GameStop Prediction 2025: Will GME Bank On Crypto To Spark Stock Rally?

6 months ago 21

GameStop, a starring video crippled retailer, is presently mulling implicit exploring crypto actively successful the latest marketplace development. The steadfast is exploring the adjacent plus people portion weighing successful connected usage cases of cryptocurrency deployment successful its immense gaming business. The quality has led the GME banal to enactment a high-value surge, with its banal rising 20% and more. Will specified cryptocurrency investments assistance GME marque important headway successful the planetary crippled markets? Let’s find out.

Also Read: AI Predicts Ripple (XRP) Price For February 20, 2025

GameStop Mulls Over Cryptocurrency: What’s Happening?

GameStop to Wind Down NFT Marketplace Amid Regulatory UncertaintySource: The Verge

GameStop is presently weighing the pros and cons of embedding cryptocurrency successful its video crippled retailing strategy, CNBC confirmed. The video crippled elephantine is presently reasoning of investing successful alternate plus classes, perchance exploring Bitcoin and different crypto assets to bolster its beingness successful the market.

Citing 3 sources, CNBC shared that the authoritative confirmation is yet to arrive; however, the steadfast seems to beryllium successful the process of gauging a befitting usage lawsuit to embed crypto successful GME’s video crippled retail strategy.

GameStop’s CEO Ryan Cohen was earlier documented gathering Michael Saylor, erstwhile CEO of MicroStrategy (now Strategy). The quality of Gamestop exploring crypto has already helped GME banal soar to caller highs, rising 20% successful the process.

Also Read: Crypto To Power 10% of Global Economy by 2030, Coinbase CEO Affirms

GameStop Stock Prediction

With the rising cryptocurrency narratives, GME’s cryptocurrency stint is not astonishing but is deemed a welcoming determination connected X. Per CoinCodex, GME is eyeing a precocious terms spot of $31, which it whitethorn execute astir May 2025.

GME STATSSource: CoinCodex

“According to our existent GME banal forecast, the worth of GameStop shares volition emergence by 22.78% and scope $31.91 per stock by May 14, 2025. Per our method indicators, the existent sentiment is neutral portion the Fear & Greed Index is showing 39 (fear). GME banal recorded 13/30 (43%) greenish days with 8.67% terms volatility implicit the past 30 days. Based connected the GameStop banal forecast, it’s present a bully clip to bargain GME banal due to the fact that it’s trading 17.55% beneath our forecast, and it could beryllium undervalued.”

By the extremity of the year, GME banal whitethorn question a stabler banal outlook, trading astatine $27 successful the process.

Source: CoinCodex

“According to our existent GME banal forecast, the worth of GameStop shares volition emergence by 0.59% and scope $ 26.14 per stock by December 31, 2025. Per our method indicators, the existent sentiment is neutral portion the Fear & Greed Index is showing 39 (fear). GME banal recorded 13/30 (43%) greenish days with 8.67% terms volatility implicit the past 30 days.

Also Read: XRP ETF Filing Accepted by SEC —Is Crypto’s Next Big ETF Wave Coming?

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