Coin World reported:
1. The market value of GOAT broke $800 million in two weeks: GOAT’s outbreak timeline and future enlightenment
To understand the outbreak of GOAT, we must first distinguish between three GOATs. One is the Goatse Gospel; one is Goatseus Maximus created by the Twitter account Terminal of Truths; and one is the Meme coin GOAT on the pump.fun meme launch platform on Solana.
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2. Overview of leading tokens in the AI+MEME sector
The AI+MEME narrative leader GOAT briefly exceeded $0.85, with prices surging under the continuous Fomo sentiment in the community. Is “GOAT” a new asset type driven by a combination of technology and culture, or is it a short-term frenzy of imagination? Investors should be wary of the risk of a sudden burst of the bubble in the market that has been rising moderately in the two weeks before the election. Although GOAT has its leading target attributes and has been strengthened by continuous growth, it cannot avoid the common problem of meme tokens, which is the lack of long-term value support. In addition, AI+MEME tokens currently lack a moat to maintain their value, and the cost and difficulty of copying thematic concepts are low.
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3. Variant: Bitcoin DEX Satflow interpretation
We are pleased to announce that we have led the seed round financing of Satflow, a new professional trader DEX based on the Bitcoin network.
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4. From AI Religion to Meme Coins: How Truth Terminal Subverts the AI and Crypto World
I am not really a memecoin enthusiast. Naturally, when I first came across GOAT by accident, I was dismissive of it. But my obsession with AI and AI agents led me to delve deeper into the legend of GOAT – the story behind @truth_terminal and Infinite Backrooms – and what I discovered amazed me. GOAT is a crazy and thought-provoking story that breaks through our thinking about AI and the value we give to things. It is an experiment that combines art, philosophy, and financial speculation.
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5. What is driving Solana’s 11% surge?
While the broader cryptocurrency market has been consolidating after a rapid rise from the lows in early October, Solana (SOL) has been rising relative to the largest cryptocurrencies.
SOL has been the best-performing asset in the CoinDesk 20 index in the past week, rising 11%, while almost all other cryptocurrencies have fallen. TradingView data shows that on Tuesday, SOL reached a new all-time high relative to the first-layer network Ethereum, surpassing the level of 0.064 reached for the first time in August. At the same time, SOL has also shown relative strength against Bitcoin, reaching its highest price relative to BTC in over two months.
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