Latest updates on the GOAT Network project: GOATED Token price prediction and market outlook.

In the rapidly changing world of Crypto Assets, the new rising star of the Bitcoin ecosystem, GOAT Network, has recently attracted widespread attention in the market. As the first Bitcoin-native zkRollup solution, GOAT Network's token GOATED was launched at the end of September on several major exchanges, including Gate, and its price performance and future trends have become the focus of investors.

GOAT Network Project Overview

GOAT Network is a groundbreaking technological innovation in the Bitcoin ecosystem, known as the first Bitcoin native zkRollup.

The project continuously provides native BTC yield by combining its self-developed zkMIPS (currently the fastest, production-ready zkVM), a practical BitVM2 challenge model (which shortens the challenge period from 14 days to less than 1 day), and the first decentralized sorter network for Bitcoin.

Recently, the GOAT Foundation was officially established to provide long-term support for the GOAT Network in resource allocation, infrastructure operation, R&D investment, and developer incentives, promoting continuous innovation within the Bitcoin ecosystem.

GOATED Token Economics Analysis

Understanding the Token economics of GOATED is crucial for assessing its long-term value:

• Total Supply: 1 Billion coins
• Allocation Ratio: 39.42% for mining pool rewards (covering incentives for multiple roles such as Sequencer, Prover, Challenger, etc.), 7% for airdrops, 15% for treasury support for ecological incentives and liquidity, with the remaining portion allocated to the team, advisors, and early investors.
• Unlocking mechanism: 10.43% will be unlocked on the day of TGE to ensure early liquidity for the ecosystem, and the remaining portion will follow the cliff + linear unlocking schedule to ensure long-term stability.

As the core credential of the network, GOATED can be used for staking to enhance yields, incentivizing developers and users, enhancing node ranking rights, and granting governance rights to holders, becoming the key driving force of the GOAT Network ecosystem.

GOATED Token Price Performance Analysis

price fluctuation in the early listing stage

The GOATED Token was launched around September 27 on several major exchanges, including Binance, OKX, MEXC, Kraken, and Gate. After its listing, the price experienced a typical period of high volatility:

• Opening Price: The opening price was approximately 0.1497 USD, and then it quickly dropped to 0.1289 USD, losing about 36% in one day.
• Trading volume surged: In the early stages of listing, the trading volume surged to over 50 million USD, with an increase of up to 3,076,571.29%.
• Price volatility: According to Gate platform data, GOATED reached a price of $3.6 on September 28, with an increase of up to 847.00% within 24 hours, setting a historical high of $6.81.

Current market data

As of September 28, according to the latest data displayed on the Gate platform:

• Current Price: 3.6 USD
• Market Cap: 341.13 million USD, Rank 1329
• Circulating Supply: 94.72 million GOATED
• 24-hour trading volume: 47.19 million USD

GOATED Price Prediction Analysis

short-term price prediction

According to market analysts, the short-term price trend of GOATED may depend on the following key factors:

• Technical Indicator Signal: The Relative Strength Index (RSI) shows that the Token may enter the oversold zone (30), which means that selling may soon slow down.
• Key support and resistance levels: There is strong support around $0.12, while the resistance level is near $0.15. If the price breaks through this point, the price of GOATED may recover.
• Market sentiment: Despite the price crash in the early listing stage, investors still seem to be full of confidence, with trading volume data indicating high market participation.

In the short term, if the support level of $0.12 holds and the resistance level is broken, the price may rebound to $0.14-$0.15 within 1-2 days. If it falls below $0.12, it may drop to $0.10 before stabilizing.

long-term price prediction

Different analysis platforms have provided diverse predictions for the future price of GOATED:

Gate platform official prediction:

• Year 2025: Average price $3.49, price range between $2.12 and $3.83
• Year 2026: The average price is expected to reach 3.66 USD, with a fluctuation range of 2.3 USD to 4.32 USD
• Year 2030: The price may fluctuate to $8.14, representing a potential return of +72.00% compared to the current price.

Other analysis platforms predict:

Some analysts compared its structure with the NEAR protocol, predicting an initial price range of $1.50 to $2.00, and if market momentum persists, the potential high point in 2025 could reach $2.40 to $3.28.

On the other hand, another group of analysts hold a more conservative view, predicting that the highest price in September will only be 0.346 dollars, which is quite different from the current actual price, reflecting the divergence in market predictions.

Market Analyst Opinions

Crypto market analysts have differing opinions on the future trend of GOATED:

• Bullish View: Once the early speculation cools down and long-term investors start buying again, prices may stabilize. Continuous airdrops, lottery rewards, and the upcoming exchange listings could drive demand.
• Cautious view: Early buyers taking profits may lead to short-term selling pressure, and the initial circulation of 104 million Tokens may increase market supply pressure.

Multiple analysts have pointed out that the economic design of GOAT Network can generate profits from gas fees, MEV, and miner rewards without requiring trust, breaking away from the reliance on unsustainable Token "mining/volume brushing" models. This fundamental factor may support its long-term value.

Market Opportunities and Risk Analysis

investment opportunities

1. Technological Innovation: As the first native zkRollup of Bitcoin, GOAT Network addresses the scalability and functionality issues of the Bitcoin network, with practical application potential.
2. Ecosystem Development: The establishment of the GOAT Foundation will provide long-term support in areas such as resource allocation, infrastructure operation, R&D investment, and developer incentives.
3. Market Position: zkRollup solutions within the Bitcoin ecosystem are currently relatively scarce, and GOAT Network is expected to seize this niche.

potential risks

1. Market Volatility: The cryptocurrency market itself is highly volatile, and the drastic price fluctuations of GOATED during its initial listing have already proven this.
2. Unlocking Pressure: On the day of TGE, 10.43% of the tokens will be unlocked, and as more tokens are released linearly, it may put pressure on the market price.
3. Competitive Pressure: The competition in the Bitcoin Layer 2 solution space is becoming increasingly fierce, and the GOAT Network needs to continuously innovate to maintain its competitive advantage.

Conclusion: Looking Ahead to the Future of GOATED

GOAT Network, as a technological innovator in the Bitcoin ecosystem, demonstrates the potential to solve Bitcoin's scalability issues. Its token GOATED, although it experienced severe fluctuations during the early stages of its listing, still presents possibilities for long-term development due to the project's fundamentals and technological foundation.

For investors, the price predictions for GOATED vary widely, ranging from a few cents to several dollars, which reflects the high uncertainty and potential high returns characteristic of the crypto assets market.

Investors are advised to closely follow the project's technological progress, ecosystem development, and overall market sentiment, and to make investment decisions based on their own risk tolerance.

The crypto assets market is full of opportunities and challenges. Whether GOAT Network can carve out a successful path in the Bitcoin ecosystem can only be answered by time. However, there is no doubt that this is one of the most noteworthy projects in the Bitcoin Layer 2 solutions space.