Memecoin Advocate Murad Holds Despite 83.5% Portfolio Drawdown
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Murad, former co-founder of Adaptive Capital and one of the most well-known voices in the memecoin world, is selling nothing. Despite a loss of no less than 83.5% from his peak, he is holding onto his entire portfolio. His on-chain wealth reached a high of $67 million last July, but stands... The post Memecoin KOL Murad holds on as portfolio drops 83.5% appeared first on Blockchain Stories.
Memecoin Advocate Murad Holds Despite 83.5% Portfolio Drawdown
While most traders would have cut losses long ago, one of crypto’s loudest meme coin promoters has sat through a decline that vaporized more than $56 million in notional value. Onchain tracking shows that Murad, the former Adaptive Capital co-founder, still holds every token from a publicly shared basket even as the portfolio’s peak valuation of $67 million last July shrank to roughly $11 million, an 83.5% plunge according to the original report…
Memecoin Guru Murad Sees $67M Portfolio Crash 83%, Yet Refuses to Sell a Single Token
Key Takeaways: Murad Mahmudov’s memecoin holdings have fallen by 83.5% from their peak of $67 million to roughly $11 million. On-chain data shows he continues holding his major memecoin positions. The dramatic drop has raised questions about belief versus risk in memecoin investing. User Score8.7 Follow us on Google News Blockchain analytics firm Arkham Intelligence has unveiled the extent of the assets drop in the portfolio of one of crypto’s …
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