GOAT Whale Makes GOAT Price Shake: $5.4 Million Funds In!

Bittime - Goatseus Maximus whale makes GOAT prices skyrocket. Why could this happen? Check out the complete review of this AI-based memecoin, OK!

The price of this coin suddenly skyrocketed after a "whale" or large investor moved equivalent funds $5.4 million into the GOAT ecosystem. This whale's action succeeded in shaking up the market, attracting the attention of more traders, and adding to the heat of speculation around this viral coin.

About Goatseus Maximus (GOAT)

Goatseus Maximus ($GOAT) is a memecoin built on the Solana blockchain and designed by Andy Ayrey. Uniquely, this coin is driven by an AI called Terminal of Truths who created a loyal community with their signature humor, known as "Goat Gospel."

Since its launch, GOAT has not only attracted attention because of its meme feel. However, this AI memecoin is also due to solid project execution. 

After getting listings on several major platforms such as Bybit And Woo, even with the futures trading feature, GOAT prices shot up quickly. Trading volume reached $384 million in just one day, proving the extraordinary market enthusiasm.

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Whale Action Triggers Price Increase

Whale action in the crypto ecosystem is nothing new, but this time the impact was significant for GOAT. A whale decides to move $5.4 million funds from Solana to GOAT. 

$3.39 million of which are directly invested in this coin. This action was successful in encouraging investor interest and caused the coin price to rise more than 50% in just a few days.

This coin even recorded a record high price in $0,6794, up from the lowest point $0,045 in just a week. GOAT's market value also increased, jumping from $48 million be around $668 million. 

This illustrates how whale actions can accelerate the growth of crypto asset values ​​in a short time.

Impact of Listing on Binance and Potential Upside

Another big piece of news came from the announcement that Binance would be adding GOAT to their futures market. After this announcement, the price of GOAT soared $0,88 before finally being corrected slightly to $0,85. 

Trading volume also set a new record of $434.88 million, indicating high market interest in this coin.

This announcement not only brings new traders to the GOAT ecosystem, but also opens up opportunities for traders to use up to leverage 75x in futures trading. This increases market engagement and creates additional momentum to drive prices higher.

Besides that, Open Interest (OI) – an indicator that measures open market interest – for GOAT increased by 272% in the last 24 hours, reach $13.82 million. This indicates strong momentum that could still push the price higher, especially if interest and trading volume continues to increase.

GOAT Price Prediction: Correction Before Rising Again?

On the 4-hour chart, GOAT was corrected from $0,88 the $0,78, which probably happened because this coin was experiencing an overbought condition (bought too much). Indicator Bollinger Bands (BB) indicates that GOAT price has reached its upper limit, signaling increased volatility and a signal of a potential temporary decline.

However, this correction could be an opportunity for traders who want to enter at lower prices. If the price drops to $0,70 – 23.6% pullback point according to technical analysis – the market could see a price bounce that pushes GOAT back up. 

With market volume and interest continuing to grow, prices could break through $1, maybe even reach $1,25 if momentum is maintained.

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Conclusion

Whale action is as big as $5.4 million to Goatseus Maximus (GOAT) has created huge momentum for this coin in the market. With support from listings on large platforms such as Binance and increased futures trading activity, the potential for price increases is still wide open. 

While volatility remains a risk, the momentum brought by whale action and high community interest makes GOAT a coin worth watching.

A small correction could be an opportunity to enter, but volatility should still be anticipated. If the positive trend continues, $GOAT could become one of the stars among AI memecoins and may reach a price milestone soon $1.

So, are you ready to join the GOAT game and seize opportunities amidst these price fluctuations?

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