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BitMEX Founder Swaps SOL for ETH After ‘Spiritual Revelation’
BitMEX co-founder Arthur Hayes claims to have received a divine message during meditation.
Hayes sold off his Solana holdings amidst a 16.1% increase in Solana’s price over 24 hours.
He predicts Ethereum (ETH) will reach a price of $5,000.
BitMEX co-founder Arthur Hayes took to Twitter to disclose a revelation he claims to have received during meditation. According to Hayes, the divine message advised him to divest from the Sam coin Proof-of-Stake (POS) project and express his allegiance to Archangel Vitalik.
Hayes is referring to former FTX CEO Sam Bankman-Fried’s favorite coin, Solana, and Ethereum co-founder Vitalik Buterin.
In his tweet, Hayes confessed to selling off his holdings in Solana (SOL) and redirecting his investments towards Ethereum (ETH). The co-founder declared that ETH would reach a price of $5,000.
Hayes declared his change of heart amidst Solana’s notable price performance. Over the past 24 hours, Solana has shown a modest 16.1% increase. Solana has also experienced a robust 31% surge in the past week and witnessed an impressive 80.8% increase in value in the 30-day period.
During the last 30-day period, Solana witnessed its lowest point at $53.71. The highest point Solana reached in the last 30 days was $99.12, signifying a noteworthy peak in its valuation.
SOL is now hovering around the $99 level, eyeing a potential breakout above $100. ETH has also exhibited a fairly modest spike, rising over 2.6% in the last 24 hours.
Whether this is a momentary pivot by Hayes or a long-term strategic move remains uncertain. The tweet by Hayes comes at a time when Ethereum developers are ramping up testing for the Dencun upgrade.
The new upgrade is set to add data storage capacity through a process called proto-dank sharding. The developers hinted in a recent call that January 17 could be the test run date for Dencun.
The post BitMEX Founder Swaps SOL for ETH After ‘Spiritual Revelation’ appeared first on Coin Edition.
Hayes sold off his Solana holdings amidst a 16.1% increase in Solana’s price over 24 hours.
He predicts Ethereum (ETH) will reach a price of $5,000.
BitMEX co-founder Arthur Hayes took to Twitter to disclose a revelation he claims to have received during meditation. According to Hayes, the divine message advised him to divest from the Sam coin Proof-of-Stake (POS) project and express his allegiance to Archangel Vitalik.
Hayes is referring to former FTX CEO Sam Bankman-Fried’s favorite coin, Solana, and Ethereum co-founder Vitalik Buterin.
In his tweet, Hayes confessed to selling off his holdings in Solana (SOL) and redirecting his investments towards Ethereum (ETH). The co-founder declared that ETH would reach a price of $5,000.
Hayes declared his change of heart amidst Solana’s notable price performance. Over the past 24 hours, Solana has shown a modest 16.1% increase. Solana has also experienced a robust 31% surge in the past week and witnessed an impressive 80.8% increase in value in the 30-day period.
During the last 30-day period, Solana witnessed its lowest point at $53.71. The highest point Solana reached in the last 30 days was $99.12, signifying a noteworthy peak in its valuation.
SOL is now hovering around the $99 level, eyeing a potential breakout above $100. ETH has also exhibited a fairly modest spike, rising over 2.6% in the last 24 hours.
Whether this is a momentary pivot by Hayes or a long-term strategic move remains uncertain. The tweet by Hayes comes at a time when Ethereum developers are ramping up testing for the Dencun upgrade.
The new upgrade is set to add data storage capacity through a process called proto-dank sharding. The developers hinted in a recent call that January 17 could be the test run date for Dencun.
The post BitMEX Founder Swaps SOL for ETH After ‘Spiritual Revelation’ appeared first on Coin Edition.