GOAT has become a local phenomenon in the field of meme cryptocurrencies – it was supported by the AI bot “Truth Terminal” from the asset management company Andreesen Horowitz, and was also added to its platforms by the Gate, Crypto.com and HTX exchanges.
One of the traders made a profit of 3,360% on GOAT – he invested 603 SOL coins ($86,000) to buy 10.7 million GOAT, and at its peak these tokens were worth $3.75 million. He sold 0.7 million tokens for $222,000 , and keeps the remaining cryptocurrency in his wallet for now.
Another trader even increased his investment by 3,176 times:
“This guy sold all 15.15 million GOAT on October 15th and turned his 5 SOL ($727) into 15,883 SOL ($2.44 million) in just five days! He increased his capital by 3,176 times! Interestingly, he took the pseudonym ‘stupidmoney.sol’ (‘stupid money.sol’),” writes the Lookonchain service.
Well-known Altcoin analyst Sherpa believes that even from current positions, the growth potential of GOAT could be about 70%.
It was previously reported that the Tron network benefited significantly from the emergence of the SunPump platform for issuing memcoins.
Source: Bits

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