📉 SPX Plummets 35% – Did Murad Miss the Golden Chance?

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While Solana (SOL) dances back to its 2025 highs, SPX6900 (SPX)-that beloved meme coin frolicking on Solana, blessed by our dear Murad-has taken a nosedive, shedding 35% from its lofty peak last month. Oh, the drama!

This sharp decline has left Murad’s portfolio in tatters, with SPX comprising an overwhelming majority. The burning question now: Did Murad pass by the best profit-grabbing moment of the year? And is there any hope left for SPX’s comeback?

Murad Clings to SPX Despite a 35% Portfolio Whiplash.

According to BeInCrypto, SPX sank from a sky-high of $2.15 in late-August to a mere $1.36 in September. A 35% drop, in stark contrast to the altcoin rally stretching weeks, no less! During this period, the altcoin market cap (TOTAL3) soared to a sensational $1.15 trillion in September, leaving SPX in the dust!

As fate would have it, Murad’s overall portfolio nose-dived too, as SPX makes up more than 97% of his holdings-a little gamble, that.

Arkham data reveals Murad’s portfolio dropped from a lavish $67 million to a shivering $42.8 million. Yet, he holds firm, clutching nearly 30 million SPX, unswayed by selling a single token-even when SPX charmed above $2.

Did Murad let slip the best profit chance with SPX? His choice to hold tight indicates a faith: SPX will ascend far beyond $2-a humbling gamble indeed.

Though September saw his portfolio slashed by over 35%, it was a milder punishment compared to the earlier plunge-more than 78% from $56 million to a mere $12 million! Yet he withstood, opting to hold fast.

“In 2018, they called me a schizo when I wouldn’t shut up about BTC hitting $1,000,000. Today, it’s yet another green apple. Now I’m predicting SPX6900 to scale $1,000+, so watch this space,” says Murad.

Should SPX ever hurdle to $1,000 as he predicts, his treasure trove of a portfolio would swell to over $30 billion, surely putting him on the leaderboard of the world’s wealthiest-a whimsical fantasy?

SPX Notches Strong Accumulation in the Wake of Price Setback

Santiment data shows SPX supply on exchanges (red line) dipping to a new low over the past year, while the number of holders (yellow line) climbs to a record-breaking 2 million. Since June, a staggering 60 million SPX tokens have vanished from exchanges. A strong indication, one might say, of accumulating a loyal retinue of hodlers eager to hang on.

Investors seem to cozy up to dollar-cost averaging (DCA) daily, sowing seeds of confidence in SPX’s beckoning future.

Some whisper that SPX might just strut into this cycle as the Shiba Inu (SHIB). To frame it: SHIB boasts a market cap of $7.7 billion, while SPX stands at $1.2 billion. A challenging but intriguing comparison!

This meme token, birthed for laughs and satire, draws its power from Murad’s influential charm-over 700,000 followers rally at his words, propelling SPX’s fame as only a digital siren song can.

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2025-09-19 11:08