BitMEX co-founder Arthur Hayes is back in the news.
He’s made several eye-catching tweets over the past week, and doubled down on a potential meme coin rally by adding PEPE and MOG to his portfolio.
Hayes’ bullishness is also impacting newer coins, like Crypto All-Stars, which many believe could surge when the market rebounds.
Hayes Goes On Meme Coin Shopping Spree
Hayes is backing up his predictions with action.
He’s been on a meme coin shopping spree lately, buying PEPE, MOG, and MOTHER – three of the market’s hottest tokens.
The reason is he’s betting big on “Uptober,” which is a month that’s historically bullish for crypto.
“Time to trade some dogsh*t meme coins,” Hayes tweeted last week, never one to sugarcoat his words.
He’s going all-in on MOTHER, Iggy Azalea’s meme coin, believing it will hit a billion-dollar market cap.
Hayes also pulled billions of his PEPE coins off of Binance.
But it’s not just about meme coins for this crypto personality.
Hayes is also loading up on Aethir, showing that he’s keeping an eye on low-cap cryptos in different sectors.
He even asked his 547,000+ Twitter followers to shill their favorite picks.
Ultimately, Hayes’ Tweeting spree shows that he’s still bullish on meme coins despite the market dip.
And when he makes a move, investors tend to take note.
Global Tensions Flare as Crypto Market Drops
Hayes’ comments contrast with the current state of the crypto market.
It’s in the middle of a downturn, and many investors are panicking.
Bitcoin has slipped below $62,000, Ethereum has fallen to $2,470, and most other top altcoins are in the red.
The cause of all this bearishness is geopolitical tensions in the Middle East – pushing investors into safer assets.
It’s not just crypto that’s feeling the heat, though.
Stocks are down, while gold and oil prices are climbing.
This is a classic “risk-off” move that tends to happen when volatility is high.
However, the crypto market has seen this kind of turbulence many times before, with last year’s Hamas attack being a prime example.
Although the market fell in the days after, it rebounded aggressively – ending the year on a high.
Investors are hoping it’ll be the same this year.
So, while spot Bitcoin ETFs are seeing some outflows, it’s not all doom and gloom.
Arthur Hayes’ meme coin bets show his confidence that the market will likely rebound despite the uncertainty.
Can New Meme Coin Crypto All-Stars Explode When the Market Rebounds?
Some investors believe that Crypto All-Stars (STARS) could benefit from Hayes’ predictions.
The project’s MemeVault feature is attracting a lot of attention.
Imagine staking DOGE, PEPE, SHIB, and other meme coins in one app – that’s what MemeVault will offer.
The app will initially launch with support for 11 meme coins but will add more in future updates.
What’s really making Crypto All-Stars go viral is the staking yields.
Those yields are estimated at 777% per year, although they will decrease as investors stake more coins.
Staking rewards are paid out in STARS, Crypto All-Stars’ native token.
Interestingly, those already holding STARS will receive a 3x bonus, which is great news for early investors.
Crypto All-Stars is still in presale and has raised over $1.9 million so far.
During the presale, investors can buy STARS tokens at a discount relative to the eventual DEX listing price.
Tokens are available for $0.0014769 each at the time of writing.
All that’s required to take part in the presale is some ETH, USDT, or BNB and a compatible crypto wallet.
Crypto All-Stars’ team even accepts purchases made via credit/debit card.
Despite all the bearishness, this new project is still getting massive attention on Twitter and Telegram.
And if Arthur Hayes’ forecast is accurate, the STARS token could be one to watch before the end of the year.
Visit Crypto All-Stars Presale
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