Home CryptocurrencyMurad Mahmudov’s wallet has $ 70m in Memcoin, headed with a $ 66M SPX profit

Murad Mahmudov’s wallet has $ 70m in Memcoin, headed with a $ 66M SPX profit

by Hammad khalil
0 comments

Crypto’s investor Murad Mahmudov, according to the blockchain data, is sitting on millions of dollars in untrue profit from Memcoins, adding fuel to the debate on his “Memiscoin” thesis.

Onechain data aggregator dropstab’s data shows that more than $ 70 million in Mamecoins Mahmudov gold, with just $ 1.86 million in capital investment. It puts its total unrealistic profit in about $ 68.3 million.

Data suggests that their largest winner is a memecoin called SPX6900 (SPX), which is more than 10,500% in the last one year. Their entry price on SPX was $ 0.01036, but the token now trades at $ 2.24. Based on data, their advantage from SPX alone except $ 66 million.

APU Apustaja (APU) Mahmudov’s holdings have a West-performing memecoin. Since Memcoin has fallen by 53%, their investment has exceeded $ 86,000.

Murad Mahmudov’s Memcoin Holdings. Source: Dropstab

With the catching millions of people in SPX with Mahmudov, selling tokens can affect the price.

Being a vocal supporter of tokens, landing Mahmudov may indicate investors that the “supersticulture” may have reached its peak, triggering a self-you.

Memcoin supersorter thesis

Mammudov MemeCoin is a crypto investor behind the superstik the thesis. Token2049 In his performance in Singapore 2024, he said that Crypto Space is entering a unique era, where tokens that improve tradible assets such as bitcoin (BTC) and ether (Eth) by comprehensive margin.

Mahmudov presented the Memcoin superspecil in the form of a new market phase run by technology, community identity and virality instead of technical science or funds.

He said that Memcoins do less functions like traditional financial assets and more digital creeds or united communities by humor and belief.

The propagation of a meme-based token trader attracted criticism from the blockchain investigator Zachxbt. In 2024, ZachxBT reportedly revealed the purse of Mahmudov, so that the community could monitor its business activities.

Crypto’s lethargy accused Mahmudov of making bold memecoin predictions “which opposed the support.”

Zachxbt indicates the purchase of alleged wallet of minimum coins on 16 July, which was a house before a post about the acquisition of 1%.

Cointelegraph X reached Mahmudov on X, but did not get immediate response.

Connected: Memcoin market cap increases by 29% in July

Memcoin market increases by 54% in July

The Memcoin sector rose to $ 85 billion on Wednesday, which was about 54% of the $ 55 billion evaluation on June 30. Its closing in June 41%compared to values.

Memcoin Market Capitalization increased to $ 85 billion in July. Source: Coinmarketcap

Recently the Memcoin Market Serge attracted different sentiments from the members of the community. The Nero Community Lead called Memcoins Crypto’s “most attractive segment”.

At the same time, Zion CEO Anthony Angelon said that the asset classes of the surge mean that capital is now better.

Solana’s co-founder Anatoli Yakovenko recently attracted criticism from the Solana Memcoin community for his comment on a meme-based token. Yakovenco on Sunday raised controversy after describing Memcoin and NFT as a “digital slope”.

https://www.youtube.com/watch?v=GPWMrogcvlc

magazine: Memcoin Digeni