common-close-0
BYDFi
Trade wherever you are!

What is the highest price ever reached by GME in the cryptocurrency market?

avatarDayana RaadfarDec 17, 2021 · 3 years ago3 answers

Can you tell me the highest price ever reached by GME (GameStop) in the cryptocurrency market? I'm curious to know the peak price it reached and if it had any significant impact on the market.

What is the highest price ever reached by GME in the cryptocurrency market?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The highest price ever reached by GME in the cryptocurrency market was $483.00. This happened during the GameStop short squeeze in January 2021. The sudden surge in demand for GME shares caused its price to skyrocket, leading to massive gains for some investors. However, the price quickly dropped back down after the short squeeze frenzy subsided.
  • avatarDec 17, 2021 · 3 years ago
    GME reached its highest price in the cryptocurrency market at $483.00. It was a historic moment for GameStop and the cryptocurrency market as a whole. The price surge was driven by a combination of factors, including retail investor enthusiasm and coordinated buying efforts on social media platforms like Reddit. While the price increase was significant, it was short-lived, and GME's price eventually returned to more normal levels.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recorded the highest price ever reached by GME in the cryptocurrency market at $483.00. This price spike occurred during the GameStop short squeeze phenomenon, which attracted widespread attention and caused a frenzy in the market. Many investors made substantial profits during this period, while others experienced significant losses. It was a unique event that showcased the power of retail investors in the cryptocurrency market.