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GameStop Token (GME) Price Prediction 2024, 2025, 2030 -Will GME Hit $1?
2024/07/17By:
Meme Stock GameStop has long been involved with cryptocurrency. Many of the traders who pushed GameStop in 2021 later switched to Dogecoin, causing a significant increase in $DOGE prices that eventually prompted Elon Musk to back the meme coin.
GameStop has now earned its own meme coin on Solana, and it is trading even higher than GME stock in its most recent push. The GameStop meme currency increased 45 times in just three days of trade.
So, how high can the meme coin go? Continue reading our GameStop meme coin price prediction to find out.
GameStop Meme Coin Price Prediction Summary
In 2021, the original meme stock GameStop almost broke the stock market and set up a historic short squeeze. A Solana meme currency called the GameStop meme coin celebrates this event. While there have been GameStop-themed meme currencies before, the $GME token on Solana has been the most successful.
Following its January 2024 inception, $GME surged 58,000 times; in May of the same year, it surged 45 times more, accompanied by a corresponding surge in GameStop stock. With the new pump, the GameStop meme currency should attract more users and have more longevity than any of the other Solana meme coins.
Our current understanding of the GameStop meme coin is as follows:
- The current price of GME/USD, according to our real-time data, is $0.00733.
- Bitget, MEXC, and Gate.io are among the exchanges where you may buy $GME.
- With a market capitalization of $50 million, $GME is the 601st largest cryptocurrency.
- The $GME market has surpassed $55 million in 24-hour trading volume.
Traders that purchased $GME prior to the latest pump will find GameStop to be one of the top meme coins of 2024. Meme traders’ devotion to GameStop and the meme-ness of GameStop shares give this meme coin hope for the future.
In our opinion, $GME’s price will fall on average, but there will be huge pumps that provide trading opportunities. Our forecast for GameStop prices from 2024 to 2030 is summarized here.
Year | Potential Low | Average Price | Potential High |
2024 | $0.0004 | $0.0043 | $0.015 |
2025 | $0.0001 | $0.0015 | $0.020 |
2030 | $0.00001 | $0.0005 | $0.030 |
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What is GameStop Token?
In honor of the third anniversary of the GameStop short squeeze and to unite the meme trading community, the GameStop token was established as a meme coin. Experienced meme traders who started in the GameStop uprising and newer traders who joined the mania around Solana meme currencies are both welcomed by this big-tent token.
Developed on the Solana platform, $GME provides new meme traders with a wealth of educational materials to assist them get up and running in the ecosystem. There are guides on where to purchase Solana, explanations of common trading jargon, and words of encouragement for novice traders.
The virtual headbands worn by Roaring Kitty and others are available to token holders on GameStop to accessorize their avatars and profile photographs. Traders can flaunt their status as $GME token holders with merch including t-shirts, headbands, and hoodies.
Despite its robust community, $GME is only a meme coin; it doesn’t really have any practical use. You can buy GameStop merchandise with any coin, and it doesn’t even have staking capabilities. Traders that anticipate a resurgence in GameStop’s value utilize the $GME token almost solely for speculation.
GameStop Overview
Although the GameStop token is useless, its wild price swings between January and May attracted a lot of traders. The token’s entire market worth is $50.6 million, but its 24-hour trading volume is $55.6 million.
There are a total of 6.88 billion $GME tokens in circulation at this time. No one knows who is behind $GME, and there is no plan for how the initiative will evolve.
Cryptocurrency | GameStop |
Token | GME |
Price | $0.00733 |
Market Cap | $50.58 million |
Circulating Supply | 6.88 billion |
24 Hour Trading Volume | $55.61 million |
All-Time High | $0.02167 |
All-Time Low | $0.0004105 |
24 High | $0.01379 |
24 Low | $0.006022 |
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GameStop Price Prediction 2024
An already eventful year has unfolded for the GameStop meme coin, which saw gains of 5.8 million percent in the days following introduction and a further 4,500 percent in reaction to Roaring Kitty’s return to X. Traders are wondering, among other things, what the new floor price will be for $GME as the price hasn’t stabilized following the most recent surge.
Compared to its average price level of approximately $0.0005 prior to the May pump, we anticipate that the token will reach an equilibrium price of approximately $0.0043. Moderate support for $GME has been identified around $0.0043, which was formed during the rise and fall of the token in January and February. On the May pump for $GME, this price level served as resistance for a short while as well.
Still, $GME might try to break out of this support level. Consequently, the token can hit a low of $0.0005 before making a comeback. Given that $GME is now “in play” as a meme coin that has the potential to pump again at any moment, we doubt that it will permanently revert to this level. Because of this, more traders will be willing to hold onto $GME, which will boost the price of the token.
We expect the next pump for $GME in 2024 to be weaker than the surge that just happened, but it’s still possible. We anticipate a surge of up to $0.015, which is a 3.5x increase from the average price of $0.0043. Profitable possibilities will likely only present themselves to traders who already owned $GME at the outset of the rally, as any price movement to this level is expected to be abrupt and short-lived.
