1. Market value exceeded $800 million two weeks after its birth. GOAT’s outbreak timeline and future implications
To understand GOAT’s outbreak, we must first distinguish three GOATs. One is Goatse Gospel; one is Goatseus Maximus created by the Twitter account Terminal of Truths; and one is GOAT, a meme coin on Solana’s meme launch platform pump.fun. Click to read
2. List of leading tokens in the AI+MEME sector
The AI+MEME narrative leader GOAT briefly broke through $0.85, and the price soared under the community's continued Fomo sentiment. Is "GOAT" a new asset type driven by a combination of technology and culture, or a carnival of short-term imagination? Investors should be wary of the risk of a sudden bubble burst in a market that is rising modestly two weeks before the election. Although GOAT has the attributes of a leading target and is strengthened in its continuous rise, it cannot avoid the common problems of MEME tokens, namely the lack of long-term value support. In addition, AI+MEME tokens currently have no moat to maintain their value, and the cost and difficulty of copying the subject matter concept are relatively low. Click to read
3. Variant: Interpretation of Bitcoin DEX Satflow
We are very happy to tell you that we led the seed round of financing for Satflow, a new DEX for professional traders based on the Bitcoin network. Click to read
4. From AI religion to Meme coin: How Truth Terminal subverts the world of AI and Crypto
I am not really a memecoin enthusiast. Naturally, when I first stumbled upon GOAT, I was not impressed. But my obsession with AI and AI agents led me to dig deeper into the legend of GOAT - the story behind @truth_terminal and Infinite Backrooms - and what I found surprised me. GOAT is a wild and thought-provoking story that pushes the boundaries of how we think about AI and the value we assign to things. It’s an experiment in art, philosophy, and financial speculation. Click to read
5. What drove Solana’s 11% surge?
While the broader cryptocurrency market has been consolidating after a rapid rise from its early October lows, Solana (SOL) has been rising relative to the largest cryptocurrencies.
SOL was the best performing asset in the broad market CoinDesk 20 index over the past week, rising 11%, while almost all other cryptocurrencies fell. TradingView data showed that on Tuesday, SOL hit a new all-time record relative to the first-layer network Ethereum, surpassing the 0.064 level first hit in August. At the same time, SOL also showed relative strength against Bitcoin, reaching its highest price relative to BTC in more than two months. Click to read