• Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact
Thursday, June 5, 2025
FinCurrency
No Result
View All Result
  • Home
  • News
  • Finance
  • Economy
  • Crypto
  • Home
  • News
  • Finance
  • Economy
  • Crypto
No Result
View All Result
FinCurrency
No Result
View All Result

Goatseus Maximus (GOAT) Enters Crypto’s Top-100: Buy Or Sell?

Sergio Gruber by Sergio Gruber
October 24, 2024
in Crypto, News
Reading Time: 3 mins read
A A
0
Goatseus Maximus (GOAT) Enters Crypto’s Top-100: Buy Or Sell?
0
SHARES
0
VIEWS
FacebookTweetPinShareShare

Goatseus Maximus (GOAT) has made a significant impact in the cryptocurrency arena, bursting into the top 100 cryptocurrencies by market capitalization. As of now, it holds the 81st position, showcasing a staggering 27% increase in the last 24 hours and an impressive 174% gain over the past week. With a market capitalization nearing $823 million, the $1 billion milestone seems attainable.

Recent Developments and Announcements

The remarkable price surge is largely attributed to a major announcement from the crypto exchange OKX, which stated its plans to list USDT-margined perpetual futures for Goatseus Maximus (GOAT) starting at 9:00 am UTC on October 24, 2024. Adding to the momentum, Binance announced the launch of a GOAT/USDT perpetual contract with up to 75x leverage at 21:30 UTC+8 on the same date.

blockdag 70m

The Origins of Goatseus Maximus

The genesis of GOAT can be traced back to March 2024 when developer Andy Ayrey introduced “The Infinite Backrooms,” an endless dialogue between two AI models. During these interactions, the concept of “GOATSE GNOSIS” was born—a meme inspired by the classic internet goats meme. This idea served as the cornerstone for the development of the Truth Terminal.

The Birth of the Truth Terminal

By June, Ayrey had successfully transformed content from these AI discussions into the Truth Terminal, an AI agent designed to engage with users and generate content on Twitter. Initially operating under the radar, the project gained substantial attention when venture capitalist Marc Andreessen made a generous donation of $50,000 in Bitcoin in July to aid its development. This contribution acted as a catalyst, propelling the project into the limelight of the crypto world.

The Rise of the GOAT Memecoin

The Truth Terminal continued to spread the “Goatse Gospel” across various platforms, eventually leading to the creation of the GOAT memecoin. The token rapidly gained traction, ascending to its current market capitalization. Presently, the Truth Terminal wallet holds 315 tokens, with SCOOP memecoin comprising the largest share at 51%, valued at over $6 million. GOAT memecoin is the second-largest holding, worth $1.5 million, followed by FARTCOIN, valued at $1.47 million, marking it as the first millionaire AI agent.

Controversies and Clarifications

Despite its rapid ascent, GOAT has not been without controversy. The token suffered a 50% drop amid suspicions that the Truth Terminal account might be controlled by a human rather than an AI. These doubts were triggered by a typo in one of its tweets, leading some to question the authenticity of its AI origins. Addressing these concerns, Andy Ayrey explained, “Such errors stem from the limitations of AI models. Large language models attempt to predict the next word, which can result in mistakes.” His clarification reassured the community about the project’s legitimacy.

Analyst Perspectives: Is GOAT A Buy Or Sell?

The crypto community remains divided on GOAT’s future trajectory. Crypto analyst Jake Pahor expressed 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 continue pumping to a $1 billion+ market cap and prove me wrong.”

On the other hand, analyst Astronomer (@astronomer_zero) has decided to cash in on his gains. “GOAT is up 4x in a few days; that’s it, I’m out!” he remarks. “I know it sounds controversial—‘don’t sell all, keep a moon bag’—but I was too heavily allocated to leave the open profit on the table. We bid $0.20 a few days ago; it was the bottom, and now we have the luxury to sell four times higher without much drawdown.” He further compares the scenario with PEPE, which experienced a similar sharp rise. “Wanted $1–$2 because PEPE topped out on its first leg at a comparable market cap. But I think we’ve held long enough, and I’m fine leaving the final potential 2x or 3x to the top snipers.”

Meanwhile, analyst cryptic (@crypticd22) remains bullish on GOAT’s prospects. “GOAT leads. It’s going to break $1 billion and likely do more,” he predicts. “A PEPE or Wif-type run could be on the cards here. Even if you’re not in GOAT, the wealth effect of this will mark the start of on-chain mania—in fact, it already has. GOAT will then consolidate. That’s when the rest of AI memes move. Maybe some will get front-run, but it will come. Patience.”

At press time, GOAT traded at $0.79.

Tags: AI MemecoinAI Memecoin GOATcryptocryptocurrencyGOATGOAT NewsGOAT PriceGoatseus MaximusGoatseus Maximus NewsGoatseus Maximus PriceMemecoins
Previous Post

$13 Million of Investor Funds Frozen in South Korea!

Next Post

Is Bitcoin Set to Reach a New All-Time High In 2-4 Weeks: Top Analyst Weighs In

Sergio Gruber

Sergio Gruber

Financial writer Hello, my name is Sergio Gruber and I am a finance editor with a specialization in blockchain and cryptocurrency. I have a deep understanding of how the financial world is being transformed by these exciting technologies.I received my degree in Finance Editing from Western Washington University, where I learned how to combine my passion for writing and financial analysis. Since then, I have worked with a number of high-profile publications, helping to educate and inform readers about the latest developments in the world of blockchain and cryptocurrency.

Next Post

Is Bitcoin Set to Reach a New All-Time High In 2-4 Weeks: Top Analyst Weighs In

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Popular News

  • How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    0 shares
    Share 0 Tweet 0
  • Top 10 Altcoins Under $1 to Invest in 2025

    0 shares
    Share 0 Tweet 0
  • Vanguard Routing Number: How to Find and Use It

    0 shares
    Share 0 Tweet 0
  • Alex Mashinsky Net Worth: From Tech Pioneer to Legal Battle

    0 shares
    Share 0 Tweet 0
  • How to Earn Passive Income? Embrace the Future of Passive Income and Earn 20% Instant USDT with Caged Beasts Coin

    0 shares
    Share 0 Tweet 0

Recent News

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025
FinCurrency Logo White Mode Retina Mobile

FinCurrency is a user-friendly platform that stands out as a unique source where our strong team of experienced and academically qualified writers, who are experts in their fields, analyze current issues and global affairs related to the finance and crypto world in an enjoyable and non-technical approach.

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025

WARNING:

The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.
Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

  • Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact

© 2024 FinCurrency - Global News

No Result
View All Result
  • Home
  • News
  • Economy
  • Finance
  • Crypto
  • Technology
  • Terms and Conditions
  • Contact

© 2024 FinCurrency - Global News

Banner 1
Banner 2
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms and Conditions.