Arthur Hayes is buying #PEPE.

Today, September 27, the BitMEX founder announced plans to invest in memecoins. Three coins caught the trader's attention: MOTHER from singer Iggy Azalea, Mog Coin (MOG), and #PEPE. .

According to Spot On Chain, Hayes bought 24.39 billion PEPE worth $252,000. Such large transactions made by well-known personalities in the crypto community usually quickly attract attention. In addition, they also affect the mood among traders.