Murad Mahmudov was known for years as a macro analyst focused on Bitcoin and deep cyclical economics. Then in 2024 he pivoted hard into memecoins, declaring publicly that the “memecoin supercycle” was real and that serious crypto traders were fighting the last war by focusing on blue-chip Layer 1s. His thesis: attention has become the scarcest asset in the world, and memecoins are the purest financial expression of attention.
At Token2049 Singapore in September 2024, Murad gave a keynote presentation that went viral. He laid out a framework for identifying “community coins” — tokens where the holder base was building real cultural momentum rather than waiting for utility. He named specific coins including SPX6900, GIGA, MUMU, and a handful of others. Most of them ran 3x to 10x in the weeks following his talk. His Twitter follow count surged from low six figures to over 400,000.
Murad’s public portfolio became a kind of alpha leaderboard. Every wallet associated with him was monitored by hundreds of copy traders. When he bought, prices moved. When he sold, they moved more. He embraced the attention rather than hiding from it — arguing that transparency was itself alpha and that followers should be able to see every entry and exit.
What makes the Murad phenomenon historically interesting is that it represents a crossover: a trader with a traditional macro background publicly converting to the thesis that memecoins are the actual market, not a sideshow. For years this was a fringe view. By late 2024 it was mainstream enough that BlackRock analysts were citing memecoin flows in their market commentary. Murad wasn’t the only one making the case, but he was the loudest and most persuasive at exactly the right moment.
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