BitMEX Founder Admits He Was Wrong With Bottom Levels And Says Meme Tokens Could Drop Even More

BitMEX founder Arthur Hayes made statements about cryptocurrencies in his Medium account.

Sharing from his Medium account on June 17, BitMEX founder, Bitcoin’s 25,000 and Ethereum 1500 dollar levels He admitted that the idea that he would bottom was wrong.

The future liquidity conditions of fiat currencies trouble people for 6-12 months. Hayes stated that meme tokens will 50% or more He said he might fall.

The results of the Fed’s 75 basis point rate hike 30 June to 5 July BitMEX founder who thinks he will live betweenthat the downward movements will accelerate in this date range. is thinking.

Saying that cryptocurrencies will generally exhibit bearish movements, Hayes said that the next specific category cryptocurrencies for bull season commented.

Stating that these cryptocurrencies are interpreted according to certain features, Hayes said, among the features of the crypto money that he will invest for the next bull; dropped between 75% and 99% from its highest levels and have users who spend capital to use the service There must be projects.

Among the cryptocurrencies Hayes examined; PancakeSwap, Uniswap, Ens and LooksRare is located.

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