How did a single influencer help propel a small token into widespread attention? Murad’s endorsement of SPX6900 rapidly shifted market focus toward the memecoin, drawing comparisons to earlier crypto phenomena such as Dogecoin, XRP, and Bitcoin, and framing a thesis that the token could ultimately reach a $1 trillion market cap. The argument presented emphasizes a concentrated holder base and what proponents describe as the token’s “purest core,” citing on-chain metrics and chart reflexivity marked by consistent green candle momentum, while positioning the project within broader memecoin momentum observed in 2025. Observers note that Murad’s timing, coupled with a narrative that ties low current valuations to outsized future potential, created a focal point for retail engagement. The Block’s podcast episode with Murad discussed these themes and provided context on responsibilities tied to memecoins, highlighting a timestamped segment at 18:33 that covered obligations for holders and promoters, a point several listeners found notable for its emphasis on ethical community behavior and transparency podcast segment.
Murad’s endorsement turned SPX6900 into a retail focal point, framing memecoin dreams of a $1 trillion future.
Price behavior reflected the influence of social promotion, as SPX6900 moved from approximately $0.01 to nearly $0.91 in late 2024, and sustained upward momentum into early 2025, with volatility intensifying after peak gains. A subsequent 35–45% drawdown followed the suspension of the project’s X (Twitter) account in March 2025, illustrating the fragility of narrative-driven price dynamics and the operational risks tied to social platforms. Despite the pullback, Murad maintained a bullish stance, prompting debate within the community about missed opportunities for profit-taking versus long-term accumulation signals that suggest continued holder conviction.
Murad’s coordinated viral campaigns, including targeted TikTok activity and amplified online discourse, served to deepen engagement and broaden awareness, translating narrative strength into measurable short-term price impact. The leader-centric model, which links charismatic visibility to value perception, cultivated storytelling ambitions among holders that extend beyond pure financial returns, with slogans about “flipping the stock market” creating communal identity and emotional participation. At the same time, participants remain mindful that social media dependency introduces systemic threats to momentum and liquidity if access is curtailed.
The project’s expansion into NFTs with Project AON represents a strategic attempt to build an ecosystem around token holders, with forecasts positioning select NFTs at high valuations tied to SPX demand, potentially reinforcing wealth effects during extended bull cycles projected into early 2026.
