Former BitMEX CEO, Arthur Hayes, has recently shared his insights, catching the eye of investors with his trading acumen and forecasts. In regard to Dogecoin (DOGE), Hayes emphasized its growing popularity, highlighting that institutional players are increasingly drawn to the cryptocurrency sphere, unable to overlook Dogecoin's significance.

In a conversation with Jessica Walker and Real Vision CEO Raoul Pal, Hayes suggested that regulatory approval for Bitcoin (BTC) and Ethereum (ETH) ETFs would pave the way for a Dogecoin ETF endorsement in the future. He underscored Dogecoin's role, along with other cryptocurrencies, in shaping the landscape of US elections, indicating that meme-coins like DOGE have a promising trajectory ahead.

Moreover, Hayes pointed out the escalating money printing by the FED and the US Treasury, predicting that this influx of capital would fuel further frenzied growth and popularity in the cryptocurrency market. Both Hayes and Pal asserted that investors anticipate the approval of a Dogecoin ETF in the US before the current bullish market cycle concludes.

Referencing Dogecoin ETFs, Hayes remarked that Dogecoin holds a significant position as the oldest memecoin on Robinhood, suggesting its appeal to traditional finance entrants venturing into the crypto space. Furthermore, he highlighted the allure of high market capitalization assets for such investors.

Hayes and Pal disclosed that meme-coins like Dogecoin (DOGE), BONK, and Dogwifhat (WIF) form integral parts of their investment portfolios. Notably, Hayes made a bold projection that Aptos (APT), currently the 27th ranked cryptocurrency by market cap, could surpass Solana (SOL) within the next 1 to 3 years.

*Disclaimer: The above statements do not constitute investment advice.