Gamestop vs FLOKI; Which Meme Coin To Buy For High Returns

Meme-based cryptocurrencies have been an integral part of the crypto industry for over a decade. They have gained significant popularity among investors, particularly for their potential for quick gains and low entry prices. Within this category, both established and emerging meme coins contribute to a combined market capitalization of $47.6 billion.

In recent times, meme coins have witnessed increased investor interest, with many offering substantial returns. Prominent examples include Gamestop, FLOKI, and PEPE, among others. This raises the question of which meme coin between Gamestop and FLOKI holds the greatest potential for future gains.

In this analysis, we will delve into the price performance of Gamestop and FLOKI to ascertain which offers the best investment opportunity for high returns.

Gamestop Price Analysis

Gamestop's price has experienced a significant decline after reaching an all-time high of $0.03207 just thirteen days prior. At the time of writing, GME is priced at $0.008465, representing a 74% drop from its peak. This correction follows a broader downtrend in the cryptocurrency market.

Gamestop's market capitalization stands at $58,427,817, ranking 559 on CoinmarketCap. Its trading volume is $40,106,695.

Despite its recent correction, GME boasts a supportive community. Its entire supply is in circulation, and it is held by 55,878 individuals. Similar to the relationship between Dogecoin and Elon Musk, Gamestop enjoys the support of Keith Gill (Roaring Kitty), an influential figure who played a pivotal role in the meme coin's previous surge.

Since launch, GME has generated a gain of 53.6%, which has been eroded by recent price declines.

FLOKI Price Analysis