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Arthur Hayes: “I bought SOL even though it’s just memcoin”

The former CEO of cryptocurrency exchange BitMEX, Arthur Hayes, said that although he doesn’t like Solana, he still bought the coins, which have recently skyrocketed in value.

The start of the fourth quarter of 2023 has seen the value of the Solana cryptocurrency skyrocket, which is rapidly gaining momentum and set to challenge ether’s dominance. I know it’s a piece of dog shit that is just a meme at this point in time. But it’s growing… Let’s go, damn it!” – he wrote.

Looks like Hayes bought SOL at a price of $46.75. Obviously, he expects the coin to continue to rise in the coming weeks.

Solana has grown nearly 90% in the past 30 days, with the most significant growth rate of about 36% in the past seven days