{"id":647080,"date":"2024-10-09T15:00:44","date_gmt":"2024-10-09T15:00:44","guid":{"rendered":"https:\/\/wncen.com\/?p=647080"},"modified":"2024-10-09T08:54:56","modified_gmt":"2024-10-09T08:54:56","slug":"crypto-whale-turns-2-into-over-100-million","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/","title":{"rendered":"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It"},"content":{"rendered":"

Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts\u2014analogous to Keith Gill, also known as “Roaring Kitty,” in the stock market. Mahmudov has reportedly transformed an initial investment of just $2 into a fortune exceeding $100 million over the past five years. This astounding feat was detailed<\/a> by Pix (@PixOnChain), an advisor to Mintify and researcher at Jirasan, and further analyzed by crypto analyst Rekt Fencer (@rektfencer) on X.<\/p>\n

\n

This is Murad<\/p>\n

In 2020, he went bankrupt during the COVID crash<\/p>\n

Now, he\u2019s a memecoin whale, making MILLIONS every day<\/p>\n

Here\u2019s how he did it \u2014 and what he thinks is coming next \ud83d\udc47\ud83e\uddf5 pic.twitter.com\/jqv0pS2PT1<\/a><\/p>\n

\u2014 Rekt Fencer (@rektfencer) October 8, 2024<\/a><\/p><\/blockquote>\n

From Bitcoin To Crypto To Memecoins<\/h2>\n

Murad Mahmudov’s entry into the world of cryptocurrency began in 2013 while he was an exchange student in China. Surrounded by forward-thinking peers deeply invested in Bitcoin, he developed an early interest in digital assets. After a period working with financial giants Goldman Sachs and Glencore, Mahmudov returned to the crypto sphere in 2016, fully embracing the role of a Bitcoin maximalist.<\/p>\n

In 2018, he made headlines with a bold prediction: Bitcoin would reach $10 million per coin. This assertion was considered audacious even among staunch Bitcoin advocates. Despite his Bitcoin-centric philosophy, Mahmudov was quietly accumulating altcoins, including Ethereum at $150.<\/p>\n

Related Reading: Crypto Analyst: Why Memecoins Are Still The Next 100x Opportunity<\/a><\/div>\n

Capitalizing on his market insights, Mahmudov co-founded Adaptive Capital in 2019 alongside several colleagues. The fund initially outperformed expectations, leveraging a formula that seemed to consistently beat the market. However, the unforeseen global COVID-19 pandemic in 2020 dramatically shifted the economic landscape.<\/p>\n

With significant long positions in Bitcoin, Adaptive Capital faced catastrophic losses as exchanges experienced outages during critical trading periods. The fund ultimately closed, returning the remaining capital to investors after sustaining a 55% loss.<\/p>\n

This pivotal moment prompted Mahmudov to reassess his investment strategies. Taking a hiatus from active trading, he re-emerged in June 2022 with a renewed perspective on the crypto market.<\/p>\n

The Memecoin Supercycle<\/h2>\n

Recognizing emerging trends, Mahmudov shifted his focus to memecoins. He introduced the concept of the “Memecoin Supercycle,” positing that these tokens represent the next significant growth opportunity in the crypto market.<\/p>\n

Related Reading: RIP Altcoin Seasons? Crypto Analyst Debates Whether They\u2019ll Ever Return<\/a><\/div>\n

In a viral post on September 12, Mahmudov unveiled his top ten high-conviction memecoin investments, complete with ambitious long-term market capitalization targets. Among them were tokens like SPX6900 SSPX on Ethereum, which he believes could reach a $100 billion market cap, asserting it as the “number one movement coin in the world” with a mission to “flip the stock market.”<\/p>\n

\"Top
Top memecoins | Source: X @PixOnChain<\/figcaption><\/figure>\n

His predictions were met with skepticism, with some labeling him as overly optimistic. However, his conviction remains unshaken. “I’ve spent the last 10 weeks locked in my room doing nothing but studying Memecoins, silently hanging out in their groupchats, simply observing and studying their lore to develop conviction on my Top 10 long-term Memecoin plays. I will be sharing all 10 over the next 10 days,” he writes.<\/p>\n

Mahmudov’s insights gained significant traction following his recent presentation at Token2049. According to\u00a0Mechanism Capital\u2019s Andrew Kang his talk at Token2049 “catalyzed the next wave of capital reallocation into memecoins.”<\/p>\n

Crypto analyst Miles Deutscher summarized the key points of Mahmudov’s speech, noting the exceptional performance of memecoins in the current market cycle. Mahmudov emphasized that “assets will no longer move up in unison,” highlighting the distinct outperformance of memecoins compared to traditional altcoins.<\/p>\n

