GameStop

Roaring Kitty

Billion

<ul class="list-ic vertical"> 
 <li> 1 <a>Gamestop (GME) is up 120% in just a few hours amid soaring social interactions.</a> </li> 
 <li> 2 <a>At press time, GME was trading at $0.0157 with an intraday surge of 300, market cap was $93.226 Million.</a> </li> 
 <li> 3 <a>GME is trading 3100% above its all-time low with extremely high price volatility.</a> </li> 
</ul> 
Keith Gill, also known as Roaring Kitty on social platforms, gained attention for his social media posts that caused the trading price of the GameStop coin to surge by over 250%. 
The trading volume of Gamestop crypto has increased by 1200% in the past 24 hours. Once again, Roaring Kitty’s strong influence on the market is highlighted. 
At the time of writing, GME was ranked #507 in terms of market capitalization according to CoinMarketCap. Additionally, the volume/market cap ratio of the crypto is 282.45%, demonstrating substantial liquidity in the crypto. 
<h2 class="wp-block-heading" id="strong-gamestop-social-interactions-at-fever-pitch-strong">GameStop Social Interactions at Fever Pitch!</h2> 
According to LunarCrush, GME is up nearly 120% in just a few hours in terms of social interactions. GameStop social dominance chart displays a positive trajectory, highlighting the rising interest of the users about the GME crypto. 
<center>
 <blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24GME&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GME</a> coin just moved up nearly 120% in the last hour on soaring social interactions. View the data at <a href="https://t.co/RJkuVj3g3q">https://t.co/RJkuVj3g3q</a> <a href="https://twitter.com/gmecoinsol?ref_src=twsrc%5Etfw">@gmecoinsol</a> <a href="https://t.co/PHMSIXBrsT">pic.twitter.com/PHMSIXBrsT</a>— LunarCrush Social Intelligence (@LunarCrush) <a href="https://twitter.com/LunarCrush/status/1797427629320208510?ref_src=twsrc%5Etfw">June 3, 2024</a>
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</center> 
<h3 class="wp-block-heading" id="strong-could-gme-price-still-continue-surging-strong">Could GME Price Still Continue Surging?</h3> 
The <a href="https://www.thecoinrepublic.com/2023/02/10/fraudster-tricks-a-longmeadow-single-mom-into-crypto-fraud/" target="_blank" rel="noreferrer noopener">GME crypto</a> has performed well in the last month, increasing by 1455%. GME (POLONIEX: GME) has a positive year-to-date return of 2400% and a three-month return of 310%. 
At press time, the GME price has traded at $0.0157 with an intraday surge of 300%, its market cap stands at $93.226 Million, and its 24-H trading volume was $256.376 Million. There are 6.88 Billion tokens in circulation. 
GME’s past price structure highlights that during a period of consolidation, it had formed a descending triangle pattern which it broke out from on June 3rd, 2024. 
This breakout has led to a significant surge in the trading price and volume of GME, thus, it indicated by a strong bullish candle and suggested potential for further price surges. 
<h3 class="wp-block-heading" id="strong-do-technical-indicators-also-support-the-bulls-strong">Do Technical Indicators also Support the Bulls?</h3> 
GME price has surpassed the 50-day EMA on the daily chart and has broken through the Bollinger Band, indicating a strong breakout from the consolidation phase.  
<a href="https://in.tradingview.com/chart/GMEUSDT/9NTnetGq-GME-crypto-s-price-has-surpassed/"></a><a href="https://in.tradingview.com/u/Sam_TCR/"></a><a href="https://in.tradingview.com/"></a>  
Similarly, the MACD and signal line have formed a golden cross and are holding above the zero level, indicating a bullish trajectory of the GME price. 
Additionally, the RSI has entered the overbought zone after breaking above the 14-day SMA, signaling a strong increase in the crypto’s momentum. 
If the breakout continues to be this strong, the next targets for the GME price could be $0.02500 and $0.03000. Conversely, if GME price falls and fails to stay above the $0.00350 level, it could decline further. 
<h4 class="wp-block-heading">Summary</h4> 
Keith Gill, also known as Roaring Kitty, gained attention for his social media posts that caused the trading price of the GameStop coin to surge by over 250%. At press time, GME was traded at $0.0157 with an intraday surge of 300%, and the past price structure of GME indicates a significant surge in the trading price and volume of the GME, with potential for further price surges. 
After the break-out, GME surpassed the 50-day EMA on the daily chart, breaking through the Bollinger Band, and highlighting a bullish trajectory. If the breakout continues to be strong, the next targets for the GME price could be $0.02500 and $0.03000. Conversely, if the GME price fails to stay above the $0.00350 level, it could decline further.

GME Social Interactions Are High, What Has Ignited The Price?

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Thecoinrepublic.com

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