Goatseus Maximus is approaching a major milestone: its market capitalization is approaching $1 billion.
This is due to a price increase of almost 19% over the past 24 hours. At the time of publication, the value of the artificial intelligence-based meme coin had risen to $0.8726.
GOAT hits new all-time high
Goatseus Maximus (GOAT) has shown strong momentum across multiple timeframes, with its 24-hour trading range stretching from $0.7313 to $0.9406.
The seven-day range shows a move from $0.4594 to $0.9228. On Sunday, the token reached its all-time high of $0.9406.
This shows a return of 1904.5% from the October 13 low of $0.04354. The token reached a peak market capitalization of $937 million and its price reached $0.9376 today.
The market cap currently stands at $873.7 million, which has also made GOAT one of the fastest-growing tokens in recent weeks.
How did Kozeley Maximus appear?
Goatseus Maximus began as a collaboration between developer Andy Airey and Truth Terminal.
The project’s AI bot is popular on X, where it has successfully gained widespread presence and engagement in the community.
The token’s recent rise in popularity coincides with the growing strength of the crypto market. This comes as Bitcoin (BTC) hit a new all-time high of $81,000.
BTC’s market capitalization rose to $1.6 trillion, and the global cryptocurrency market capitalization increased by 4.47% to reach $2.72 trillion.
Bitcoin’s impressive performance includes a daily gain of 6% and a weekly gain of 18.3%.
GOAT posted a weekly gain of 87.5% on the back of increased trading volume and sustained market interest.
While the exact catalyst for GOAT’s price rise remains unclear, the token’s performance is consistent with bullish sentiment across the market, especially following Bitcoin’s recent price action.
