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Cryptocurrency News Articles
GOAT (GRAIL) Token Skyrocketed by 270% Within a Week of Trading, what’s the progress?
Oct 18, 2024 at 08:10 pm
Arthur Hayes, former BitMEX CEO and crypto influencer Sighduck are turning heads with their involvement in GOAT, a meme coin based on the Solana blockchain.
Arthur Hayes, former BitMEX CEO, and crypto influencer Sighduck are known for their involvement in various crypto projects. Recently, they have been discussing GOAT, a meme coin on the Solana blockchain that has experienced a 270% surge within its first week of trading.
Arthur Hayes, former BitMEX CEO, and crypto influencer Sighduck are known for their involvement in various crypto projects. Recently, they have been discussing GOAT, a meme coin on the Solana blockchain that has experienced a 270% surge within its first week of trading.
According to Sighduck, major market maker Wintermute has acquired 1% of GOAT's supply, sparking rumors of an impending listing on centralized exchanges. However, some early investors have begun cashing out their positions following the coin's meteoric rise in price action.
According to Sighduck, major market maker Wintermute has acquired 1% of GOAT's supply, sparking rumors of an impending listing on centralized exchanges. However, some early investors have begun cashing out their positions following the coin's meteoric rise in price action.
Launched on the Solana blockchain, GOAT has quickly become one of the most talked-about tokens in the market. Its price soared from under $0.02 to $0.386 in a matter of days. Hayes shared his enthusiasm about the project after learning about GOAT's AI-powered promotion, stating that he “immediately aped in.”
Launched on the Solana blockchain, GOAT has quickly become one of the most talked-about tokens in the market. Its price soared from under $0.02 to $0.386 in a matter of days. Hayes shared his enthusiasm about the project after learning about GOAT's AI-powered promotion, stating that he “immediately aped in.”
When I read about the AI that launched its own memecoin and religion I immediacy aped in. $GOAT pic.twitter.com/UlduBlzxU2
When I read about the AI that launched its own memecoin and religion I immediacy aped in. $GOAT pic.twitter.com/UlduBlzxU2
Sighduck also highlighted Wintermute's involvement, noting that the firm is now the third-largest holder of GOAT, with 1% of the token's total supply in its possession. He anticipates that a listing on major exchanges could be on the horizon, which would significantly enhance the coin's liquidity and market visibility.
Sighduck also highlighted Wintermute's involvement, noting that the firm is now the third-largest holder of GOAT, with 1% of the token's total supply in its possession. He anticipates that a listing on major exchanges could be on the horizon, which would significantly enhance the coin's liquidity and market visibility.
The explosive price surge has enabled some traders to secure substantial profits. One prominent trader, identified by Lookonchain, gradually sold off a portion of their holdings, securing $1.1 million in profit while still retaining $413,000 worth of GOAT in their wallet.
The explosive price surge has enabled some traders to secure substantial profits. One prominent trader, identified by Lookonchain, gradually sold off a portion of their holdings, securing $1.1 million in profit while still retaining $413,000 worth of GOAT in their wallet.
AI Drives Social Media Hype for GOAT
AI Drives Social Media Hype for GOAT
GOAT's rise has been fueled by an AI bot called “Terminal of Truths,” developed by researcher Andy Ayrey. This AI, which became obsessed with early internet memes—particularly those featuring goats—has been relentlessly promoting the concept of a “GOAT singularity” on social media platform X.
GOAT's rise has been fueled by an AI bot called “Terminal of Truths,” developed by researcher Andy Ayrey. This AI, which became obsessed with early internet memes—particularly those featuring goats—has been relentlessly promoting the concept of a “GOAT singularity” on social media platform X.
The AI's constant promotion helped drive viral interest in the token. GOAT's market cap exploded to $357 million as Terminal of Truths continued to flood social media with posts.
The AI's constant promotion helped drive viral interest in the token. GOAT's market cap exploded to $357 million as Terminal of Truths continued to flood social media with posts.
What's Next for GOAT?
What's Next for GOAT?
Although the initial frenzy around GOAT has cooled slightly, the token remains strong, posting an 18.7% gain in the past 24 hours to trade at $0.3571. With $162 million in spot trading volume, GOAT remains one of the most actively traded coins in recent days, keeping the market's attention focused on its next move.
Although the initial frenzy around GOAT has cooled slightly, the token remains strong, posting an 18.7% gain in the past 24 hours to trade at $0.3571. With $162 million in spot trading volume, GOAT remains one of the most actively traded coins in recent days, keeping the market's attention focused on its next move.
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The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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- Rahul calls for real women empowerment
- Oct 19, 2024 at 02:15 am
- ct 18 (UNI) Leader of the Opposition in Lok Sabha Rahul Gandhi on Friday called for real empowerment of women and not mere token representation. He was addressing the meeting of ‘Shakti Abhiyan’, a movement launched by the Indira Fellowship for women empowerment in the country. Participants from 21 states, who were top performers in their respective fields, and who committed to tackling the deep challenges of patriarchy facing women at the grassroots level, participated in today’s deliberations. Addressing the meeting, Rahul emphasised that the struggle in politics today was not just against the traditional opposition parties, but a broader “ideological battle”. He said, "Our fight in politics today is not just for power, but also for representation and they are two sides of the same coin, not as different as some people think." Rahul lauded the bold efforts of the Shakti Abhiyan, which is providing space for women to lead, organize and reshape political discourse in their communities. Shakti Abhiyan, run by Indira Fellowship, is a national initiative aimed at ensuring equal representation of women in Indian politics. The demands of the Shakti Abhiyan include, “Equal Political Representation”, to ensure 50% representation of women in elected offices at all levels. The participants in the session shared their on-the-ground experiences and discussed the challenges of social resistance, lack of resources and patriarchy in the political framework. The national executive meeting of Shakti Abhiyan will continue for the next two days, in which future action strategies will be discussed to expand the movement and strengthen the political participation of women in India. UNI RBE BM