Goatseus Maximus ($GOAT) Price Touches New ATH High: Potential 10X Spike?

Bittime - Goatseus Maximus ($GOAT) Price Touches New ATH High: Potential 10X Spike?. The $GOAT coin has been an impressive performer in the cryptocurrency market.

In the latest data, $GOAT experienced a significant surge, rising by 51.3% in the last 24 hours and 144% over the week.

On Wednesday, at 03:30 UTC or 10:30 GMT, the price of $GOAT was trading at $0.667 per coin, only slightly below its peak of $0.7489.

Also read Magic Eden Launches TestME Coin, a Trial Version ME Token, on October 29!

AI GOAT Meme Coin Faces Challenges and Bounces Back

After experiencing a sharp decline due to concerns about human intervention on its AI platform, “Terminal of Truths,” the coin managed to bounce back with renewed vigor. The success of $GOAT was fueled by a listing on the world's largest exchange, Binance, which added to the coin's appeal in the market.

Currently, Goatseus Maximus is ranked 93rd with a market capitalization of around $765 million.

Can $GOAT Reach $1?

Source: CryptoProbe

The question is whether $GOAT is capable of reaching $1? Currently, after an initial surge, $GOAT is undergoing a retracement and is trading around $0.76, down 17% from its previous all-time high.

However, the coin has found support in the $0.70 to $0.72 range.

If $GOAT is able to maintain these levels, there is potential for it to return to the highs and possibly reach $1, which would mean a gain of about 31% from the current price.

Also read Is Bitcoin Overpriced Already? This Indicator Reveals the Facts!

What Will it Take for $GOAT to Reach $1?

To reach the $1 price, some of the key factors that need to be considered are:

1. Trading Volume

A rise in trading volume can indicate high interest from investors and push the price up.

2. Adherence to Price Support

Maintaining the support level at $0.70-$0.72 is crucial to prevent further declines.

3. Adoption and Acceptance

Increase the adoption of the coin among users as well as expand its utility in the crypto ecosystem.

Conclusion

Goatseus Maximus ($GOAT) has made significant strides by breaking into the top 100 cryptocurrency list after being listed on Binance.

Despite facing a short-term decline, maintaining the current support level could pave the way for a move towards $1. As an investor, always do in-depth research before making a decision.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Reference:

https://coinmarketcap.com/community/articles/671a6b894df39e7ee6c1ae7a/

https://news.bitcoin.com/id/koin-meme-kreasi-ai-goat-menentang-harapan-pasar-dengan-comeback-besar-besaran/