Why is Arthur Hayes turning to the memecoin category?

In his post, BitMEX co-founder X explained that a portfolio of memecoins was created, considering that October, which is on the rise regionally, is approaching 'Uptober'. Previously, #ArthurHayes suggested that these coins could be traded since Bitcoin is at a good price.

Hayes thinks that coins in this area will continue to rise, as the current outlook in the market is an increase towards October. The crypto expert, who has come to the fore with his recent analyses, stated his favorite altcoins in X.

According to Hayes, he thinks that Solana's popular projects, MOTHER and #MOG , may stand out. SpotOnChain data shows that the crypto analyst currently owns 24 billion PEPE. The other coins seem to be held in an undetermined budget.

In another X post, Hayes announced that he also purchased Smoking Chicken Fish (SCF). In the meantime, he hinted at buying Ponke (#PONKE ). The famous analyst's next villages are eagerly awaited.

Arthur Hayes focused on the memecoin category with the rise of the market.

BitMEX cryptocurrency exchange co-founder Arthur Hayes continued to collect memecoins last week. The cryptocurrency founder asked his followers to recommend coins they could buy, and announced that a portfolio was created before Uptober (last October with the rise). Hayes bought memecoins on Solana, but Ethereum-based memecoin Pepe ($PEPE ) was his favorite.

#memecoins #binance