Arthur Hayes Ventures Into Memecoins, Faces $47K Loss In Just Six Days

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Arthur Hayes, the founder of BitMEX, made a splash in the memecoin market just days ago, investing a hefty $500,000 in two trending tokens, $PEPE and $MOG. However, the move has proven costly. Arthur Hayes, the founder of @BitMEX, made a bold move into the meme coin world just a few days ago, splashing $500K on two trending tokens— $PEPE and $MOG. READ the STORY here 👇https://t.co/i27s4xal4e pic.twitter.com/PA4z5zYg8t — EyeOnChain (@EyeOnChain) October 3, 2024 On September 27, Hayes invested $250,000 each into $PEPE and $MOG after publicly showing his support for these tokens, alongside another meme coin, MOTHER. In total,

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