Murad Just Turned a 500-Million Job Apocalypse Into the Biggest Bull Case for SPX6900
A Princeton-educated memecoin evangelist is telling 735K followers that mass unemployment is the catalyst. If AI wipes out white-collar work, SPX6900 becomes the protest trade of a generation. If it doesn't, this is a $270M cope.

โWhen 500 MILLION white-collar workers lose their jobs, which assets will they bid, support and spread as a "middle-finger" to the System that caused them to lose everything? SPX6900. Flip the Stock Market.โ
At 10 PM tonight, Murad โ Princeton grad, ex-Goldman, 735K followers, and the man who turned "memecoin supercycle" from a joke into a thesis โ posted what might be his most provocative take yet. Not another "HODL" sermon. Not another chart. A macro argument: that the coming AI-driven mass unemployment event will funnel hundreds of millions of angry, displaced workers into a single memecoin as an act of financial rebellion. Within sixteen hours: 115,000 views. 1,172 likes. 313 replies. And the replies aren't laughing.
- โ Murad is calling SPX6900 the "middle finger" trade for 500 million workers who lose their jobs to AI
- โ Token is down 87% from ATH at $0.29 โ either a death spiral or the most asymmetric entry since sub-penny
- โ His 735K followers are already mobilizing: 246 consecutive days of community DCA, Amsterdam conference planned for May
What He's Seeing That You're Not
Murad is quoting Citrini โ a well-followed macro researcher with 71K followers โ who just published a chillingly detailed scenario for 2028: the S&P 500 down 38% from highs, unemployment printing 10.2%, private credit unraveling, and prime mortgages cracking. The twist? AI didn't disappoint. It exceeded every expectation. The technology worked perfectly. The economy didn't.
Most people read that piece and feel dread. Murad read it and saw a customer acquisition funnel. His argument: when 500 million white-collar workers lose their jobs to AI, they won't quietly pivot to "prompt engineering." They'll look for a symbol. A middle finger. A way to express that the system failed them. And SPX6900 โ literally named as a parody of the S&P 500 โ becomes that symbol. Not because of fundamentals. Because of rage.
This is the evolution of Murad's thesis. In 2024, he called it the "memecoin supercycle" โ the idea that culture-driven tokens would outperform utility plays. Now he's grafting macroeconomics onto that framework. The supercycle isn't just about internet culture anymore. It's about economic displacement creating a new class of buyer who treats memecoins as protest art.
The Number That Should Scare You
SPX6900 is trading at $0.29. Its all-time high was $2.27 in July 2025. That's an 87% drawdown. If you're a bear, this is a token bleeding out in slow motion while its biggest promoter pivots from price action to apocalypse narratives. If you're Murad, this is a 7x discount from ATH with a thesis that hasn't even started playing out. The macro trigger he's betting on โ mass AI displacement โ is a 2027-2028 event. He's positioning now.
For context: Murad's wallet was publicly tracked holding $70M in memecoins at SPX's peak in July 2025, with $66M of that in SPX6900 alone โ a 10,500% gain from his $0.01 entry. At today's $0.29, that position is worth roughly $1.9M. He hasn't sold. He's either the most patient investor in crypto or the most committed bag holder. The line between those two things is the next 18 months.
The question isn't whether Murad is right about AI destroying 500 million jobs. It's whether his 735K followers believe it enough to act โ and whether that belief becomes self-fulfilling in a market where narrative is the only fundamental that matters.
Why This Matters Right Now
This isn't a random late-night tweet. Murad is deliberately grafting a macro narrative onto a memecoin at a moment when the entire crypto market is watching AI developments with one eye and their portfolios with the other. DeepSeek just shook the AI industry. Tech layoffs are accelerating. The "AI takes our jobs" conversation has moved from Reddit threads to congressional hearings. He's not early โ he's placing a bet that the Overton window is about to shift hard enough to create a new class of memecoin buyer: the displaced professional.
His community is already mobilizing. SPX6900 holders have been DCAing $5 a day for over 246 consecutive days. An Amsterdam conference is planned for May 9th. They're building infrastructure for a protest trade that doesn't even have its catalyst yet. The people who position before the thesis plays out will either look prophetic or delusional. There's no middle ground.
KOL Track Record
Murad's public wallet showed $70M in memecoin holdings at peak (July 2025), with SPX6900 delivering a verified 10,500% return. His broader "cult coins" thesis โ that memecoins with diamond-hand communities outperform hype-driven pumps โ has been directionally correct, even if individual picks like POPCAT have underperformed. The track record leans bullish, but every position is now deep underwater from 2025 highs.
What the Community Is Saying
โYou were right, really right, and you're still right now. The SPX 6900 narrative is exactly the one. Even Dagestan would envy your eagle eye.โ
โWrong. When 500 million white collar workers lose their jobs, they won't be thinking about flipping anything, they'll be thinking about survival. The average US household has less than $1,000 in savings.โ
โThey'll ape whatever feels most disrespectful to suits. Probably meme index.โ
The replies are split but telling. The bulls aren't arguing price โ they're arguing identity. SPX6900 isn't a trade to them, it's a movement. The bears raise a valid point: displaced workers won't have capital to deploy. But that misses Murad's actual thesis โ it's not about the unemployed buying SPX. It's about the narrative of unemployment driving speculative capital from people who still have money but want to express outrage.
MemeDesk Verdict
We're rating this ๐ก Speculative โ and leaning hard on that word. The thesis is intellectually interesting: memecoins as protest assets in a post-employment economy. But let's be clear about what's happening. Murad holds a massive bag of SPX6900. His incentive to construct narratives that justify holding is infinite. When your token is down 87% and your response is "just wait for the global economic collapse," that's either visionary patience or industrial-grade cope.
That said โ dismissing a 735K-follower conviction play while the token trades at 87% off ATH has its own risks. The last time Murad went silent for weeks and then came back swinging, SPX moved 40% in 72 hours. This isn't a fundamentals game. It's a belief game. And right now, the congregation is listening. Set your alerts. Do your own research. But don't say we didn't tell you.
What is SPX6900?
SPX6900 is an Ethereum-based memecoin created as a parody of the S&P 500 stock index. It has no utility or yield โ its value is driven entirely by community conviction and narrative. It peaked at $2.27 in July 2025 and currently trades around $0.29.
Who is Murad Mahmudov?
Murad Mahmudov is a Princeton-educated, ex-Goldman Sachs crypto investor with 735K followers on X. He coined the "memecoin supercycle" thesis in 2024 and is the most prominent public advocate for SPX6900. His tracked wallet held $70M in memecoins at peak.
Is SPX6900 a good investment?
SPX6900 is an extremely high-risk speculative asset. It is down 87% from its all-time high. Its value depends entirely on community growth and narrative momentum, not fundamentals. Only invest what you can afford to lose completely.
What is the memecoin supercycle theory?
The memecoin supercycle is Murad's thesis that culture-driven tokens will outperform utility-based crypto projects in this market cycle. He argues that communities with "diamond hand" conviction create self-reinforcing value loops that traditional tokenomics cannot replicate.
Why is Murad connecting AI job losses to SPX6900?
Murad argues that mass AI-driven unemployment (projected by some analysts for 2027-2028) will create a wave of financially displaced workers seeking protest assets. SPX6900, named as a parody of the S&P 500, positions itself as a "middle finger" to the traditional financial system โ making it a natural magnet for anti-establishment sentiment.