Memecoin investor Murad confirms $81 million roundtrip on gains, says he’s eyeing billions
The resurfaced TOKEN2049 exchange captures his belief that the wallets will eventually reach billions despite the reported paper drawdown. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Memecoin investor Murad Mahmudov confirmed an $81 million roundtrip in paper gains during a TOKEN2049 panel, then told moderator Ran Neuner he was “totally” fine with it because he expected the wallets eventually to be worth billions.
Neuner asked if Murad “roundtripped eighty-one million dollars,” to which he responded, “Yes.” Murad replied to being “cool with that”:
“Yeah, totally, because, uh, I think those wallets are gonna be in the billions eventually.”
The remarks came during the Oct. 7 TOKEN2049 Singapore panel, “Memecoins: Dead or Just Getting Started?” Their renewed circulation adds a figure to Murad's argument that holding through a reported collapse in paper wealth shows conviction in what comes next.
On Oct. 22, Token2049 promoted the full panel, highlighting Murad's separate prediction that a memecoin would eventually reach a trillion.
Just before the exchange, Murad said building something “bigger than Dogecoin” required “extreme levels of diamond handedness,” along with a culture of holding and belief.
“Diamond hands” is the trading shorthand for refusing to sell through volatility. Murad linked that willingness to hold to the community he wanted to build, putting the phrase to a personal test.
He said he has to “lead by example,” adding that his targets were so much higher than the 2025 levels that he planned to hold for another “six, seven, eight years.”