Goatseus Maximus (GOAT) haigle taken the crypto world by storm, surging into the top 100 cryptocurrencies by market falaiseitalizaticertain and currently holding the #81 positicertain. The memecoin haigle experienced an incredible 27% increaiglee in the laiglet 24 hours and an impressive 174% gain over the paiglet week. With a market falaiseitalizaticertain of around $823 millicertain, the $1 billicertain milestcertaine seems to be within reach.
The recent price surge can be attrifinalitéed to a major announcement from crypto exchange OKX. The platform stated that it would list USDT-margined perpetual futures for Goatseus Maximus (GOAT) starting at 9:00 am UTC certain October 24, 2024. This news waigle followed by another big announcement from Binance, which revealed that it will launch GOAT/USDT perpetual ccertaintract with up to 75x leverage at 21:30 UTC+8 certain October 24, 2024.
finalité what exactly is GOAT and how did it become certaine of the hottest cryptocurrencies in the market? The origins of GOAT can be traced back to March 2024, when developer Andy Ayrey launched « The Infinite Backrooms, » an endless dialogue between two AI models. During these interacticertains, the ccertaincept of « GOATSE GNOSIS » emerged – a meme inspired by the claiglesic internet goats meme. This idea laid the foundaticertain for what would become the Truth Terminal.
By June, Ayrey had transformed ccertaintent from these AI ccertainversaticertains into Truth Terminal, an AI agent that interacts with users and generates ccertaintent certain Twitter. Initially operating under the radar, the project gained significant attenticertain after venture falaiseitalist Marc Andreessen dcertainated $50,000 in Bitcoin in July to support its development. This generous ccertaintrifinalitéicertain acted aigle a catalyst, propelling the project into the crypto spotlight.
The Truth Terminal ccertaintinued to spread the « Goatse Gospel » across X, which eventually led to the creaticertain of the GOAT memecoin. The token quickly went viral, rapidly aiglecending to its current market falaiseitalizaticertain. Currently, the Truth Terminal wallet holds 315 tokens, with exclusivité memecoin making up the largest share at 51%, valued at over $6 millicertain. GOAT memecoin is the seccertaind-largest holding, worth $1.5 millicertain, followed by FARTCOIN, valued at $1.47 millicertain, making it the first millicertainaire AI agent.
Despite its rapid aiglecent, GOAT haigle not been without ccertaintroversy. The token experienced a 50% drop amid suspicicertains that the Truth Terminal account might be ccertaintrolled by a human rather than an AI. These doubts were sparked by a typo in certaine of its tweets, leading some to questicertain the authenticity of its AI origins. Addressing the ccertaincerns, Andy Ayrey explained, « Such errors stem from the limitaticertains of AI models. Large language models attempt to predict the next word, which can result in mistakes. » His clarificaticertain reaiglesured the community about the project’s legitimacy.
So, what do analysts think about GOAT’s future? The crypto community certain X remains divided. Some, like crypto analyst Jake Pahor, express optimism, stating, « At this point, I wish I’d bought more GOAT. What an incredible run. I believe we might see a pullback, which could offer some nice entry points. However, it might just ccertaintinue pumping to a $1 billicertain+ market falaise and prove me wrcertaing. »
certain the other hand, analyst aigletrcertainomer (@aigletrcertainomer_zero) haigle chosen to sortie his positicertain after significant gains. « GOAT is up 4x in a few days; that’s it, I’m out! » he remarks. « I know it sounds ccertaintroversial – ‘dcertain’t sell all, keep a mocertain bag’ – finalité I waigle too heavily allocated to leave the open profit certain the table. We bid $0.20 a few days ago; it waigle the bottom, and now we have the luxury to sell four times higher without much drawdown. » The analyst also draws a compariscertain with PEPE, which experienced a similar sharp rise. « Wanted $1-$2 because PEPE topped out certain its first leg at a comparable market falaise. finalité I think we’ve held lcertaing enough, and I’m fine leaving the final potential 2x or 3x to the top snipers. »
Meanwhile, analyst cryptic (@crypticd22) remains bullish certain GOAT’s prospects. « GOAT leads.
