Former BitMex CEO Arthur Hayes hinted at a potential altcoin season this weekend, focusing on the possibility of Solana (SOL) breaking the $100 barrier.
Former BitMex CEO Arthur Hayes Predicts Solana (SOL) to Surpass $100
Sharing his expectations on social media, Hayes called for a weekend of positive market movements.
Who is ready for a weekend alt szn green doji piss up? Can we send $SOL over $100? Let’s do it fam
— Arthur Hayes (@CryptoHayes) December 5, 2023
Known for his sharp predictions on market trends, Hayes suggests that SOL, currently trading at $65.2, could experience a staggering 66.6% growth in the coming days.
This prediction comes amid Solana's impressive rise over the last two months, witnessing a significant rise of over 200% since mid-October.
If Hayes' predictions prove correct, this could be a major turning point for the popular token.
Considering that Bitcoin (BTC) has consistently hit local highs and is currently priced around $44,000, Hayes' optimism towards altcoins becomes significant.
The fact that market conditions are in line with Hayes' expectations reveals the possibility that the altcoin season will gain momentum over the weekend.
While the crypto community awaits the outcome of Hayes' prediction, attention is focused on Solana's performance and its potential to break the $100 barrier.
All crypto investors and enthusiasts are carefully observing the market for developments that could signal the beginning of an altcoin season.
*This is not investment advice.