Arthur Hayes hints at entering meme coin trades after Bitcoin holds strong.
MOTHER, a Solana-based token, is part of the discussion.
Dogecoin has surged by over 4.05%, while SHIB has registered an over 8% gain
Arthur Hayes, co-founder of BitMEX, has stirred up excitement in the crypto community by suggesting that now is the prime time to buy more meme coins. His comments come after acknowledging that the Japanese yen (JPY) did not weaken as expected, and Bitcoin held up well over the weekend.
“I was wrong about JPY weakening. BTC held up well over the weekend,” Hayes posted earlier this morning. While he acknowledged his wrong prediction, he gave a hint of his next move in crypto. “Time to trade some dogshit meme coins,” he mentioned.
.@IGGYAZALEA can you be my $MOTHER?
I was wrong $JPY weakening, $BTC held up well over the weekend. LFG, and let the good times roll.
Time to trade some dogshit meme coins.
— Arthur Hayes (@CryptoHayes) September 23, 2024
MOTHER Token Catches Hayes’ Eye
Among the meme coins catching Hayes’ attention is MOTHER, a token built on the Solana blockchain. The MOTHER token, tied to the music industry and created by rapper…
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