Take-Two Stock Jumps 1.2% on GTA 6 Hype, Gaming Tokens Follow

Take-Two Interactive, the parent company of Rockstar Games, saw its stock climb 1.2% in pre-market trading to $150.23 in response to a viral social media post by Cookie DAO. The post highlighted the 13-year timeframe since the last Grand Theft Auto (GTA) installment, sparking wider financial discussions and surging anticipation for GTA 6.

The market activity intensified following the viral post, which drew immediate attention to potential impacts on related digital assets, particularly gaming-focused cryptocurrencies. The crypto market saw a clear response to the heightened GTA 6 excitement, with several gaming and metaverse tokens experiencing increased trading activity and price upticks.

Enjin Coin (ENJ) trading volume, for example, rose by 4.03% over the previous 24 hours. Similarly, Decentraland (MANA) and The Sandbox (SAND) recorded 24-hour price gains of 1.33% and 1.39%, respectively. These increases in gaming token valuations closely mirrored the positive sentiment surrounding TTWO stock, indicating a short-term correlation between traditional equity movements linked to major gaming news and the performance of related digital assets.

Trading indicators have also supported the connection between TTWO’s price and gaming tokens. As of press time, Take-Two’s Relative Strength Index (RSI) stood at 58, suggesting further room for upward price movement. Enjin Coin displayed a bullish crossover between its 50-day and 200-day moving averages on the 4-hour chart. Its price recorded a gain of 1.49%, trading at $ 0.07566 at the time of writing.

The trend appears to extend to institutional investors and broader on-chain activity. The ARK Autonomous Technology & Robotics ETF saw a 1.8% increase in inflows over the past 48 hours. In the cryptocurrency markets, a 2.3% rise in large Bitcoin transactions connected to known gaming and tech-focused digital wallets was observed, while Bitcoin itself held steady near to $97,000 with a 3% daily gain.

A data analysis confirmed a 0.75 correlation coefficient between TTWO’s stock and gaming tokens, confirming the linked sentiment. Active SAND wallet addresses rose by 5% over the same period, indicating ongoing retail engagement driven by the GTA 6 narrative.