Goatius Maximus, the self-proclaimed first ‘AI meme coin,’ has exploded onto the crypto market this week, but amid a jaw-dropping +12,000% surge, where will the new GOAT meme coin head next?
As humanity continues to grapple with the emergence of AI technology, things are getting pretty weird, from deep-fake AI videos of politicians spreading like wildfire on X to top auction houses banking $432,000 for AI-painted portraits.
But now things are getting serious after the crypto community has been swept by the self-proclaimed first AI-made, and AI-pumped meme coin – which has netted early investors a shocking +12,000% gain
Ive had some fumbles in crypto, but this is the worst one yet. Had 11.3 million $goat at 20k Market cap. Sold it for $800 at 100k mc.
Its now at 120 million market cap.
3 days later my bag would be worth 1.3 million dollars. Im broke. This absolutely hurts.
My wallet address:… pic.twitter.com/iILN6tjxsD— Dubl07 (@Dubl_07) October 14, 2024
What is Goatius Maximus? Was This Meme Coin Really Made by AI?
Built by Andy Ayrey, Goatius Maximus is the product of a semi-autonomous artificial intelligence bot named ‘Truth Terminal‘ – at least ostensibly.
However, it has since been clarified by Ayrey that the bot itself didn’t make the token; it was simply tagged by the original creator in an X post – and quickly moved to endorse the coin.
It didn't actually make it
Someone else did and tagged ToT which then endorsed it
Ppl have been airdropping it $GOAT and making coins about my dog and all sorts of other stuff which is insane
But it's important to remember I think; that this isn't a crypto project; it's a…— Andy Ayrey (@AndyAyrey) October 13, 2024
The GOAT token was first launched on Solana’s Pump.Fun platform back on October 10th by a human creator.
This isn’t the first time a meme coin has been ‘made by AI’, although GOAT is by far the most successful, the true claimant to the throne hit markets last year via a coin named Astro Pepe X (APX) – with a brief period of growth fuelled by a novel AI-powered meme coin maker and the community rallying call ‘the dev is AI’.
GOAT Price Analysis: How High Will GOAT Meme Coin Fly This Week?
Standing strong as the hot #2 token on DEXtools, Goatius Maximus is currently trading at a market price of $0.276 (representing a 24-hour change of -1.8%).
Now at a market cap of $279M, GOAT price remains trading within the impressive technical structure, retaining a strong ascendant trading channel over the last 6 days.
With a jaw-dropping +569,504% gain over the course of the week, over the last 24-hours GOAT’s hodl bank has mounted a well-defended support at the $0.2375 price level.
In the short time frame, this appears to be setting the stage for a bounce in continuation with the seemingly well-established trading channel, especially as the RSI indicator has shifted from overbought to neutral in the past 6-hours at a current reading of 53.76.
If this happens, the GOAT price will likely rise over the next 24 hours to a new all-time high above the current ATH of $0.377.
And with Goatius Maximus seemingly showing no signs of slowing down, as proven by the 60% buy-pressure in the order book over the last six hours, there are very solid reasons to be optimistic about this token’s future growth potential.
Backed by a strong liquidity pool, which stands at $5.4M, there is every chance that GOAT could continue the journey of many anamorphic-token predecessors, such as POPCAT, to double in price from here.
Yet, a 2x return may not deliver the life-changing gains that many investors seek, especially given GOAT’s already significant market cap. Doubling its current value would require a substantial $250 million capital inflow, making such gains less accessible.
Pepe Unchained Hits $20M in Presale, Eyes $1Bn with New Developer Fund
But while GOAT has been stealing the headlines, the real alpha surrounds a new meme coin layer-2 called Pepe Unchained after smart money whales rushed into the PEPU presale – fuelling it past a gigantic $20M raised.
The dramatic influx of capital is due to a major announcement about ecosystem growth. On Thursday, the 17th, Pepe Unchained began accepting applications for its highly anticipated developer grants fund, ‘Frens With Benefits.’
These grants are already attracting the best meme coin developers in the space to bring their ideas to life using Pepe Unchained’s technology, which promises faster and cheaper transactions than Ethereum.
If its ecosystem flourishes, the PEPU token will be spotlighted as the star of the show, with the new dApps on its L2 serving as a demand driver for its 8 billion tokens.
The substantial amount of funds—roughly $15 million, or about 75% of all raised funds—locked in its high-APY staking protocol ensures strong backing and investor confidence.
This sets the stage for a huge pump for PEPU’s market debut, and you won’t want to miss out, so stay current by engaging with the Pepe Unchained community on X and Telegram.
And remember, the biggest profits in the meme coin game aren’t made by chasing the winners, but by getting ahead of the pumps.
Find Out More About Pepe Unchained Here
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