Arthur Hayes predicts Dogecoin ETF to be listed this week Aptos to flip Solana
BitMEX founder Arthur Hayes mentioned several points during 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 strategy
Dogecoin ETF is expected to be launched
Aptos overtaking Solana
Arthur Hayes mentioned in the opening segment of the cryptocurrency investment strategy 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 these things.
For his fund, the standout projects this cycle are Ethena (ENA), with the second possibly being Etherfi and EigenLayer among other Ethereum staking tokens. They have many other investments in this area, with these two being the highlights of their investment portfolio this cycle.
Regarding the frenzy surrounding meme coins, he gave an 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 salaries once they enter.
He believes meme coins are similar, and one does not need to have a deep understanding of cryptocurrencies to invest, just like one does not need to understand fashion well. If people are willing to line up to buy LV, they will definitely sit in front of the computer to trade any popular meme coin.
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 than Ethereum ETF.
At the end of the show, Arthur Hayes predicted that Aptos will surpass Solana to become one of the top two L1 blockchains in the future.
He believes this could happen in this cycle, but it is a one to three-year cycle prediction. Currently, he will not say much about it, but more details will be revealed in September of this year.
Aptos
Arthur Hayes
Solana
Dogecoin ETF
