Memecoin investor Murad confirms $81 million roundtrip on gains, says he’s eyeing billions

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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.Holding memecoins as an exampleJust 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 w...

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