BitMEX founder Arthur Hayes mentioned several viewpoints during an interview with Coin Bureau, regarding the prediction that Aptos will surpass Solana. He stated that more details will be revealed in September of this year.
Content Index
Toggle
Not trading is the best strategy
Dogecoin ETF likely to be launched
Aptos overtaking Solana
Arthur Hayes mentioned in the opening segment on crypto investment strategies that his strategy is to focus on going long, holding without selling, and avoiding excessive leverage. He believes that everyone knows what they should do in investing, but they never actually execute these actions.
For his fund, the standout projects this period are Ethena (ENA), with the second possibly being Etherfi and EigenLayer, Ethereum staking tokens. They have many other investments in this area, but he sees these two as the highlights of their investment portfolio for this period.
Advertisement – Continue scrolling for more
(
Vitalik’s lengthy response to concerns about Ethereum decentralization: MEV, liquidity staking, and hardware requirements
)
Regarding the craze for meme coins, he gave the example of Singapore, where he always sees long lines in front of luxury brand stores like LV, Chanel, Gucci in shopping areas. However, most of the people in line may not actually understand fashion and might end up spending several months’ worth of salary once they enter the store.
He believes meme coins are similar in that sense, where one does not need a deep understanding of cryptocurrencies to invest, just like not needing a deep understanding of fashion. If people are willing to queue up to buy LV, they will surely sit in front of their computers to trade any popular meme coins.
Furthermore, Arthur Hayes pointed out that a Dogecoin ETF will be launched at the end of this bull market cycle. He emphasized that DOGE is the oldest meme coin in history, listed on Robinhood, and has 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 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 blockchains.
He believes this could happen in this cycle, but it is a one to three-year cycle prediction. Currently, he will not disclose too much, but more details will be revealed in September of this year.
Aptos
Arthur Hayes
Solana
Dogecoin ETF
Related Reading
Solana’s second-generation phone sales exceed 100,000, Aptos also launches “JamboPhone” for only $99
Aptos Labs introduces chatbot “Aptos Assistant” to teach you how to write smart contracts step by step!