Arthur Hayes announced that he will buy two altcoins

Arthur Hayes, who attracted great attention with his blog posts in the crypto world, started to take steps regarding the two cryptocurrencies he stated he would buy yesterday. Hayes, one of the founders and former CEO of the BitMEX exchange, thinks that the current situation offers a good buying opportunity, especially for altcoins.

Arthur Hayes tweeted yesterday: pendleAnd dogecoin He announced that he would take it. According to the information provided by the on-chain data platform Lookonchain, one of Hayes’ wallets received 92,336 Pendles via Wintermute today.

Hayes sent $2 million USDC to Wintermute and received 280 ETH with $1 million of this fund and 92,336 Pendle with $554 thousand. But Hayes DOGEIt is currently unknown whether he received it or not.

Previous Pendle purchases and tributes

Arthur Hayes had previously praised the Pendle project and made purchases from the token of this project. Hayes used the Wintermute platform in these purchases. This shows Hayes’ faith in Pendle and his interest in this project.

Arthur Hayes’ US inflation and interest rate forecasts

In his recent blog post, Hayes stated that the United States has failed to reduce inflation, but will still cut interest rates. Hayes used the following expressions:

“I predict that prices will rise slowly and move between 60 and 70 thousand dollars by August. “The bull market has woken up again.”

These breakthroughs by Arthur Hayes can create a valuable movement in the crypto market and be a source of inspiration for investors. Hayes’ interest in Pendle and Dogecoin in particular can be considered a positive sign for the future performance of these altcoins.

This news was first published on the Coin Engineer website.