Co-founder of the BitMEX exchange Arthur Hayes expressed optimism regarding memcoins:
It’s time for a memecoin breakout. I respect my $MOTHERI $MOG like no one else, but I can’t neglect $PEPE.
Yachtzee Bitches!😘😘😘😘😘😘
— Arthur Hayes (@CryptoHayes) September 27, 2024
The crypto expert mentioned a number of assets, including MOTHER and PEPE. He also announced investments in MOG memcoin.
According to Lookonchain, on September 27, 2024, Arthur Hayes purchased 24.39 billion Pepe Coin (PEPE) for approximately $250,000, and then withdrew them from the Binance crypto exchange.
Arthur Hayes(@CryptoHayes) is calling for #MEMEcoins $MOTHER, $MOG and $PEPE!
On-chain data shows that he withdrew 24.39B $PEPE($252.68K) from #Binance 20 minutes ago.
Address:
0x6cd66dbdfe289ab83d7311b668ada83a12447e21 pic.twitter.com/MC9ZPF2Eg4— Lookonchain (@lookonchain) September 27, 2024
The asset reacted with growth to this news. Over the course of a day, the price of PEPE soared by more than 11%. At the time of publication, memcoin is trading around $0.00001057.
In May 2024, the PEPE memcoin entered the top 20 crypto assets by market capitalization.
According to the platform Arkham Intelligenceover the past few days, Arthur Hayes has also purchased Aethir project tokens. He holds 116.66 million ATH for a total of $7.71 million.
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Source: Cryptocurrency
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