Arthur Hayes Predicts Major Gains for Three Altcoins by 2028
- Former BitMEX CEO predicts altcoin gains by 2028.
- Hayes cites liquidity cycles and stablecoin growth.
- Potential impact on DeFi and speculative tokens.

Arthur Hayes, former CEO of BitMEX, projects potential massive gains for altcoins Ethena, Ether.fi, and HYPE by 2028, in his recent blog post, ‘Buffalo Bill’.
These projections underscore the impact of liquidity cycles and stablecoin growth on crypto markets, potentially steering substantial capital into DeFi and speculative tokens.
Ethena, Ether.fi, and HYPE Could Rise 126x
Arthur Hayes anticipates that three altcoins, Ethena (ENA), Ether.fi (ETHFI), and HYPE, could see increases of up to 126x by 2028. Hayes bases this forecast on macroeconomic liquidity cycles and stablecoin proliferation. Ethena and Ether.fi, positioned within the DeFi infrastructure, may gain from new capital inflows. Meanwhile, HYPE is poised as a speculative play. Hayes’ predictions draw attention due to his bold market analysis history.
Stablecoin Adoption May Influence Trillions in Capital
The prediction impacts cryptocurrency enthusiasts and industries reliant on Elliott wave theory. Hayes’ analysis is grounded in the potential trillions of capital inflows due to stablecoin adoption, although no official governmental confirmations exist. This forecast affects DeFi projects, especially those based on Ethereum. While Hayes’ historical prediction accuracy is around 25%, his influence shapes market sentiment and speculation significantly. As Hayes has articulated,
“Only about 25% of my past calls have been accurate, but my bold predictions still shape investor sentiment.”
Dollar Liquidity Surges Preceded Past Crypto Rallies
Hayes’ thesis parallels previous bull cycles where a surge in dollar liquidity precipitated rallies in infrastructure and culture tokens. His past predictions have garnered both skepticism and attention in the crypto landscape. Should history repeat, key infrastructure tokens might witness substantial growth. The extent hinges on stablecoin developments and macroeconomic environments, foretelling high stakes in speculative investments.
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