Is GOAT Price Poised To Record 10X Rally? Arthur Hayes Reveals Why

The Goatseus Maximus has been one of the hottest trends in the crypto market lately, as evidenced by the soaring discussions of crypto on social media. Besides, the recent GOAT price movements also hint at a growing market interest in the Solana meme coin. Amid this already soaring price, BitMEX co-founder Arthur Hayes hints at the potential for another 10X rally for the crypto, sparking market interest.

Arthur Hayes Hints At 10X Surge For GOAT Price

In a recent X post, BitMEX Co-founder Arthur Hayes has once again revealed his bullish outlook for the Solana meme coin, Goatseus Maximus. He has highlighted a report from renowned Bloomberg contributor Matt Levine, which recently mentioned GOAT.

Hayes has lauded the development and said that the mention from such a popular figure could propel a rally in the crypto’s price. Besides, he also mentioned that previously another top meme coin on Solana, dogwifhat (WIF) got a mention in Matt Levine’s report, which triggered a 10X rally in its price.

Considering that, the market participants are highly anticipating the history to repeat, which might also cause a 10X surge in GOAT price. Besides, the BitMEX co-founder also ended his post with a bullish forecast for GOAT, which has further fueled market speculations. Notably, the recent X post of Hayes reads:

Congrats degens, GOAT got a mention from Matt Levine he is the boomer fin influencer. WIF got a mention and then it 10x’d.

GOAT = infinity

Meanwhile, this isn’t the first time Hayes has shared a positive outlook for the Solana meme coin. For context, he has recently revealed plans to bet on Goatseus Maximus, shortly after he said that he is decreasing his meme coin holdings citing market uncertainties. This also indicates Hayes’s growing confidence in the crypto’s potential for a likely rally in the coming days.

What’s Next For Goatseus Maximus?

As of writing, GOAT price was up over 23% and exchanged hands at $0.4482, while its trading volume rose 2.21% to $155.01 million. Notably, the crypto has touched a high of $0.4707 in the last 24 hours, while hitting a low of $0.3733, indicating a volatile scenario.

Considering that investors should exercise due diligence while betting on low-priced tokens. For context, although the top meme coins could generate significant returns in the short term, there are usually high risks associated with these tokens.

However, many crypto traders have grabbed the opportunity of this new Solana meme token’s launch and booked massive profits by trading it. Besides, a recent Goatseus Maximus price analysis hints at a potential rally to $0.5 for the crypto.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.