GOAT memecoin soars 16 as Goatseus Maximus outlook revised by analyst

A cryptocurrency analyst and trader recently outlined the path forward for the memecoin in a technical analysis
Goatseus Maximus (GOAT)
. The cryptocurrency Goatseus Maximus (GOAT) has been attracting attention in the digital asset market after its price exploded.
Cryptocurrency analyst Sherpa noted that the GOAT will be “interesting to watch” after the
launch
of the memecoin perpetual contract on the largest cryptocurrency exchange on the market, Binance, this week.
“$GOAT : Binance futures will make this interesting to watch. Still on my bearish side but I think 1B fdv should come. Still bullish on this sector for now.”
wrote
.
The trader added, stating: “If you’ve been in this since before, I think it’s probably smart to take some profits from the Binance futures listing. It should create a lot of volatility and I think there are a lot of unknowns with that.”
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At the time of publication, the Goatseus Maximus (GOAT) price is trading at $0,7869 with a 15.9% increase in the last 24 hours. In its weekly development, the cryptocurrency has registered an impressive 81.2% increase in the last seven days.
It is worth noting that the recent
frenzy around the GOAT token
, a memecoin, is fueling a parallel movement in the artificial intelligence (AI) space. The token’s impressive valuation, which has surged 65.000x from its initial price in less than a week, has prompted investors to explore a range of Twitter bots and derivative tokens.
Altcoin Solana (GOAT) Could Surge Another 130%, Analyst Suggests
An influential cryptocurrency market analyst, who prefers to keep his pseudonym, Altcoin Sherpa, projects a
promising future for memecoin Goatseus Maximus (GOAT)
, linked to the Solana blockchain. According to him, the crypto, which has already surprised with an appreciation of over 400% in the last week, has room to advance even further. With 225.300 attentive followers on a well-known social network, Sherpa shared his optimistic analysis.
“GOAT: $500 million [market cap] in my opinion. I’m still holding a big bag of this and will consider taking a little profit there,” the analyst said.
With a market capitalization that already reaches US$ 794.115.978, GOAT is among the most notable cryptocurrency projects, occupying the 95th position in the global ranking.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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