Murad says SPX6900 will be “the most important financial asset in human history,” and a bunch of people are reposting it and shouting their faith. I just have one question: can someone who reportedly holds 30 million tokens, with 96% of his portfolio in it, really say anything else?
Let’s do the math: SPX is around 0.36 now, down 84% from its July 2025 peak of 2.27. Its market cap is just over $330 million, and people on X estimate daily trading volume at only around $4 million. At the current price, 30 million tokens are worth just over $10 million. If he really wanted to get out, how many days would that much liquidity last before he tanked the price? So is “not selling” really faith, or is it just that he can’t sell? You decide.
Reports say he’s sitting on a paper loss of $60 million. No one can verify that, but the general direction is probably right. What does a shiller need most after getting deeply underwater? New money to buy in. Those of you posting your several-hundredth day of dollar-cost averaging every day, and reposting “Murad is right” every day—you’re his liquidity.
I’m not saying SPX will go to zero. It’s genuinely rare for a meme coin to survive two bear markets. But don’t mistake the big talk of someone with a huge position for a research report. When he says it’s the most important asset, translated, that means: my position is very important.
#SPX6900 #meme
Let’s do the math: SPX is around 0.36 now, down 84% from its July 2025 peak of 2.27. Its market cap is just over $330 million, and people on X estimate daily trading volume at only around $4 million. At the current price, 30 million tokens are worth just over $10 million. If he really wanted to get out, how many days would that much liquidity last before he tanked the price? So is “not selling” really faith, or is it just that he can’t sell? You decide.
Reports say he’s sitting on a paper loss of $60 million. No one can verify that, but the general direction is probably right. What does a shiller need most after getting deeply underwater? New money to buy in. Those of you posting your several-hundredth day of dollar-cost averaging every day, and reposting “Murad is right” every day—you’re his liquidity.
I’m not saying SPX will go to zero. It’s genuinely rare for a meme coin to survive two bear markets. But don’t mistake the big talk of someone with a huge position for a research report. When he says it’s the most important asset, translated, that means: my position is very important.
#SPX6900 #meme