Murad is widely recognized in the meme coin community, but his image took a hit last week when he shared a series of top 10 lists that showed some surprisingly out-of-touch crypto opinions.
One of these lists, for example, was a ranking of the best meme coins, a category imaginably difficult to take seriously. Anyway, the top 10 meme coins had names like Doge, Shiba, and this site’s own token, Tap. At least one of these has probably gone to zero since then. So, Murad is not doing very well. But to be fair, he’s not alone. This situation reflects the what-goes-up-must-come down volatility of the current cryptocurrency market.
A Closer Look at Murad’s Portfolio
Murad’s portfolio is most invested in SPX, the largest holding in his collection of meme coins. Despite being one of his more significant assets in that collection, SPX has also taken a substantial hit. Currently priced at $0.28, SPX has fallen by an eye-popping 30.12% over the past two weeks. Murad holds approximately 29.964 million SPX tokens, and that alone gives his portfolio an estimated valuation of $8.48 million, although we’re not certain whether that estimation was made using Q2 or Q3 financials.
Well-known Meme Coin KOL Murad has seen a significant decline in his crypto portfolio over the past two weeks.His total assets currently stand at $9.72 million, reflecting an overall account drop of 39.59%.Murad’s largest holding, SPX, has fallen to $0.28, a 30.12% decline, with…
— Wu Blockchain (@WuBlockchain) March 11, 2025
The problems with Murad’s portfolio go way beyond SPX. Besides his enormous SPX position, Murad has several other meme coins that now constitute large losses in his portfolio. Let’s take a look at the performance of his different coin holdings.
-$SPX: -80%
-$GIGA: -90%
-$RETARDIO: -94%
-$POPCAT: -93%
-$MOG: -90%
JUST IN: Murad's memecoin portfolio is down $40 million since the beginning of 2025
His portfolio includes 👇
• $SPX: -80%
• $GIGA: -90%
• $RETARDIO: -94%
• $POPCAT: -93%
• $MOG: -90% pic.twitter.com/hpryxcSbxB
— BlockNews (@blocknewsdotcom) March 10, 2025
These losses are stark and striking, and they reveal the intrinsic risks tied to meme coins. Unlike cryptocurrencies that are backed by real-world business models, the only backing meme coins seem to have is the laughter of their creators. The market can only appreciate these tokens for what they are (near) worthless, or else the next round of price appreciation will be (near) just as superfluous as the last one. Yet here we are: Meme coins are somehow still a market sector that has the potential to pummel naïve speculators.
The Risks and Realities of Meme Coin Investing
By their very nature, meme coins are highly speculative and usually don’t have the fundamental backing of more solid cryptocurrencies like Bitcoin or Ethereum. Much of the value of these coins seems to be driven by community sentiment and social media trends, which can result in some extreme volatility. This is especially true for tokens like SPX, GIGA, RETARDIO, POPCAT, and MOG, which are all quite niche within the crypto space and haven’t achieved the same kind of mainstream adoption as more popular tokens.
For Murad, who is known for his involvement in meme coins, the past few weeks have been a tough reminder of the risks involved in investing in such assets. Meme coins often rely on viral trends and social media influencers to drive their value, and when the hype fades or market sentiment shifts, these tokens can experience severe price corrections. The ugly losses Murad has seen in his portfolio are an indictment of the just-as-unpredictable nature of the meme coin market, where prices can swing wildly based on what’s cool and what’s not.
Although meme coins have been known to generate incredible profits for some investors, they’re just as likely to produce enormous losses. Murad’s portfolio illustrates the risky nature of investing in these tokens. He took a 28% hit, and his net worth in meme coins is now around $350,000. Even prominent figures in the meme coin community aren’t immune to the wild price swings of these digital assets.
What’s Next for Murad and Meme Coins?
The road ahead for Murad and his holdings in meme coins is likely to be a tough one. The market is always full of surprises, yet the recent performance of his assets indicates that the investor may need to rethink his holdings. With sizable losses across various tokens, the next steps for Murad seem like they could involve a potential rebalancing of his investments, maybe moving on from high-risk meme coins and toward more dependable assets.
In the larger meme coin market, Murad’s position could act as a cautionary tale. It is a narrative that investors—particularly those drawn to the prospect of investing in meme coins—would do well to consider. What happened to Murad is extreme, but the events that led to his current situation are likely a loosely bound part of the frequently bursting hype bubbles that surround meme coins. Indeed, the moment one meme coin starts to lose value, the risk that the next one will lose value too becomes very real.
Invested as they might be, those in the still-nascent, speculative meme coin market would be well advised to undertake a serious review of their investment portfolios. It might be time to think about diversifying into some actual cryptocurrencies, which have a much better shot at maintaining value. Meme coins have shown us that nothing is guaranteed in this wild west of an investment space.
To sum up, Murad’s present investment portfolio troubles are similarly being experienced by a number of other meme coin investors amid the current meme coin market downturn. Volatility, price corrections, and market speculation have way too often been the investment landscape’s signs of leading investors right to the promised land (of investment returns) or leading them straight to the guillotine (of investment losses).
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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