GameStop (GME) is a meme cryptocurrency on the Solana blockchain that is gaining immense popularity on the back of the GME stock rise. The token is a community project that is a homage to the infamous American game store of the same name and was started by its fans.
This article is a guide to the GameStop project where will learn more about the cryptocurrency, understand its tokenomics, make price predictions for GME going until 2030, and list exchanges from where to buy the tokens, before determining whether it is a credible cryptocurrency investment.
So, without further ado, let’s get started.
What is GameStop (GME)?
GameStop is a newly launched meme token on the Solana network that pays homage to the ever-popular gaming store by the same name. The token project closely follows the real-world GameStop and bases its performance on news related to the company.
The token surged substantially in the last couple of days after financial analyst and investor Keith Gill, also known as TheRoaringKitty, posted a meme on X that resurfaced for the first time since 2019. The last the meme was posted, GameStop stock made an all-time high.
GME has no real use case apart from being a souvenir for those who have fond memories of GameStop.
What is the GameStop (GME) Token?
GME is the native cryptocurrency of the GameStop ecosystem. The utility token is used to perform all transactions on the network, and will potentially become the governance token for the GameStop community to get themselves involved in developmental decisions.
The value of GME is dependent upon news related to GameStop. Recently the token’s value started to surge after the price of GameStop stock began to rise.
GME has a maximum supply of 6.88 billion tokens, and all of them are currently in circulation. GameStop has a market capitalization of $118.91 million and attained a trading volume of $159.07 million in the last 24 hours.
At the time of writing, GME is trading at $0.01791 – up 341.6% in the last 24 hours.
GameStop (GME) Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
Based on its current valuation, we have analyzed the minimum, average, and maximum prices at which GameStop (GME) could be trading leading up to the year 2030.
YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
2024 | $0.015866 | $0.016517 | $0.019853 |
2025 | $0.018881 | $0.020316 | $0.028191 |
2026 | $0.026244 | $0.03088 | $0.041159 |
2027 | $0.039104 | $0.046012 | $0.062562 |
2028 | $0.053963 | $0.063496 | $0.091966 |
2029 | $0.078247 | $0.092069 | $0.12507 |
2030 | $0.11424 | $0.13442 | $0.18636 |
Where to Buy GameStop (GME) Token From?
GameStop (GME) can be purchased and traded on the following cryptocurrency exchanges:
Is GameStop (GME) a Credible Cryptocurrency Investment?
GameStop is a meme coin deployed on the Solana blockchain that has gained massive attention over the past few days. The token has gotten so popular that its value surged by over 400% in under 24 hours.
The meme coin is a homage to the popular American gaming store of the same name and closely follows news related to it. As a spoof crypto, GME has no real utility or use case on the Solana ecosystem apart from being used in transactions or swapping into SOL.
Considering its current market, future price prospects for the cryptocurrency are looking strong heading into 2030.
However, as is the case with every other cryptocurrency, GME is also prone to extreme price fluctuations. Therefore, it is crucial to conduct thorough research before making any investment decision regarding GameStop.
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