CandleFocus

Inside GOAT’s Wild Market Ride: What’s Driving This AI-Meme Coin Craze?

The meme coin GOAT, which is driven by artificial intelligence, has achieved a market valuation of $418 million after gaining over 36% against the US dollar. It reached an all-time high of $0.461 per coin before slightly dipping. GOAT was created by a semi-autonomous AI called Truth Terminal and has a circulating supply of 999 million coins. The top 10 wallets hold a significant portion of the total supply, with the largest wallet holding 1.34%. However, the value of GOAT is susceptible to market whims and risks due to its AI origins and meme status.

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