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 web3foundation 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 2023 and the years to come. 

Overview

Cryptocurrency STEPN
Token GMT
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 Price Prediction 2023 – 2030

STEPN Price Prediction
GMT Price Prediction 2023 – 2030

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.

STEPN Price Prediction
Stepn Market Analysis

 GMT Price Prediction 2023

If the protocol makers employ community-driving initiatives, are supplemented by community-building initiatives, and incentives. Such as online marathons, and community events (IRL Events) could boost the price to $0.64 by 2023.

However, failing to pick up steam, and the prolonged dominance of bears could plummet the price to $0.27. That said, an equilibrium in buying and selling pressures could settle the price at $0.45.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2023 0.27 0.45 0.64

GMT Price Prediction 2024

On a positive note, the project might attract notable adoptions, collaborations, and big money investments, wherefore, the price could rocket to $0.97.

Howbeit, a possible financial crisis or regulatory clampdowns might drop the price to $0.51. Constrained by the linear momentum, the average price might settle at $0.74.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 0.51 0.74 0.97

Stepn Price Prediction 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 $1.39.

On the flip side, emerging rivals and ebbing stance might knock the price down to $0.93. Considering the bullish and bearish targets, the average price might be $1.16.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2025 0.93 1.16 1.39

Stepn Price Prediction 2026 – 2030

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2026 1.33 1.58 1.84
2027 1.65 1.96 2.27
2028 2.01 2.37 2.74
2029 2.42 2.80 3.18
2030 2.96 3.36 3.76

Stepn Price Forecast 2026: According to our analysts, GMT coin price prediction for the year 2026 could range between $1.33 to $1.84 and the average price of Stepn could be around $1.58.

GMT price prediction 2027: According to our analysts, Stepn price for the year 2027 could range between $1.65 to $2.27 and the average price of GMT could be around $1.96.

Stepn Prediction 2028: According to our analysts, GMT crypto prediction for the year 2028 could range between $2.01 to $2.74 and the average Stepn coin price could be around $2.37.

GMT coin price prediction 2029: According to our analysts, Stepn’s forecast for the year 2029 could range between $2.42 to $3.18 and the average GMT coin price could be around $2.80.

Stepn Price prediction 2030: According to our analysts, GMT predictions for the year 2030 could range between $2.96 to $3.76 and the average Stepn price could be around $3.36.

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 $0.64 by the end of 2023. On the downside, it could face south to $0.27. 

Market Analysis

Firm Name 2023 2024 2025
Wallet Investor $0.028 $0.023 $0.022
priceprediction.net $0.49 $0.67 $0.97
DigitalCoinPrice $0.56 $0.83 $1.15

*The aforementioned targets are the average targets set by the respective firms.

STEPN Price Prediction
Stepn Exchange Rate

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.

FAQs

On which blockchain is STEPN built?

STEPN is built on the Solana blockchain.

How high will the price of GMT escalate by the end of 2023?

The price of GMT could soar as high as $0.64 by the end of 2023.

What does GMT stand for?

GMT stands for “Greener Metaverse Token”. 

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

The altcoin could claim its potential high of $1.39 by the end of 2025. With a potential surge the price may go as high as $3.76 by the end of 2030.

Where can I buy STEPN?

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

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