đČ#ArthurHayes Lost Around $47,000 Due to the Drop in Meme Token PricesđČ
Former #BITMEX CEO Arthur Hayes, who recently expressed optimism about the potential of meme coins, has incurred an unrealized loss of $47,000 after trading two #tokens .
On September 27, he invested $503,000 to purchase 24.39 billion $PEPE ($230,000) and 167.5 billion MOG ($223,000). Since then, the combined value of these #Memecoinsđ€đ€ in his account has dropped to $460,000. As a result, if he were to sell the tokens now, his loss would amount to $47,000.
