GOUT spikes 70%, Stacks and MAD trend as Ethereum inches to $4,000

The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level.

According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.0005573 at press time.

The meme coin has also seen its price go up by over 140% in the last seven days.

Apart from the general meme coin volatility, GOUT has released its independent research and development task platform, which could have bolstered the price.

In addition, GOUT was selected as the first project by the BNB Chain for their 33 BNB daily meme coin airdrop.

The meme coin project has also been actively donating, with one of the recent donations going to help stray dog families around the world.

Stacks and MAD trends on CMC

Stacks has risen as the second-top gainer out of the top 100 altcoins. The coin price has seen its price rise from $2.17 to as high as $2.45 in the last 24 hours.

Stacks has announced that they will unlock Stack’s BTC in the next week, where users can receive free Bitcoin (BTC) rewards. In addition, they have announced five days of sBTC giveaways and a partnership with Hex Trust.

Another Solana (SOL)-based meme coin, MAD, has been trending on CMC. One of the visible reasons for the extended visibility of the coin is most likely the recent Gate.io trading competition. The exchange had announced a $36,000 MAD prize pool for its trading competition.

The meme coin was also recently listed on the Phemex exchange. MAD hasn’t shown a major price change in the last 24 hours. However, it has risen close to 20% in the last seven days.

The surge in the value of these coins is happening as BTC reclaimed the $103,000 level and Ethereum (ETH) is inching closer to the $4,000 level.