This week, the Green Metaverse Token (GMT), the indigenous cryptocurrency of the STEPN move-to-earn platform, has experienced a notable increase of over 40%, accompanied by a 24-hour trading volume surpassing $672 million.
As per CoinGecko data, GMT has demonstrated strong momentum, breaking through multiple resistance levels. Presently valued at around $0.43, the token boasts a 24-hour trading volume of $672,452,095.
GMT’s recent price upswing is credited to the launch of the STEPN app, promoting an active lifestyle among users with the added incentive of earning cryptocurrency rewards.
By acquiring NFT sneakers, users unlock the ability to earn in-game tokens during their physical activities such as jogging, walking, or running. The more they move, the greater their accumulation of in-game tokens, notably GST and GMT.
Functioning as governance tokens, GMT tokens provide users with additional earning opportunities. Users can utilize GMT to rename sneakers, advance to higher levels, and gain access to premium game content or lucrative high-level activities.
Innovating the ‘Move-to-Earn’ concept in the GameFi sector.
The Green Metaverse Token (GMT) functions as the native digital currency for the STEPN blockchain fitness application. STEPN incentivizes users to adopt a healthy lifestyle by providing cryptocurrency rewards.
Within the competitive GameFi sector, STEPN distinguishes itself by providing advanced and improved functionality.
Going beyond conventional play-to-earn elements, STEPN introduces an innovative “move-to-earn” category, enabling users to earn tokens by engaging in fitness activities.
As a Web3 lifestyle app, STEPN seamlessly blends gaming and fitness components to promote a healthy lifestyle.
STEPN’s core elements are customizable to individual preferences, skillfully merging gaming and fitness. With a fusion of financial and social rewards, STEPN seeks to boost user engagement while minimizing carbon emissions. Its distinctive advantage lies in the gamification of fitness, setting it apart from other crypto projects in the same domain.
GMT tokens have a capped supply of 6 billion, with a current circulating supply of 1.4 billion.
