Analytics
Murad Turns $310K into $50M on SPX Memecoin
In early June 2025, crypto trader Murad flipped a $310K bet on Solana’s SPX memecoin into a $50M fortune. His early conviction and perfect timing made him a standout winner in the altseason frenzy.
TL;DR
- Murad invests $310K into SPX memecoin, now worth ~$50M
- Achieves +16,000% return riding Solana’s memecoin surge
- Outpaces even institutional and blue-chip crypto holders
Table of Contents
Memecoin Millionaire: Murad’s $310K Bet → $50M
Amid the institutional moves and token sale mania, the Degens had their moment too – and it was spectacular. “Murad”, a memecoin-focused crypto trader, turned heads by parlaying a mid-six-figure position into a life-changing haul in a matter of months. His public wallet is now a case study in high-risk, high-reward strategy.
The SPX6900 moonshot
Murad (known in crypto circles as @MustStopMurad) aped early into SPX6900 ($SPX) – a Solana-born meme token – and struck gold. He invested roughly 310,700 into SPX at an average price of just 0.0103. As of this week, SPX6900 exploded to a new all-time high (riding Solana’s memecoin resurgence) and Murad’s stash is now worth about 50 million. Yes, that’s a +16,000% return, turning a few hundred thousand into eight figures. His overall portfolio ballooned back to 54M in total value thanks to SPX’s surge.
Other micro-caps also sprinkled gains into Murad’s account. Over the last month, he netted about +27.0M from SPX alone. Two other meme coins in his bags – Gigachad ($GIGA) and the aptly named Skibidi ($SKBDI) – added roughly +293K and +27K to his profit, respectively. These are peanuts next to SPX’s windfall, but still notable for perspective.
Murad’s success wasn’t luck alone; it’s rumored he had early insights or sizable allocations in these tokens before they ran up. For instance, SPX’s rally was fueled by a major exchange listing (Bybit) and viral social media buzz, which Murad seemingly anticipated. He was accumulating SPX when it was under the radar, then held on through its exponential climb.
This isn’t Murad’s first big win. According to a recent market recap, his memecoin-heavy portfolio was already up +69% in spring (to ~32.8M AUM) before this latest jump. But now with 50M+ in the chest, he’s entered the pantheon of meme-token millionaires. Notably, his gains outpaced even large holders like El Salvador’s BTC treasury (+27%) or Ethereum co-founder Vitalik’s public wallets (+15%) in the same period – illustrating how a nimble trader on the fringes can outperform “blue-chip” HODLers in a raging bull market for alts.
Insights
Murad’s story is a microcosm of altseason fervor. It highlights both the incredible upside and cautionary risk of chasing speculative tokens.
Solana’s ecosystem, where SPX lives, has been a hotbed for meme coins lately (recall MooDeng and others logging hundreds of percent gains). Traders who time it right – or have the conviction (and iron stomach) to hold through volatility – can see astronomical returns.
However, what goes up 160× can come down just as hard. SPX and similar tokens often have thin liquidity and herd-driven price action. A single whale exit could tank prices, just as a whale entry (like Murad’s) can send them soaring.
👉 Explore all details at "Murad Mahmudov Crypto Portfolio"