Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has expressed interest in Australian rapper Iggy Azalea’s memecoin, Mother Iggy (MOTHER), citing favorable macroeconomic conditions. He believes the recent weakening of the Japanese Yen against a stable Bitcoin presents an opportunity to trade memecoins. Azalea’s MOTHER token has seen significant growth since its launch in June, reaching a market cap of over $73 million. Notably, the token is planned to be used in Azalea’s upcoming online casino, Motherland.