GameStop (GME) Meme Coin Review & Analysis: Next Big Meme Coin To Explode?

GME, one of the most popular meme coins to buy from May to July, has seen massive price recovery in the last 24 hours, adding 32% to its value with a single peak. Notably, ever since its introduction, the Gamestop price has been on positive track mainly due to some positive news about the GME stocks or comments from the popular finance influencer Roaring Kitty.

Then, what is GME meme coin? How about its future outlook? Next, let’s have a close look at this meme coin.

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Table of Contents

What is GameStop (GME)?

GME Tokenomics

GME Price Analysis

What Factors Impact the Price of GameStop Meme Coin?

GameStop (GME) Price Prediction

Is GameStop (GME) A Good Investment in 2024?

How to buy GME Coins?

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What is GameStop (GME)?

Cryptocurrency	GME
Token	GME4
Price	$ 0.005109 -3.39%
Rank	706
Market Cap	$ 35.2M
24H Trading Volume	$ 13.1M
All-time High	$ 0.031511
All-time Low	$ 0.000411
24 High	$ 0.005407
24 Low	$ 0.004887
Cycle High	$ 0.008343 / 2024-11-17 03:55:00
Cycle Low	$ 0.001765 / 2024-08-05 06:45:00
Update Time	2024-12-17 09:24:01

GME is a Solana-based meme coin created as a tribute to the popular GameStop meme stock event in 2021 based on information from GeckoTerminal. GME embodies the essence of the historic revolt against the financial giant. Like any other meme coin, GME was created without any intent of blue-chip utilities.

Just like most meme coins, GME has a low-entry barrier. Users don’t need to do extensive investment research, and just have to buy into the coin because it has a fun community. GME adopts the slogan ‘we love the coin’ a pluralized form of the phrase used first by Keith Gill and popularized by the ‘degenerates’ who championed the GameStop fiasco.

GME draws its popularity from the original GameStop story and the community members that have shown support for the meme coin across social media channels and other media. The GameStop meme coin community has grown to thousands of followers on social media and on the project’s Telegram community.

GME has seen significant success in the goal of community-building, another important contributor to its popularity is the meme coin boom sustained on the Solana network.

On the back of the GME stock price rally, GameStop (GME) meme coin is gaining growing popularity.

It should be noted that GME meme coin has no ties to the actual GameStop stock

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GME Tokenomics

There are about 6.9 billion GME tokens are currently in circulation. While the total supply is unknown. However, this asset appears to have no extra mint functions. GME tokens are mainly used for trading, with no additional utility at time of writing. GME currently has a 24 hour trading volume of $1.022 million and a market cap of over $339.428 million.

Gamestop (GME) trades on centralized and decentralized exchanges with the GME ticker, note that several copies could exist, so always verify the token address before committing any funds. Active trading platforms for GME include centralized exchanges like Coinex, Bitget, and BingX, and decentralized exchanges on the Solana network including Orca and Jupiter.

GME Price Analysis

Like most meme coins, the price of GME is extremely volatile. The GME token rose to a high of $0.0135 in early February and swung up and down for a few weeks before eventually losing steam and falling.

As of writing this article, the GME coin was traded at $ 0.005109, boasting a market cap of $ 35.2M, and witnessing a hefty 24-hour trading volume of $ 13.1M. GameStop (GME) saw a 24-hour change of  -3.39%, with minor fluctuations of  -2.34% in the past hour.

The following sets forth the GME to USD Chart

GameStop Chart

What Factors Impact the Price of GameStop Meme Coin?

As a kind of digital asset, there are a number of variables in the cryptocurrency market that can drive the price of GameStop meme coin upwards or downwards. Here is breakdowns about factors influencing GameStop Meme Coin’s price trend:

• Market sentiment: Bullish sentiment often results in price increases, while bearish sentiment can lead to price drops.
• Adoption: Whether the demand for more GME increases or decreases depends greatly on growing adoption. Wider adoption of GameStop meme coin by businesses and individuals could drive the price up.
• Regulations: Government regulations around cryptocurrency can significantly exert profound influence on the price of cryptos, including GME token.
• GameStop Meme Coin Development: Improvements or updates to the GameStop meme coin protocol could add its value.
• Tokenomics and vesting schedule: Strategic token distribution and allocation discourage immediate selling pressure and incentivize holding. A controlled release schedule (vesting) also prevents a price crash by slowly introducing tokens into the market.

GameStop (GME) Price Prediction

The crypto market’s volatility demands a forward-looking approach, allowing investors to anticipate potential price movements and position themselves strategically. Therefore, before deciding whether GameStop meme coin is a good investment, predicting the future prices of GameStop meme coin is crucial for investors to make informed decisions.

GameStop (GME) Price Prediction 2024

In terms of GME price prediction for 2024, market indicators suggest that GameStop meme coin is predicted to be traded within the range of $0.0004 on the lower end and $0.015 on the high end by the end of year 2024. The anticipated average cost is positioned around $0.0043 for the entirety of 2024, offering investors valuable insights into potential future trends.

Here are the possible price changes we expect for $GME in the next half month:

GameStop (GME) Price Prediction 2025

In terms of GME price prediction for 2025, it is predicted that by 2025, the GameStop (GME) token could see a potential low price of $ 0.005021. However, there is also potential for the token to reach a high of $ 0.008189. On average, it is expected that GME will maintain a trading price of around $ 0.007526.

GameStop (GME) Price Prediction 2030

As for long-term price prediction on GME for 2025, it is projected that the minimum price of GameStop (GME) tokens could reach is $ 0.006963 by 2030. Given the expected economic conditions for that year, the token’s maximum value could climb to $ 0.012229. On average, the trading price of GME is forecasted to stabilize at approximately $ 0.011458.

GameStop (GME) Price Prediction 2050

GameStop (GME) is predicted to be traded within the range of $ 0.018334 on the lower end and $ 0.034010 on the high end by the end of year 2050. The anticipated average cost is positioned around $ 0.030904 for the entirety of 2050, offering investors valuable insights into potential future trends.

There is large uncertainty about the future price of $GME, as the cryptocurrency market changes rapidly. With this in mind, we have made both more bullish and more bearish forecasts for $GME meme coin based on a variety of different scenarios.

Potential Highs & Lows of GameStop (GME)

Here are our projected highs and lows for GameStop (GME) from 2025 to 2050:

 Is GameStop (GME) A Good Investment in 2024?

As a meme coin deployed on the Solana blockchain, GameStop (GME) has gained massive attention since its introduction.

Given its current market trend, future price prospects for the cryptocurrency are looking strong heading into 2030. However, like many other meme coins, GME has no real utility or use case on the Solana ecosystem, except for being used in transactions or swapping into SOL.

Investors should remain aware of the inherent risks and speculative nature of meme tokens like GME. As with any investment, potential buyers should conduct thorough research and consider market trends and external influences before making investment decisions.

How to buy GME Coins?

GameStop (GME) can be purchased and traded on some leading crypto exchanges like Raydium,CoinEx, XT.COM, BingX, Bitget, MeteoraOrca and OrangeX.

Unfortunately, BTCC does not support GME trading for the time being. However, it is worth mentioning that BTCC supports trading for large variety of popular meme coins, such as PEPE, DOGE, SHIB, BONK, etc. If you are interested in these popular meme coins, you can make a purchase on BTCC exchange with highest security level and a most competitive fee.

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