According to BlockBeats, on October 16, according to CoinGecko data, the market value of Meme coin GOAT briefly exceeded US$270 million today and is now reported at US$238 million, setting a new historical high.

The single-day increase was approximately 100%, and the 24-hour total network trading volume reached US$136 million.

BlockBeats Note: Meme coins have large price fluctuations and have no real value, so investors should be cautious when participating.