Crypto Billionaire Arthur Hayes Unveils 8 Altcoins Set for a ‘Bull Rally’
On February 21, BitMEX co-founder and Maelstrom’s Chief Investment Officer, Arthur Hayes, revealed eight altcoins he believes will experience significant growth as the crypto bull season draws near. His lineup includes dYdX, GMX, Flare, Pendle, Krav, Elixir, Ethena, and Axelar.
In his latest Substack post, Hayes stated that Maelstrom has strategically invested in and holds confidence in these altcoins as key components of its cryptocurrency portfolio.
Hayes noted that he and the Maelstrom team support these new, low-cap gems because their narratives resonate strongly in the market.
dYdX, for instance, allows crypto investors to trade perpetual contracts of digital assets on its decentralized platform. With growing scrutiny surrounding centralized crypto operations, Hayes sees the dYdX platform as a viable alternative that enables perpetuals trading with zero censorship.
Flare also captures Hayes’ attention, given its key role in providing access to high-integrity data from other blockchain networks.
The Pendle blockchain protocol, meanwhile, is a high-end DeFi platform that grants access to fixed and flexible yields on locked tokens and several others.
Concurrently, Hayes also announced that he is considering redesignating himself as the Chief Story Officer (CSO), shifting away from the CIO role he holds at Maelstrom.
In his decision, Hayes stated that the story surrounding blockchain projects is much more important than the technology tools used in building them.
"Chief Story Officer" is an essay on why the tech in #crypto doesn't matter, and my story telling process.https://t.co/qLyVAcEwuf pic.twitter.com/gBg4ybbed1
— Arthur Hayes (@CryptoHayes) February 21, 2024
To Hayes, tech is just a tool, while a compelling story can
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