A public thesis about memecoins, market cycles and the role of committed communities in sustaining attention.
Why read Murad Mahmudov?
Murad's 2024 thread is a concrete example of building a market narrative from comparisons with previous cycles. He selects earlier assets, compares the sequence of their price moves and uses that pattern to argue for another stage of memecoin growth. Read it to identify the historical analogy and the selection choices on which the argument depends.
His earlier STFX introduction tackles a different problem: turning a social trading idea into a fund that exists for one trade. He explains the proposed connection between a vault, a trade and community participation. Read these two threads together to compare his market arguments with a product proposal; the later Proof of Thought interview offers a listening route into his evolving cycle and community thesis.
Start with the original
Selected work
Market thesis ·
Why Cult Memecoins Will Continue to Outperform
What historical comparison supports his thesis? Follow the thread's selected examples from earlier cycles, then its argument about the stages of a memecoin cycle. It records his reasoning at that point in time.
Project introduction ·
Introducing STFX and single-trade funds
How could a public trading idea become a focused fund? His seven-post introduction explains the proposed one-vault, one-trade model and the community's role. It supplies an earlier example of his SocialFi work.
Interview ·
The Extended Cycle Thesis Explained
How does he connect markets with community culture? The publisher marks the extended-cycle argument at 03:17, SPX6900's no-chart-posting rule at 29:10 and a counterargument to the supercycle at 42:37.
Projects & roles
STFX
His own July 2022 account of a SocialFi project he was developing with five friends.
Memecoin Supercycle thesis
His own September 2024 introduction to the talk and its market thesis.
SPX6900
The interview discusses his participation in the movement, with a chapter on his role at 32:53.