Murad, a notable figure in the meme coin community, stated that the true bull market has not started yet and the current phase is an accumulation.
Murad's Accumulation Assertion
On June 3, 2025, Murad announced that the true bullish phase in the meme coin market has yet to begin. He emphasized that what investors are witnessing now is merely a preparation phase for a more significant bull market. Murad stated, 'The real bull market has not yet begun, what you are seeing now is still just the accumulation phase.'
Meme Coin Market Influenced by Murad
Murad's assertion led to increased interest in meme coins like SPX, APU, and MINI. These tokens, propelled by Murad’s endorsements, attracted both retail and institutional attention. Trading volumes have shown growth on platforms like Binance Square. Community feedback has varied, with many supporters anticipating a bull run, while other analysts caution that the current sideways movement is a common feature of accumulation phases.
Historical Trends and Potential Meme Coin Rally
CoinMarketCap analysis indicates that SPX6900 is currently priced at $1.09 with a market cap of $1.02 billion. Trading volume has shown a 59.98% increase over 24 hours, while prices have fluctuated by up to 126.05% in the last 90 days. It is noteworthy that Murad's previous 'accumulation phase' calls often led to short-term price pumps for meme coins, capturing retail attention prior to broader market rallies.
Murad's claims about the accumulation phase of meme coins are generating growing investor interest and could herald potential future market rallies.
