In the ongoing crypto market conditions, the previously launched tokens are losing on the charts compared to newly launched ones. It includes the Goatseus Maximus price surge to new ATH, making its holders heavy profits ever since launch. The token is now one of the most profitable cryptos this week after a 131% surge in the last seven days. More importantly, the bulls are still active for the token, opening the possibility of a further GOAT price rally.
Goatseus Maximus Price Riding The Bulls
GOAT, is the talk of the crypto town, despite being a newly launched token. It has achieved continuous peaks, making millions in profits for its holders. A crypto trader made $2.42M with this token, and hundreds of others are in the same position, as the Goatseus Maximus price surged to a new all-time high of $0.6652 just a few minutes ago. More importantly, it has a market capitalization and trading volume of $633.41M and $227.81M, which are also up significantly.
The token had a good start since the beginning, when an AI bot, Truth Terminal, promoted the token. With this, it has become the first Millionaire AI bot, as the GOAT price grew exponentially. Even the charts show a 516% surge since October 15, 2024, showcasing how the token is riding the bulls. Its popularity has peaked, which is why, many crypto whales have begun selling their current holding to buy this token. Just recently, a whale spent 10,313 SOL ($1.72 million) to buy 4.5 million GOAT coins at an average price of $0.383. And the same tokens are now worth $2.99M, proving the hype around it.
However, the journey has not always been smooth, as the token has also witnessed significant falls in between. Just two days ago, the Goatseus Maximus price declined more than 50%, as it dipped from $0.45 to $0.2 within 24 hours concerning its holders. This decline was the result of people doubting the X post of Truth Terminal being written by his creator and not him, as there were many typos, which were seen as human writers.
However, the developer immediately clarified that the predictive nature of LLM models is the reason behind these typos. With the clarification, the GOAT price regained the uptrend.
Will GOAT Price Jump To $1 Anytime Soon?
After analyzing the Goatseus Maximus price performance, where it surged more than 500% in almost a week, there is definitely potential for this token to grow higher. More importantly, the demand is quite high, and despite its earlier 50% drop, whales are attempting to buy even more.
Even the BitMEX founder, Arthur Hayes bet that the GOAT price has the potential to rise 10x in the upcoming days. More importantly, he talked of the financial influencer and Bloomberg contributor Matt Levine referencing GOAT, claiming that the last time Matt mentioned a meme coin, the price also triggered a 10X rally.
Further on analyzing the current performance, the ATH surge was the result of the top crypto exchanges like HTX and others listing the token. With this, it is anticipated that the remaining might follow the listing trend, pushing the price to $1 at least. However, as the token has had strong buying pressure, a consolidation phase might hinder its performance. The upcoming few fours are quite crucial in understanding its price trajectory.
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