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GameStop’s GME Leaps 400% in a Day Due to Keith Gill’s Impact

Published 05/14/2024, 08:45 PM
GameStop’s GME Leaps 400% in a Day Due to Keith Gill’s Impact
GME
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  • GME token surged over 400% in a day, reaching $0.01143 with a 1600% weekly gain.

  • Keith Gill’s meme led to a surge in GameStop’s stock price, causing trading pauses.

  • Technical indicators signal strong buying pressure and bullish momentum.

GameStop (GME), a meme coin built on the Solana blockchain, has taken the crypto market by surprise. According to CoinMarketCap’s data, the token soared by over 400% in a single day, captivating traders, investors, and the entire crypto community.

As of press time, the GME token is trading at $0.01143 per coin. This follows a weekly surge of over 1600%, showcasing significant growth in a short period. The bullish uptick in GME’s value has also had a notable impact on its intraday market cap, which surged by 380.98%, reaching $77,671,794.

GME/USD 24-Hour Chart (Source: CoinMarketCap)

This remarkable increase has positioned GME as the 498th largest cryptocurrency by market cap. Furthermore, the trading volume in the past 24 hours has seen a substantial rise, hitting $175,452,941.

This represents a 384.35% increase, reflecting heightened interest from investors and traders. On the same accord, the volume-to-mar…

The post GameStop’s GME Leaps 400% in a Day Due to Keith Gill’s Impact appeared first on Coin Edition.

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