BitMEX Former CEO Arthur Hayes Named a New Altcoin and Made a Record Prediction for its Price!

BitMEX former CEO Arthur Hayes, who attracted attention with his striking statements and analyzes on Bitcoin (BTC) and cryptocurrencies, put Binance's latest Launchpool project, Ethena ($ENA), on his radar in his X post.

Ethena, a DeFi project that was recently launched and listed by many exchanges including Binance, has increased its popularity in the crypto market with its rise of over 20%.

BitMEX co-founder Arthur Hayes expressed bullish expectations, noting the popularity of $ENA and predicting a rise for the $ENA price to $10.

Congrats ⁦@ethena_labs⁩ on a successful TGE. If this is what $ENA is worth what the market is puking, imagine how high it will go once we resume up only!$ENA = $10

It’s just math yo … pic.twitter.com/rKGW7ofHzi

— Arthur Hayes (@CryptoHayes) April 2, 2024

“Korean Investors Have Not Stepped In Yet!

Expressing his support for the DeFi project with his record prediction of $ 10 for the $ENA price, Hayes said that $ENA is not yet listed on Korean exchanges.

According to Hayes, there may be a strong rise in $ENA price when Korean investors start trading after the $ENA listing.

Arthur Hayes' $10 share for the $ENA price is just a prediction, and investors should approach Hayes' predictions with caution, considering that the cryptocurrency market is inherently volatile and unpredictable. Therefore, make your investment decisions based on your own research.

*This is not investment advice.