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Cryptocurrency News Articles
South Korean Crypto Exchange Bithumb Adds the Truth Terminal Meme Coin, Goatseus Maximus, to Its Listings
Dec 17, 2024 at 05:38 pm
Trading support for GOAT and Korean won pairs begin on Dec. 17 at 04:00 UTC.
South Korean crypto exchange Bithumb has added the Goatseus Maximus meme coin (GOAT) to its Korean won market.
Trading support for GOAT/KRW pairs will be available on Dec. 17 at 04:00 UTC, according to a recent notice by Bithumb.
Deposit and withdrawal services for the Solana-based meme coin will be supported starting two hours after the notice was posted.
Moreover, buying and selling orders will be restricted within the first five minutes of trading.
GOAT was listed on the major crypto exchange OKX on Dec. 12.
After the listing announcement by OKX, the token saw a rise in value by 30%.
However, the same cannot be said about the meme coin’s Bithumb listing. Shortly after the notice was released, the token went up only slightly by nearly 4% before dropping by 1.16% a few hours later.
In fact, the meme coin has been going downhill by 0.9% in the past 24 hours of trading. This seemingly contradicts the general consensus, as most tokens experience a boost in value after major crypto exchanges announce their listings.
In Goatseus Maximus case, the token has barely moved by much since Bithumb’s listing. Over the past week, GOAT has gone up by 22% according to data from crypto.news. Meanwhile, in the past month, the token went down nearly 42%.
Most recently, GOAT was dethroned from the second rank among AI meme coins by FARTCOIN when its market cap slipped under the $700 million mark. At the time of writing, GOAT’s market cap has been restored to $709 million with a 24-hour trading volume of $452 million.
In the Bithumb notice, the exchange informed users that GOAT will be offered at a base price of 976 won or equal to $0.67. According to data from crypto.news, GOAT is currently trading hands at $0.71.
The Goatseus Maximus meme coin originates from a viral meme called Goatse. It was then promoted by an AI chatbot called Truth Terminal. It did not take long before the GOAT token was created on pump.fun, gaining a market cap of million shortly after its launch.
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