Arthur Hayes, co-founder of BitMEX, has generated excitement in the crypto community by recommending the purchase of meme coins. His suggestion comes after he acknowledged that the Japanese yen (JPY) did not weaken as he had anticipated.
Hayes noted that Bitcoin displayed remarkable resilience over the weekend, maintaining its strength despite the currency's unexpected performance.
This observation has led him to believe that it may be an opportune moment to invest in meme coins, riding on Bitcoin's stability.