Key Highlights
- Prominent crypto investor Murad defended holding through massive paper wealth drawdowns during a TOKEN2049 Singapore panel.
- Murad revealed long-term price targets far beyond 2025 levels, committing to holding his assets for up to eight more years.
- Reaffirming his support for tokens like SPX6900, Murad argued that visionaries rely on conviction rather than immediate confirmation.
Conviction Amid Volatility: Murad’s Long-Term Strategy
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.
During the discussion, session host Neuner put $81 million on him, Murad said yes, then looked ahead to billions. In another Oct. 22 post, Murad wrote that visionaries don’t wait for ‘confirmation’.
His statements frame sitting through severe market declines not as a risk management failure, but as a mandatory display of dedication to the asset class.
Leading by Example with “Diamond Hands”
Just 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 wanted to build, putting the phrase to a personal test.
He said he has to lead by example,
adding that his targets were so much higher than the 2025 levels that he planned to hold for another six, seven, eight years.
In Murad’s account, remaining invested is part of the leadership role itself. He presents the willingness to hold through the reported drawdown as a way to demonstrate the belief he wants to see from the wider community.
Support for SPX6900 and Diverging Market Philosophies
Later in the panel, Murad described himself as a huge supporter
of SPX6900. The token’s price was about $0.36 on Oct. 22, roughly 84% below its all-time high. This stance puts his financial thesis on the line, leaving the financial claim resting on a future outcome. His confidence that the wallets will eventually reach billions does not establish that they will, or provide a timetable for recovering the paper gains discussed on stage.
Murad’s philosophy contrasts sharply with other prominent voices in the memecoin space. In April 2025, SquidGrow founder Shibtoshi argued that utility and an organic community were needed to sustain value. Murad’s remarks emphasize holding and belief, even when the paper value falls sharply, underscoring an ideological divide over what ultimately drives lasting value in digital assets.
Why This Matters
The dialogue at TOKEN2049 Singapore highlights a fundamental debate within the cryptocurrency sector between long-term ideological holding and functional utility. Murad’s insistence on demonstrating conviction during major market corrections reflects how high-profile figures shape retail sentiment and cultivate collective resolve across decentralized token communities. As memecoins increasingly command significant capital, the tension between value sustained by belief and value backed by tangible utility remains a defining dynamic for investors navigating extreme drawdowns.
Frequently Asked Questions
What does Murad predict for the future of memecoins?
During the TOKEN2049 panel, Murad predicted that a memecoin would eventually reach a market capitalization of one trillion dollars, stating his personal price targets extend far beyond projected 2025 levels.
How long does Murad plan to hold his cryptocurrency positions?
Murad stated that he plans to hold his assets for another six, seven, eight years,
emphasizing that building a movement larger than Dogecoin requires leading by example through severe volatility.
What token did Murad explicitly endorse during the panel?
Murad identified himself as a huge supporter
of the token SPX6900, which traded around $0.36 on Oct. 22, down approximately 84% from its previous all-time high.