Our forecast for the remainder of the year’s $GME price activity is displayed in the table below:
2024 | Price |
June | $0.0050 |
July | $0.0045 |
August | $0.0043 |
September | $0.015 |
October | $0.0030 |
November | $0.0040 |
December | $0.0043 |
GameStop Price Prediction 2025
We anticipate that GameStop will maintain its average value loss in 2025, but that it may provide a larger pump comparable to its previous gains. We do not expect $GME to set a new record high, but it has the potential to leap to $0.020, rewarding faithful investors with a 5x-10x gain.
Two factors support our more optimistic prediction of a $GME spike in 2025. To start with, the token’s liquidity will be lower since more time has elapsed since the previous big $GME pump. Since this necessitates that demand substantially exceeds the immediate amount of tokens available to purchase, it is a crucial prerequisite for a significant price surge.
Secondly, with Bitcoin’s price hitting a new all-time high in 2025, more people are predicted to enter the crypto market. There will be more power behind the price pump for $GME during a surge if there are more traders in the market, since this increases the potential demand. The rapid depreciation from $GME’s peak may be mitigated by an influx of new traders who aren’t familiar with the ephemeral nature of meme coins.
The exact moment of a huge $GME increase in 2025 is anybody’s guess, but it will most certainly be linked to the movement of GameStop stock price. The company’s big announcement or a short squeeze on GameStop shares might set it off.
Both prior to and during this increase, we expect support for $GME to gradually fade, bringing the average token value down. We expect the average price of GameStop meme coins to reach $0.0015 by the end of 2025.
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GameStop Price Prediction 2026-2030
From 2026 to 2030, we anticipate that the GameStop meme coin will mirror the price behavior of GameStop stock: a gradual decrease followed by brief price spikes in response to news about the company. Between pumps, $GME is anticipated to see very little trading, which will increase the token’s liquidity but also cause price volatility when trading does resume.
Our prediction is that GameStop may have a pump big enough to push the price up over its all-time high from May 2024. If the $GME token were to achieve its maximum possible price of $0.03, it would be a 30-50x increase from its average price.
Because of the high probability of this pump, many token holders will be reluctant to sell their $GME tokens, which will keep the meme coin’s value from plummeting in the meanwhile. But we think the equilibrium price will go down after 2025, reaching a low of about $0.0005 by 2030’s end.
For the years 2026–2030, we project the following movement in the average price of $GME:
2026 | $0.0010 |
2027 | $0.0008 |
2028 | $0.0006 |
2029 | $0.0005 |
2030 | $0.0005 |
GameStop Token (GME) Latest News
Friday saw a spike in GameStop stock as well as an inspired joke coin. This follows Keith “Roaring Kitty” Gill’s (a hero to retail traders everywhere) recent post on the r/Superstonk subreddit, in which he revealed the most recent valuation of his GME portfolio. His current holdings of GameStop stock and call options exceed half a billion dollars.
The share price of GameStop rose 47% to $46.55 during the course of the overnight trading session. At 1:20 a.m. ET, the Solana-based meme coin GME had a price increase of more than 103%.
In commemoration of the anniversary of the GameStop stock craze, the GME meme coin was introduced on the Solana blockchain in January 2024. The coin is not formally associated with GameStop, but it was inspired by the epic rally of the Reddit community in 2021. In many ways, it resembles a fan-made tribute to the GameStop short squeeze story.
According to a snapshot posted on Reddit, Gill’s stock and options position was worth $586.4 million as of Friday. This news caused GME stock and meme coin to skyrocket.
Another image surfaced earlier this week showing that he spent $115.7 million on 5 million GME shares plus $65.7 million on call options.
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Is GameStop Token a Good Investment?
If you’re looking for a meme coin that’s great for short-term trade and plenty of speculation, consider the GameStop token. We predict that the GameStop token might witness huge pumps in 2025 and beyond, in addition to secondary price increases in 2024.
Because these surges are so unpredictable, traders can only profit from them by buying and holding $GME. A trader’s ability to pace the market for a pump is crucial if they wish to sell at the high. Then $GME traders may have to wait months, if not years, for the next price surge.
To put it simply, GameStop token is not a good cryptocurrency to hold for the long haul. Generally speaking, we anticipate that $GME will depreciate in value, with each trading session resulting in a lower price. Even if the cryptocurrency market is generally favorable, we do not believe that the meme coin’s staying ability will generate gains on its own.
Traders must thoroughly investigate $GME before purchasing due to the token’s significant volatility and unpredictability. Keep in mind that there is no assurance of price increases and that $GME could potentially lose value. Never risk more than you can afford to lose when buying $GME.
Will GME Meme Coin Hit $1?
The $GME Solana meme coin’s $1 price target is very improbable. At $6.7 billion, $GME would have a market cap of $135x its current value, surpassing all other Solana meme coins and even $PEPE.
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Conclusion
With massive profits both at launch and following GameStop stock’s recovery, GameStop token is among the most lucrative Solana meme coins of 2024. Traders stand to gain even more from the meme coin’s potential future price increases now that it has proven its durability.
Traders and investors in cryptocurrencies may find GameStop’s volatility challenging to handle. We also believe that other meme coins have even more potential than $GME to bring about substantial returns. For a list of the top cryptocurrencies to invest in right now, see our 2024 list.
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