In a significant boost for the meme coin community, GOAT (Goatseus Maximus) saw a near 30% surge in its price just hours after being listed for spot trading on the OKX exchange on December 12, 2024, at 10:00 UTC.
This listing comes as OKX, one of the largest crypto exchanges by trading volume, recognizes the viral appeal of this Solana-based meme token. Deposits for GOAT opened at 6:00 UTC, and spot trading for GOAT/USDT pairs commenced at 10:00 UTC, with withdrawals available from 14:00 UTC.
At the time of writing, Goatseus Maximus price shot up around 15.60% from the past 24 hours, currently standing at $0.7752 while trading volume skyrocketed by 30.70% in the past 24-hours. This increase comes amid a broader meme coin market surge, as traders and investors rush to capitalize on its newfound accessibility through OKX.
The token holds a market cap of $776.94M. Its 24-hour trading volume stands at $515.03M, with a circulating supply of around 999.99M $GOAT tokens.
OKX’s listing of Goatseus Maximus is accompanied by a call auction system, set on December 12 from 9:00 UTC to 10:00 UTC. This mechanism allows users to submit buy and sell orders at their preferred prices, based on specified trading parameters. At the end of the call auction, OKX will determine the opening price for Goatseus Maximus trading using the information submitted. The project team’s initial opening price is intended for reference only and will not impact the official opening price set by the auction mechanism.
Goatseus Maximus was launched through an innovative collaboration between Truth Terminal, an AI chatbot created by Andy Ayrey, and pump.fun. The token was conceived during a self-conversation on Truth Terminal, quickly gaining traction among the meme coin community. Since its creation, Goatseus Maximus market cap has grown rapidly, reflecting the viral nature of this unique Solana-based token.
To safeguard traders from price volatility, OKX will restrict market orders for the first five minutes. Each order will be capped at a maximum value of $10,000. This precautionary measure is in line with OKX’s commitment to a fair and secure trading environment.
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