Solana

GameStop

Strong

Bonk

<p>The post <a href="https://coinpedia.org/price-analysis/can-your-100-in-gamestop-gme-turn-to-1000-this-bull-run/" rel="noopener noreferrer nofollow">Can Your $100 In GameStop (GME) Turn To $1,000 This Bull Run?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The GME coin price continues to display a strong bullish price action within the crypto market by rewarding its investors with a 112% return, from $0.004044 to $0.008596 within the past 24 hours.</p>
<p>The GameStop (GME) price recorded a massive surge of over 2,000% within hours during the past week after the resurfacing of Keith Gill who goes by the name Roaring Kitty. Following his post about a meme on the “X” platform after being under hibernation for over three years.</p>
<h2 class="wp-block-heading" id="h-gamestop-token-hints-at-a-strong-bullish-reversal">GameStop Token Hints At A Strong Bullish Reversal:</h2>
<p>The latest sensational meme coin on the Solana blockchain, GameStop made its first appearance in the crypto market during the Solana-based memecoin rally in January 2024. The GME price quickly gained market attention, resulting in its price skyrocketing 58,000X within a short period.</p>
<p>This made the GameStop (GME) token one of the most successful memecoin on the Solana ecosystem alongside other memecoins such as the Bonk (BONK) and Dogwifhat (WIF) which had displayed a similar price action following their launch.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/EXp0kVmnrd64fYbNGJ9JE2Zo2BmsLBda6LCfMnef0YjlIFpvygLiorILqBFlqG0LPYc1Y6ZZcJE9Paow5rw4NI8rJkdz9siYqKlkJB_6f2DGiKFuVHXQ1Zs2bSCMQKegWzv8lo8Jqbgf1Ccma7oKwus" alt="GameStop (GME) Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: GME/USDT
 </figcaption>
</figure>
<p>At the time of writing, the GME token was listed with a trading price of $0.00789189 and recorded a trading volume of $82.047 Million, a jump of +84.31% within the past day. Moreover, over the past seven days, it has added over 220%, indicating a strong bullish sentiment for this memecoin.</p>
<h2 class="wp-block-heading" id="h-gamestop-gme-market-sentiments">GameStop (GME) Market Sentiments:</h2>
<p>The Simple Moving Average (SMA) displays a bullish sentiment in the crypto space by supporting the price chart.</p>
<p>Moreover, RSI continues to show an upward trend as it approaches the overbought range with its average hovering close to the mid-point.</p>
<h2 class="wp-block-heading" id="h-will-gme-price-ever-go-back-up">Will GME Price Ever Go Back Up?</h2>
<p>If the hype for memecoins continues to escalate, the market bulls will prepare to push the GME price toward its upper resistance level of $0.0200 by the month-end.</p>
<p>However, if the memecoin experiences an increase in the selling price, the GameStop price will plunge toward its crucial support level of $0.00237 in the coming time.</p>

Can Your $100 In GameStop (GME) Turn To $1,000 This Bull Run?

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