Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
The meme coin named GOAT issued by artificial intelligence Truth Terminal has performed outstandingly in the past few months, breaking the $1 billion mark at one point. The excellent performance of GOAT has captured the attention of every participant in the market, and its market value and huge increase have also opened up the imagination space for AI projects in the <a href="/id/price" target="_blank" class="blog_inner_link">cryptocurrency market</a>. The emerging AI Agent leading tokens such as VIRTUAL, AI16Z, and AIXBT after GOAT are leading a new narrative.

![](https://gimg2.gateimg.com/image/article/1737625053goat.jpeg)

AI Bot autonomously talks about memes, it looks like no one interferes, it's a bit sci-fi and full of topics, maybe this is also becoming a correct narrative. GOAT was not initially the "greatest of all time", it was a hot topic in the meme market, and it has always been impressive, existing is a reasonable logic. According to Gate.io market data, GOAT is currently priced at $0.3598, with a 24-hour increase of 32.82%, becoming the most shining star among mainstream altcoins.

On the news front, Andy Ayrey, the founder of Truth Terminal, announced the sale of the majority of FARTCOIN tokens held by the project through over-the-counter trading. Ayrey stated that the counterparty has committed to responsibly holding these tokens and will not cause market selling pressure. In addition, a portion of the proceeds from this transaction will be used to increase the holdings of GOAT tokens to show gratitude to the community that has been driving the development of decentralized AI. The Truth Terminal Foundation currently holds approximately 0.5% of the GOAT supply and plans to hold it in the long term.

## GOAT Token Market Analysis

### 24-hour trading data

- Current Price: 0.3598 USDT
- Increase: 32.82%
- Highest Price: 0.388 USDT
- Minimum price: 0.2616 USDT
- Volume: 96,054,669 GOAT
- Net Inflow of Funds: 13,868,164 USDT

### Support and Resistance Levels

- Support level: 0.2309 USDT
- Resistance level: 0.3432 USDT

### Technical Indicators

- Bullish Indicator: MACD has a golden cross, indicating that it may continue to rise in the short term.
- Bearish indicators: RSI overbought, BOLL upper band touched, may face downside risk.

## Trading Strategy Recommendation: Short-term Bearish

- Direction: Bearish
- Entry Price: 0.3880 USDT
- Stop-loss price: 0.3950 USDT (set above the resistance level)
- Target Price: 0.3430 USDT (Support Level)

Reasons and characteristics: RSI overbought and BOLL upper rail touch indicate a possible pullback, suitable for shorting at high positions. Set stop loss above the resistance level to prevent unexpected rise, and set the target price at the support level to ensure risk control.

## Future Outlook

The GOAT token has attracted investors not only because of its price increase, but also because it represents the rise of AI-themed projects. This trend could potentially become a powerful driver for further growth of the GOAT token in the future.

The strong market performance of the GOAT token may continue to attract market attention in the future, driven by the AI theme and Meme coin trends. However, investors should pay attention to changes in technical indicators, set stop-loss and target prices reasonably to mitigate potential market pullback risks. With further support from Truth Terminal and the advancement of decentralized AI projects, the long-term prospects of the GOAT token are still worth paying attention to.

<div class="blog-details-info">
<div>Author: **Icing**, Gate.io Researcher
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

简体中文

English

日本語

福利中心

web3 Airdrop

launchpool

小红花-Exchange-Startup

交易-盘前交易

launchpad

candy_drop

打新

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构借贷

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

vip服务

机构

策略跟单

现货跟单

交易-合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

交易-机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币理财

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多（理财产品）

芝麻金融-理财（打新）

赚币-HODLer Airdrop

赚币

模拟交易

衍生品-期权

衍生品-交割合约

衍生品-永续合约

合约入门

合约活动

衍生品

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易-创新交易

交易-交易工具

交易-交易类型

交易

行情

买币-gateCard

卖币

买币-快捷交易

买币

买币-paywith

法币定投

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

gate商店

小红花-Promotions-邀请计划

小红花-promotions-代理商

cextg小程序

储备金

合作伙伴

小红花

web3

GOAT surges over 30% within the day, is AI meme making a comeback as a market hot topic?