At TOKEN2049 Singapore, Murad Mahmudov proposed the Fat Movement Thesis, suggesting a memecoin might eventually overtake Bitcoin in market value if it gains strong community backing and long-term holders. He emphasized that successful memecoins grow into movements supported by dedicated investors. Additionally, Mahmudov noted that the broader crypto market has not yet entered a bull cycle, without specifying when it might start.
Mahmudov's memecoin thesis offers context for crypto market data. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 25, 2026 00:21 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37, BAL (Balancer) up 11.14% at Rp16.297, and EGLD (MultiversX) down 10.59% at Rp58.309 with a 44% sell and 56% buy order split on Pluang and typical hold times ranging from 85 to 94 days.
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