Former BitMEX CEO Arthur Hayes announced the altcoins that will be on his radar in the coming period.
Arthur Hayes, one of the popular names in the cryptocurrency market, drew attention to several major altcoins in his blog post dated February 22.
The experienced name, which stands out with the successful investments it has made in the past period, has projects that will be on everyone’s lips in the continuation of the bull market. dYdX (DYDX), GMX (GMX), PENDLE, Krav (Krav), Elixir Finance (ELXR), Flare (FLR), Axelar (AXL) included. and stablecoin Ethena (USDE) included.
Stating that the macro and micro stories of these projects are strong, Hayes emphasized that market conditions will bring these projects to the fore sooner or later.
Liquidity in central exchanges decentralized exchanges (DEX) He stated that dYdX and GMX will come to the fore as the shift starts, and that other strong competitors may be added to this field.
With this Ethereum based staking transactions in parallel Pendle’s He stated that it would shine brightly. Also decentralized finance related futures transaction volumes and liquidity to strengthen of Krav While pointing out that it offers a successful model, Flare And Elixir He also reminded that he carried out successful work.
Tether (USDT) Hayes recommends Ethena USD, which has no connection with traditional finance but has a very strong dollar stability, to those who want to get rid of the stress of speculations about the currency.Tether is going bankrupt and Ethena will definitely be the best stablecoin pegged to USDHe attracted attention with his statement.
Finally, without building bridges, cross-chain bridging allowing the process to Axelar He pointed out that the cryptocurrency market would talk about these projects frequently in the coming period.