The price of Deep Worm has increased by almost 180%, reviving the interest of investors in the meme coin sector. This huge increase has revived the interest in meme coins, and the bold predictions about WORM, especially made by BitMEX co-founder Arthur Hayes, have created a positive atmosphere for the asset’s rally. Hayes’ latest comments have further reinforced the already optimistic mood in the crypto market.
Altcoin Price On The Rise
Deep Worm’s rapid price appreciation reflects the growing interest in the meme coin world, which is typically driven by community support and speculative investments. WORM’s performance continues to reflect investors’ interest in high-risk-high-reward strategies despite market volatility, and this is in line with a broader crypto trend. Arthur Hayes, known for his outspokenness in the crypto world, shared an exciting post about WORM on the X platform. Hayes described WORM as a “DeSci (Decentralized Science) project with dubious benefits,” but noted that the token could gain significant value. “Are you ready to go to the moon? $WORM is going to a billion,” he said. The comment marked a sudden shift from Hayes’ previous cautious approach and has created a confidence-boosting effect in the crypto market.
The rise in WORM’s price coincides with a momentum that ties into the broader crypto rally that began following Donald Trump’s election victory, as investors speculate about regulatory changes that could accelerate the sector’s growth.
WORM Price Increased by 180 Percent
According to CoinGecko data, the Deep Worm (WORM) price increased by 180% today to $ 0.0882. The token’s 24-hour trading volume reached $ 40.91 million. However, at the time of writing, the WORM price was trading at $ 0.06767 with a slight correction. While the market expects the rally to continue, experts are increasingly showing interest in this asset. Comments from popular names such as Hayes’ support are often an important factor influencing market sentiment in the crypto market. Previously, Hayes supported Solana’s meme coin Goatseus Maximus, after which the GOAT price recorded a major rally. In this context, Hayes’ recent excitement about WORM signals a change in the meme coin sector and encourages investors to invest more in this asset.
Moreover, the interest in meme coins is strengthening with the rise of prominent players in the sector. Donald Trump’s US election victory, along with the expectation of pro-crypto policies and a clear regulatory framework, is further reinforcing the rally in the overall crypto market. These developments continue to drive investors to take more risks and meme coin projects.