Famous investor #ArthurHayes stated that he expects another rise in meme coins. Hayes, who particularly pointed out 3 meme coins, said that the elections in Japan could also be clearly affected by cryptocurrencies.
Arthur Hayes, one of the names that made a splash in the crypto world with his blog posts, said that he expects another rise in meme coins. Hayes, who gave 3 meme coins from his X account with more than 500 thousand followers, wrote that the Japanese elections could also affect cryptocurrencies.
Hayes, who continued his rise for the newly purchased meme coin #MOG at night, said the following in his tweet in the morning: âIt came during the rise of meme coins. I stand by my follow-up for #MOTHER and MOG. I cannot ignore #PEPE either. I expect a decline in these.â âCrypto wants Takaichiâ Evaluating the elections within the Liberal Democratic Party (LDP) in Japan, which he visits from time to time and follows closely, Hayes said, âIf he had the right to choose in the crypto world, he would choose Sanae Takaichi. Someone who wants a weak yen and a money printing policyâŠâ
As it will be remembered, Japan's Prime Minister Fumio Kishida decided to resign in August after some scandals within the party were revealed.
Yen loses value against the dollar According to Reuters, Sanae Takaichi, who Hayes said "It would be good", lost the physical battle of the LDP. Instead, former defense minister Shigeru Ishiba won this party election and became prime minister.
Following the election results, the value of the yen and the dollar fell.
