SPX Price Drops 35%: Murad Predicts $1,000 Rally Amid Strong Accumulation  

The SPX price drop of 35% from $2.15 to $1.36 in September 2025 has impacted investor Murad's portfolio, reducing it from $67 million to $42.8 million, yet he remains bullish, predicting SPX could reach $1,000. Despite the decline, on-chain data shows strong accumulation, with exchange supply at a one-year low and holders exceeding 2 million. This article explores the SPX price drop, Murad's predictions, portfolio details, market data, and implications for the $3.5 trillion cryptocurrency market, highlighting meme coin resilience.

SPX Price Drop Overview

The SPX price drop has been significant, with SPX6900 (SPX), a Solana-based meme coin, falling 35% from its late August peak of $2.15 to $1.36 in September 2025. This correction contrasts with Solana's broader recovery and the altcoin market cap hitting $1.15 trillion. The SPX price drop reflects meme coin volatility, but underlying metrics suggest it's a temporary pullback amid accumulation trends.

• Current price: $1.36.
• Peak: $2.15 in late August.
• Market contrast: Altcoins at $1.15T high.

Murad's Portfolio Impact and Predictions

The SPX price drop heavily affected Murad's portfolio, which is 97% allocated to SPX, dropping from $67 million to $42.8 million. He holds nearly 30 million SPX tokens and has not sold any this year, even at prices above $2. Despite the decline, Murad predicts SPX could hit $1,000, valuing his holdings at over $30 billion and potentially ranking him among the world's top 100 richest. He draws parallels to his 2018 BTC $1,000,000 call, now mainstream consensus.

• Portfolio value: $42.8M (down from $67M).
• Holdings: 30M SPX tokens.
• Prediction: SPX to $1,000+.

Meme Coin Portfolio and Accumulation Signals

Murad's meme coin portfolio is dominated by SPX, emphasizing his focus on high-conviction plays. Santiment data shows strong accumulation despite the SPX price drop: exchange supply hit a one-year low, with nearly 60 million tokens leaving exchanges since June. Holder growth reached an all-time high above 2 million, indicating retail and whale interest. This contrasts with Shiba Inu (SHIB)'s $7.7 billion market cap, suggesting SPX has room for growth if patterns hold.

• Exchange supply: One-year low.
• Holders: Over 2 million ATH.
• Comparison: SHIB at $7.7B cap.

Market Data and Sentiment

Santiment metrics reveal the SPX price drop hasn't deterred accumulation, with declining exchange reserves signaling reduced selling pressure. Murad's steadfast holding and bold predictions reflect optimistic sentiment in the meme coin sector. In the $3.5 trillion cryptocurrency market, this underscores meme coins' resilience, potentially following SHIB's trajectory with strong community and data support.

• Santiment: Declining reserves, growing holders.
• Sentiment: Bullish despite drop.
• Market cap: SPX at $1.2B.

Implications for Crypto Investors

The SPX price drop highlights meme coin risks but also opportunities in accumulation phases. Murad's $1,000 prediction, if realized, could inspire similar rallies in undervalued tokens. Investors should monitor exchange flows and holder metrics for early signals. In a $3.5 trillion market, such patterns emphasize data-driven strategies over hype.

• Risks: Volatility in meme coins.
• Opportunities: Accumulation for long-term gains.
• Strategy: Track on-chain data.

Summary

The SPX price drop of 35% to $1.36 in September 2025 reduced Murad's portfolio to $42.8 million, but strong accumulation—exchange supply lows and 2 million+ holders—signals resilience. Murad predicts $1,000, drawing BTC parallels. In a $3.5 trillion market, this underscores meme coin potential. For actionable tips, monitor Santiment for SPX trends and diversify across holders. Explore similar accumulation plays for portfolio balance.