So, Arthur Hayes, the guy who’s been around since your dad was explaining Bitcoin to your mom, drops this bomb about Monad. Yeah, that shiny new layer-1 blockchain? He’s basically saying, “It’s toast, like, almost all the way gone.” 99%, folks. That’s right, nearly wiped out. Because apparently, it’s just another one of those VC darlings-high-value, low-float, all hype-like a cheap magic trick. .
He’s on Altcoin Daily, and his words are really just a carnival barker shouting, “Watch out, retail investors! This isn’t the one that’s gonna go the distance. It’s just another pump-and-dump with a pretty face.” Because FDV-Fully Diluted Value, for those who love acronyms-means the market’s just playing hide-and-seek with the tokens. When all tokens are out in the wild, surprise, surprise, the price might plummet faster than your New Year’s resolutions.
He’s basically saying, “Yeah, every new coin does a little dance-pumps first, then crashes harder than your hopes on a bad day.” And let’s be honest, how many of these babies actually stick around? Just a handful, like Bitcoin, Ether, Solana, and Zcash-kind of like the cool kids that made it past high school. The rest? Vanishing acts faster than you can say “Pump and Dump.”
Last year, Monad scooped up a cool $225 million from some fancy VC firm called Paradigm-meaning they have money, but that doesn’t always mean the project isn’t a house of cards. The thing went live on Monday with an airdrop-because nothing says “invest in me” like a free token, right? .
Hayes Still Buoyed… or Is He?
Meanwhile, Hayes is acting like he’s the king of crypto-saying, “Hey, the whole scene? It’s gonna boom thanks to more money-printing.” Wow, what a shocker. I mean, who isn’t bullish when the Fed’s handing out free money like Santa on Christmas? .
He even dismisses the “four-year Bitcoin cycle” – as if that’s some kind of magical rule. Nope, it’s all about global credit expansion-China, the US, the whole fairy tale. When liquidity goes poof, guess who reacts? Bitcoin, folks. The “last free-market smoke alarm” before the whole system goes up in flames. No wonder he’s got his eye on the prize, or at least on the next rally.
Privacy Coins: The New Kids on the Block
And get this-he predicts privacy coins are about to take center stage. Gregory, one day you’re just some obscure coin, and the next-bam! The darling of Wall Street, especially Ethereum with all its stablecoins and tok-tok stuff. Because who’s gonna want grandma knowing all their financial moves, right? .
Oh, and by the way, Zcash? Yeah, that’s now second biggest holding in Hayes’ family office. Because nothing says “trust me” like a privacy coin-until someone figures out how to crack it, then it’s just a fancy $10 bill with a secret. Classic.
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2025-11-29 10:10