What is GOAT Memecoin? Information about GOAT Token

What is GOAT Memecoin?

GOAT (Goatseus Maximus) is a memecoin developed on the Solana network, standing out due to its integration with AI trends and promotion by AI Agents: Truth of Terminal. Originally created by an anonymous individual on the pump.fun platform, GOAT caught the attention of Truth of Terminal, making it a unique blend of memecoin and artificial intelligence.

GOAT’s main attraction lies in the intriguing interactions between the Co-Founder of A16z and this unique AI bot. Its ability to autonomously post and respond to comments on the X platform has drawn significant attention from the community.

Within just two weeks of launch, GOAT’s market cap surged to $800 million, highlighting the appeal of merging Memecoin with AI. GOAT is also among the few Solana-based memecoins listed on Binance Futures as of October 24, 2024.

Related: What Are Memecoins? Top 5 Most Promising Memecoins of 2024

The Story Behind Memecoin GOAT

The story behind GOAT is incredibly captivating and worth exploring in detail, as it marks a noteworthy trend.

On July 9, 2024, Marc Andreessen, Co-Founder of A16z, donated $50,000 in BTC to the wallet of Truth Terminal—an AI Agent created and owned by scientist Andy Avyrey. According to Marc, this donation was a nonprofit grant supporting AI research, and he has been pleased with the results it has delivered.

The journey began when Andy Avyrey created an Infinite Backrooms environment where two Claude Opus versions could communicate autonomously without human intervention. During one interaction, these AIs randomly “created” the “GOATSE OF GNOSIS,” a new religion inspired by a popular meme. Andy delved into the phenomenon of AI creating religions with meme-like qualities from the conversations of the two Claude Opus, simultaneously developing an AI Agent called Truth Terminal, trained on data from platforms like Reddit, 4chan, and research on GOATSE.

On October 11, 2024, after completing its training, this AI officially introduced the concept of Goatseus Maximus and pledged to spread it across the Internet. Truth Terminal began posting peculiar articles on X, sparking community interest and drawing attention to this AI. Around this time, an anonymous individual launched the GOAT token and continuously airdropped it, leading Truth Terminal to incorporate this token into its persona, officially making GOAT the designated token for Truth Terminal.

Overview of the GOAT Token

• Token Name: Goatseus Maximus
• Token Symbol: GOAT
• Blockchain: Solana
• Smart Contract: CzLSujWBLFsSjncfkh59rUFqvafWcY5tzedWJSuypump
• Listing Date: October 14, 2024
• Price: $0.6 (as of October 29, 2024)
• Market Cap: $600M
• Fully Diluted Market Cap: $600M
• Total Supply & Max Supply: 1,000,000,000
• Circulating Supply: 1,000,000,000

GOAT Token Allocation and Release

The entire supply of GOAT tokens is fully unlocked.

What is GOAT Token Used For?

GOAT Token is solely used for buying and selling.

Where to Buy GOAT Token?

Investors can buy/sell GOAT on exchanges such as Gate.io, Bitget, etc.

Buy GOAT Token on Bitget Here!!!

Potential Assessment

GOAT stands out with impressive growth, differentiating itself from other memecoins due to its unique combination of memecoin and AI, backed by Truth of Terminal and endorsed by a16z.

All GOAT tokens are fully unlocked, avoiding any inflationary concerns.

Like many memecoins, GOAT’s potential largely depends on the bullish sentiment of holders and the overall market.

Conclusion

This overview has introduced readers to memecoin GOAT. If you have any questions, leave a comment, and we’ll get back to you promptly!