GameCredits Price Analysis – high probability of trend reversal

GameCredits (GAME) currently has a US$159 million market cap, and rose in value by a factor of 10x in 2017. However, the asset has lost just over half of those gains in the past three months.GAME was created in 2016 by European developers and aims to be a universal payment method for in-game transactions. The team has also been working on the Gamecredits Mobile Store and Platform, an alternative to the Google Play and Apple stores. GAME’s app store currently boasts over 300 games, with more on the way. The store keeps 10% of total game sales as opposed to the 30% cut by Apple and Google, much needed competition which helps indie developers keep more proceeds.