Circulating supply:3,111,400,200 GMT
Total supply:5,073,850,155.1 GMT
Max supply:0 GMT
Market cap:$20.29M
Fully diluted market cap:$33.08M
Tokenomics:Uniqueness
STEPN aspires to disrupt the fitness industry in several ways.
Firstly, it incentivizes users to live a healthier lifestyle through a straightforward token reward mechanism. After downloading the app and creating a wallet, users can buy a pair of NFT sneakers to start earning in the game’s Solo Mode. By running or walking around, they can earn Green Satoshi Tokens (GST). Different types of sneakers return GST at different rates — the higher a sneaker’s efficiency attribute, the more GST per minute the user can earn.
This introduces the second revolutionary element of STEPN: the gamification of fitness. Thanks to the app’s in-game rewards, daily energy allowances, and customized sneakers, STEPN gamifies movement and nudges users towards a healthier lifestyle. In the future, the app plans to add a Marathon Mode, which will have weekly and monthly races between 2.5km and 15km. Marathon participants will be able to earn and compare their achievements on a leaderboard, with extra rewards for the top-ranking runners.
Finally, STEPN allows users to signal in two ways: through living a healthier lifestyle and earning tokens for it and through positively contributing to carbon neutrality. The former gives users an emotional and financial reward. The latter is achieved through STEPN’s contributions to buying Carbon Removal Credits on Solana to combat climate change.
Token utility
GMT can be earned through easy participation in several game activities and by running. These tokens allow you to level up to a high spot and change the name on your sneakers. Moreover, they are also used to distribute game profits and high-level activities that can also be considered premium content. Much like the GST token, GMTs can also be swapped with USDC when the sneakers reach level 30 or above and not before.
The market value of GMT currently stands at $20.29M, and its market ranking is #628. The value of GMT is not widely recognized by the market. When the bull market comes, the market value of GMT may have great growth potential.
As a new type of currency with innovative technology and unique use cases, GMT has broad market potential and significant room for development. The distinctiveness and appeal of GMT may attract the interest of specific groups, thereby driving up its market value.
Based on GMT's historical price performance prediction model, the price of GMT is projected to reach $0.01101 in 2027.
In 2032, the GMT price is expected to change by +45.00%. By the end of 2032, the GMT price is projected to reach $0.02387, with a cumulative ROI of +302.27%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of GMT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.
If you want to buy GMT, the following information may be helpful for your investment decisions:
In the last seven days, the price of GMT has risen by 1.57%, leading to positive returns for most GMT investors. The market is currently optimistic about the price trend of GMT.
It is important to note that the current price of GMT has retreated by -99.84% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether GMT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in GMT or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of GMT, if you want to buy or sell GMT, you can consider Bitget for your trading needs. The best place to buy GMT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in GMT has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy GMT. Here's a
step-by-step guide on how to buy GMT on Bitget.
Using cash to buy GMT is not the only way to obtain GMT. If you have the time to spare, you can get GMT for free.
Learn how to earn GMT for free through the
learn2Earn.
All crypto airdrops and rewards can be converted to GMT through Bitget Convert, Bitget Swap, or spot trading.
The use case of GMT may expand as the crypto market and the project itself develop. Currently, you can use GMT to achieve the following goals:
Arbitrage by trading GMT: Since GMT is a frequently traded cryptocurrency, the price of GMT is always fluctuating. Earn more GMT by buying low and selling high on the exchange.
Bitget spot market provides a variety of GMT trading pairs to fully meet your needs.
Earn by staking GMT: You can also generate income through financial management methods such as staking GMT or lending GMT.
Bitget Earn offers a variety of financial products designed to help you earn more income from your GMT.
Send or pay GMT: If you want to give GMT to your friends, a charity, or a fundraiser, or you want to pay someone with GMT, you can quickly and easily send GMT to the recipient through their payment address.
You can also go to the official website of the GMT project to learn more about the use cases of GMT. For example, find out if the GMT project supports the use of GMT within its community or ecology, or if the GMT project allows you to purchase physical or virtual products in GMT.
