Why Did GME Token Spike Over 20% in 24 Hours? Key Market Drivers Revealed
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 29 2024GME Token and GameStop Stock Performance: The GME token experienced a significant rise of 26.37% in one day, closing at $0.004773, while GameStop Corporation's stock increased by 8.96%, indicating a correlation between the two.
Future Predictions and Market Trends: Analysts predict that GameStop's stock may continue to rise, potentially reaching between $25 and $28, which could further boost the GME token price, although an all-time high rally for the token is deemed unlikely at this time.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
