Arthur Hayes pointed to meme coins: he gave 3 altcoins

Famous investor Arthur Hayes stated that he expects a rise in meme coins again. Pointing to 3 meme coins in particular, Hayes said that the elections in Japan may also have a close effect on cryptocurrencies.

Arthur Hayes, who is one of the names that made a sound in the crypto world with his blog posts, said that he was waiting for an exit in meme coins again. Hayes, who gave 3 meme coins from his X account, which has more than 500 thousand followers, wrote that he thought that the Japanese choices would also affect cryptocurrencies.

Stating that he expects a rise for MOG, which is the new meme coin he bought at night, Hayes said the following in his morning tweet:

“The rise period has come in meme coins. I stand behind my thoughts for MOTHER and MOG. I can't ignore PEPE either. I expect a rise in these.”

“Crypto wants Takaichi”

Evaluating the election within the Liberal Democratic Party (LDP) in Japan, which he goes to and closely follows from time to time, Hayes said, “If the crypto world had the right to choose, Sanae would choose Takaichi. Someone who wants a weak yen and money printing policy..." he said.

As it will be remembered, Prime Minister Fumio Kishida in Japan decided to resign in August with some scandals within the party.

Yen depreciated against the dollar

According to the information given by Reuters, Sanae Takaichi, whom Hayes said "It would be good", lost the war within the LDP. Instead, former defense minister Shigeru Ishiba won this party election and became prime minister.

After the election results, the yen lost value against the dollar.