Through its wholly owned subsidiary – Shadow Gaming, GGTOOR, Inc., (OTC: GTOR) is quickly becoming one of the fastest growing esports stocks and could soon be a major player in the eSports market. This month particularly was a success for GGTOOR. The release of their latest management reports highlighted the company’s expansions, personnel additions, and immense corporate growth in key categories over the past five months. Furthermore, with news that the company is developing and launching its own proprietary NFT platform, GGTOOR looks like it is going to take part in a highly profitable market. 

Catalysts

In 2021, the global eSports market is on track to surpass $1 billion in revenue, an almost 50 percent increase from the previous year. And as demand continues to skyrocket, the industry is expected to maintain a 15% annual growth rate – reaching $2.5 billion by 2022. John V Whitman, GGTOOR’s CEO, realizes the market potential and understands that the way forward for the company is through growing their database.

With over 120 events, 29,899 registered players, 14,175 Discord users, and 127,531 Twitch unique viewers –  it is clear that 2021 has brought the company tremendous growth. GTOR has assured investors that with a growth rate of 1,000 player registrations per week, the company could secure up to 780,000 registered players by the end of its next fiscal year. This growth can be attributed to GGTOOR’s emphasis on event quality. In fact, the company is known for continuously forming relationships with new tournament organizers, specific to the games it’s featuring, as a way of improving results and attracting a broader audience.

This year, with the goal of becoming a leader in the industry, GTOR invested heavily in creating its very own gaming portal – GGToor.com – under Shadow Gaming. The launch of GGToor.com has helped accelerate GTOR’s growth and opened the door for the company to accept subscriptions from players, gamers, and tournament organizers. Through intensive competition research, GGToor.com is being continuously customized and upgraded, with the goal of becoming one of the most comprehensive gaming portals in the world. 

As the company looks to the future, it is actively scouting for locations to build indoor eSports arenas that will one day host major international gaming tournaments. Overall, 2022 is looking promising as GTOR announces its plans for expanding into in-person venues, the launch of their cryptocurrency “GGcoin” – and of course, more events. 

Media Sentiment

Investors like @TamikaKathleen have been impressed with GTOR’s revenue stream compared to other esports stocks and has high hopes for the company moving forward.

Technical Analysis

esports stocks GTOR chart

Today, GTOR is trading at $.0289 with a primary support of .026, a secondary support of .0239 and a resistance of .03. Its accumulation is showing a downward trend with a sign of an uptick. LEAS is showing a bullish MACD with no sign of an incoming crossover and an RSI that is holding at 58.

Should you buy?

With a growing number of registered players and a promising market, GGTOOR looks like it’s heading in the right direction. Its plans to operate a few subsidiary companies, launch its own cryptocurrency and innovate in its gaming platform can give it a headstart amongst competitors in the industry. Whitman believes the company is drastically undervalued, and if this growth trend continues then GTOR could be on its way to becoming one of the most valuable eSports stocks. Considering that this sector is often overlooked as an investment opportunity and the headstart GTOR is getting over its competitors, this company may be worth a second look.

Disclaimer

Please visit and read our disclaimer here.

You can also join our free alerts room and Twitter for the best stock alerts out there.

Don’t forget we have a Youtube Channel with at least biweekly releases on the latest and greatest runners!

Comments to: eSports Stocks Moving Up: GTOR

    Your email address will not be published. Required fields are marked *

    Attach images - Only PNG, JPG, JPEG and GIF are supported.

    1600% gains BY

    Halloween

    Get Treated and not tricked this Halloween
    Treat your portfolio subscribe to our FREE newsletter

    You Get

    – FREE Alerts with detailed analysis weekly
    – Daily Curated News Roundup
    – All Articles and videos as they are released

    WE WILL NEVER


    – Sell you anything
    – Spam you
    – Sell your data