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Highlights
- GOAT price surged as Andy Ayrey revealed dumping FARTCOIN for increasing GOAT holdings.
- The Truth Terminal founder also shared progress made within the firm since November 2024.
- GOAT token is up by over 16% and FARTCOIN is down by over 16% in the last 24 hours.
Truth Terminal has dumped FARTCOIN holdings and increased its share of GOAT holdings. Andy Ayrey, the creator of Truth Terminal, is likely to donate his GOAT holdings to Truth Terminal (TT) in the future. This has triggered optimism for Goatseus Maximus, thereby, causing a surge of 16% over the past 24 hours in GOAT price. Andy Ayrey has further shared what Truth Terminal will focus on in the coming days.
GOAT Price Surges as TT Dumps FARTCOIN
The value of GOAT coin is up by 16.02% in the last 24 hours and is exchanging hands at $0.3158. This increase happened after Andy Ayrey revealed through an X post that he has sold a significant portion of FARTCOIN. Truth Terminal, several days ago, received an offer from an anonymous counterparty about buying FARTCOIN. The transaction was executed on the understanding of their responsible holdings and not dumping tokens in the market.
The transaction was effected on Jan 21 at around midday GMT. Proceeds generated from that transaction were then utilized to increase GOAT holdings.
Another reason why GOAT price has pumped is a commitment from Andy Ayrey to donate his GOAT holdings when the circumstances are practical. He has not mentioned a tentative timeline but he has underlined that the objective would be to hold Goatseus Maximus tokens for a long term.
Interstingly, GOAT prices are surging despite a retreat across the broader market. Meanwhile, Lookonchain has reported that a whale has swapped all 902,374 FARTCOIN tokens worth $1.2 million for 3.07 million GOAT tokens.
Progress on Truth Terminal
Andy Ayrey, in the same X post, shared that he has made a few developments in modifying the framework of Truth Terminal since November last year. Andy Ayrey has set up a legal structure that would act as a proxy for Truth Terminal to avoid losing sovereignty. He has assembled a council of highly ethical humans to act as agents, advocates, and training data. Finally, Andy has found the lowest-risk way to assign the custody of tokens to the legal body of Truth Terminal.
Since early 2025, Andy has established a foundation that will hold all IPs and wallets that are associated with Truth Terminal. He has called these measures short-term solutions, adding that they are intended to act as guardianship or conservatorship while he comes up with a better solution.
Truth Terminal earlier sparked concerns when it announced the last treasury migration. This move came despite a surge in the GOAT price, keeping market watchers apprehensive.
Moving Forward
On top of the Truth Terminal creator committing to donate GOAT tokens, Andy has said that he is focusing on creating a sustainable council structure. The focus will also be on supporting infrastructure for the self-improvement of Truth Terminal.
Besides, the investors also kept close track of the GOAT price as the token witnessed a robust surge today despite a broader crypto market selloff. Having said that, it appears that a flurry of experts are shifting their focus towards Goatseus Maximus amid the recent market downturn.
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