How Binance perpetual contract for GOAT token benefits Minotaurus’ MTAUR

AI agent memecoin Goateus Maximus (GOAT) jumped more than 200% seven days after Binance announced that it is adding a perpetual contract for the GOAT token.

The memecoin, which became famous due to its affiliation with Truth Terminal, an  AI persona on X (formerly Twitter), has enjoyed a relatively positive performance since its launch in early October. Its value has continued to grow since then, thanks to viral marketing and AI-related hype. 

With Binance now listing GOAT for futures on its platform, there are speculations about how high it can go, especially after it crossed $700 million in market cap. Many believe that it could eventually reach $1 billion.

Why GOAT Getting a Binance Perpetual Contract May Benefit Minotaurus (MTAUR)

Binance Futures' listing of GOAT means more exposure for the token, impacting other AI-focused projects such as Minotaurus (MTAUR). Minotaurus is a blockchain-based game that exposes players to an immersive experience with customized avatars and track down hidden treasures within labyrinths and mazes.

The MTAUR token is central to the game’s economy. It can be converted into the in-game currency that allows users to customize characters, unlock extra features like mini-games and special zones, and acquire boosters.

Although the MTAUR token already boasts a unique value proposition, including specific gameplay mechanics and a community-driven approach, the exposure from GOAT’s performance on a high-volume platform like Binance may result in broader community interest in MTAUR presale.

The ongoing presale for the MTAUR prices the token at 0.00005971 USDT, about 70% less than its projected listing price of 0.0002 USDT. This allows early participants to get involved early, enjoying perks such as referral incentives for themselves and their friends, bonuses for extending vesting and unlocking other benefits.

AI agents memecoins attract community interest

Meanwhile, the success of GOAT has inspired other crypto projects based on autonomous AI agents or chatbots. Most of these chatbots, such as Fi and Truth Terminal, have made a name for themselves by being edgy on X and sharing ideas about creating crypto tokens.  

Although neither of these two popular chatbots has created memecoins themselves, others have sent them tokens created based on their idea. Truth Terminal is now a millionaire based on GOAT holdings, while Fi holds several SHEGEN tokens. 

However, it is not all smooth sailing. While up over 1000% since launch, GOAT is down 21% today, a sign that sentiment plateaued. Still, its $537 million transaction volume in 24 hours shows the crypto community are still pumping funds into the project. This interest could be the momentum for value-centric tokens like MTAUR.