Benzinga

6M
...

BitMex Founder Dumps ‘Sam Coin POS’ For ‘Archangel Vitalik’ Ethereum: Here’s Why

Arthur Hayes, the enigmatic co-founder of BitMEX, raised eyebrows when he announced a shakeup of his portfolio.

What Happened: Hayes, a self-proclaimed crypto oracle, declared that he had dumped Solana SOL/USD — which he referred to as that “Sam coin POS.” Instead, he’s embracing the “Archangel Vitalik,” referring to Ethereum’s ETH/USD co-founder Vitalik Buterin.

A bold prediction accompanied this pronouncement: Ethereum will hit $5,000.

Also Read: Memecoin Madness: Solana Degen Turns $92 Into $1.5M In 16 Days Trading Silly Token, Can You Repeat This Dream?

Why It Matters: Hayes’ move is a noteworthy one, considering his previous enthusiasm for Solana.

Just over a month ago, he admitted…

Read more on Benzinga

88.4K Reads