BitMEX Founder Backs Smoking Chicken Fish (SCF) Memecoin Despite Price Dip

• BitMEX co-founder Arthur Hayes announced support for Smoking Chicken Fish (SCF).
• SCF crashed a massive 5.33% in the past 24 hours. 
• SCF is down 63.19% from the ATH which was witnessed not long ago at $0.1463.

Smoking Chicken Fish (SCF) memecoin received backing from Arthur Hayes, co-founder of the crypto derivatives trading platform BitMEX. Despite this, the cryptocurrency has dropped 5.33% in the past 24 hours.

According to the data from CoinMarketCap, SCF is trading at $0.05427, with a market capitalization of $53.85 million and a trading volume of $5.68 million. The cryptocurrency’s all-time high occurred 18 days ago, when SCF reached $0.1463. The memecoin is currently down 63.19% from its all-time high.

Hayes expressed his support for the project on X, greeting his followers with “cowabunga.” The cryptocurrency has been bearish in the past 24 hours, but Hayes’ support could push the price higher in the short term.

Cowabunga

In cod we trust $SCF

yachtzee bitches pic.twitter.com/Q9tod6V53g

— Arthur Hayes (@CryptoHayes) November 1, 2024

It is important to note that SCF has fallen 17.75% in the past seven days and 31.74% in the last 30 days. The d…

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