Analysis
Whale Spent $2.5 Million to Buy GOAT as Experts Eye 10X Growth
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.
Many at the moment are speculating whether or not it might surpass established meme cash like Dogecoin (DOGE) or Shiba Inu (SHIB).
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