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Arthur Hayes, former CEO of Bitmex, is a bold predicament of Trump Mimi: He will outperform Bitcoin if the market morale continues to improve and politicians begin to take advantage of the Mimi encryption.
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The Trump code was launched to coincide with the inauguration of US President Donald Trump, and in a short time, it became the fourth largest Mimi currency according to the market value. However, after its peak reached $ 75, Trump Mimi fell to less than $ 20.
Now, the original gets a second look, as Hayes forecasts its next movement. Immediately after the Hayes publication, the Mimi Trump coin showed signs of recovery. It is currently circulating between $ 19.03, A 17 % increase in the past 24 hoursData from CoinMarketcap offers.
Why will Trump Mimi be better than BTC?
In the blog post, Hayes speculation These Meme currencies will become a strong political tool as it can be used for advertising and campaigns. Then it predicted that the mid -term elections will be a pivotal moment for the encryption industry, as it will join more politicians to the direction and launch their MG currency projects.
According to Haiz, Meme Political Currency is unique encryption projects because they mix politics and entertainment. It is speculated that if the market’s morale improves, the MI political currencies, especially Trump, will outperform Bitcoin.
Hayes used the latest basic procedure for the digital sex, as Trump decreased by 80 % of its height, and Bitcoin Struggle to restore $ 110,000. If the market situation improves, Hayes believes that Trump will increase first, and will follow bitcoin.
Will other politicians follow Trump and launch their coins?
Hayes also expects more politicians to join the direction and suggests that Chinese leader Xi Jinping is the next. He added that Shi will realize that he needs to show that people are popular, and that one of the ways to do this is to launch the Mimi currency.
However, Hayes provided a warning that similar projects in the future may not be successful compared to Trump Mimi.
Challenges for similar encryption projects
In an interview with Scott Melker, Hayes said there is an exciting change in the encryption industry for extreme liquid coins. However, Hayes explained that it is only Trump that can withdraw this matter and that the future Mimi political projects may be struggled by the strict community standards.
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Hayes speculated that some investors may request fair launch operations with fair allocations.
Melker also provided visions about the unique standing of Meme Trump. He referred to a recent conversation with Hasem Qureshi from Dragonfly, who suggested that the asset code can be compared to safety more than Mimi.
He added that people buy the distinctive symbol because of Trump, and that its price does not float freely and is subject to the discovery of prices.
Distinctive image from Gemini Imagen, the tradingvief chart
