Originally launched in August 2023 on the Ethereum blockchain, SPX6900 (SPX) rapidly became a breakout memecoin — blending stock market satire with meme culture by parodying the iconic S&P 500 index. Its tongue-in-cheek approach to financial absurdity and exaggerated market performance attracted a passionate wave of retail traders.
SPX gained early notoriety through explosive price action, viral branding, and a clear rejection of traditional finance logic — often moving independently of real-world market conditions.
However, Ethereum’s growing limitations — including rising gas fees, sluggish throughput, and limited scalability for high-volume memecoins — ultimately held SPX back from broader utility, staking frameworks, and ecosystem expansion.
Now, with the launch of ATC-20 SPX on AtlantisChain, original SPX holders can finally unlock the full power of a revolutionary blockchain — offering 0.093-second transaction finality, ultra-low fixed gas fees, and seamless compatibility with staking, smart contracts, and ultra-super-fast Web3 protocols.
ATC-20 SPX transforms a viral parody of traditional finance into a utility-ready digital asset — rebuilt for speed, staking, and long-term ecosystem growth.
Key Features
1️⃣ Staking Rewards: 12% APY (locked for 12 months)
2️⃣ Staking Redemption: 1:1 redeemable to original SPX wallet
3️⃣ Fixed Total Supply: 900,000,000 ATC-20 SPX (hard cap)
* Cold wallet release based on verified SPX deposits or staking
* Permanently no new minting
4️⃣ Transaction Fee: 0.00000020 ATC (lowest globally)
5️⃣ Transaction Speed: 2,100,000 TPS (fastest worldwide)
6️⃣ Block Time: 0.031 seconds
7️⃣ Transaction Finality: 0.093 seconds (near-instant)
8️⃣ Reserve-Backed: 1:1 peg to original SPX
9️⃣ Bridge-Free: No cross-chain risk
Because SPX6900 (SPX) was originally built on Ethereum — a network burdened by high gas fees, limited scalability, and poor support for micro-value tokens — its long-term price ceiling remained artificially constrained.
With expanding use cases across the Atlantis ecosystem, the AtlantisChain founding team sees a $10.00 SPX valuation by 2050 as a bold yet realistic milestone — and will support its growth through the ATC-20 SPX framework.