The AI meme coin meta is thriving, with Goateus Maximus (GOAT crypto) reaching a $500M market cap.
But what does the future hold for AI-created meme coins?
Recently, the meme coin markets have seen a massive pivot from traditional ‘supercycle’ meme coins, as predicted by Murad Mahmudov, towards AI meme coins.
This new trend includes meme coins endorsed by popular AI platforms like Truth Terminal and those created by AI, such as AstroPepeX (APEX).
While many AI meme coins have exploded in popularity, from the loveable Koala AI to the more crude ‘FartCoin’, nothing has come close to the top-spot token that catalyzed the narrative—Goateus Maximus (GOAT crypto).
And now, despite the controversy surrounding how real these coins are, after a strong push over the last week, Goateus Maximus is cementing its status, having hammered above a momentous $500M market capitalization.
GOAT Price Analysis: Will Goateus Maximus Keep Climbing After $500M Market Cap?
As GOAT’s market cap continues to climb, now at $680M, Goateus Maximus is currently trading at a market price of $0.67 (representing a 24-hour change of -6.75%).
The small localized retracement move comes as the GOAT price recoils 25% from a new all-time high of $0.90, established on October 24.
However, despite the dip, which could represent a good entry-point for sidelined investors, GOAT price action is catching strong support above $0.60.
Investor confidence is further bolstered by this price level’s intertwining with the 20DMA, which, while creating a degree of resistance at $0.68, looks set to soon flip to supportive underfoot.
This is likely to poise the GOAT price for its next major leg, with bulls targeting a crack at the critical $1 mark over the weekend (a possible +46% move). Consolidation above $0.60 has now successfully cooled the RSI to an oversold signal at 48.
Yet, while Goateus Maximus holders await a tightening of the Bollinger bands (indicative of the next break high), bears are cautious. The downside risk from here threatens a drop to $0.37 (a possible 45% drop).
These targets, therefore, reveal that while technically bullish, GOAT price has a risk: reward of 1.01 – a relatively knife-edge trade with modest allure. For a further deep-dive analysis of Goatius Maximus, check out our video below!
Pepe Unchained Set For Rockstar Weekend Returns As It Teases $22.5M Breakthrough
Meanwhile, smart money investors are eagerly watching the presale for a new meme coin layer-2 blockchain named Pepe Unchained, which is currently on the verge of smashing a jaw-dropping $22.5M raised.
Fresh off its recent $20 million milestone, the rapidly rising meme coin has attracted over $2.5 million in new contributions in just the past week.
Currently on sale at a tasty $0.01178 per token, interested participants are advised to secure their bags as less than 48 hours remain before the next funding stage raises the price.
Aimed at meme coin developers, this soon-to-launch high-speed Layer-2 blockchain is designed from the ground up to enable meme coins to be built and deployed at rapid speed.
In other words, you can think of Pepe Unchained as Shibarium for PEPE.
Better yet? To stimulate initial growth, the Pepe Unchained development team has launched a grant fund to fuel astronomical growth as they back the best developers in the meme coin space with multi-million funding to BUIDL.
Investing in the $PEPU presale using Ethereum, USDT, or a simple VISA card can instantly stake your $PEPU presale tokens for an additional market-beating 102% APY.
Stay current by engaging with the Pepe Unchained community on X and Telegram.
Find Out More About Pepe Unchained Here
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