Goatcoin (GOAT) experienced a dramatic surge of over 200% in value following an endorsement by James Wynn on August 27. Wynn's post on the X platform predicted that the meme coin's market value could reach several billion dollars, sparking significant investor interest.
In the wake of Wynn's endorsement, Goatcoin's market capitalization climbed to $10.02 million, and its trading volume surpassed $10 million within just six hours of its launch. Despite the rapid gains, investors are advised to remain cautious due to the inherent volatility of meme coins like GOAT.
Goatcoin Soars 200% After James Wynn's Endorsement
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