\n

Murad’s recent speech at TOKEN2049 has ignited a memecoin frenzy.<\/p>\n

It will change your ENTIRE outlook on crypto (and could net you huge gains).<\/p>\n

If you haven’t watched it yet, you NEED to read this thread.<\/p>\n

\ud83e\uddf5: Breaking down @MustStopMurad<\/a>‘s memecoin theory.\ud83d\udc47<\/p>\n

\u2014 Miles Deutscher (@milesdeutscher) October 8, 2024<\/a><\/p><\/blockquote>\n

He argued that memecoins fulfill retail investors’ desires for community, identity, and excitement\u2014elements often missing from utility-focused altcoins. “Memecoins as a superior version of altcoins,” Mahmudov asserted. \u201cMemecoins are outpacing altcoins by delivering what retail actually craves: community, identity, and excitement, not just potential gains. It\u2019s not just speculation, it\u2019s culture, Deutscher explained.<\/p>\n

At press time, leading Solana based memecoin WIF traded at $2.52, up 75% in the last three weeks.<\/p>\n

\"WIF
WIF price, 1-day chart | Source: WIFUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image created with DALL.E, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts\u2014analogous to Keith Gill, also known as “Roaring Kitty,” in the stock market. Mahmudov has reportedly transformed an initial investment of just $2 into a fortune exceeding $100 million over the past five years. This astounding feat was detailed by Pix (@PixOnChain), an advisor to Mintify and researcher at Jirasan, and further analyzed by crypto analyst Rekt Fencer (@rektfencer) on X. This is Murad In 2020, he went bankrupt during the COVID crash Now, he\u2019s a memecoin whale, making MILLIONS every day Here\u2019s how he did it \u2014 and what he thinks is coming next \ud83d\udc47\ud83e\uddf5 pic.twitter.com\/jqv0pS2PT1 \u2014 Rekt Fencer (@rektfencer) October 8, 2024 From Bitcoin To Crypto To Memecoins Murad Mahmudov’s entry into the world of cryptocurrency began in 2013 while he was an exchange student in China. Surrounded by forward-thinking peers deeply invested in Bitcoin, he developed an early interest in digital assets. After a period working with financial giants Goldman Sachs and Glencore, Mahmudov returned to the crypto sphere in 2016, fully embracing the role of a Bitcoin maximalist. In 2018, he made headlines with a bold prediction: Bitcoin would reach $10 million per coin. This assertion was considered audacious even among staunch Bitcoin advocates. Despite his Bitcoin-centric philosophy, Mahmudov was quietly accumulating altcoins, including Ethereum at $150. Related Reading: Crypto Analyst: Why Memecoins Are Still The Next 100x Opportunity Capitalizing on his market insights, Mahmudov co-founded Adaptive Capital in 2019 alongside several colleagues. The fund initially outperformed expectations, leveraging a formula that seemed to consistently beat the market. However, the unforeseen global COVID-19 pandemic in 2020 dramatically shifted the economic landscape. With significant long positions in Bitcoin, Adaptive Capital faced catastrophic losses as exchanges experienced outages during critical trading periods. The fund ultimately closed, returning the remaining capital to investors after sustaining a 55% loss. This pivotal moment prompted Mahmudov to reassess his investment strategies. Taking a hiatus from active trading, he re-emerged in June 2022 with a renewed perspective on the crypto market. The Memecoin Supercycle Recognizing emerging trends, Mahmudov shifted his focus to memecoins. He introduced the concept of the “Memecoin Supercycle,” positing that these tokens represent the next significant growth opportunity in the crypto market. Related Reading: RIP Altcoin Seasons? Crypto Analyst Debates Whether They\u2019ll Ever Return In a viral post on September 12, Mahmudov unveiled his top ten high-conviction memecoin investments, complete with ambitious long-term market capitalization targets. Among them were tokens like SPX6900 SSPX on Ethereum, which he believes could reach a $100 billion market cap, asserting it as the “number one movement coin in the world” with a mission to “flip the stock market.” His predictions were met with skepticism, with some labeling him as overly optimistic. However, his conviction remains unshaken. “I’ve spent the last 10 weeks locked in my room doing nothing but studying Memecoins, silently hanging out in their groupchats, simply observing and studying their lore to develop conviction on my Top 10 long-term Memecoin plays. I will be sharing all 10 over the next 10 days,” he writes. Mahmudov’s insights gained significant traction following his recent presentation at Token2049. According to\u00a0Mechanism Capital\u2019s Andrew Kang his talk at Token2049 “catalyzed the next wave of capital reallocation into memecoins.” Crypto analyst Miles Deutscher summarized the key points of Mahmudov’s speech, noting the exceptional performance of memecoins in the current market cycle. Mahmudov emphasized that “assets will no longer move up in unison,” highlighting the distinct outperformance of memecoins compared to traditional altcoins. Murad’s recent speech at TOKEN2049 has ignited a memecoin frenzy. It will change your ENTIRE outlook on crypto (and could net you huge gains). If you haven’t watched it yet, you NEED to read this thread. \ud83e\uddf5: Breaking down @MustStopMurad‘s memecoin theory.