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Arthur Hayes, former CEO of BitMEX, who attracted attention with his striking statements and analyzes regarding Bitcoin (BTC) and cryptocurrencies, put Filecoin on his radar in his last post.
Predicting that FIL will reach $100 at this point, Hayes said, “welcome to the bull market.”
“Welcome to the bull market. Let all things AI blow up.
FIL = $100″
Welcome to the bull market. May all things AI related levitate. $FIL = $100
Yachtzee 😘😘😘😘 pic.twitter.com/oggCeY8IGc
— Arthur Hayes (@CryptoHayes) February 23, 2024
Hayes' estimate represents a nearly 12-fold increase for FIL.
As you may remember, the famous CEO, who previously shared about Filecoin, said that FIL was his favorite altcoin.
In his previous post, Hayes claimed that Filecoin would exceed its ATH seen in 2021.
FIL continues to trade at $8.04 at the time of writing.
*This was not investment advice