Murad Mahmudov, a well-known figure in the crypto space, gained notoriety for his role in promoting meme coins. Murad Mahmudov recently gave a presentation, in Singapore, where he isn’t just forecasting a memecoin supercycle—he says it’s already happening.
Why the Memecoin Cycle Is Happening?
As Mahmudov explains: the memecoin cycle isn’t just a fluke; it’s driven by both internal and external factors.
Internally, there’s a massive flood of new tokens hitting the market—600,000 new tokens just in 2024. It’s an oversaturation of options, but it plays right into the meme culture. Meanwhile, centralized exchanges are inflating valuations at listing, driving hype and speculation.
Externally, the era of every crypto asset moving in lockstep with Bitcoin is over. Only 43 tokens have outperformed Bitcoin year-to-date, and of those, 13 are meme coins. This separation signals a new phase, where memecoins stand out in a sea of stagnating altcoins.
The Future of the Memecoin Supercycle
Mahmudov doesn’t stop with just the current situation. He predicts the memecoin supercycle is set to surge even higher, with two major pumps expected in 2025. According to him, memecoins could end up being a significant slice of the entire crypto market.
He also hints at a shift in the narrative around these tokens. The best meme coins aren’t just financial instruments—they’ll evolve into full-fledged “cults” with a range of benefits for holders. We’re talking about identity, community, hope, culture, and a sense of escape from the monotony of life.
Why the Memecoin Supercycle is Here to Stay
Why does Mahmudov think this isn’t just another bubble? Because memecoins have some key advantages over other assets. They’re simpler than tech-heavy altcoins, more liquid than NFTs, and less risky than DeFi projects. There’s no inflation or unlock periods, no massive unlocks waiting to crush prices, and certainly no under-the-radar dumping by developers.
Memecoins also offer something unique: excitement. With volatility comes opportunity, and the retail crowd loves a good shot at winning. For many, it’s better odds than sports betting or the casino. The meme narrative is fresher, more relatable, and brings a passionate community with it—one that’s ready to rally behind the next big thing.
Mahmudov’s message is clear: the memecoin supercycle isn’t a phase, it’s a movement. These tokens are simpler, more liquid, and often safer than other crypto assets. But beyond that, they offer something money can’t always buy—identity, community, and a sense of belonging.