Deep Tide TechFlow News, BitMEX co-founder Arthur Hayes and Real Vision CEO Raoul Pal discussed the potential of Dogecoin ETF in Coin Bureau’s latest YouTube podcast. Hayes predicts that Dogecoin may launch an ETF before the end of this cycle, based on its significant growth rate over the years and its advantage as the oldest meme coin. Dogecoin's current market value has reached US$19.7 billion, making it the world's largest meme currency.
Pal agreed with Hayes and revealed that he had discussed the possibility of a Dogecoin ETF with the CEO of VanEck. He believes that Dogecoin has outperformed Bitcoin in every bull market cycle, further consolidating its importance.
In terms of investment strategy, Pal said that 90% of his investments are concentrated in Solana (SOL), while Hayes holds a diversified portfolio of meme coins including Bonk (BONK), Dogwifhat (WIF) and Dogecoin. Hayes advises investors to "hold, don't sell, don't be scared, and don't use too much leverage" in 2024.