\ud83d\udc47 \u2014 Miles Deutscher (@milesdeutscher) October 8, 2024 He argued that memecoins fulfill retail investors’ desires for community, identity, and excitement\u2014elements often missing from utility-focused altcoins. “Memecoins as a superior version of altcoins,” Mahmudov asserted. \u201cMemecoins are outpacing altcoins by delivering what retail actually craves: community, identity, and excitement, not just potential gains. It\u2019s not just speculation, it\u2019s culture, Deutscher explained. At press time, leading Solana based memecoin WIF traded at $2.52, up 75% in the last three weeks. Featured image created with DALL.E, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":647101,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,14690,1557,93182,88164,93181,19370],"class_list":["post-647080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-crypto-news","tag-cryptocurrencies","tag-memecoin-supercycle","tag-memecoins","tag-murad","tag-murad-mahmudov"],"acf":[],"yoast_head":"\nCrypto Whale Turns $2 Into Over $100 Million: Here's How<\/title>\n<meta name=\"description\" content=\"Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Whale Turns $2 Into Over $100 Million: Here's How\" \/>\n<meta property=\"og:description\" content=\"Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-09T15:00:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-09T08:54:56+00:00\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It\",\"datePublished\":\"2024-10-09T15:00:44+00:00\",\"dateModified\":\"2024-10-09T08:54:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\"},\"wordCount\":755,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024\",\"keywords\":[\"altcoins\",\"crypto\",\"crypto news\",\"cryptocurrencies\",\"Memecoin Supercycle\",\"memecoins\",\"Murad\",\"Murad Mahmudov\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\",\"url\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\",\"name\":\"Crypto Whale Turns $2 Into Over $100 Million: Here's How\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024\",\"datePublished\":\"2024-10-09T15:00:44+00:00\",\"dateModified\":\"2024-10-09T08:54:56+00:00\",\"description\":\"Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"crypto whale Murad Mahmudov memecoins\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/wncen.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Whale Turns $2 Into Over $100 Million: Here's How","description":"Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Whale Turns $2 Into Over $100 Million: Here's How","og_description":"Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts.","og_url":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-10-09T15:00:44+00:00","article_modified_time":"2024-10-09T08:54:56+00:00","author":"Jake Simmons","twitter_card":"summary_large_image","twitter_image":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It","datePublished":"2024-10-09T15:00:44+00:00","dateModified":"2024-10-09T08:54:56+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/"},"wordCount":755,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024","keywords":["altcoins","crypto","crypto news","cryptocurrencies","Memecoin Supercycle","memecoins","Murad","Murad Mahmudov"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/","url":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/","name":"Crypto Whale Turns $2 Into Over $100 Million: Here's How","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024","datePublished":"2024-10-09T15:00:44+00:00","dateModified":"2024-10-09T08:54:56+00:00","description":"Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024","width":1792,"height":1024,"caption":"crypto whale Murad Mahmudov memecoins"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/wncen.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It","url":"http:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/crypto-whale-turns-2-into-over-100-million\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","crypto","crypto news","cryptocurrencies","memecoin supercycle","memecoins","murad","murad mahmudov"],"dateCreated":"2024-10-09T15:00:44Z","datePublished":"2024-10-09T15:00:44Z","dateModified":"2024-10-09T15:00:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-whale-turns-2-into-over-100-million\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-whale-turns-2-into-over-100-million\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/DALL\\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/DALL\\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"crypto\",\"crypto news\",\"cryptocurrencies\",\"memecoin supercycle\",\"memecoins\",\"murad\",\"murad mahmudov\"],\"dateCreated\":\"2024-10-09T15:00:44Z\",\"datePublished\":\"2024-10-09T15:00:44Z\",\"dateModified\":\"2024-10-09T15:00:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/DALL\u00b7E-2024-10-09-10.52.56-A-striking-image-of-a-crypto-whale-depicted-as-a-colossal-whale-made-of-glowing-digital-lines-and-circuits-leaping-out-of-a-sea-filled-with-digital-.png?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/647080"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=647080"}],"version-history":[{"count":4,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/647080\/revisions"}],"predecessor-version":[{"id":647104,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/647080\/revisions\/647104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/647101"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=647080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=647080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=647080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}