GameStop Price Prediction As GME Dives 12% And Investors Flock To This AI Meme Coin Offering A 199% APY

The
GameStop
price
plummeted
12%
in
the
last
24
hours


to
trade
at
$0.01431

as
of
00:33
a.m.
EST
on
trading
volume
that
plunged
15%
to
$97
million.

This
comes
as
Keith
Gill,
the
stock
influencer
known
as
Roaring
Kitty
on
X,
revealed
on
June
13
that
he’d
increased
his
holdings
of
GME
shares
to
9
million
from
5
million
previously. 

Gill,
who
was
a
key
driver
of
the
GameStop
short
squeeze
saga
in
2021,
recently
disclosed
a
sizable
GameStop
stock
and
options
position
in
a
screenshot
posted
on
Reddit
on
June
2.
Following
this
move,
GameStop’s
share
price
experienced
significant
volatility.

The
price
fluctuations
have
also
been
evident
on
GME-related
altcoins,
with
the
GameStop


meme
coin

dropping
55%
from
its
all-time
high
(ATH)
of
$0.03189,
attained
on
June
7,
data
from


GeckoTerminal

shows.

GameStop
Price
Set
For
A
Bullish
Trend
Reversal
Over
The
Symmetrical
Triangle

The
GameStop
price
has
been
trading
within
the
symmetrical
triangle
pattern
in
the
last
week.
However,
the
recent
drop
has
resulted
in
the
token
dropping
below
the
lower
boundary
of
the
triangle.

GME
dropping
from
the
upper
boundary
of
the
triangle
has
pushed
the
price
to
trade
below
the
50-day
Simple
Moving
Average
(SMA),
with
this
level
acting
as
the
immediate
resistance
level
at
$0.017.
However,
GME
still
trades
over
the
200-day
SMA,
an
indication
of
a
possible
trend
reversal.

Moreover,
the
Relative
Strength
Index
(RSI)
drops
from
the
50-midline
level
as
it
hurtles
toward
the
30-oversold
level,
currently
at
40.
This
shows
that
sellers
have
the
upper
hand.

In
a
scenario
where
sellers
continue
with
the
trend,
the
asset
could
be
oversold,
which
could
prompt
a
retrace
to
the
next
support
zone
around
$0.00923,
coinciding
with
the
200-day
SMA.

In
an
inverse
scenario,
with
the
asset
being
oversold,
the
bulls
could
prompt
a
buyback
campaign
which
could
result
in
a
strong
bullish
reversal
over
the
upper
boundary
of
the
symmetrical
triangle.

Meanwhile,
some
traders
are
pivoting
to
an
AI
meme
coin
called
WienerAI,
a
new
canine-themed
token
that
merges
two
of
the
hottest
niches
in
crypto
right
now:
AI
and
meme
coins.

WienerAI
Soars
Past
$5.6
Million
In
Presale
–
Next
100X
Crypto?

WienerAI
(WAI)

is
garnering
immense
attention
within
the
crypto
community
after
surging
past
$5.6
million
in
funds
raised
and
after
recently
raising
$2
million
in
less
than
two
weeks.

More
Wieners
every
day
–
Our
WienerAI
family
is
growing
fast!
????

More
holders
=
More
excitement
for
our
launch!

Ready
to
join
the
pack?
????????

pic.twitter.com/TPFpsjLGFX

—
WienerAI
(@WienerDogAI)

June
13,
2024

The
project
combines
the
power
of
artificial
intelligence
(AI)
and
blockchain
technology,
offering
a
unique
trading
platform
that
promises
an
enhanced
trading
experience
for
all
users.

That’s
the
role
of
its
planned
trading
bot,
which
uses
predictive
technology
and
a
user-friendly
interface
to
provide
users
with
advice
on
when
to
buy
and
sell
crypto.

More
than
just
a
bot–WienerAI
is
your
ultimate
crypto
trading
companion.

We’re
delighted
to
share
some
sneak
peeks
with
our
incredible
and
supportive
community.
(1/4)

pic.twitter.com/kR8ypeJycj

—
WienerAI
(@WienerDogAI)

June
11,
2024

Adding
to
the
appeal
is
its
charming
wiener
dog
mascot,
injecting
a
touch
of
whimsy
into
the
mix.

Token
holders
also
have
an
opportunity
to
earn
passively
through


the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
199%.

According
to
99Bitcoins,
a
popular
crypto
channel
on
YouTube,
$WAI
has
the
potential
to
surge
100X
after
its
launch.

You
can
be
part
of
the
presale
by
buying
WAI
tokens
for
$0.000718
each.
But
hurry
as
the
price
will
increase
in
less
than
two
days.

Buy
WAI
tokens
on
the
official
website
here

using
ETH,
BNB,
USDT,
or
a
bank
card.

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