Trader Outlines Path Forward for Altcoin That’s Up Over 800% in a Week, Sets Targets for Bitcoin and Ethereum

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A widely followed cryptocurrency analyst and trader is outlining the potential path forward for a memecoin that’s exploded by over 9x in days.

The analyst pseudonymously known as Altcoin Sherpa tells his 224,800 followers on the social media platform X that the Goatseus Maximus (GOAT) memecoin may consolidate for a while after rising by nearly 860% from its price of $0.045 on October 13th.

“GOAT I think a range between $0.20 and $0.40 would be extremely healthy. Still holding this one for a while personally.”