Binance has announced the upcoming launch of a futures contract for Goat Meme Coin (GOAT).This new trading option will be available from October 24, 2024, at 13:30 UTC, and it allows traders to leverage up to 75x. Launching the GOAT meme perpetual contract is an important step for the coin and its users.
What is Goat Meme Coin?
This Coin, often referred to as “Goatseus Maximus,” Unlike many traditional cryptocurrencies, Goat Meme Coin is built on the Solana blockchain and was developed by an AI bot known as Truth Terminal. This innovative AI generates creative concepts, which are refined by a human administrator, creating a unique blend of artificial intelligence and human input.
This has made GOAT attractive to a wide range of investors. Just 24 hours after its listing on Binance, Goat Meme Coin saw an impressive price surge of 18%, largely driven by excitement surrounding the forthcoming futures contract and the rising interest in meme coins in general.
Key Features of the GOATUSDT Perpetual Contract
- Launch Time: October 24, 2024, at 13:30 UTC
- Tick Size: 0.0001 (the minimum price movement)
- Capped Funding Rate: +2.00% / -2.00% (the maximum interest rate for holding positions)
- Funding Fee Settlement: Every four hours (payments for holding contracts)
- Maximum Leverage: 75x (allowing traders to magnify their positions)
- Trading Hours: 24/7 (traders can participate at any time)
- Multi-Assets Mode: Supported (enabling various cryptocurrencies as collateral)
Binance Futures launches GOATUSDT Perpetual Contract as it allows traders to use different cryptocurrencies, such as BTC (Bitcoin) or ETH (Ethereum), as margin for trading GOAT meme.
The Rising Popularity of $GOAT
The launch of the GOATUSDT contract is a clear indicator of Goat Meme Coin’s increasing popularity in the cryptocurrency space. Other major exchanges like OKX and Bybit are also showing support for Goat Meme Coin, demonstrating that interest in this unique token is expanding beyond Binance. Moreover, exchanges such as BitMEX, Bitget, and WOO X have started spot trading for GOAT/USDT pairs, reinforcing its growing presence in the market.
The Goat Meme Coin reflects a broader trend in the cryptocurrency community. As more individuals seek to invest in engaging and community project based s, the demand for meme coins is likely to continue rising. This trend not only allows users to enjoy the lighter side of investing but also presents opportunities for substantial financial gains.
Conclusion
With the launch of the GOATUSDT perpetual contract on Binance Futures, Goat Meme Coin is set for a bright future. The combination of innovative AI technology, community engagement, and a playful approach to cryptocurrency positions GOAT as a formidable player in the market. Traders should closely monitor this exciting opportunity as the launch date approaches. Goat Meme Coin stands ready to lead the charge in the meme coin revolution.
