The approximately 180% increase in Deep Worm’s price has drawn significant attention within the meme coin sector. This remarkable rise underscores a renewed focus on meme coins. Bold predictions by BitMEX co-founder Arthur Hayes regarding WORM support the positive market sentiment.
Arthur Hayes’ Insights
The rapid ascent of Deep Worm reflects a growing interest in the meme coin space, typically driven by community sentiment and speculative investments. The token‘s performance indicates a shift towards high-risk, high-reward assets among investors.
According to CoinGecko data, the WORM price surged nearly 180% today, reaching a 24-hour high of $0.0882. The daily trading volume peaked at $40.91 million. However, at the time of writing, a slight decline was observed, with the price trading at $0.06767.
Market Expectations
Arthur Hayes is recognized for sharing his views on cryptocurrencies. He characterized WORM as a “narrative-driven DeSci (Decentralized Science) project” and posed the question, “Are you ready to moon? From $WORM to a Billy?”
This statement represents a sudden shift from Hayes’ previous cautious stance towards meme coins due to macroeconomic uncertainties. His bullish outlook has bolstered overall market confidence in the sector.
Additionally, this price surge is viewed as part of a broader increase in the crypto market following Donald Trump’s victory. Investors anticipate that potential regulatory changes could further support growth in the sector.
Previously, Hayes supported the Solana 
$195 meme coin Goatseus Maximus, which experienced a significant rally after his endorsement. His recent interest in WORM indicates a possible shift in the meme coin landscape and encourages investors to position themselves for future opportunities.
The increase in Deep Worm’s price and Arthur Hayes’ optimistic remarks may herald new investment opportunities in meme coins and the broader crypto market. Investors can shape their strategies by closely monitoring market dynamics.
