Arthur Hayes Says Trump Coin Will Lead Bitcoin If Market Sentiment Turns Favorable, Calls Memecoin ‘Purest And Most Honest Popularity Metric’
Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, predicted Thursday that a positive shift in the cryptocurrency market sentiment could propel Official Trump (CRYPTO: TRUMP) ahead of Bitcoin (CRYPTO: BTC).
What Happened: In a blog post, Hayes wrote, “If some policy that those in the political know believe will positively impact crypto, TRUMP will surge well before the positive news is announced, and then Bitcoin will follow.”
Hayes emphasized that the TRUMP coin could represent President Donald Trump’s macroeconomic and monetary policies. “Therefore, I have TRUMP prominently featured on my cryptocurrency watchlist,” he added.
Hayes called political memecoins the “purest and most honest …
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