GME trading volumes have also surged significantly, rising 1,292%
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At the time of writing, GME is trading at around $0.0127, up 225% in the last 24 hours. Trading volumes have also surged significantly within the said time frame, rising 1,292% to over $271.8 million, signaling a rise in market activity. The surge in trading volumes comes as traders seek to capture gains amid the massive price jump. On-chain analytics firm LookonchainAfter the massive surge in the GME price, the smart trader sold 3.5 million GME at $0.01226 for 260 SOL, or $43,000. The trader still holds 108 million GME worth $1.5 million with a total profit of about $1.37 million, obviously waiting for the next big price move for GME.
Notably, GME has rallied 2,118% in the last 30 days and is up 240% in the last seven days, per CoinGecko data.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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