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If you watched $60,000,000 in paper profits vanish into thin air, would you hit sell?
Most people only know @MustStopMurad as the wild guru who called the “meme supercycle” at TOKEN2049 and sent $SPX6900 stratospheric.
But few know he was a princeton graduate, a goldman sachs trader, and even dumped his entire dogecoin position in 2018 because he “looked down on projects with no real tech.”
From an arrogant wall street believer, to a hedge fund manager crushed by the market, to now a meme leader who never sells a single token even when his profits pull back 80%. today i’m breaking down Murad’s legendary story.
2013-2017: Crazy about Bitcoin
• In 2013, while on exchange at Princeton University in Beijing, he accidentally came across Bitcoin and quickly became a staunch supporter, when the price was around $1,000
• After graduation, he entered traditional finance, working in commodity trading and hedge analysis (involving Goldman Sachs, Glencore, and other institutions)
• In 2016-2017, he completely left behind the glamour of Wall Street and turned to full-time crypto research, on-chain analysis, and trading
2018-2022: Hedge fund setbacks and market lessons
• In 2018, he sold $DOGE because he thought memes lacked technical value, perfectly missing an era
• He founded a hedge fund but suffered a massive 55% drawdown, and Wall Street dogma shattered amidst market ups and downs
• This experience taught him that even top financial elites cannot fully control market risk
2023-2024: From Bitcoin fanatic to Meme coin leader
• Completely reversed his view: believing memes can create wealth through community and belief more than VC coins
• At TOKEN2049, he announced the Memecoin Supercycle and pushed SPX6900 to prominence
• In October 2024, blockchain investigators revealed his public wallet; he openly shared his holdings and did not run away, earning massive trust from the community
2024-2025: Reaching the peak of wealth
• In July 2025, his account peaked at around $67,000,000
• With roughly $387K in capital, he heavily invested in $SPX and made 61x in 4 months
• Fans called him a core community figure, and he emphasized “stop trading, hold long-term”
August 2025 – April 2026: Paper losses, yet he holds firm
• The market turned, meme coins overall dropped 80%, and his paper wealth evaporated by $60,000,000
• Despite ridicule everywhere, his account dropped to $8.1M, yet he refused to sell a single token
• Even in the darkest period of the downturn, he kept broadcasting on X, aiming for $SPX to reach a trillion-dollar market cap
It’s hard to say whether Murad is a fanatic trapped by belief or a visionary who saw the future in advance.
Regardless, over 13 years, he has proven that in the crypto world, faith, transparency, and community can earn more respect than short-term profits, making him an indispensable figure in meme coin culture.