Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Gamestop
Attitudes Turn Sour Towards GameStop, Whilst Ethereum And Rampant Raboo Emerge As Top Coin Picks
After becoming popular in 2021, GameStop faded, but returned in May 2024, with an impressive rally. However, the hype fizzled quickly, with a whopping $13.1 billion claimed to have been lost by investors. For this reason, investors are becoming less optimistic about GameStop and are now shifting focus towards altcoins with good investment opportunities like Ethereum (ETH), and the new presale token called Raboo ($RABT). Raboo, while in its presale, is experiencing a surge in popularity due to its AI-driven…
1 year ago
GameStop Mania Fades, A 40% Plunge May Begin, if Bulls Fail to Defend These Levels!
The post GameStop Mania Fades, A 40% Plunge May Begin, if Bulls Fail to Defend These Levels! appeared first on Coinpedia Fintech News Bitcoin price regained some strength as its levels soared above $67,000 at the time of composition, due to which some of the altcoins gained momentum. GameStop, the token that incepted the markets and began its trading journey just a few days ago, seems to have been losing its fame. The price traded within a steep descending trend…
1 year ago
GameStop Surpasses Bitcoin’s Annual Returns in a Day, Yet Crypto’s Potential Spurs Greater Enthusiasm
GameStop surged by nearly 200% this week after the man who sparked its rally in 2021 returned to action to promote the meme stock on social media, a higher gain than Bitcoin’s over the past year. However, GameStop’s hype has died down and is gradually dipping today, as expected, but Bitcoin continues to trade above $64,000. Three years since the meme stock mania took Wall Street by storm, GameStop and other meme stocks were at it again this week. The…
1 year ago
Will Altcoin Season Follow the GameStop Pump? 5 Best Cryptos to Buy Now
The post Will Altcoin Season Follow the GameStop Pump? 5 Best Cryptos to Buy Now appeared first on Coinpedia Fintech News After a three-year hiatus, the GameStop frenzy has resumed and its price has increased by 59% today. The last time GameStop exploded, liquidity rotated from meme stocks to crypto, igniting Dogecoin’s rise to a $80 billion market cap and Solana’s 66x pump to a $78 billion market cap. Adding to the excitement, analyst CryptoAmsterdam noted that the current altcoin…
1 year ago
GameStop Memecoin Surges 4100% in Two Days
The post GameStop Memecoin Surges 4100% in Two Days appeared first on Coinpedia Fintech News The meme coin GameStop’s price has surged by 4100% in the last two days, providing a smart trader the opportunity to make massive profits. After the enormous frenzy in 2021, GME is back in the spotlight following Roaring Kitty’s tweet. However, former SEC Chair Jay Clayton doesn’t seem happy, believing it should be illegal for ‘TheRoaringKitty’ to post memes online. In a CNBC interview, he…
1 year ago
Pepe Power! Meme Coin Surges On Back Of GameStop Nostalgia
The internet’s resident amphibian is back in the spotlight, but this time Pepe the Frog isn’t gracing troll forums – he’s maneuvering his way to the top of the cryptocurrency charts. PEPE, the meme coin named after the internet legend, is experiencing a historic surge, fueled by a potent mix of nostalgia and retail investor fervor. From Backwater To Bullfrog: PEPE’s Rise PEPE’s recent ascent is nothing short of meteoric. Trading volume has skyrocketed by an impressive 300% in the…
1 year ago
GameStop Crypto Soars Over 350% in 24 Hours, Boosting Stock Price
The post GameStop Crypto Soars Over 350% in 24 Hours, Boosting Stock Price appeared first on Coinpedia Fintech News GameStop Crypto, a Solana-based meme coin, witnessed a price rally of over 350% in the past 24 hours, which also sparked a rally in GameStop stock’s price. According to official statements by HTX and Bitget, the GMD token is set to be listed on these platforms, with the listing process on HTX already underway. Blockchain analytics platform Arkham noted that a…
1 year ago
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GamestopGameStop Stock And Wolverine Memecoins Explode As Roaring Kitty Returns To The Spotlight
GameStop, the video game retailer that took Wall Street by storm in 2021, has once again become the talk of the town as its share price surges 100%. Fueling this rally is the return of the influential social media figure Keith Gill’s “Roaring Kitty.” After a long hiatus, Roaring Kitty’s recent activity on social platforms, including an image and video, has ignited excitement among investors and triggered a renewed frenzy for GameStop’s meme stock and the emerging world of memecoins. …
1 year ago
Roaring Kitty Returns: GameStop Stock ($GME) Surges Over 40% in Pre-Market Trading
The post Roaring Kitty Returns: GameStop Stock ($GME) Surges Over 40% in Pre-Market Trading appeared first on Coinpedia Fintech News GameStop’s meteoric rise continues as “Roaring Kitty” makes a comeback on X, sending GME surging over 40% in pre-market trading. With a market cap nearing $10 billion and a staggering $4.5 billion added in just three weeks, GME is on the verge of joining the ranks of the 500 largest US public companies. The resurgence extends to other meme stocks,…
1 year ago