Connect with us

Analysis

Whale Spent $2.5 Million to Buy GOAT as Experts Eye 10X Growth

Published

on

Credit : coinpedia.org

Amid the continued cryptocurrency market battle, the lately launched meme coin Goatseus Maximus (GOAT) has been making waves with its spectacular efficiency. Along with the efficiency, its reputation amongst whales and buyers has elevated considerably, resulting in a exceptional accumulation in current days.

Whales’ Massive Guess on GOAT

On October 21, 2024, a blockchain-based transaction tracker Lookonchain posted on

Based on the information, the whale has up to now spent 10,313 SOL, price $1.72 million, to amass 4.5 million GOAT cash at a median value of $0.383, leaving 4,096 SOL within the pockets. Given the coin’s rising reputation, it appears possible that the acquisition will proceed.

GOAT might do 10x, says Arthur Hayes

Along with the whales accumulation, Arthur Hayes, a well-liked crypto character and co-founder of BitMEX, lately posted on X that GOAT has the potential to achieve 10X within the coming days. In his publish, Hayes talked about that famous monetary influencer and Bloomberg contributor Matt Levine referenced GOAT in his current report.

Hayes additional added that the final time Matt talked about the WIF meme coin in his report, it triggered a 10x rally within the value.

GOAT’s present value momentum

On the time of writing, GOAT is buying and selling round $0.41 and has skilled a value drop of over 2% within the final 24 hours. Throughout the identical interval, buying and selling quantity fell by 53%, indicating decrease participation from merchants and buyers in comparison with earlier days.

This AI-generated meme coin has seen exceptional social and buying and selling quantity, which has been steadily rising, in line with knowledge from on-chain analytics firm Santiment. The info reveals a major acquire of 190% prior to now week, underscoring its future potential.

READ  Will Institutional Buying Push BTC Price USD to New Highs?

Many at the moment are speculating whether or not it might surpass established meme cash like Dogecoin (DOGE) or Shiba Inu (SHIB).

Adoption

Adoption1 day ago

Bitcoin faces shaky support as institutional buying wanes

Credit : cryptoslate.com For many of 2025, Bitcoin’s backside appeared immovable, supported by an unlikely alliance of company bonds and...

Adoption3 days ago

Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

Credit : cryptoslate.com For the primary time, a sitting US Treasury Secretary has described Bitcoin as greater than only a...

Adoption3 days ago

Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve

Credit : cryptoslate.com Steak n Shake simply made quick meals and Bitcoin historical past. On White Paper Day, the 91-year-old...

Adoption4 days ago

Why exchange channels break a favorite Bitcoin metric

Credit : cryptoslate.com The Bitcoin Lightning Community was as soon as the crown jewel of Bitcoin’s scaling story, a dwelling...

Adoption5 days ago

Has Mastercard accepted the inevitability of crypto? Spends $2B on tokenization platform

Credit : cryptoslate.com Mastercard may quickly make a major funding to completely enter the crypto house. Based on ReutersThe corporate...

Adoption5 days ago

MetaMask advances towards a unified crypto wallet by adding Bitcoin

Credit : cryptoslate.com For years, MetaMask was the default gateway to Ethereum, the browser extension that turned “join pockets” into...

Adoption5 days ago

Why you should put all your crypto eggs in one basket

Credit : cryptoslate.com For years, MetaMask was the default gateway to Ethereum, the browser extension that turned “join pockets” into...

Adoption6 days ago

France and Germany Move Toward National Bitcoin Reserves

Credit : cryptoslate.com For many years, European wealth was measured in gold and bonds. Now two of the most important...

Trending