Date: Fri, Oct 18, 2024, 10:30 AM GMT
In the world of memecoins, Goatseus Maximus (GOAT) is making headlines after launching on October 10. The token has jumped by more than 15% today and achieved an impressive 250% rally over the past seven days, attracting significant attention from both whales and retail traders.
Whale Activity
Lookonchain, a blockchain monitoring platform, revealed that whale activity has played a major role in the recent surge. According to the report, a whale withdrew 4 million USDC from Binance about 20 hours ago and started purchasing GOAT using two wallets.
- Total spent so far: 3.07 million USDC
- GOAT purchased: 10.09 million tokens at an average price of $0.3045
- USDC remaining: 0.93 million
The whale’s buying spree seems to be ongoing, which has fueled optimism around the token.
Rising Holder Count
The excitement isn’t limited to whales. Retail investors are also piling in, with the number of holders skyrocketing from 12,324 to 24,077 in just 48 hours. This growing interest is helping GOAT maintain its upward momentum and strengthen its market position.
As of now, GOAT is trading at $0.3472, with a market cap of $347 million, continuing to make higher highs with each new rally.
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