Hayes added that Bitcoin would quickly reach “hundreds of thousands of dollars” and that anyone worried about the Fed’s control over bond yields should own Bitcoin now.
Highlighting $ENA!
Hayes, who stated that he is optimistic about altcoins as well as Bitcoin, noted that base trading, which profits from the price difference between spot and futures markets, is beginning to revive, and said that this is a positive signal for the crypto market.
However, Hayes noted that interest rates are still too low.
Hayes stated that the reactivation of base trading could be particularly positive for Ethereum ($ENA) and that $ENA still holds significant upside potential.
In his latest blog post, Hayes stated that the Maelstrom fund is also in maximum risk mode and shared the altcoins in their portfolio.
“Bitcoin, Ethereum, Ethena and Ether.fi”
FLOP is an Important Part of a Blog Post!
Hayes also dedicates a significant portion of his latest blog post to his new project, Flop Network.
They state that there is no pre-sale for FLOP, the token cannot be purchased, and useful activities on the testnet are required for the airdrop.
“…I repeat: there is no pre-sale. You cannot buy FLOP. Only those who participate in beneficial ways are eligible. Stay tuned for more information about the airdrop…”
Therefore, FLOP should not yet be considered an existing market position like $ENA or $ETHFI. Hayes positions it more as a new project to be established at the beginning of a new bull market.
*This is not investment advice.
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