🚀 PEPE Jumps Nearly 20% as Arthur Hayes Bets Big on Meme Coins!
In a bold move that has the crypto world buzzing, Arthur Hayes, founder of BitMEX, is back in the spotlight with his latest investments. After a successful year with PENDLE, Hayes is pivoting his strategy towards meme coins and decentralized physical infrastructure networks (DePin), and it’s paying off!
Major Purchase Alert: 24.39 Billion $PEPE Tokens!
On Friday, during the Asian trading hours, Hayes made headlines by announcing his intention to dive into the meme coin market. He specifically highlighted his interest in PEPE, along with Iggy Azalea’s MOTHER and the cat-themed #MOG coin.
Hayes tweeted, “It’s time for a memecoin breakout. I respect my MOTHER, I MOG like no one else, but I can’t neglect #PEPE.”
According to Spotonchain, Hayes acquired a staggering 24.39 billion PEPE tokens, valued at $252,000. This significant transaction is bound to capture the attention of traders and analysts alike, as moves from influential figures can greatly sway market sentiment.
PEPE Price Surge
Thanks to Hayes’ bullish stance, the price of PEPE has surged by over 18%, currently trading at $0.00001069. This uptick is part of a broader trend, as other meme coins like DOGE, SHIB, WIF, FLOKI, and BONK are also experiencing notable gains.
What This Means for the Market
Hayes’ shift from PENDLE to meme coins signals a strategic response to current market dynamics. With an eye on the growing popularity of meme coins, his investment could ignite further interest in this sector, potentially leading to more volatility and excitement.
Don’t Miss Out!
As meme coins continue to capture attention, now might be the perfect time to explore these vibrant assets. Keep an eye on the market, and who knows—your next investment could be a meme coin that takes off!
