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CDS Airdrop & Listing OKX to List Solana-Based Meme Coin GOAT

Airdrop & Listing

OKX to List Solana-Based Meme Coin GOAT

Zeynep Öztürk12/12/20243 Mins read23

OKX to List Solana-Based Meme Coin GOAT; Token Price Surges by 28.8%

O K X, a leading cryptocurrency exchange by trading volume, has announced the listing of the viral Solana-based meme coin Goatseus Maximus (GOAT). The exchange will open spot trading for the GOAT/USDT pair on December 12 at 10:00 UTC. Deposits for GOAT will be available starting at 6:00 UTC on the same day, with withdrawals commencing at 14:00 UTC.

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Shortly after the announcement, the token’s price experienced a sharp increase, surging 28.8% within 24 hours, according to crypto.news data. GOAT is now trading at $0.83, reflecting a weekly increase of 9.47%. The token currently boasts a market cap of $809 million, placing it 21st among top meme coins by market capitalization. Its 24-hour trading volume stands at $492 million, with a circulating supply of over 999 million tokens.

To safeguard against volatility, OKX has implemented trading restrictions for the initial five minutes after the launch. Market orders will be prohibited during this period, with each order capped at a maximum value of $10,000.

Additionally, OKX will conduct a call auction system for the token from 9:00 UTC to 10:00 UTC on December 12. This system allows users to submit buy and sell orders within pre-defined trading parameters before the official launch. An opening price will be generated based on these submissions, following call auction rules. OKX clarified that while the project team will suggest an opening price, this figure is informational only and will not influence the trading price determined by the call auction process.

The rise of Goatseus Maximus has been nothing short of meteoric. The token was conceptualized during a conversation on Truth Terminal, an AI chatbot developed by Andy Ayrey. The chatbot operates semi-autonomously, with human moderators overseeing its posts on X (formerly Twitter). GOAT was first introduced on pump.fun, and its market cap skyrocketed shortly after launch, securing its position as a prominent meme coin.

The listing on OKX is expected to further amplify the token’s momentum, attracting both retail and institutional traders to its ecosystem.

Frequently Asked Questions (FAQ) About Goatseus Maximus (GOAT) and Its Listing on OKX

What is Goatseus Maximus (GOAT)?

Goatseus Maximus (GOAT) is a viral meme coin built on the Solana blockchain. It gained popularity due to its origin story, which started as a concept generated by the AI chatbot Truth Terminal, and has since become a prominent token in the crypto community.

When will GOAT be listed on OKX?

GOAT will be listed on OKX on December 12, 2024. Spot trading for the GOAT/USDT pair will commence at 10:00 UTC.

When can I deposit and withdraw GOAT on OKX?

Deposits: Available starting at 6:00 UTC on December 12.
Withdrawals: Open from 14:00 UTC on the same day.

What trading restrictions will be in place for GOAT during its initial launch?

To manage volatility, OKX will:
Restrict market orders during the first five minutes of trading.
Cap each order at a maximum value of $10,000.

What is the call auction system for GOAT?

The call auction system will take place on December 12 from 9:00 UTC to 10:00 UTC, just before spot trading begins. During this time:
Users can place buy and sell orders at their desired prices.
An opening price will be generated based on these orders and call auction rules.
The project team will propose an opening price for reference, but the final price will be determined by the auction mechanism.

What is the current price and market performance of GOAT?

Current Price: $0.83
24-Hour Increase: +28.8%
Weekly Increase: +9.47%
Market Cap: $809 million
24-Hour Trading Volume: $492 million
Circulating Supply: Over 999 million tokens

Why is GOAT so popular?

GOAT gained traction due to its unique origin on Truth Terminal, an AI chatbot that autonomously generated the idea during one of its self-conversations. Its rapid rise in market cap and strong community support have solidified its position as a significant meme coin.

What is the significance of OKX listing GOAT?

The listing on OKX, one of the largest cryptocurrency exchanges, is expected to enhance GOAT’s visibility and accessibility, potentially driving further adoption and trading activity.