Solana’s meme coin, Goatseus Maximus (GOAT), experienced a massive price surge of nearly 135% after Crypto.com announced plans to begin trading the token.
The listing on this popular exchange has sparked excitement across the crypto market, with many speculating on whether this momentum will continue.
Goatseus Maximus Gains Market Optimism
On October 16, Crypto.com officially confirmed via X (formerly Twitter) that it will list Goatseus Maximus. This means users can trade the meme coin with USD, EUR, and over 20 other fiat currencies on the platform. The announcement created a wave of optimism, with traders eagerly awaiting the token’s next move
This enthusiasm follows recent reports of significant gains made by traders. One notable case involved a trader turning $727 into a $2.42 million profit in just four days by investing in Goatseus Maximus. Despite the buzz, prominent venture capitalist Marc Andreessen clarified that he is not involved with the meme coin, dispelling rumors of his connection.
Goatseus Maximus Price Rally
At the time of writing, Goatseus Maximus is trading at $0.2634, with a remarkable 135% price increase. The token’s daily low was $0.09803, while its peak hit $0.33. The 24-hour trading volume also spiked by 170%, showing strong market interest following the listing.
Meanwhile, Lookonchain reported that a trader who sold their holdings for $1.1K just five days ago could have seen that investment turn into over $5 million today. The coin’s volatility and potential for rapid gains have caught the attention of many traders.
