Is Goatseus Maximus Falling? GOAT Dangerously Close to $1 on Day 10% Drop
Newbie meme coin Goatseus Maximus ($GOAT) is perilously near to $1 after falling 9% in 24 hours.
$GOAT is at $1.01, therefore it risks losing the psychologically essential dollar footing. However, the month-old cryptocurrency is risen 240% in 30 days and has a $1.01 billion market valuation.
The 24-hour trading volume of $GOAT is staggering $382 million.
Today, the token trades against its sector. Meme coins gained 2% overnight and represent $126 billion of crypto's $3.2 trillion market valuation.
Dogecoin ($DOGE) rose 7% yesterday and 8.4% from Tuesday to $3.11.
Pepe (
$PEPE ), the biggest non-canine meme currency, is down 5% today but up 56.4% this week.
Goatseus Maximus—The $GOAT?
Mid-October saw Goatseus Maximus trade. The meme is named by goat meme-obsessed sh*tposting X bot the Terminal of Truths' AI-generated tweets.
The bot was created by AI autonomy and cultural interaction researcher Andy Ayrey. Marc Andreessen of silicon valley investment company Andreessen Horowitz (a16z) gave $50,000 in Bitcoin ($BTC) to assist the bot in July, possibly for Goatseus Maximus joke currency development.
Since then, $GOAT has risen. An all-time high (ATH) of $1.36 was reached on November 17, but a selloff the following day has knocked it down 24%.
RSI for Goatseus Maximus is 40 and decreasing. Once this reaches 30, the token will be oversold and cheap, thus dip-buying might help it recover.
#GOAT #PEPE #SHIB $PEPE