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Deep Worm Price Soars 180%, Gaining Arthur Hayes's Interest

Susan Sarandon
Susan SarandonOriginal
2024-11-19 21:46:17672browse

The Deep Worm price has skyrocketed nearly 180%, gaining the attention of investors in the meme coin sector. This massive surge highlights a renewed focus

Deep Worm Price Soars 180%, Gaining Arthur Hayes's Interest

The price of Deep Worm (WORM) has soared nearly 180% in the past week, grabbing the attention of investors in the meme coin sector.

The massive surge highlights a renewed focus on the meme coins, especially with BitMEX co-founder Arthur Hayes making bold predictions on WORM. Notably, his recent comments have further fueled optimism for the asset’s rally ahead as already positive sentiment hovers in the broader crypto market.

Deep Worm Price Soars Gaining Arthur Hayes’s Interest

The meteoric rise of Deep Worm underscores the growing traction in the meme coin niche, a segment often driven by community sentiment and speculative investment. The token’s performance aligns with a broader trend of investors exploring high-risk, high-reward assets despite ongoing market volatility.

Arthur Hayes, known for his candid takes on cryptocurrency, recently shared an enthusiastic post on X about WORM. He described it as a narrative-driven DeSci (Decentralized Science) project with “questionable” utility. However, the BitMEX co-founder suggested that WORM has the potential to record a massive valuation, saying, “Are you ready for the moon? $WORM to a billy.”

Notably, this is a sudden shift from Hayes’s previous stance, where he expressed caution towards the meme coins due to macroeconomic uncertainties. His bullish outlook now appears to have bolstered the broader market confidence in the sector.

Source: Arthur Hayes, X

Meanwhile, adding to the momentum, the Deep Worm price surge comes amid a broader crypto rally tied to post-election optimism following Donald Trump’s victory. Investors speculate that favorable regulatory changes could further fuel the sector’s growth in the coming days.

WORM Rallies 180%

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