Goatseus Maximus approaches $1b market cap as GOAT pumps 20%

Goatseus Maximus is approaching a major milestone as its market cap approaches $1 billion.

This is due to a price increase of almost 19% in the last 24 hours. It was seen that the token value of the artificial intelligence-supported meme coin increased to $ 0.8726 at the time of writing.

GOAT hits all-time high

Goatseus Maximus (GOAT) displayed strong momentum across multiple time frames, with the 24-hour trading range ranging from $0.7313 to $0.9406.

The seven-day range shows a move from $0.4594 to $0.9228. The token reached an all-time high of $0.9406 on Sunday.

GOAT 24H price chart from CoinGecko

This represents a return of 1904.5% from the October 13 low of $0.04354. When the price of the token reached $0.9376 today, it reached the highest market cap of $937 million.

Its market value currently stands at $873.7 million. It has also made GOAT one of the fastest growing tokens in recent weeks.

How did Goatseus Maximus come into being?

Goatseus Maximus began as a collaboration between developer Andy Ayrey and Truth Terminal.

The project’s AI bot became trending on X, where it successfully built a strong community presence and engagement.

The token’s recent rise coincides with the broader strength of the crypto market. This happened as Bitcoin (BTC) reached its all-time high of $81,000.

While BTC’s market value increased to $1.6 trillion, the global crypto market value increased by 4.47% to $2.72 trillion.

Bitcoin’s impressive performance includes a daily gain of 6% and a weekly increase of 18.3%.

GOAT showed a weekly gain of 87.5%, driven by increased trading volume and continued market interest.

While the exact catalyst for GOAT’s price increase remains unclear, the token’s performance is in line with the overall market’s bullish sentiment, especially following Bitcoin’s recent price action.