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Murad explores his memecoin thesis and support for SPX6900

The Block

Jul 16, 2025 17:35:31

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Episode 33 of The Crypto Beat was recorded with The Block's Head of Growth, Tim Copeland, Co-host Kelvin Sparks and memecoin aficionado Murad.

Listen below, and subscribe to The Crypto Beat on YouTubeAppleSpotify, Twitch or wherever you listen to podcasts. Please send feedback and revision requests to podcast@theblock.co

In this episode, Murad argues that the future of crypto lies in belief-driven, community-powered assets rather than short-term speculation or VC-backed utility tokens. He explains why meme coins like SPX6900 are not just speculative plays but cultural and spiritual movements that offer their holders meaning, identity, and potential financial upside.

OUTLINE 00:00 – Introduction

00:47 – Memecoin Landscape

04:58 – Rise of Bonk.Fun

07:10 – The next six months

09:15 – SPX6900 as a Schelling Point

18:33 – Responsibilities with Memecoins

23:45 – Flipping the Stock Market

29:23 – Memecoin mullet

34:13 – Memecoin strategy

38:55 – Bitcoin Treasury Trade

45:47 – Crypto's Future

48:17 – Murad's Motivation in Crypto

52:56 – Creating or Moving Value

54:56 – Conclusion

The Block Newsletters The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters

Guest links: Murad - ⁠https://x.com/MustStopMurad⁠

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Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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