GameStop Price Tanks 24% As Roaring Kitty Profits Plummet $350M And Investors Eye This New GameFi Crypto For 100X Gains

The
GameStop
price
plummeted
24%
in
the
last
24
hours


to
trade
at
$0.01654

as
of
03:57
a.m.
EST
on
trading
volume
that
slumped
38%
to
$111
million.

This
came
after
Keith
Gill,
widely
known
as
Roaring
Kitty
on
X,
saw
$350
million
wiped
from
his
profits
on
GameStop
shares
in
a
week
after
the
company’s
stock
price
sank
more
than
50%. 

According
to
Michael
Pachter,
a
GameStop
analyst
at
Wedbush,
the
company’s
prospects
for
a
major
recovery
are
bleak.
Pachter
argues
that
the
stock’s
lack
of
coherent
strategy
and
past
failed
attempts
to
revitalize
its
business
operations
hinder
its
future. 

He
argues
that
any
temporary
uplift
in
GME’s
stock
price
due
to
Roaring
Kitty’s
influence
is
likely
to
be
short-lived.

GameStop
Price
Set
For
A
Rebound
Over
The
Ascending
Triangle
Pattern

The
GameStop
price
has
been
on
a
drop
in
June
after
hitting
its
all-time
high
(ATH)
of
$0.03189,
being
47%
below
this
level,
data
from


GeckoTerminal

shows.
However,
recent
price
fluctuations
have
been
on
an
ascending
triangle
pattern,
with
the
bulls
aiming
to
overcome
the
$0.01563
resistance
zone.

GME
trades
above
the
200-day
Simple
Moving
Average
(SMA),
which
acts
as
the
critical
support
zone
around
$0.01563.
GME
bulls
aim
at
pushing
the
token’s
price
over
the
50-day
SMA,
which
acts
as
the
immediate
resistance
zone
at
$0.0188.

The
Relative
Strength
Index
(RSI)
is
trading
up
from
the
30-oversold
level,
currently
trading
at
42,
which
is
a
signal
of
increasing
buying
pressure.
If
the
bulls
sustain
this
bullish
momentum,
the
RSI
could
soar
to
the
overbought
region,
which
could
prompt
a
bullish
run.

The
GameStop
technical
and
fundamental
analysis
indicates
that
the
asset
is
on
a
slight
retrace.
However,
the
bulls
seem
to
be
using
the
$0.0153
support
to
possibly
push
GME
through
a
trend
reversal,
targeting
the
upper
boundary
of
the
ascending
triangle
around
$0.023.

Conversely,
if
the
bears
exert
more
pressure
at
this
point,
it
may
push
the
token
down
through
a
retrace
to
the
next
support
zone
around
$0.012.

Meanwhile,
as
the
GameStop
price
aims
for
a
bullish
trend
reversal,
GameFi
lovers
are
piling
into
the
Mega
Dice
presale,
a
project
that
is
set
to
be
the
first
Gamblefi
project
on
the
Solana
blockchain.

According
to
the
99Bitcoins
YouTube
channel,
$DICE
could
potentially
soar
100X
after
its
launch. 

Mega
Dice
Presale
Garners
Over
$1.4
Million
–
Next
100X
Crypto?

Mega
Dice
(DICE)

is

a
crypto
casino
and
gaming
platform
that
has
over
11,000
monthly
users
who
lock
in
more
than
$50
million
in
bets.
DICE
is
the
new,
native
token
for
Mega
Dice
Casino,
which

has
already
garnered
over
$1.4
million
in
funding.

$DICE
presale
has
raised
$1.4
Million
????

Current
tier
price:
0.075
????
Current
presale
target:
$2M
????

We’re
implementing
multiple
tiered
price
increases,
so
make
sure
to
secure
your

#DICE
early!
Don’t
forget,
you
can
now
utilize
your

$DICE
directly
in
our
Web
and
Telegram…

pic.twitter.com/VAsI6u27aD

—
Mega
Dice
Casino
(@megadice)

June
7,
2024

Users
on
the
platform
enjoy
over
4,000
casino
games
and
have
access
to
over
50
sports
and
eSports
betting
options.

A
$2.25
million
airdrop
giveaway
over
three
seasons
is
well
underway,
and
currently
in
season
two.
Players
have
an
opportunity
to
win
a
maximum
airdrop
of
$37,500.

The

$DICE
Season
2
Airdrop
is
STILL
LIVE
–
Earn
Your
Share
of
a
$750,000
AIRDROP!
????????

Want
a
piece
of
the
action?
Just
wager
$5000
or
more
between
May
15
and
28
June,
2024,
and
you
could
claim
your
share
of
the
$750,000
airdrop!
????
With
a
maximum
airdrop
of
$37,500
per
player,…

pic.twitter.com/YiFxEUucRx

—
Mega
Dice
Casino
(@megadice)

May
31,
2024

To
get
in
on
the
action,
all
you
need
to
do
is
wager
$5,000
or
more
between
May
15
and
June
28
to
have
an
opportunity
to
grab
a
portion
of
the
$750,000
season
two
giveaway.

Token
holders
also
stand
a
chance
to
share
in
the
casino’s
profits
on
a
daily
basis
through
its
unique
staking
system.

To
join
the
presale,


you
can
buy
$DICE
on
the
official
website
here

for
$0.075
per
token
using
BNB,
ETH,
or
SOL.
You
can
also
earn
10%
on
any
purchases
made
by
investors
you
refer.

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