Arthur Hayes Says Its Time for Crypto Projects to Start Launching Their Tokens
Andrew is a journalist and content writer with a passion for Bitcoin. His work has been featured with Cryptonews, Decrypt, CryptoPotato, and Bitcoin Magazine, among others.
Arthur Hayes, co-founder of BitMEX, is urging crypto projects to launch their tokens, citing favorable market conditions despite volatility.
In an essay titled Volatility Supercycle, published late Wednesday, Hayes emphasized that projects should act quickly to capitalize on the current environment.
"Volatility Supercycle" is an essay exploring my track record of predictions and why it doesn't matter as long as the elites continue suppressing the volatility of markets using printed money.https://t.co/AUg0nGTD6j pic.twitter.com/AdT1UmVsAs
“We will be pushing our projects that held off on launching their token due to poor market conditions to hurry,” Hayes said, referencing his crypto-investment fund Maelstrom, which focuses on venture-stage investments for equity and tokens.
Maelstrom launched a grant program in July to support Bitcoin Core developers, reinforcing its commitment to the crypto ecosystem.
Hayes advised investors to shift fiat holdings into crypto, predicting substantial growth in crypto portfolios due to ongoing market conditions.
“If you are fully invested in crypto, sit back, relax, and watch the fiat value of your portfolio pump,” he added. “If you have extra filthy fiat, left curve this b***h and deploy into crypto.”
He attributed his advice to what he calls the actions of “global elites” – politicians and central banks – who he believes are printing money to control market volatility, making fiat less attractive.
Hayes pointed to recent central bank actions as a key driver for crypto.
He noted that the U.S. Federal Reserve began cutting
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