As a seasoned researcher with years of experience in the dynamic world of cryptocurrencies, I must admit that the recent listing of Goatseus Maximus (GOAT) on Bithumb has left me quite intrigued. The token’s performance after its debut on OKX showed a promising 30% rise, but its reaction to the Bithumb listing seems to buck the trend.
The cryptocurrency platform Bithumb from South Korea has included the meme token Truth Terminal (GOAT) in its offerings. From December 17, 4:00 UTC onwards, trading for GOAT and Korean Won pairs will be supported.
In a recent update, Bithumb has announced that Goatseus Maximus (GOAT) will debut on their Korean Won market from Dec. 17, 4:00 UTC onwards. Deposits and withdrawals for this popular Solana-based meme coin will become available two hours after the announcement was made. However, buying and selling orders will be temporarily restricted during the first five minutes of trading.
Earlier, the GOAT token was introduced on the significant cryptocurrency platform OKX on December 12th. Following its listing, the token’s value increased by approximately 30%. Unfortunately, the launch on the Bithumb exchange did not have a similar positive impact on the value of the meme coin.
Following the announcement, the token experienced a minimal increase of approximately 4%, but it subsequently dipped by 1.16% a couple of hours afterwards. It’s worth noting that over the last day, this meme coin has been on a downward trend, losing about 0.9%.
In contrast to what’s generally expected, where tokens often see an increase in value following significant cryptocurrency exchange listings, Goatseus Maximus token’s value has remained relatively unchanged after its listing on Bithumb.
Over the last seven days, GOAT has experienced a surge of approximately 22%, as reported by crypto.news. However, in the past month, the token has seen a decline of close to 42%. Notably, within the recent developments, GOAT was overtaken from its second position among AI meme coins by FARTCOIN when its market capitalization fell below $700 million.
Currently, the market capitalization of GOAT has been rebuilt to an impressive $709 million, and over the past 24 hours, its trading volume amounted to approximately $452 million.
In the recent Bithumb announcement, they disclosed that the cryptocurrency GOAT will be sold for approximately 976 Korean Won, which is equivalent to around $0.67. However, as per information from crypto.news, at present, GOAT is being traded at a price of about $0.71.
The Goatseus Maximus meme coin originated from a viral meme called Goatse. It was then promoted by an AI chatbot called Truth Terminal. It did not take long before the GOAT token was created on pump.fun, gaining a market cap of million shortly after its launch.
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2024-12-17 12:48