Famous memecoin trader's crypto wallet shared!
Crypto detective ZachXBT shared memecoin trader Murad Mahmudov's crypto wallets worth $24 million.
ZachXBT shared Mahmudov's links to various wallets in an X post dated October 8. The Onchain researcher stated that the wallets were funded from a common wallet. ZachXBT stated that Mahmudov, who he claimed, shared his crypto wallets for the benefit of the community. The crypto detective emphasized that the wallet should be monitored in case of any problems that may occur in the future.
Mahmudov was previously the chief information officer of Adaptive Capital. The crypto hedge fund collapsed with the market crash in March 2020. Since then, he has supported memecoins and expanded his audience with his notable posts on X.
ZachXBT had previously expressed concerns about Mahmudov's strategies and stated that the trader was earning unfair income from his followers. It was stated that the information shared by ZachXBT is public information and creates more transparency.
Most crypto experts think that memecoins play an important role in attracting investors to the market. However, these memecoins that attract new investors can have a short life. Especially crypto influencers with high followers can manipulate memecoins quite easily.
Due to the downward pricing of Bitcoin, the earning opportunity in cryptocurrencies has decreased. However, the opportunities in memecoins are endless. For this reason, crypto investors are taking the easy way out and turning to memecoin trading. It seems that BTC's rise again and reviving altcoins or the change in trends will create different opportunities in the sector.
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