GameStop ($GME)
GameStop ($GME)
General Characteristics
GameStop ($GME) is a community-driven meme coin launched on the Ethereum blockchain on May 13, 2024. It features a cat with short brown fur and a red headband with “GameStop” written on it. $GME pays homage to GameStop’s short squeeze saga of January 2021. The stock price soared due to a group of everyday traders buying up shares to counter institutional investors shorting the stock. With a lighthearted and fun approach, $GME aims to carry on the spirit of the 2021 GameStop stock rally by attracting a flood of retail cash and boosting value.Roadmap
As of the time of writing, $GME’s roadmap is not publicly available on its website and social media platforms. The team could add the roadmap in the near future.Functionality and Utility
For now, $GME only functions primarily as a community-driven meme coin. However, as the project grows, it could add various utilities.Market Performance and Dynamics
While the price of $GME skyrocketed shortly after launch last month, it has faced correction recently. According to data from DEXTools, this meme coin is currently being traded at $0.00001428 with a trading volume for the last 24 hours of $639.96K. Its market cap is $6.03M and its liquidity is $810.42K. Initial liquidity has been burnt forever, and ownership has been renounced.Community
The Ethereum-based meme coin boasts a solid and engaging community with 7.8K followers on X, 4.6K subscribers on Telegram, and 5.67K token holders.Pros
- Strong and engaging community
- Inspired by a global brand
- Zero taxes on buy and sell orders
Ethereum
