Arthur Hayes, co-founder of BitMEX, is urging crypto projects to launch their tokens, citing favorable market conditions despite volatility. In an essay titled “Volatility Supercycle,” Hayes emphasized the need for projects to act quickly to take advantage of the current environment. He referenced his crypto-investment fund Maelstrom, which focuses on venture-stage investments for equity and tokens and had launched a grant program in July to support Bitcoin Core developers, showcasing its commitment to the crypto ecosystem.
Hayes advised investors to shift fiat holdings into crypto, predicting significant growth in crypto portfolios due to ongoing market conditions. He suggested moving extra fiat into crypto assets, attributing his advice to global elites’ actions, such as politicians and central banks printing money to control market volatility. Recent actions by central banks, particularly in the U.S., Europe, and China, have led to rate cuts and stimulus measures, making fiat less attractive and driving investors towards crypto as a hedge against economic instability.
The co-founder of BitMEX highlighted the fourth quarter as historically strong for Bitcoin, especially in halving years like 2024. Referencing data from Bitwise showing average Bitcoin gains of 29.5% in October and 37.9% in November during similar cycles, Hayes believes that the current market conditions, combined with central banks cutting interest rates and the usual bullish period approaching, create an ideal situation for crypto projects to launch their tokens. He sees this as an opportunity for projects to capitalize on before the year ends.
Hayes emphasized the necessity for crypto projects to act swiftly and launch their tokens to benefit from the favorable market conditions. He noted that the actions of global elites, such as printing money and lowering interest rates, have made fiat less appealing, prompting investors to pour money into crypto assets. With the fourth quarter historically being strong for Bitcoin, especially during halving years like 2024, Hayes believes that now is the right time for projects to take action and capitalize on the current environment.
He urged investors to consider shifting their fiat holdings into crypto, as he predicts significant growth in crypto portfolios due to ongoing market conditions. With central banks worldwide implementing rate cuts and stimulus measures, Hayes believes that fiat will flow into crypto assets as a hedge against economic instability. By taking advantage of the bullish trends typically seen in the fourth quarter and the favorable market conditions, he sees this as an opportunity for crypto projects to launch their tokens and reap the benefits before the year ends.
