Similar to the price rally that GameStop’s stock experienced on Wall Street, GameStop GME meme coin, a crypto using the (GME) theme, has created a great impact in the crypto community. This meme coin pays homage to the story of GameStop and originated on the Solana blockchain. Coin prides itself on its vision of “showing that together we can fight back against the big guys.”
With a staggering increase of over 350% in just 24 hours, this Solana-based meme coin, especially gained attention after receiving support from several leading exchanges. Now let’s take a deeper look at these exchanges and the interesting cryptographic initiative of the GameStop token.
HTX & Bitget Expands GME Support
According to the official statements made by HTX and Bitget, the GME token is ready to be listed on the specified platforms after the preparations started today. brought.
According to the official announcement of HTX, the listing process of the GME token has started. Deposits opened today at 05:10 UTC, and the GME/USDT spot trading pair will begin trading with an official announcement once it meets market demand. Additionally, withdrawals will be available starting at 07:00 UTC on May 15.
Similarly, according to Bitget’s announcement, trading began at 09:00 UTC on May 14, while deposits were open. The spot trading pair that will be listed will again be GME/USDT, and withdrawals will begin at 10:00 UTC on May 15.
These listings, prompted by the token’s extraordinary 350% rise, further increased speculation among investors regarding potential investment opportunities. As noted by a blockchain analysis platform called Arkham, a trader made a $30,000 purchase of the Solana-based GME meme coin yesterday, just 10 minutes after Keith Gill, also known as ‘Roaring Kitty’, posted a tweet.
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
This phenomenon has sparked great interest in global cryptocurrency markets. It is striking that the trader currently holds $571,300 worth of GME tokens. It is also worth noting that GameStop shares and GME crypto have been on the rise in recent years. This bullish trend appears to have enabled GameStop to attract similar attention in traditional stock and cryptocurrency markets.
GameStop (GME) Token Rallyed Over 350%
At the time of writing, GME’s price is up 370.64% in the last 24 hours and is currently trading at 370.64%. The token’s market value increased by 363.38% to $126.14 million, while 24-hour volume increased by 350.63% to $202.83 million.
While it should be noted that there was no mention of GameStop crypto or stock in Roaring Kitty’s post on
