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STEPN

GMT

3.9

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Market

Market stats

Market cap

$190.4M

Volume (24h)

$10.6M

Circulating supply

1.2B GMT

Typical hold time

23 days

Popularity

#70

All time high

$4.11

Price change (1h)

-0.71%

Price change (24h)

-0.56%

Price change (7d)

+4.19%

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STEPN is on the rise this week.

The price of STEPN has risen by 4.19% in the past 7 days. The price declined by 0.56% in the last 24 hours. In just the past hour, the price shrunk by 0.71%. The current price is $0.16 per GMT. STEPN is 96.14% below the all time high of $4.11.

The current circulating supply is 1,195,083,808.75 GMT.

About

GMT is a Solana token that governs STEPN, a lifestyle app that encourages users to “move-to-earn.” STEPN users with NFT sneakers can earn GMT by walking or running outdoors. GMT can be used to pay for digital items and upgrades as well as staking and voting on future changes to the platform.

What is STEPN (GMT)?

STEPN is a revolutionary move-to-earn blockchain-based application that promotes a healthier lifestyle by incentivizing daily physical activities like walking, jogging, or running. GMT stands for Green Metaverse Token, which is the governance token associated with STEPN.

How does STEPN (GMT) work?

Users engage in physical activities and, in return, earn rewards in the form of tokens. These tokens can then be converted into GMT or other cryptocurrencies. The more active a user is, the more tokens they can earn, promoting a healthy lifestyle.

What is the relationship between GST and GMT?

While GST (Green Satoshi Token) serves as an inflationary reward token, GMT acts as a store of value within the Stepn ecosystem. GST has an infinite supply, bearing the selling pressure from users cashing out their rewards. GMT, however, has a capped supply and accrues value based on in-app user transactions and in-game utility functions.

What is the vision behind STEPN?

The core idea behind STEPN is to merge the benefits of physical activity with the digital world. By incentivizing movement, STEPN aims to promote a healthier mind and body lifestyle, bridging the gap between the physical and virtual realms.

Who Are the Founders of STEPN?

Jerry Huang and Yawn Rong are the co-founders of Find Satoshi Lab, the company behind STEPN. They conceptualized and developed STEPN, a unique "move-to-earn" application that rewards users with cryptocurrency for engaging in physical activities such as walking or running. Their innovative approach to integrating fitness with the crypto world has garnered attention, and they have recently expanded their ventures by launching an NFT marketplace named MOOAR. This marketplace stands out by mandating royalty fees, ensuring that original creators of NFTs receive a portion of the sales price every time their digital collectible is resold. The royalty fees on MOOAR can range from 0.5% to 10%, offering creators a choice in how they wish to be compensated.

Founded in 2021, the company has already amassed about 5 million users for STEPN and has ambitions of building a comprehensive crypto super app in the future.

How is STEPN different from other blockchain applications?

Unlike traditional blockchain applications, STEPN focuses on real-world activities. It's not just about trading or holding tokens; it's about integrating daily life activities with the blockchain, making it more accessible and beneficial for everyday users.

What is the GMT token's role in the STEPN ecosystem?

GMT, or Green Metaverse Token, acts as a governance token within the STEPN ecosystem. It serves as a store of value and is used for various in-app transactions and in-game utility functions. The token also plays a crucial role in decision-making processes within the platform.

How does STEPN benefit its users?

Apart from promoting physical health, users have the potential to earn from their daily activities. By converting their earned tokens, users can benefit financially, making it a win-win for both health and wealth.

What partnerships and collaborations does STEPN have?

STEPN has collaborated with renowned brands like ASICS and is continuously working towards establishing more partnerships to enhance user experience and expand its reach.

How sustainable is the STEPN model?

While STEPN has seen rapid growth, with millions of active users, its sustainability is backed by continuous innovations, partnerships, and a strong focus on user engagement. The team behind STEPN is dedicated to ensuring a balanced ecosystem, with regular token buybacks and burns to regulate the token supply.

What's the future of STEPN?

STEPN aims to evolve into a comprehensive Web3 lifestyle application with gamified and social components. The roadmap includes the development of a decentralized exchange, an NFT marketplace, and the introduction of more real-world partnerships and collaborations.

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FAQ

What is the current price of STEPN?

We update our STEPN to USD currency in real-time. Get the live price of STEPN on Coinbase.

What is the market cap of STEPN?

The current market cap of STEPN is $190.42M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of STEPN?

The all-time high of STEPN is $4.11. This all-time high is highest price paid for STEPN since it was launched.

What is the 24 hour trading volume of STEPN?

Over the last 24 hours, the trading volume of STEPN is $10.64M.

What other assets are similar to STEPN?

Assets that have a similar market cap to STEPN include Edgecoin, Aragon, Ravencoin, and many others. To see a full list, see our comparable market cap assets.

How many STEPN are there?

The current circulating supply of STEPN is 1.2 billion.

What is the typical holding time of STEPN?

The median time that Coinbase customers hold STEPN before selling it or sending it to another account or address is 23 days.

What is the relative popularity of STEPN?

STEPN ranks 151 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy STEPN on Coinbase?

Yes, STEPN is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy STEPN guide.