As a researcher with a background in cryptocurrencies and blockchain technology, I find the current situation of Gamestop (GME) in the crypto market intriguing. The meme coin, known for its massive volatility and popularity among retail investors, has seen significant price fluctuations recently. While it experienced an impressive surge with gains up to 1800%, it is now on a correction track, trading at $0.003694 as of now.
Gamestop, the famous video game retailer crypto, has marked its place in the crypto market with huge profits this month. The token made its name in the crypto market with 1800% gains earlier. As of now, Gamestop is trading at $0.003694 and is on the correction track following the fall earlier. Despite that, GME is among the most preferred meme coins for investors. So, who are the richest holders of this meme coin? Let’s check out that as the Gamestop Rich list is out.
40K People Carries Gamestop In Their Portfolios
Based on Coincarp’s latest figures, approximately 40,623 of us crypto investors hold Gamestop in our portfolios, despite its unpredictable price fluctuations. However, I’ve observed that the instability has taken a toll, with the number of us holding the meme coin decreasing this week. On May 25th, there were around 42,506 addresses with Gamestop in their wallets. Unfortunately, this number has been on the decline and now stands at only 40,623.
In the annals of trading, May 13, 2024, marked a significant milestone for GameStop as the number of holders swelled from 19,771 to an impressive 42,852. However, what truly stands out is the top GameStop holder identified by the address “B67uhi9MPKBoJMJZ37te5qoGAJoF5TWkqxnUSSPXPoH3,” which now controls an astonishing 633,914,526 GME tokens out of a total supply of 1 Billion. Remarkably, this address has recently acquired an additional 255,861,726 tokens, bringing its current holdings to approximately $2.34 Million worth of GameStop meme coins.
As a researcher, I’ve discovered that the second highest Ethereum address on my list, which holds the identifier “2kdQwdXdwxSJdzFEFtuo9tpmA88FVjMH7F5kgBZNHPR5,” possesses approximately half the number of GME tokens as the first address. Specifically, this address contains 317,267,389 tokens. In the past week, it has received an additional 12,542,471 tokens. The total value of these tokens is equivalent to $1.17 million.
The third contender isn’t far behind in this competition, as the address “42sHAppYTYwffBeY6JbSRuicMfJMwebERCniHEjQYSms” holds approximately 271 million tokens. An impressive additional 33 million tokens have been added just this week. Presently, this address holds a value of one million dollars, with each token being priced at 0.003694.
Due to Gamestop’s current financial struggles, network activity related to the meme coin has been relatively low. However, once the market trend improves for this coin, its holder base is expected to expand significantly, as seen in the past few weeks. The recovery of this meme coin remains uncertain at present, as it continues to decline since reaching its all-time high (ATH) of $0.0219 – a substantial 83% drop from its current value. Investors are closely watching whether Gamestop’s stock price will reach $1 by 2024.
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2024-05-31 19:57