Murad on Memecoins, Cults, and the Future of Crypto Communities
Introduction
The world of crypto is in constant flux, with each cycle reshaping narratives, winners, and losers. While Bitcoin and Ethereum remain dominant, one of the loudest voices in the current cycle is Murad—a once self-described Bitcoin maximalist who has pivoted into memecoins and now manages a portfolio valued at over $50 million.
In a recent interview, Murad laid out his philosophy, strategy, and predictions for what he calls the memecoin supercycle. His insights go beyond short-term speculation, diving into the psychology of communities, the role of belief, and the shifting cultural forces behind modern finance.
$50 MILLION in Memecoins… Murad reveals his Strategy
From Bitcoin Maximalist to Memecoin Advocate
Murad’s crypto journey began in 2013 at Bitcoin’s then-all-time high of $1,000. After cycles in 2017 and 2021, he began questioning which factors truly determined long-term success.
“Regardless of whether it’s technical or purely memetic, coins are communities first. It’s a people’s game, an emotional game—much more so than a technological one.”
This realization led Murad to pivot away from purely technical altcoins and embrace memecoins, where conviction, loyalty, and virality outweigh code or whitepapers.
Why Communities Matter More Than Technology
Throughout crypto history, projects like XRP or Cardano have thrived despite constant criticism of their technology. For Murad, the explanation is simple: community belief is the ultimate utility.
The secret sauce of long-lasting tokens is not transactional throughput or consensus models but the creation of cult-like communities—diehards who believe, hold, and evangelize regardless of market conditions.
“The way to build a very loyal and passionate community in crypto is to make poor people rich. If you make a few thousand people life-changing money, they will defend and build that community for years.”
The Two Faces of Memecoins
Murad divides today’s memecoin landscape into two categories:
-
The Trenches – hyper-short-term gambling, where holding times are measured in seconds and thousands of coins launch daily. Rug pulls and extraction are rampant, leaving most participants poorer.
-
The Cults – slower, more deliberate, and driven by community conviction. These are the Doges, the Shibas, and, in Murad’s view, the SPX6900s of the world.
He’s not interested in trenches. His focus is on identifying which cults can withstand volatility, accumulate believers, and potentially reach valuations of hundreds of billions.
Why SPX Stands Out
One of Murad’s most famous picks is SPX6900 (SPX), which he describes as “GME on steroids.”
-
Community passion: Telegram and X Spaces are filled with diehard believers, reminiscent of early Bitcoin and cypherpunk circles.
-
Counterculture identity: In a world dominated by institutions and corporates, SPX represents rebellion and anti-establishment ethos.
-
Moonshot mission: The community rallies around the audacious goal of “flipping the stock market,” a seemingly impossible mission that inspires stronger conviction.
Even if SPX never truly surpasses global equity markets, Murad argues that its crazy mission is exactly what creates loyalty and viral growth.
On Conviction and Holding
Murad rejects short-term trading. Since buying SPX in 2024, he hasn’t sold or traded.
“My life is better without trading. Less cortisol, less stress. To win in crypto, you need conviction. Ninety-five percent of wealth in this space was created not by traders, but by believers who held.”
Conviction, to him, is about aligning with long-termist communities in a world increasingly defined by nihilism, loneliness, and short-term dopamine hits. Memecoins offer, paradoxically, both financial hope and meaning.
AI, Culture, and the Future of Memecoins
Looking forward, Murad ties his thesis to broader societal shifts:
-
AI & Machines: With algorithms dominating trenches trading, humans will flock to communities where belief matters more than code.
-
Inequality & Nihilism: As inequality widens and traditional institutions fail to provide purpose, blockchain cults will serve as new belief systems.
-
The Memecoin Supercycle: Murad believes the total memecoin market cap could surpass $1 trillion within the next few years.
Final Message
Murad’s philosophy can be boiled down to one mantra:
Stop trading. Believe in something.
Whether you agree or not, his conviction is unwavering. In his eyes, memecoins are no longer jokes or distractions—they are movements, cultures, and even spiritual revolutions in a world desperate for meaning.
✅ Key Takeaway: For Murad, the future of crypto isn’t in endless trenches of disposable tokens, but in a handful of cult-like communities that blend finance, culture, and belief into something larger than speculation.
Crypto Rich ($RICH) CA: GfTtq35nXTBkKLrt1o6JtrN5gxxtzCeNqQpAFG7JiBq2
CryptoRich.io is a hub for bold crypto insights, high-conviction altcoin picks, and market-defying trading strategies – built for traders who don’t just ride the wave, but create it. It’s where meme culture meets smart money.
