Murad Says SPX6900 (SPX) Is Primed for a Rally — Is He Right This Time?
Summary
Murad Mahmudov, known as the “Meme coin Messiah,” suggests SPX6900 (SPX) is stabilizing at a market cap level similar to Dogecoin (DOGE) and Pepe (PEPE) before their substantial rallies. He argues this isn't a coincidence and predicts SPX6900 will surpass both tokens. Despite significant personal losses – holding approximately $7.8 million worth of SPX tokens, representing 96% of his tracked portfolio, after a peak of $67 million – Murad hasn't sold, indicating strong conviction. SPX currently trades at $0.26, down 88% from its all-time high, and technical indicators are bearish. Whether his prediction holds true depends on renewed speculative investment in meme tokens.
(Source:BeInCrypto)