Arthur Hayes Dives into Memecoins with a $250K PEPE Splash
Arthur Hayes, co-founder of BitMEX, just made waves in the crypto world. For the first time, he purchased 24.39 billion PEPE tokens worth $252,000, converting $250,000 USDC through Binance. The transaction took place from the wallet address 0x6cd66dbdfe289ab83d7311b668ada83a12447e21.
But that's not all. In a recent post on X, Hayes voiced his support for a trio of meme tokens—PEPE, MOTHER, and MOG—hinting at a growing interest in the memecoin market. This bold move shows that even industry titans aren’t immune to the appeal of the meme coin craze.