You surely must have noticed that many MemeCoins have been pumping hard during the last few weeks. What makes this trend strange is that Bitcoin has been pretty flat around the $60K range during this period.What makes this feel even weirder is that except MemeCoins other altcoins have infact been losing value.
I was trying to browse CrytpoTwitter (or X) to make some sense of what is wrong then I came across several references to a person called Murad with the handle of MustStopMurad.
He seems to have been strongly shilling MemeCoins for quite some time and his posts seem to have started going viral since last week of September when he uploaded a video of him presenting during the Token 2049 convention in Singapore.
He talks about why he thinks MemeCoins are going to dominate the next bull run and are going to lead to mass adoption of crypto in general. If you have 22 minutes to spare I would definitely recommend you to watch the full video, else this post will give you a general idea of what he is preaching.
Who is Murad?
Murad is an old timer in the crypto world and started off as a Bitcoin Maxi and went on to start his own crypto trading firm. His company was doing well till it got liquidated completely and went bankrupt during the covid crash.