Renowned on-chain investigator ZachXBT is in the spotlight again, revealing the wallets of popular memecoin promoter Murad Mahmudov.
Public Disclosure
ZachXBT shared details of 11 wallets allegedly linked to Murad Mahmudov, holding around $24 million worth of memecoins. The goal was to enable the community to monitor Mahmudov's future activities and ensure transparency around his bold predictions regarding micro-cap memecoins, which he actively promotes.
Community Response
This revelation has ignited heated debates across Crypto Twitter. Some praised ZachXBT for bringing light to memecoin promoters, while others condemned the move as a form of doxxing. Critics argue that revealing wallet addresses could potentially put Mahmudov at risk, despite blockchain transparency being a cornerstone of the crypto industry.
Future of Memecoins
Murad Mahmudov, a former Bitcoin fund manager, has recently drawn attention by promoting a 'Meme Coin Supercycle.' He predicts that memecoins, often driven by communities, will dominate the crypto landscape in the coming years. Despite criticism, Mahmudov remains confident in his predictions, with plans for a partial exit from late 2025 to early 2026, but no intention to leave the space.
As debates continue, it's clear that both ZachXBT and Mahmudov have become central figures in the ongoing discourse about balancing transparency and ethics in the crypto industry.