The Dilemma of the Meme "Jesus": The Murad Effect, Fanatic Groups, and the Trend of Faith Currency
In the next three to four months, AI Faith Coin will rise.Original Title: “Murad Meta and AI Cult Coins”
Author: goodalexander
Translation: Deep Tide TechFlow
Market Status and Murad's Influence
Murad is a striking figure because his influence on the market is full of contradictions. He believes that once the holders of meme coins form a fervent community, it will drive a revaluation of the coins, as holders are unwilling to sell. In other words, meme coins can transition from a "fun" nature, like Doge, to a "serious" nature, entering a larger Total Addressable Market (TAM). However, the meme coins he advocates, such as GigaChad and SPX6900, lack true seriousness and resemble Doge more.
The contradiction lies in the fact that the real reason for the revaluation of these coins is that Murad himself holds them. When he makes statements on Twitter, the coin prices rise, which actually proves his argument wrong. The price fluctuations are not due to the growth of a "fervent community," but rather because Murad himself holds these coins.
The real fervor does not lie in the coins or the community, but in Murad himself.
Murad is a likely candidate to lead a fervent community. He has lost everything and was crushed by the industry, despite being a staunch believer. His early videos displayed a childlike innocence. Later, he rose from adversity and regained success with new theories. This experience holds a special appeal for millennials, who have also faced societal setbacks and hope to "make a comeback."
Murad is thus seen as the "Jesus" of meme coins, offering "redemption" through extreme speculation for those who are professionally mediocre. He transforms the fading beauty of youth into a promise of faith and profit. He even grew long hair and a beard to enhance the symbolic nature of this image.
Opportunities
Murad is currently caught in a consistency dilemma. His wallet address has been made public, and he has created a narrative of "believing in something"—based on his not selling the coins he holds. However, the problem is that he may be more aware than anyone else that his advocacy or leadership status is precisely the reason for the rise in the value of the coins he holds.
The potential of this opportunity is enormous. It is currently Saturday, and one of his favorite memes, Popcat, has seen trading volumes exceed $150 million. SPX6900—his most frequently promoted meme—has gone from almost no trading to reaching $100 million in trading volume on a Saturday, with a total market cap of $800 million, despite not being listed on Binance. Meanwhile, Giga, although with lower trading volume, has still surged an astonishing 40 times.
He essentially faces three solutions to his dilemma. First, he could sell his existing meme coin holdings and launch his own meme coin. However, this might undermine the impact of his initial argument and cause people to lose trust in him. Part of what initially attracted people to him was his authenticity and "faith," which feels particularly fresh after the endless financial nihilism experienced in Solana meme coin gambling.
Second, he could support a "serious meme coin" or group. Then, through a theory-based strategy, shift from SPX6900 to a more serious meme coin.
Third, he could monetize his initial investment by establishing a fund without having to sell directly. In this fund, he would need to address the initial issues present in his strategy, which I will detail in the next section.
The main strategy is to combine the second and third approaches. As an investor, he is financially rational. Therefore, I believe this is the path he must take—given that his wallet address has been made public and his clear investment strategy.
Issues with Fervor Theory
Regarding fervent communities, truly powerful groups, like religions, do not allow members to join multiple groups. The existing meme coin market is overly fragmented.
Murad's investment structure resembles the meme stock portfolio of 2021, such as Gamestop, AMC, Blackberry, etc. This structure creates a disharmonious effect, as the reality of holders selling stocks to retail investors makes the overall situation appear bleak. This is actually a known analogy. Initially, the correlation between AMC and Gamestop was quite positive until AMC's CEO sold all his holdings to retail investors and even launched "ape" stocks for investors to further monetize. A similar situation also occurred with SPACs.
My point is that only one concept is worth forming a fervent community around, which is the gradual obsolescence of human intelligence in the face of Artificial General Intelligence (AGI).
