According to CoinWorld news, Murad Mahmudov—a prominent investor and proponent of the "meme coin supercycle" theory—may soon return to the public eye. His portfolio is currently less than 8% away from its previous all-time high (ATH). As of July 2025, the cryptocurrency market is heating up. Investors are showing renewed optimism, and meme coins are experiencing a strong resurgence. Murad's portfolio is facing a significant opportunity. Murad has nearly recouped his losses from this year. Data from Arkham shows that Murad's portfolio has surpassed $52 million, just $4 million shy of this year's earlier all-time high. This gap could soon be closed. With market sentiment shifting to extreme greed in July this year, the value of this portfolio may rise further. Most of the meme coins in Murad's portfolio have risen between 10% and 25%. At its lowest point in 2025, his portfolio had dropped over 80%, falling below $10 million. However, Murad's strategy of holding through the downturn—while maintaining faith in the meme coin supercycle—is now paying off. His portfolio has recouped most of its previous losses. Why might Murad's portfolio set a new high? There are two reasons to believe that Murad's portfolio may soon reach a new peak. First, the broader market recovery has boosted the overall market cap of meme coins. According to data from CoinMarketCap, the market cap of meme coins has surged to nearly $6.6 billion—an increase of nearly 30% since the beginning of this month. This recovery has propelled the "Murad Pick" portfolio to outperform other market sectors over the past 7 days. The second reason is the upside potential of the SPX6900 (SPX) token. SPX accounts for $50 million in Murad's portfolio—over 96% of its total value. Therefore, the overall portfolio's performance is closely tied to SPX's price movements. The price outlook for SPX appears bullish. On X, a user named Cold pointed out that SPX6900 has formed a classic cup and handle pattern, indicating a potential breakout. Several other analysts also believe that SPX may be one of the breakout meme coins for Ethereum in the latter half of 2025. While the market waits to see if Murad's portfolio will set a new ATH, intriguing memes like "SPX6900 > SPX500" are spreading.

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