BitMEX founder Arthur Hayes mentioned several views in an interview with Coin Bureau, addressing the prediction that Aptos will surpass Solana. He stated that more details will be revealed in September of this year.
Not trading is the best operation
Dogecoin ETF is expected to be launched
Aptos flips Solana
In the opening segment on cryptocurrency investment strategies, Arthur Hayes mentioned that his strategy is to focus on going long, holding without selling, and not using excessive leverage. He believes that everyone knows what they should do in investing, but they have never executed those actions.
For his funds, the most outstanding project this cycle is Ethena (ENA), with the second possibly being projects like Etherfi and EigenLayer, which are Ethereum staking tokens. They have many other investments in this area, and he considers these two to be the highlights of their investment portfolio this cycle.
Regarding the frenzy over meme coins, he gave the example of Singapore, where he always sees long lines in front of luxury brand stores like LV, Chanel, Gucci, but most of the people in line may not understand fashion and will end up spending several months’ worth of salary once they enter the store.
He believes that meme coins are similar, as people do not need to have a deep understanding of cryptocurrencies to invest, just like how they don’t need to know much about fashion. If people are willing to queue up to buy LV, they will definitely trade any popular meme coin on their computers.
Additionally, Arthur Hayes pointed out that when this bull market ends, a Dogecoin ETF will be listed, emphasizing that DOGE is the oldest meme coin in history, available on Robinhood, and has consistently maintained a high market value.
Hedge fund manager Raoul Pal also agreed, stating that Dogecoin has outperformed Bitcoin in every cycle, and the trading demand may be higher for a Dogecoin ETF than for an Ethereum ETF.
At the end of the program, Arthur Hayes predicted that Aptos will surpass Solana in the future to become one of the top two L1 public chains.
He believes this could happen in this cycle, but it is a prediction for a one to three year cycle. Currently, he will not reveal too much, but more details will be disclosed in September of this year.