StepN Popularity Surges With GMT Token Hitting $860m market cap

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StepN, a move-to-earn app that launched in December 2021, has been a crowd-puller in the GameFi or play-to-earn blockchain space.  

The market cap of StepN's native token (GMT) reached $860 million on May 22.

According to Jerry Huang, co-founder of StepN, the app has about 2 to 3 million active users worldwide. Which is an achievement in comparison to other web 2.0 games with hundreds of millions of users in the crypto world