Cryptocurrency Price Prediction

STEPN (GMT) Price Prediction 2022, 2023, 2024, 2025: Will The Price Still Surge To $1? 

Author: Elena R

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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The crypto space has been cordial to budding projects in the industry. A number of which cater to diverse sectors of the business. One such project is STEPN, which has taken the business by storm, with its unique approach. STEPN is a web3 foundation lifestyle application, which holds elements of socialFi and gamefi . The project is home to its native token GMT, which had posed euphoric runs in the past.

The protocol has lured in a number of investors with its reward policies and industry-unique approach. Are you one of the many, who have been considering GMT for investments? Look no further, as this write-up will cover the feasible price predictions for 2022 and the years to come. 

Overview

CryptocurrencySTEPN
TokenGMT
USD Price$0.5566
Market Cap $333,095,465.84
Circulating Supply 600,000,000.00 GMT
Trading Volume $72,931,917
All-time high$4.11 (April 28, 2022)
All-time low$0.1003 (March 11, 2022)

*The statistics are from the time of publication.

STEPN (GMT) Price Prediction

YearPotential LowAverage PricePotential High
2022$0.5437$0.6808$0.7992
2023$0.6932$1.0484$1.3849
2024$1.1855$1.7650$2.3882
2025$2.1140$3.1858$4.1829

STEPN Price Prediction For Q4

The optimism and positivity of the fourth quarter, supplemented by community-building initiatives. Such as online marathons, and community events could boost the price to $0.7992. In contrast, failing to pick up steam, the altcoin might dip to $0.5437. Considering the bullish and bearish targets, the average price might land at $0.6808

GMT Price Prediction For 2023

If the protocol makers employ community-driving initiatives and incentives. The price could clinch a maximum of $1.3849 by 2023. However, the prolonged dominance of bears could plummet the price to $0.6932. That said, an equilibrium in buying and selling pressures could settle the price at $1.0484

Price Prediction Of GMT For 2024

On a positive note, the project might attract notable adoptions, collaborations, and big money investments, wherefore, the price could rocket to $2.3882. Howbeit, a possible financial crisis or regulatory clampdowns might drop the price to $1.1855. Constrained by the linear momentum, the average price might settle at $1.7650.  

Stepn (GMT) Price Prediction For 2025

By the end of 2025, the industry could thrive in the fields of Web 3.0 and NFTs. The results of this could reflect on STEPN, in such a case, the price might drive to its potential high of $4.1829. On the flip side, emerging rivals and ebbing stance might knock the price down to $2.1140. Considering the bullish and bearish targets, the average price might be $3.1858

CoinPedia’s GMT Price Prediction

As per Coinpedia’s formulated price prediction of STEPN’s (GMT). Considering the vision of the project and the developments in the pipeline. The altcoin could trade as high as $0.8 by the end of 2022. On the downside, it could face south to $0.55

Market Analysis

Firm Name2022202320242025
Digital Coin Price$0.59$0.92$1.18$1.46
Trading Beasts$0.7491$1.2639$1.6716$1.9333
Priceprediction.net$0.63$0.90$1.32$1.97

Click here to read our price prediction of Ankr (ANKR)!

What Is STEPN (GMT)?

In an ocean of crypto assets, STEPN distinguishes itself as a Web 3.0 lifestyle application. Which holds elements of socialFi, and gameFi. The protocol is the first NFT project, which employs the “Move-to-earn” concept. STEPN enables users to buy NFT sneakers, through which, the users can earn currencies, whilst walking, jogging, or running.

The project focuses on revolutionizing the industry with its presence in fitness. While also helping users to monetize, whilst leading a healthy lifestyle. STEPN also counters problems like “Proof-of-Movement”. In the month of March 2022, the project had released its governance token GMT, which stands for “Greener Metaverse Token”. 

The native token is on Solana and allows holders to propose and vote on developments and the distribution of treasury. 

Company Details

stepn

  • NFT Market Place

STEPN stands out as a Web 3.0 lifestyle application, which incorporates elements of socialFi and gamefi. The protocol is the first to use the "Move-to-earn" concept in an NFT project. It enables users to buy NFT sneakers, through which they can earn currency whilst walking, jogging, or running. STEPN was founded in August 2021 by Australian entrepreneurs Yawn Rong and Jerry Huang.   The project focuses on revolutionizing the industry with its presence in fitness. while also helping users to monetize, whilst leading a healthy lifestyle. STEPN also counters problems like "Proof-of-Movement". In March 2022, the project released its governance token GMT, which stands for "Greener Metaverse Token". GMT is on Solana and allows holders to propose and vote on developments and the distribution of the treasury.   The utility token boasts an unlimited supply and is rewarded to users for movement. It also has to burn mechanisms to counter inflation. Conversely, GMT is rewarded after the users have leveled up their sneakers to level 30. There is a total of 6 billion GMT in supply. It is learned that GMT will be halved once every three years.

Fundamental Analysis

STEPN was founded in the month of August 2021, by Australian entrepreneurs Yawn Rong, and Jerry Huang. Mr Yawn holds expertise in blockchain and had previously founded Crypto SA. Which is a crypto fund and pro-regulation auditor. He has served as a representative of the South Australian Blockchain Association. And also as an ambassador for algorand .

On the other hand, co-founder Jerry is a game developer and founder of Falafel Games. The project has raised around $5 M in a seed round from venture capital firms such as Sequoia Capital, Folius Ventures, and solana Capital, amongst others. STEPN employs the dual-token thesis, whilst GST is the utility token, GMT is the governance token.

The utility token boasts an unlimited supply and is rewarded to users for movement. It also has burn mechanisms to counter inflation. Conversely, GMT is rewarded after the users have levelled up their sneakers to level 30. There are a total of 6 billion GMT in supply, it is learned that GMT would be halved once in three years. 

To read our price prediction of Waves (WAVES) click here!

FAQs

On which blockchain is STEPN built?

STEPN is built on the Solana blockchain.

What does GMT stand for?

GMT stands for “Greener Metaverse Token”. 

Where can I buy STEPN?

STEPN is available for trade across Binance, OKX, Bybit, FTX, and Bitget. 

How high will the price of GMT escalate by the end of 2022?

The price of GMT could soar as high as $0.7992 by the end of 2022.

What will the maximum price of GMT be by the end of 2025?

The altcoin could claim its potential high of $4.1829 by the end of 2025. 

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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