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Murad: Welcome to the Meme Coin Supercycle

BlockBeats News, January 18th, Meme Coin KOL Murad posted on social media, stating, "Welcome to the Meme Coin Supercycle."

Murad had previously stated that DOGE's market cap surged by $30 billion in a single day, further confirming the existence of the "Meme Supercycle."

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Murad: "Meme coins are experiencing continuous growth on the Solana and Ethereum networks, and we are currently in the early stages of a Meme coin supercycle."

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Murad: "Meme coins are a litmus test. To see them as jokes and funny pictures is to fail. To understand them as unstoppable tokens of community is the true insight."

On-Chain Activity

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Kalshi is in talks for a new funding round at a $65 billion valuation.

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Murad: Welcome to the Meme Coin Supercycle

Abraxas Capital's $393 million short position now shows a floating profit of $63.49 million.

Pando Rings hacker purchased 7,548 ETH and transferred 4,000 ETH to Tornado Cash.

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A whale suffered 4 BTC long liquidations within 33 minutes, with cumulative losses of $972,700.