- Murad Mahmudov’s “Memecoin Supercycle” thesis nailed the rise and cooldown of meme tokens, and he now sees the current lull as a prime accumulation phase.
- He believes memecoins thrive on social energy—not utility—driven by hype, viral momentum, and attention, not fundamentals.
- The second and biggest leg of the supercycle, according to Murad, could hit in late 2025 and bring explosive, fast-paced gains.
Murad, one of the loudest memecoin advocates, has been spot on with his call for the Memecoin Supercycle, mapping out the rise, correction, and setup for the next explosive move. His understanding of market cycles and human psychology has put him ahead of the curve. So, let us take a closer look at why he believes memecoins dominate, and what is coming next.
Who is Murad?
Murad Mahmudov, once a dedicated Bitcoin maximalist, has shifted from preaching BTC dominance to advocating for a portfolio of meme coins. His background includes time at Goldman Sachs and leading Adaptive Capital, a hedge fund that collapsed during the 2020 Bitcoin crash. Recently, he popularized the idea of a “memecoin supercycle,” sparking debate over speculation and transparency. Overall, his shift in focus has surprised many, but he remains a key voice in the space, shaping narratives and market sentiment.
Murad’s Thesis
Murad argues that memecoins follow a different set of rules compared to Bitcoin and traditional altcoins. They are not priced by utility, adoption, or technological breakthroughs but by pure social momentum. In his view:
- Attention is Power — The more attention a memecoin captures, the more value it commands.
- Community-Driven Hype — Retail crowds and influencers fuel demand with memes, trends, and viral energy.
- Exponential Moves — Memecoins move in violent bursts that most investors fail to anticipate or ride fully.
- Narrative Over Fundamentals — Memecoins do not need use-cases; they need stories people want to believe in.
- Low Friction, High Spread — Memecoins are easy to share, cheap to trade, and fast to go viral.
Prediction and the Path So Far
In October 2024, Murad laid out a clear blueprint for what he called the Memecoin Supercycle. His framework centered around two massive bullish parabolas:
- First Peak – A blowout rally in mid-to-late 2024 driven by viral coins and retail frenzy.
- Second Peak – A bigger, more explosive leg projected for Q4 2025 to Q1 2026.
The first leg played out almost exactly as he predicted. Memecoins went on a tear—everything from established names to newer tokens and derivatives surged. Narratives moved faster than fundamentals, and liquidity poured into the most absurd plays. However, as we moved into 2025, the inevitable cooldown kicked in. Volumes dried up, engagement dropped, and retail stepped back.
Now, to make sure most are not sidelined and late to the afterparty, Murad is highlighting this phase as the perfect accumulation window. It is the time when early positions are built, conviction is tested, and attention is starting to shift back to memecoins. As according to his timeline, the real madness begins in late 2025. And if the second peak mirrors or even exceeds the first, we could see a move that is violent, fast, and unforgettable.
Final Thoughts
In conclusion, Murad’s Memecoin Supercycle thesis has been remarkably on point so far. From his early predictions to the current phase of the market, he has shown a keen understanding of how social momentum drives value in the crypto world. So, whether you are a skeptic or a believer, Murad’s insights are hard to ignore, and if it plays out as he expects, the next phase could be the craziest setup for memecoins yet.
