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$GOAT Flips $AVAX In 24H Trading Volume

Goatseus Maximus outperformed Avalanche in trading volume, fueled by exciting futures contracts.

3 minOctober 27, 2024

Highlights:

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$GOAT trading volume reached $278.84 million, surpassing $AVAX at $109.95 million.

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Binance and OKX launched $GOAT futures contracts, boosting market interest and trading activity.

•

$GOAT's price spiked nearly 20%, with weekly gains exceeding 200% amid increased investor confidence.

$GOAT Flips $AVAX In 24H Trading Volume

Goatseus Maximus has captured the crypto spotlight. In just 24 hours, trading volume soared to an impressive $278.84 million, surpassing Avalanche's $109.95 million. This surge marks a significant shift in market interest. 

 

 

Binance and OKX Launch GOAT Futures Contracts

 

On October 24, Binance rolled out a new GOATUSDT USD-Margined perpetual contract. Traders can leverage up to 75x, making this a game-changer for Goatseus Maximus. This launch offers fresh trading opportunities, allowing positions for both long and short trades.

 

Not to be left behind, OKX quickly added Goatseus Maximus to its perpetual futures market. With a leverage cap of 20x, this listing reflects the growing excitement around GOAT. 

 

The futures contracts have spurred a remarkable increase in trading activity. Data from Coinglass reveals that derivatives trading volume for GOAT skyrocketed by 808%, hitting $239.53 million.

 

$GOAT Price Soars Amid Investor Confidence

 

After the futures launch, $GOAT’s price jumped nearly 20% in one day. Weekly gains have now topped 200%. The price fluctuated between a low of $0.5992 and a high of $0.8821, showcasing the thrilling volatility of the crypto market.

 

Market participation has surged, with trading volume rising by 57% to $437.28 million. Whale activity plays a significant role in this momentum. One notable investor bought $2.41 million worth of $GOAT, boosting confidence in the token's future.

 

Open interest in $GOAT futures has also surged by 201.87%. This increase shows traders are positioning themselves for potential price movements, anticipating continued growth.

 

Major Exchange listings and high trading volumes have transformed the trading landscape, flipping the script on competitors. As interest continues to build, traders and investors look forward to the next chapter in the journey of Goatseus Maximus.

 

 

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