Is It Too Late To Buy GME? GameStop Price Pumps Another 51% And This Might Be The Next Crypto To Explode

The GameStop worth rose 51% within the final 24 hours to commerce at $0.02035 as of 03:12 a.m. EST on buying and selling quantity that skyrocketed 705% to $145 million.

It comes amid hype across the resurfacing after three years of Roaring Kitty, AKA Keith Gill, the persona behind the GameStop inventory saga in 2021.

Jim Cramer would possibly take credit score for the most recent a part of the pump although. After he stated that the GameStop (GME) inventory asset is overvalued, GME soared 92%. 

2021: Jim Cramer stated $GME is overvalued, worth pumped 92%.

2024: Jim Cramer says to promote GameStop $GME and $AMC Leisure shares.

If you realize him, you realize what it means ! pic.twitter.com/0zcdvQary5

— Thriller of Crypto (@Mysteryofcrypt) May 15, 2024

GameStop Value Aiming For A New All-Time Excessive Over The Bullish Pennant

The GameStop worth has been on a tear, hovering 3,675% within the final week to an all-time excessive (ATH) of $0.02167 on Could 15, information from GeckoTerminal exhibits. This worth acts because the fast resistance degree that the bulls want to beat to push the worth above the bullish pennant sample.

GME trades properly above each the 50-day and 200-day Easy Shifting Averages (SMAs), a affirmation of the bullish rally to the upside.

The Relative Power Index (RSI) signifies that traders are at the moment in a shopping for frenzy, with the RSI at the moment buying and selling at 66 because it heads up. If the bullish stance continues, the RSI may rise above the 70-overbought area, signaling the beginning of a powerful bullish development to the upside.

Furthermore, the Shifting Common Convergence Divergence (MACD) kinds a bullish crossover, with the MACD line (blue) crossing over the sign line (orange), a sign that the bulls are shopping for extra.

The inexperienced bars forming above the zero line are additionally a sign that GME is on a constructive momentum. The Common Directional Index (ADX) trades at degree 58, over the 50 degree, exhibiting that GME is at the moment on a really sturdy bullish development.

GameStop Value Prediction

The GameStop worth evaluation signifies that GME is poised to soar over the bullish pennant, because the bulls goal to propel the worth to a brand new ATH above $0.030.

Nonetheless, if the bears take management of the worth, GME may go down by a retrace again to $0.01192, which coincides with the 50-day SMA.

In the meantime, because the GME worth soars, different traders are shopping for into the Mega Cube presale, a GambleFi venture that’s already garnered over $1 million in its presale.

Mega Cube Presale Blasts Previous $1 Million – The Subsequent 100X Gem?

Solana’s blockchain initiatives proceed to seize consideration within the meme coin area. One among them, at the moment in its presale, is Mega Cube (DICE), a token for gaming and playing.

The Mega Cube platform has continued to achieve a popularity as one of many fastest-growing crypto casinos, boasting over 50,000 energetic gamers and a month-to-month turnover that exceeds $50 million. It additionally presents over 4,000 video games and a sportsbook that has all kinds of choices for customers.

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With its ICO launch, Mega Cube has develop into the primary GambleFi venture on the Solana blockchain. The venture seems to problem on line casino sector titan Rollbit Coin and comply with within the footsteps of a presale like that of TG.On line casino, which soared 4X on launch.

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Be a part of the $DICE presale and be a part of the subsequent gem gaming token – $600K already raised! 🚀

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Why do you have to contemplate becoming a member of the $DICE presale? 👇 pic.twitter.com/nTtNHgrqDC

— Mega Cube On line casino (@megadice) April 30, 2024

Token holders have the chance to earn passively by staking $DICE, with the group allocating 10% of DICE’s complete 420 million tokens for staking rewards.

99Bitcoins, a crypto YouTube channel with over 700,000 subscribers, consider that $Cube may doubtlessly soar 100X after its launch.

In case you’d like to affix the presale, you should buy $DICE on the official web site right here for $0.069 per token utilizing BNB, ETH, or SOL. You can even earn 10% on any purchases made by traders you refer.

Associated Information

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