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

Goatseus Maximus is approaching a major milestone as its market capitalization nears $1 billion.

This is driven by an almost 19% price increase over the past 24 hours. The AI-powered meme coin has seen its token value surge to $0.8726 at press time.

GOAT hits new all-time high

Goatseus Maximus (GOAT) has demonstrated strong momentum across multiple timeframes, with its 24-hour trading range spanning from $0.7313 to $0.9406.

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

GOAT 24H price chart from CoinGecko

This shows a 1904.5% return from its October 13 low of $0.04354. The token reached a peak market capitalization of $937 million as its price touched $0.9376 today.

Currently, the market cap stands at $873.7 million. It has also made GOAT one of the fastest-growing tokens in recent weeks.

How did Goatseus Maximus originate?

Goatseus Maximus started from a collaboration between developer Andy Ayrey and Truth Terminal.

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

The token’s recent surge coincides with broader crypto market strength. This comes as Bitcoin (BTC) reached a new all-time high of $81,000.

BTC’s market capitalization has grown to $1.6 trillion, while the global crypto market cap increased by 4.47% to reach $2.72 trillion.

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

GOAT has shown a weekly gain of 87.5%, amid increased trading volume and sustained market interest.

While the exact catalyst for GOAT’s price surge remains unclear, the token’s performance aligns with the overall market’s bullish sentiment, particularly following Bitcoin’s recent price action.