Arthur Hayes Apes in GOAT Coin Amid 270% Price Surge

• Arthur Hayes has disclosed joining the GOAT meme coin frenzy.
• GOAT’s price has surged by 270% in just one week.
• Wintermute, a major market maker, is now the third-largest holder of the token.

Arthur Hayes, former BitMEX CEO and crypto influencer Sighduck are turning heads with their involvement in GOAT, a meme coin based on the Solana blockchain. The token skyrocketed by 270% within its first week of trading. 

Sighduck revealed that Wintermute, a major market maker, has acquired 1% of GOAT’s supply, fueling speculation of an imminent listing on centralized exchanges. However, some early investors have begun cashing out their positions following the coin’s meteoric rise in price action.

Launched on the Solana blockchain, GOAT quickly became one of the most talked-about tokens in the market. Its price surged from under $0.02 to $0.386 in a matter of days. Hayes shared his excitement about the project after learning about GOAT’s AI-powered promotion, stating that he “immediately aped in.”

Sighduck also emphasized Wintermute’s involvement, noting that the firm is now the third-largest holder of GOAT, with 1% of the token’s total supply in its possession. He predicts that a listing on major exchanges could be in the cards, which would significantly boost the coin’s liquidity and market visibility.

The explosive price surge has allowed some traders to secure substantial profits. One prominent trader, identified by Lookonchain, gradually sold off a portion of their holdings, securing $1.1 million in profit while still retaining $413,000 worth of GOAT in their wallet.

GOAT’s rise has been fueled by an AI bot called “Terminal of Truths,” developed by researcher Andy Ayrey. This AI, which became obsessed with early internet memes—particularly those featuring goats—has been relentlessly promoting the concept of a “GOAT singularity” on social media platform X.

The AI’s constant promotion helped drive viral interest in the token. GOAT’s market cap exploded to $357 million as Terminal of Truths continued to flood social media with posts. 

What’s Next for GOAT?

Although the initial frenzy around GOAT has cooled slightly, the token remains strong, posting an 18.7% gain in the past 24 hours to trade at $0.3571. With $162 million in spot trading volume, GOAT remains one of the most actively traded coins in recent days, keeping the market’s attention focused on its next move.