Subtitle: Meme coin Smoking Chicken Fish (SCF) sees 4% price increase after popular purchase.

GMGN data reveals that former BitMEX CEO Arthur Hayes bought meme coin Smoking Chicken Fish (SCF) on social media once again. This initiated an instant 4 percent increase in SCF’s value; however, the measures viewed a sharp drop within minutes, as per sources.

Currently, the cryptocurrency measures just $0.0538, a significant decline from the administered $0.055 price tag. Observers believe this may likely serve as a forward indicator of the market’s fluctuations under similar circumstances.

Moreover, these memorable noteworthy news align with BlockBeats’ warning stating, “The price of Meme coins, like SCF, fluctuates greatly and holds no actual value. Accordingly, investors should be mindful when participating in such unsure and volatile investments.” NP.

<p>The post “Arthur Hayes Buys Meme Currency Smoking Chicken Fish (SCF): Price first appeared on CoinBuzzFeed.</p>