$GOAT vs. MOODENG: Market volatility and capital push

$GOAT's market performance is not just an isolated phenomenon. It has obvious similarities with the previously popular $MOODENG. $MOODENG rose to a market value of $300 million within two weeks in September, while $GOAT reached the same height in just one week. However, $MOODENG's market popularity did not last long. Its market value only lasted for two days before it began to fall rapidly. Its current market value has fallen back to $90 million.

In contrast, $GOAT's performance is more intense, and the market driving force seems to be stronger. Especially on the night of October 15, BTC experienced a huge shock. Bitcoin fell from a high of $68,000 to a low of $64,800 in one hour. The market experienced a huge shock, but $GOAT's market value quickly rebounded from $100 million to $200 million, and then broke through $300 million. $GOAT not only demonstrated a stronger short-term rising ability than MOODENG, but also reflected the huge volatility of the market driven by whale funds.

This rapid rise is not accidental, but the concentrated inflow of funds on the chain has driven the violent fluctuations in the market. The whale's capital allocation is intertwined with the market narrative of AI, causing the price of $GOAT to fluctuate greatly in a short period of time. Compared with the slow decline of MOODENG, the financial power behind $GOAT is obviously more planned, and the market fluctuations are more violent.

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