Arthur Hayes Professes Love for ‘Archangel Vitalik’ by Buying ETH and Selling SOL
Hayes is optimistic about Ethereum, citing admiration for co-founder Vitalik Buterin. He predicts Ethereum could hit $5,000.
Arthur Hayes has sold off his holdings in Solana (SOL) and redirected his investment towards Ethereum (ETH).
According to Hayes, this strategic shift stemmed from an enlightening meditation session that prompted him to reassess his portfolio, favoring Ethereum over Solana.
Arthur Hayes Predicts Ethereum to Reach $5,000 :-
Hayes holds a positive outlook on Ethereum, partly influenced by his admiration for the project’s co-founder, Vitalik Buterin. He believes the price of ETH could reach $5,000.
He believes the market has not yet fully appreciated the significance of Ethereum’s successful transition. According to him, this change positions Ethereum to support a new ecosystem of innovative businesses and protocols.
Regarding Solana (SOL), Hayes has previously speculated that its price could hit near $100 during a bullish period for altcoins. This prediction came at a time when both Ether and Solana were experiencing significant rallies, with the latter reaching fresh 19-month highs.
However, his recent decision indicates a change in perspective, possibly acknowledging the market’s unpredictable nature and the need for strategic flexibility.
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