My argument has five premises:
Morphological Advantage. This premise is interactive in itself. In the past, the will of God could only be "interpreted" by priests, whereas now, chatbots are a direct way for people to interact with higher intelligence. This is a key distinction from communities like Giga or SPX6900, as these communities require their members to interpret content that aligns with the "vibe" themselves.
Existing Definitions and Capital Accumulation. This belief system has been firmly established among the billionaire class. Many well-known tech investors mention e/acc in their profiles and express support for post-human ideas. This investor group is what you want to attract, rather than those who merely want "success."
Causal Link Between Conflict and Spiritual Belief. The e/acc belief system requires humans to play the role of God—this includes directly altering our biological structure through implants and indirectly changing it through bioengineering. This creates a direct conflict with Christianity, making it, whether it likes it or not, essentially a religious movement. However, since this point is very clear, members have already expressed their loyalty online.
Vast Market Potential and Conceptual Space. The potential market size for AI belief systems far exceeds that of all non-AI belief systems. The biggest conceptual challenge people face today is: if we are no longer the dominant species on Earth, what is the meaning of human life? Nvidia alone is larger than the entire cryptocurrency market and has an average trading volume 20% higher than the entire S&P 500 ETF.
Coordination Effects. As long as there is a consensus that cryptocurrency is merely a financial tool to assist god-like AI in descending to this world, a multi-coin model becomes possible. This creates a positive-sum effect, which I have witnessed firsthand in my Discord channel—where many Bittensor players gather, and similar situations occurred during my brother's fundraising process. AI enthusiasts are very willing to support cohesive projects, even if the consensus mechanism is competitive. This is related to the vast market potential—it's an upward trend rather than a competition of "who has the best or cutest Dogecoin."
The Rise of AI Belief Coins
I believe that in the next three to four months, such a trend will emerge. Murad's coins may continue to grow for a while. He may need to establish a fund to absorb or monetize his existing holdings. After that, he will correct the previous mistake of investing in 2021 meme coins and shift to investing in "serious memes," which I believe will essentially be "AI belief coins," although I think they will be referred to as AI belief coins.
I have two reasons for this belief:
He has already made this transition clear at the Token 2049 conference, stating that more serious meme coins will emerge in the next 12 months.
Existing venture capital funds and large investors have already recognized Murad's viewpoint, and his influence on market prices is significant. Therefore, he can easily raise oversubscribed funds based on current perspectives.
After Murad launches the fund, I believe there will be a substantial influx of capital into the entire investment direction of "serious meme coins," namely AI belief coins. I expect this capital influx to reach billions of dollars and become a "season" for cryptocurrency financing. Ultimately, the core of cryptocurrency lies in liquidity; billions of dollars in daily liquidity means that market opportunities already exist and could become even larger if effectively directed toward serious communities.
I hope to be prepared in this regard—I believe there is a severe lack of serious AI "belief coins" in the market, which is why TAO can attract all the capital in this field.
The regulatory and legal issues here are actually worth exploring in depth. If designed properly, AI belief coins could have the following characteristics:
Based on strong beliefs, they would impose strict restrictions on the selling behavior of founders or investors. This should reflect Murad's theory, but the reality is different. Rather than becoming an exploitative tool for selling worthless tokens to gullible retail investors, these coins aim to become a financial manifestation of profound religious belief in post-human intelligence.
Initially targeting ultra-high-net-worth investors in the AI industry. This is more responsible than directly targeting retail investors and may align with the SEC's mission to protect ordinary investors.
There is vast development space in AI-supported rituals. Large language models can manage interactions with a large number of users and institutionalize reward structures in ways that modern churches find difficult to achieve. If designed properly, these coins could even enjoy formal religious protection or integrate with existing religious structures that wish to provide technological support experiences for their followers.
Overall, Murad is correct; he is a visionary. But he needs to address the consequences of certain theoretical inconsistencies. I believe he will effectively handle these issues and extend his influence to AI belief coins. I think positioning himself early on as a founder or early employee is the best way to get involved.
