GameStop Price Prediction As GSTOP Plummets 60% And Investors Flock To This Play-To-Earn Dogecoin Derivative For Parabolic Gains

The
GameStop
price
plummeted
60%
in
the
last
24
hours


to
trade
at
$0.001635

as
of
00:58
a.m.
EST
on
trading
volume
that
plunged
70%
to
$5
million.

This
comes
amid
rumors
that
brokerage
E-Trade
is
having
internal
discussions
about
whether
to
ban
Keith
Gill
from
the
trading
platform
over
concerns
of
potential
market
manipulation.

????
BREAKING:

ROARING
KITTY
MIGHT
GET
KICKED
OFF
E*TRADE

WSJ
REPORTS
GROWING
CONCERNS
OF
POTENTIAL
STOCK
MANIPULATION
WITH
GAMESTOP
PURCHASES

—
RoaringKittyTracker
(@kittytrcker)

June
3,
2024

Keith
Gill,
known
as
Roaring
Kitty
on
X,
played
a
central
role
in
the
GameStop
saga
in
2021,
and
disclosed
on
Reddit
on
June
2
that
he
holds
a
$181.4
million
investment
in
GME
stock
and
call
options.

GameStop
shares
shot
up
early
Monday
after
Gill
posted
a
screenshot
of
his
portfolio
holdings.

BREAKING:
Roaring
Kitty
has
finally
posted
on
Reddit
after
3
years.

He
has
$65M
worth
of

$GME
Gamestop
calls
with
a
$21
strike
expiring
in
19
days…

He
also
has
$115M
of
shares,
making
his
total
position
close
to
$200M
in
Gamestop.

Oh.
My.
Goodness.

pic.twitter.com/yV5AWBZMnX

—
amit
(@amitisinvesting)

June
3,
2024

The
broker
found
that
in
May
Gill
had
bought
call
options
before
he
posted
on
X,
with
some
of
those
contracts
expiring
that
week,
which
means
he
likely
made
a
profit. 

With
GME-related
altcoins
dropping
after
the
recent
Gill
post,
GSTOP
has
not
been
able
to
reclaim
the
$0.0057
resistance
level,
as
it
dropped
below
the
lower
boundary
of
the
falling
wedge
pattern,
according
to
data
from


GeckoTerminal. 

GameStop
Price
On
A
Bearish
Trend,
Trading
Below
the
Falling
Wedge

The
GameStop
price
shows
a
strong
bearish
trend,
with
GSTOP
trading
below
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
forming
the
immediate
resistance
levels
at
$0.003218
and
$0.003739.

Moreover,
the
Relative
Strength
Index
(RSI)
is
dropping,
closing
in
on
the
30-oversold
mark,
currently
at
36,
which
indicates
that
the
sellers
have
an
upper
hand.

The
Average
Directional
Index
(ADX)
also
trades
up,
currently
above
level
25
at
27,
which
is
a
signal
that
GSTOP
is
on
a
strong
bearish
trend.

GameStop
Price
Prediction
–
Could
The
Bulls
Stage
A
Trend
Reversal?

The
GameStop
price
analysis
on
the
1-hour
chart
shows
a
strong
bearish
trend,
with
the
major
indicators
showing
that
investors
are
currently
on
a
selling
spree.
Furthermore,
the
50-day
SMA
crosses
below
the
200-day
SMA,
forming
a
death
cross
at
$0.0037,
encouraging
the
bears
to
sell
more.

If
the
bears
sustain
the
bearish
momentum,
GSTOP
could
retrace
more
to
the
next
support
zone
around
$0.00118,
which
acts
as
a
cushion
against
downward
pressure.

However,
with
the
RSI
showing
that
the
asset
is
highly
oversold,
investors
may
prompt
a
buyback
campaign,
which
may
allow
the
bulls
to
stage
a
bullish
trend
reversal,
aiming
to
overcome
the
resistance
zones
at
$0.003218
and
$0.003739.

Meanwhile,
other
investors
are
piling
into
a
new
DOGE
derivative
ICO
called
PlayDoge,
which
has
already
amassed
more
than
$1.7
million
in
less
than
a
week
since
it
launched.

PlayDoge
Meme
Coin
Raises
Over
$1.7
Million
In
Less
Than
A
Week
–
Best
Crypto
To
Buy
Now?

PlayDoge
(PLAY)

is
a
mobile-based
play-to-earn
(P2E)
game
that
transforms
the
DOGE
meme
into
a
Tamagotchi-style
virtual
pet,
which
allows
users
to
seamlessly
earn
$PLAY
tokens.
The
project’s
mascot
is
PlayDoge,
a
virtual
dog
that
acts
as
a
P2E
companion.

PlayDoge’s
$PLAY
token
acts
as
a
value
transfer
and
storage
transactional
layer
for
the
gaming
ecosystem,
where
holders
get
to
train,
feed,
and
nurture
the
2D
Doge,
earning
$PLAY
tokens
in
the
process.

Don’t
ghost
your

#Doge
or
it’ll
die
????

Feed
your
Doge,
earn
rewards,
and
level
up.
No
mazes,
just
fun!#Presale
has
launched!
????#PlayDoge

#P2E

#Memecoin

pic.twitter.com/Fp2sFwycpj

—
PlayDoge
(@PlayDogeGame)

May
31,
2024

Just
like
Dogecoin,
$PLAY
is
a
meme
coin
centered
on
the
Shiba
Inu
dog
breed,
but
similarities
end
there.
One
notable
difference
from
Dogecoin
is
that
PlayDoge
works
on
a
proof-of-stake
(PoS)
system.

PlayDoge
also
runs
on
the
BNB
Smart
Chain,
a
blockchain
created
by
the
world’s
largest
crypto
exchange,

Binance.
That
ensures
that
users
have
access
to
transaction
efficiency
and
can
also
seamlessly
integrate
gaming
activities.

Token
holders
can
also
earn
passively
through
the
project’s
staking
system,
where
they
can


stake
$PLAY

for
an
annual
percentage
yield
(APY)
of
191%.

According
to
Jacob
Bury,
a
popular
crypto
analyst
and
YouTuber,
PlayDoge
has
the
potential
to
surge
10X
after
its
launch.

You
can
buy
$PLAY
tokens
for
$0.00502
each.
With
a
price
hike
coming
in
about
2
days,
buy
soon
to
lock
in
the
best
deal.

To
join
the
presale,


buy
$PLAY
from
the
official
website
here

using
BNB,
USDT,
or
a
bank
card. 

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