STEPN (GMT) Holds Gains While Many Top Coins Taste Declines
The GMT’s price has been in a strong upward trend in the past seven days despite other major coins nosediving. It experienced a 13% 7-day growth and a 24-hour gain of 0.53% this morning. Meanwhile, several top coins like FEI USD, Basic Attention Token (BAT), and Ravencoin have seen their prices plummet badly. STEPN (GMT) remains a major move-to-earn crypto project in the market despite fierce competition from the likes of SWEATCOIN. With a market cap of over $400 million, GMT is the 87th largest cryptocurrency by market capitalization on Coinmarketcap. Related Reading: BIS Announces....
Related News
China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able to access the app starting on July 15, the developers have said. The blockade on users from this region is set to become effective when Stepn stops providing GPS and IP location services. Despite revealing the plans to....
The first-of-its-kind move-to-earn lifestyle app launched in 2021, STEPN, has faced massive Distributed Denial-Of-Service (DDoS) attacks. Find Satoshi Lab, creator of STEPN, has advised its users to pause for a bit: “We recommend you take some rest during the maintenance or otherwise the work-outs may not be recorded properly. Our engineers are working hard to […]
Since StepN launched in December 2021, the move-to-earn app has become a crowd-puller in GameFi or the play-to-earn blockchain space. According to Jerry Huang, StepN co-founder, around 2 to 3 million users worldwide are actively using the app. While it’s a small feat compared to the hundred-million players that other mega-hit web 2.0 games have, […]
The two have formed a strategic partnership to build a virtual STEPN city in the GigaSpace metaverse. The new metaverse GigaSpace has formed a strategic partnership with the move-to-earn fitness app STEPN to build a virtual STEPN City for their community. Sharing the same vision with STEPN – building a bridge connecting Web2 & Web3, GigaSpace is building a virtual world that is not only designed for Web3.0 parties, but also Web2.0 parties that will dive into Web3.0. The STEPN City will be a sports-themed city that includes buildings and facilities such as stadiums, shopping malls,....
STEPN (GMT) has struggled to show its move in recent months after ranking as the top gainer for several weeks against tether (USDT). The price of STEPN has struggled to rally to $1 despite the market seeing relief bounces across the market, with many altcoins producing double-digit gains, with the price of STEPN (GMT) showing little or no steam left for a major rally. (Data from Binance) Related Reading: WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022 STEPN (GMT) Token Price Analysis On The Weekly Chart GMT saw a decline in its price from a region of $4 to....