BitMex co-founder now supports Dogecoin ($Doge) & 1 other Cryptocurrency as a best investment
Arthur Hayes shared two cryptocurrencies that were added to his portfolio recently.
On 19 June 2024, Arthur Hayes, the co-founder of the local bitcoin trading platform BitMEX, said that the current price action of two cryptocurrencies, namely $PENDLE and $DOGE, indicated potential of these assets while their prices are in a choppy or downward trend.
In this way, Arthur showed his full support for these two big cryptocurrencies.
It is worth noting that $Pendle Cryptocurrency is not a meme token, while Dogecoin is a much-loved popular meme token supported by the world’s richest person Elon Musk.
Because of Arthur’s tweet for $Pendle, the trade price surged 10%+ within 24 hours.
The current trade price of the $Pendle coin is $5.639 & this trade price is 7.9% high.
Pendle is a decentralised finance (DeFi) project focused on enabling the trading of tokenized future yield on various assets. It allows users to tokenize their future yield, effectively separating it from the underlying asset, which can then be traded independently. This separation is achieved through Pendle’s unique protocol that issues two types of tokens: one representing the principal and another representing the future yield.
In a recent interview with Coin Bureau, BitMEX founder Arthur Hayes suggested that Aptos could surpass Solana ($Sol) to become the second leading Layer 1 blockchain network within the next one to three years. He mentioned that he plans to provide further details about this prediction by September 2024.
In the same interview, he also said that there is some degree of possibility for Dogecoin spot ETF.
