The value of GOUT has skyrocketed by over 70% as Ethereum approaches the $4,000 mark.

As per the data from CoinGecko, GOUT’s price has surged from a low of $0.0003233 in the past 24 hours to a peak of $0.0005573 at the time of writing.

This meme coin has also experienced a remarkable increase of more than 140% over the last week.

GOUT spikes 70%, Stacks and MAD trend as Ethereum inches to $4,000 - 1
GOUT 24H Price Chart From CoinGecko

In addition to the usual volatility seen in meme coins, GOUT has launched its own research and development task platform, which may have contributed to the price increase.

Furthermore, GOUT was chosen as the inaugural project for the BNB Chain’s 33 BNB daily meme coin airdrop.

The meme coin initiative has been actively donating, with one of its recent contributions aimed at supporting stray dog families worldwide.

Stacks and MAD Trends on CMC

Stacks has emerged as the second-largest gainer among the top 100 altcoins, with its price climbing from $2.17 to as high as $2.45 in the past 24 hours.

Stacks has announced that they will unlock Stack’s BTC next week, allowing users to earn free Bitcoin (BTC) rewards. Additionally, they plan to host five days of sBTC giveaways and have formed a partnership with Hex Trust.

GOUT spikes 70%, Stacks and MAD trend as Ethereum inches to $4,000 - 2
STX 1D Price Chart From CoinGecko

In addition, another meme coin based on Solana (SOL), MAD, has been trending on CMC. A significant factor contributing to the coin’s heightened visibility may be the recent trading competition hosted by Gate.io, which announced a $36,000 MAD prize pool.

Recently, MAD was also listed on the Phemex exchange. While it hasn’t displayed a significant price change in the last 24 hours, it has seen an increase of nearly 20% over the past week.

The rise in value for these coins coincides with Bitcoin reclaiming the $103,000 level and Ethereum (ETH) getting closer to the $4,000 threshold.