Dogecoin Sets The Stage, But AI Meme Coin GOAT Steals The Show, Ripping From Zero To $400 Million In 1 Week
The AI-created GOAT meme coin continues to make waves in the cryptocurrency space, with both analysts and prominent figures predicting the uptrend to continue.
What Happened: In response to the meme coin’s abrupt success, Bitmex co-founder Arthur Hayes on Friday provocatively tweeted, “are you really fading AI + memecoin + religion?”
He humorously drew parallels between religious beliefs and the potential of GOAT, suggesting that if billions can believe in ancient religious texts, a meme coin could certainly reach a billion-dollar market cap.
Crypto analyst Dragos provided a detailed breakdown of GOAT’s potential on Friday, focusing on its distribution and market metrics.
He emphasized the coin’s organic growth: “The distribution on $GOAT is as good as it gets this early on.” Dragos …