Arthur Hayes' Memecoin Investment Results in Loss

10/3/2024 12:56:24 AM

According to EmberCN, BitMEX founder Arthur Hayes' investment in memecoins ended in a loss. On September 27, Hayes expressed optimism about memecoins and invested $250,000 in PEPE (24.39 billion tokens) and $250,000 in MOG (167.51 billion tokens). Five hours ago, these PEPE and MOG tokens were transferred to a centralized exchange (CEX), and their combined value had decreased to $460,000, resulting in a realized loss of $40,000 upon sale. (Source)

Pepe Arthur Hayes BitMEX MOG CEX

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