BlockBeats News reported on October 18 that Arthur Hayes, a prominent figure in the crypto industry, expressed his confidence in the meme token GOAT reaching a market value of $1 billion soon. Prior to this, BlockBeats had disclosed that the market capitalization of GOAT surpassed the $400 million mark.
Although an AI company called Truth Terminal, backed by venture capital firm a16z, did not launch GOAT, it did support and promote the token. This recent development highlights the growing influence and credibility of meme tokens in the fast-evolving cryptocurrency space.
