GOAT Memecoin Explodes 273%—Is This The Next Crypto Craze or a Glorious Trainwreck?

GOAT just turned “resistance” into “assistance” after ten stubborn weeks. About time.
BTC’s bullish phase is out here handing out good vibes and life support to altcoins.

The memecoin market spent five days doing its best impression of an overzealous bottle of champagne, with Bitcoin [BTC] kicking things off with a cute 9.2% sprint last week. Good for you, BTC. Are you writing a motivation blog now?

BTC promptly got stage fright at $105.8k, pulled back 2.6%, and left the rest of the altcoin class clutching at their pearls, wondering if recess is over already.

The memecoin market cap sat at a casual $52.7 billion on May 6. By the next week it had ballooned to $73 billion—a 27.8% jump, or, as I like to call it, “my fantasy shopping budget.”

The big memecoin kids are strutting: Dogecoin [DOGE] up 38%—probably because it heard someone call it “irrelevant,” Shiba Inu [SHIB] with a 28% leap, and Pepe [PEPE] just showing off with a 76% sprint. Anyone else getting FOMO yet?

Dogecoin, the eternal meme, is apparently feeling bullish. It clings to the $0.222 support level like it’s trying to avoid exes at a party. Persistent buying is keeping everyone’s spirits as artificially inflated as my Instagram following.

This wave of optimism spills over to Goatseus Maximus [GOAT]—because with a name like that, humility is out the window.

GOAT could extend its gains

Since the middle of March, GOAT has been lounging around $0.055 like it owns the place. It dipped to a tragic $0.035 on April 7 (we’ve all been there), then promptly went on a 460% bender. Someone buy this coin an electrolyte drink.

GOAT shattered the $0.065 resistance wall, then came back to flirt with it just to show who’s boss—and then launched itself into an “intense rally” (read: completely lost the plot).

Resistance at $0.116 and $0.198? Consider them conquered. At the time of writing, the bulls are defending $0.198 like it’s the last piece of cake at a wedding.

Technical indicators are blaring “bullish” louder than a toddler with a new drum kit. The OBV is up and up, because why not, and the RSI is chilling at an overachieving 82. Not terminal yet, but the price may need to lie down with a cold towel for a bit.

GOAT might wobble around the $0.198-$0.2 corridor, possibly trying to remember where it left its keys, before climbing again. If things go south, expect the $0.144-$0.174 area to get some “urgent retesting.” And possibly, some awkward apologies.

2025-05-13 08:52

GOAT could extend its gains

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