[Arthur Hayes predicts a cryptocurrency bull market, saying that “new things” will appear in the digital asset market]
BitMEX founder Arthur Hayes analyzes the next wave of cryptocurrency bull market trends.
In an interview on the Blockworks Macro YouTube channel, Hayes pointed out that new crypto concepts are always emerging and may shape future market developments.
“New concepts are always emerging. The last wave was first-layer blockchains that claimed to surpass the speed of Ethereum, such as Solana and Avalanche. These projects had surged in 2021, but now people question that they have not made much progress, and expectations They won't hit new highs again. I like Bitcoin as the pioneer, followed by Ethereum, and then others. Maelstrom has been involved in all major moves. We look to invest in high-quality infrastructure and low-efficiency tokens, just to Make money. The next changes will definitely be brand new scripts and stories."
Hayes once believed that artificial intelligence (AI) would drive "the most epic bull market ever." But Maelstrom’s chief investment officer believes other stories such as gaming, mining, decentralized storage and more will also play a role in the next wave of cryptocurrency bull markets. Hayes warned that most tokens will "get hit" at the end of a speculative bubble.
"I have discussed the crypto narrative of AI and also hold shares in Filecoin and mining companies. In the future, it may focus on specific Web3 games or specific social graph applications. But before the market ends, people will look at new users and new wallets Volume, the price of these tokens will rise before being pressured. Because it’s not easy to change people’s habits. So, the next wave of trends will indeed be similar to the last wave, but the game changers will be different.”
