonacci 0.618 retracement level, boosting its strength.

• Price coiling near trendline resistance, creating a potential breakout setup.

• RSI nearing oversold 30 level — historically a bullish trigger.

• Reclaiming the $0.74 point of control could confirm support and fuel upside momentum.

✔️Straight to the Point
Pi Network looks ready to bounce after a dip. If key support holds, buyers might push price up soon.

Crypto Market Cap Hits $3.5T as Institutions Pour In 💰🏦

Crypto markets have crossed $3.5 trillion, boosted by big institutional investors buying Bitcoin and growing interest in DeFi and stablecoins.

Breaking News
On-chain data shows institutions are piling into Bitcoin while DeFi lending and stablecoin supply are surging, signaling strong growth and adoption.

⚡Wire Simplified

• Total crypto market cap surpasses $3.5 trillion.

• Institutional allocation into Bitcoin is increasing steadily.

• DeFi lending volumes recovered to $30 billion.

• Stablecoin capitalization grew 56% in the last year.

• Traditional finance players are gaining ground in the stablecoin space.

✔️Straight to the Point
Big money is flooding crypto again, especially Bitcoin and DeFi, signaling growing confidence and a maturing market.