According to BlockBeats, on October 23, the market capitalization of GOAT has surpassed $500 million, currently standing at $515 million, marking a historic high. Additionally, the 24-hour trading volume for GOAT has reached $129 million.

Previously, the founder of a16z commented on the emergence of GOAT, describing it as the 'first true integration of artificial intelligence and cryptocurrency.'

BlockBeats reminds users that meme coins currently lack practical use cases and are subject to significant price volatility, advising caution in investments.