StepN Popularity Surges With GMT Token Hitting $860m Marketcap

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

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.

[{"selector":"#anim-20395b71-1975-4a76-b46e-ffbf85e024a9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3d797c0-9697-407b-aec6-806ca20be26c","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

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

[{"selector":"#anim-6b551b25-258e-4ec8-be7c-b187fc8740d7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2ad3fe55-7b51-4d14-98b2-f75e2e1bb3f5","keyframes":{"transform":["translate3d(-115.84159%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

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

[{"selector":"#anim-3f6ae003-a479-45c2-be20-443ff0eae48d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59b072a5-c421-40ae-b2a3-c13bec5a0584","keyframes":{"transform":["translate3d(-107.86517%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]