Arthur Hayes Considers Meme Coin Investments after Bitcoin's Stability
Arthur Hayes, co-founder of BitMEX, has suggested that the recent stability of Bitcoin presents an opportunity to invest in meme coins. This statement came after acknowledging that the Japanese yen did not weaken as anticipated and Bitcoin performed strongly over the weekend.
"I was incorrect about JPY weakening; BTC remained stable over the weekend," Hayes remarked. Despite his previous prediction error, he hinted at a potential shift in his crypto strategy. "It's time to experiment with some meme coins," he noted.
MOTHER Token Garners Hayes' Attention
Among the meme coins that have caught Hayes' eye is MOTHER, a token built on the Solana blockchain. MOTHER is associated with the music business and was created by rapper .