- SPX 6900 aims to redefine memecoins by emphasizing its financial purpose and mobilizing its community.
- The memecoin craze could continue until 2025, with some tokens potentially reaching multi-billion dollar market caps.
In recent discussions, the potential rise of a memecoin supercycle has gained attention within the cryptocurrency community. Murad, a prominent figure in the space, suggests that we may witness a shift in the market from animal-themed memecoins, like Dogecoin and Shiba Inu, to more conceptually driven tokens.
He emphasizes that non-animal-based coins, such as Giga and SPX, represent the “next stage” of this evolving trend. According to Murad, these tokens go beyond mere novelty and have started inspiring deeper engagement and loyalty within their communities.
This transition is reminiscent of the last crypto cycle, where investors sought to replicate the success of previous animal-themed coins. However, Murad believes that the current memecoin wave is not just about cute pictures of animals but about forming tokenized communities with more profound ideological appeal.
He notes that these communities offer a sense of belonging and collective purpose, much like traditional religions have done in the past.
As memecoins become more established, the market is changing
Murad projects that the memecoin craze could continue until at least 2025, with some tokens potentially achieving market caps far beyond current expectations. This sentiment reflects the growing belief that certain memecoins may become multi-cycle assets, capable of enduring beyond the current bull market.
However, the rise of memecoins also raises questions about their long-term sustainability. Critics argue that memecoins, like most speculative assets, may lead to heavy losses for latecomers.
Still, supporters of this new wave believe that the unique community-driven nature of these coins could help them outperform more traditional tokens, especially as more retail investors become involved.
SPX 6900 and Giga: The Rise of Concept-Driven Memecoins
Unlike their predecessors, which often relied on animal themes, these tokens are driven by ideas and concepts that resonate with their communities. Murad has been vocal about his investment in these coins, citing their potential to outperform others in the coming years.
SPX 6900, in particular, has garnered attention due to its attempt to redefine what a memecoin can be. While earlier memecoins leaned heavily on humor and internet culture, SPX 6900 aims to inspire a broader movement. The community supporting the token views it as more than just a speculative asset.
According to Murad, SPX 6900 represents a “financial movement,” where the coin is seen as a tokenized community with a deeper purpose. The coin’s vision to reach a market cap of $100 billion has been described as “conservative” by its supporters, with some even projecting it could go much higher.
The coin’s success is attributed to its ability to engage users emotionally, turning holders into active participants within a larger cause.
Similarly, Giga has drawn interest for its role in what Murad calls the “next stage” of memecoins. Giga moves away from simple animal-themed tokens and focuses on fostering a community that is motivated by its concept. Like SPX 6900, Giga’s appeal lies in the way it engages its users, offering them something more than just price speculation.
These memecoins, Murad argues, inspire people in ways that previous cycles of memecoins did not, helping them to build loyalty and a sense of belonging.
