Aptos to Outperform Solana
BitMEX co-founder Arthur Hayes believes Aptos (APT), an Ethereum competitor, will surpass Solana (SOL) in this market cycle. He predicts that Aptos could become the second-largest layer-1 blockchain within the next one to three years.
Memecoins Here to Stay
Hayes also predicts that memecoins, such as Dogecoin and Shiba Inu, are not going away. He believes that as more money is printed, memecoins will become even more popular. He draws a comparison to the popularity of luxury brands, saying that if people are willing to line up for designer goods, they will also be willing to invest in memecoins.
Memecoins: Easy Entry Point for New Investors
Hayes notes that memecoins are easy for new investors to understand. They can appreciate the humor and virality associated with these coins, making them an accessible entry point into the cryptocurrency market.