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[BUSINESS] · 2 sources

Meme‑coin promoter Murad's $56M loss underscores crypto market volatility

Former Adaptive Capital co‑founder Murad continues to hold a publicly disclosed basket of meme‑coins despite an 83.5% plunge in its value, falling from a peak of $67 million in July to roughly $11 million. The on‑chain data shows no liquidation, reflecting a steadfast, albeit costly, conviction in assets that have lost liquidity and institutional backing.

At the same time, Nassim Nicholas Taleb’s reminder that “it is good to survive as time goes by” is resonating with crypto traders facing sudden liquidations and narrative‑driven rallies. Taleb’s focus on tail‑risk hedging and antifragility highlights the importance of preserving capital in a market where volatility can erase months of gains in days. Both Murad’s stark portfolio drawdown and Taleb’s risk‑averse philosophy illustrate the growing emphasis on survival over short‑term upside in the cryptocurrency space.