In an unprecedented flip of occasions, within the background of GameStop’s (NYSE: GME) inventory echoing a frenzy throughout Wall Street with a worth rally, the GameStop (GME) crypto seems to have emerged because the discuss of the city of the crypto group. Standing as a tribute to GameStop’s saga, the GME memecoin was born on the Solana blockchain, with the coin boasting the imaginative and prescient of ‘showing we can stand up to the big guys together.’
With an astonishing surge of over 350% in simply 24 hours, this Solana-based meme crypto has seized the highlight, particularly after receiving help from a number of outstanding exchanges. Let’s delve deeper into these exchanges and GameStop token’s intriguing cryptographic enterprise.
HTX & Bitget Extend Support For GME
According to the official statements shared by the CEXs HTX and Bitget, the GME token is all set to be listed on the prior talked about platforms, with preparations commencing right now.
As per the official announcement from HTX, the itemizing course of for the GME token has begun. Deposits began at 05:10 UTC right now, and the spot buying and selling pair GME/USDT will start buying and selling as soon as the deposit quantity meets the market demand, with an official announcement to be made in advance. Withdrawals for a similar can be obtainable from May 15 at 07:00 UTC.
Meanwhile, per Bitget’s announcement, deposits have been open, whereas buying and selling started on May 14 at 09:00 UTC. Similar to HTX, the spot buying and selling pair to be listed is GME/USDT, with withdrawals for a similar starting on May 15 at 10:00 UTC.
Notably, rising amid the token’s phenomenal 350% bull run, these listings have additional propelled a stockpile of speculations amongst traders over potential funding alternatives. As spotlighted by Arkham, a blockchain analytics platform, a dealer was famous to have been shopping for $30,000 of the Solana GME meme coin yesterday, lower than 10 minutes after the ‘Roaring Kitty’ a.okay.a. Keith Gill posted this tweet:
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
This phenomenon has raised eyebrows throughout the worldwide crypto panorama, because the dealer’s holdings are actually price $571,300. Moreover, it’s price noting that GameStop inventory and the GME crypto have rallied in tandem.
Also Read: Binance Extends Backing For PEPE, WIF, ENA, WLD & Others, Price Rally Ahead?
GameStop (GME) Token Rallies Over 350%
As of writing, GME crypto’s price skyrocketed 370.64% previously 24 hours and is at the moment buying and selling at 370.64%. The token’s market cap surged 363.38% to $126.14 million, adopted by a 24-hour quantity upswing of 350.63% to $202.83 million.
Although it’s price mentioning that Roaring Kitty’s publish on X talked about nothing about GameStop crypto or inventory, the outstanding chronological alignment of occasions has taken the crypto market by storm.
Also Read: FLOKI Price Soars 10% As Token Burn Proposal Gains Majority Support
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