• GOAT price surged 28.8% after OKX listing announcement.
  • OKX introduces measures to manage trading volatility for GOAT.

The meme coin Goatseus Maximus (GOAT) has experienced an impressive price surge following its listing announcement on OKX , one of the largest cryptocurrency exchanges by trading volume. In the past 24 hours, GOAT saw a remarkable 20% increase in price, climbing to $0.83. The surge has been accompanied by a significant rise in trading volume, which is up by 31%, signaling growing investor interest in the token.

GOAT’s rally began shortly after OKX’s official announcement on December 12, 2024, confirming that deposits for the token would open at 6:00 UTC, followed by the start of spot trading at 10:00 UTC. The token’s price action shows a notable rebound from the $0.46 support level, indicating strong demand at this price point.OKX has also introduced a precautionary measure to limit market orders to $10,000 during the first five minutes of trading to mitigate volatility .

Moreover, the decision to list GOAT comes after the token’s recent viral success, with a market cap of approximately $809 million, placing it among the top 21 memecoins by market value. The price spike followed the announcement has positioned GOAT as one of the most talked-about tokens in the crypto space, further enhancing its visibility and appeal to traders.

GOAT Bulls To Hit More ATHs?

The token’s price action has been marked by a notable rebound from a support level around $0.46, reflecting strong demand at this price point. GOAT is currently testing a key resistance level at $0.70. 

If the token manages to break through this level and convert it into support, it could signal a continuation of its bullish trend. Technical analysis suggests that successful price action above this resistance could push the token towards higher levels, potentially reaching its previous high of $1.4.

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