As a seasoned researcher with a penchant for deciphering the cryptic world of digital assets, I find myself intrigued by the latest development surrounding GOAT, the viral meme coin listed on OKX. Having closely observed the crypto market’s volatility over the years, I can confidently say that this 28.8% price surge within a day is a testament to the power of community hype and exchange listings.
On December 12 at 10:00 UTC, OKX plans to add the popular meme coin GOAT, based on Solana, for immediate trading on their platform. This announcement was followed by a surge in the token’s value, with its price increasing by 28.8%.
On December 12th, one of the major cryptocurrency exchanges by trade volume, OKX, has revealed plans to list the well-known meme coin Goatseus Maximus (GOAT). Deposits for this token will start at 6:00 UTC, and spot trading for pairs like GOAT/USDT will commence at 10:00 UTC. Withdrawals of GOAT can be initiated from 14:00 UTC onwards.
Following the announcement, there was a surge in the value of the Goatseus Maximus token. As per crypto.news’s records, GOAT experienced an astounding 28.8% increase over the last day. Currently, it is being exchanged at $0.83. Over the past week, its price has climbed by a substantial 9.47%.
GOAT currently ranks 21st in the list of top meme coins by market capitalization, with a total value of approximately $809 million. Over the past day, its token has traded a volume of around $492 million. The circulating supply of this token exceeds 999 million units.
During the initial five minutes following the start of trading, OKX has announced they will limit market orders in an effort to shield traders from extreme price fluctuations. Each individual order can only reach a maximum value of $10,000.
As a researcher, I’ve learned that a call auction system for the token GOAT has been announced by the crypto exchange. This event is set to occur on December 12, from 9:00 UTC to 10:00 UTC. This call auction mechanism provides users with an opportunity to submit their buy and sell orders at preferred prices, based on trading parameters, before the official launch of the trading pair.
During the start of trading, OKX will display the initial price suggested by the project team. However, this price is just for reference and doesn’t affect the actual opening price determined by the call auction system or future trading prices. The trading system calculates its opening price using submissions and call auction rules.
Goatseus Maximus emerged from an idea conceived by Truth Terminal, an AI chatbot developed by Andy Ayrey. This chatbot operates independently to a certain extent, with human moderators overseeing its X-rated posts. Within one of these self-conversations, GOAT was born. Subsequently, the GOAT token was established on pump.fun. The market value of GOAT skyrocketed following its creation.
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2024-12-12 12:24