- Arthur Hayes Is Bullish on Crypto Amid Macro Setup Which He Says Could Present a Golden Opportunity
- He says altcoins as well as presale tokens could be worth looking at as the crypto breaks out of the latest window of weakness.
- KangaMoon (KANG) is one of the new projects attracting great attention as its presale nears its close.
Arthur Hayes believes that the crypto market is likely to continue on the rise, pointing to the macroeconomic setup and the sovereign debt bubble. Family office head Maelstrom is also bullish on altcoins and the launch of new tokens which he says present a “golden opportunity” after recent crypto weakness.
With the market likely to become bullish in the coming months, could now be the time to take advantage of the KangaMoon Presale (KANG)?
Arthur Hays explains bull market setup and potential opportunities
Arthur Hayes, co-founder and former CEO of BitMEX Exchange, is optimistic about the crypto’s rebound after the recent decline, noting that prices could “get more ridiculous on the upside.” This, he argued in his Blog article “Left curve”could be a “golden opportunity” for investors to strengthen their positions.
According to him, the market is currently exiting “the window of weakness” that likely followed the April 15 US tax payment and the recent Bitcoin halving event.
While the factors that drove Bitcoin’s price from zero to $70,000 over the past decade may not be the same in the future, Hayes says the macro setup and increased liquidity fiat that has fueled BTC’s staggering gains can only become more pronounced, especially as “the sovereign debt bubble begins to burst.”
“As we enter the northern hemisphere summer and policymakers enjoy a respite from reality, cryptocurrency volatility will decrease. Now is the perfect time to take advantage of the recent crypto decline to slowly increase your positions.“, noted the co-founder of BitMEX.
Altcoins beat in the latest dump, new token launches and presales are likely to offer excellent entry points. These opportunities could materialize in the coming months.
KangaMoon brings GameFi and SocialFi to the world of memes
KangaMoon (KANG) is a new SocialFi and play-to-earn game project currently in pre-sale.
The project, which also leverages meme culture to spice up the game’s epic battles, has strong appeal because of what the native $KANG token offers holders. With KangaMoon, opportunities to earn more $KANG and other exclusive rewards are available from the pre-sale phase.
Kangaverse is the GameFi platform ecosystem for contests and tournaments. $KANG holders can access these chances to win more tokens through weekly, monthly and quarterly gaming competitions and challenges.
What makes KangaMoon a potentially interesting opportunity?
What makes KangaMoon a potentially attractive investment opportunity is its current pre-sale price. The value of $KANG during the five stages of the token sale has…
