Goatseus Maximus is on the verge of hitting a major milestone as its market capitalization gets closer to the $1 billion mark. This achievement is fueled by a significant price surge of nearly 19% in the last 24 hours, pushing the value of the AI-powered meme coin to $0.8726 as of now.
The price chart for GOAT over the past 24 hours shows a trading range of $0.7313 to $0.9406, indicating strong momentum across different timeframes. Over the course of seven days, the token has moved from $0.4594 to $0.9228, reaching an all-time high of $0.9406 on Sunday.
This remarkable performance represents a staggering 1904.5% return from its low point of $0.04354 on October 13. Today, GOAT touched $0.9376, resulting in a peak market capitalization of $937 million. Currently, the market cap stands at $873.7 million, solidifying GOAT’s position as one of the fastest-growing tokens in recent weeks.
The origin of Goatseus Maximus can be traced back to a collaboration between developer Andy Ayrey and Truth Terminal. The project’s AI bot has gained popularity on X, establishing a strong community presence and engagement. The recent surge in the token’s value coincides with the overall strength of the cryptocurrency market, with Bitcoin reaching a new all-time high of $81,000.
Bitcoin’s market capitalization has now surpassed $1.6 trillion, contributing to a 4.47% increase in the global crypto market cap, which now stands at $2.72 trillion. BTC has demonstrated impressive performance with a 6% daily gain and an 18.3% weekly increase. In comparison, GOAT has shown a weekly gain of 87.5%, driven by higher trading volume and sustained market interest.
Although the specific reason behind GOAT’s price surge remains unclear, its performance aligns with the optimistic sentiment prevailing in the overall market, especially following Bitcoin’s recent price movements. This upward trend signals a positive outlook for Goatseus Maximus and reflects the growing popularity of AI-powered meme coins in the crypto space.