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The Goatseus Maximus price surged more than 50% in the last 24 hours to trade at $0.7288 as of 7:21 a.m. EST as investors FOMO buy into the meme coin.
Trump won the election 47th president
Just fun
Elon Musk has changed the like button to Red for the United State Elections.
🗳️
Retweet for #Trump2024 🔂
Like for #Kamala4President #USElections#USPresidentialElection2024 #USAElections2024 #Trump2024
Congratulations Trump pic.twitter.com/yn5REHRLi0— Santosh (@santoshXid) November 6, 2024
The steep rise in the GOAT price comes amid a 5% increase in the overall crypto market’s capitalization in the last 24 hours. This is after pro-crypto presidential candidate Donald Trump clinched a victory in the 2024 US election.
Many believe that a Trump presidency will be more favorable for the crypto market.
Goatseus Maximus Price Approaching A Major Resistance
4-hour chart for GOAT/USD (Source: GeckoTerminal)
The Goatseus Maximus price has been in a positive sequence on the 4-hour chart over the past 24 hours, and has printed a series of higher highs and higher lows during this period. Should this bullish momentum continue, the meme coin might soon flip the $0.7019 resistance level into support. Thereafter, the altcoin could have the foundation needed to rise to as high as $0.8507.
In an alternative scenario, the Goatseus Maximus price might fall to the immediate support level at $0.5382 if traders decide to take profit. If the crypto drops to this point and sellers continue to exert pressure on the Goatseus Maximus price, it could result in a plunge to the $0.4116 technical safety net in the short term.
Technicals Suggest The Goatseus Maximus Price Has A Lot Of Bullish Backing
From a technical standpoint, indicators suggest the Goatseus Maximus price might continue to climb in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing positive signs.
In the last few hours, the MACD line crossed above the MACD Signal line to indicate that the Goatseus Maximus price has entered a short-term bullish trend. Buyers also appear to have no intention of easing their pressure on the meme coin’s price, as suggested by the growing gap between the MACD and MACD Signal lines.
RSI readings have spiked to the low 70s in the last few hours as well. Traders usually see increasing RSI values as an indication of bullish strength. However, the current reading warns that the Goatseus Maximus price is in overbought territory, which could be seen as a sell signal since the crypto’s downside potential is currently greater than its upside potential.
As GOAT soars, investors are also snapping up a new political meme coin by the name of FreeDum Fighters (DUM), which popular YouTuber Jacob Bury has told his more than 43K subscribers could soar 10X after launch.
An Onchain Political Clash
FreeDum Fighters (DUM) is a lighthearted take on the US election that gamifies American politics for crypto investors. At its core is an on-chain clash between the fictitious Kamacop 9000 and MAGATRON.
Although the election is over, crypto investors can still back their favorite character for the chance to win substantial staking rewards.
Trump supporters who opt to back MAGATRON can earn up to 274% annually if they buy and stake DUM tokens now through the project’s ongoing ICO. Kamala Harris might not have won the election, but Kamacop’s backers can still gain access to a stunning 734% staking Annual Percentage Yield (APY).
Investors Bet On DUM’s Future
FreeDum Fighters has already raised over $441K through its ongoing ICO, signaling strong investor confidence in the project’s future.
Looks like we have a winner ladies and gents!
But just because Trump and Kamala are done, doesn't mean MAGATRON and Kamacop are. In this parallel dimension we are yet to choose a victor 🇺🇸 pic.twitter.com/uwO1h7sHMK
— FreeDum Fighters (@Freedum_Fighter) November 6, 2024
There is still time for investors to get in on DUM during this early stage to position themselves ahead of the 10X surge predicted by Jacob Bury.
Selling for $0.00007, DUM tokens can be bought with either ETH, BNB, BASE, SOL, USDT or USDC.
Purchase DUM on its official website here.
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