Fitfi Price Predicton 2024 – 2030

In terms of market capitalization, Step App (ticker symbol FITFI) has a market cap of $166 million, and it is the native coin of the Step.app application. Is there a limit to how high it can go in 2024?

When it comes to investing in new crypto coins, it pays to be early on, and many would concur that it is still early for FITFI, considering its low market capitalization (ranked #835 on CoinMarketCap). While Bitcoin has surged from $42k to $51k in the same period, the Step App price has been performing well, showing relative strength compared to the rest of the market. Let’s learn more about the Fitfi price predictions on the market.

Step App (FITFI) Price Prediction Overview

Based on Step App’s long-term price prediction, here is a look at FITFI’s prospects. With a market capitalization of $166 million and trading volumes of $5.018.654, Step App traded at $0.006535 based on CoinGecko. The price prediction of FITFI is based on an analysis of historical price action, current developments, and the social sentiment within the community as well.

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FITFI Price Prediction 2024

In 2024, it is predicted that the price of Step App will reach a minimum level of $0.041 at the latest. By the year 2024, the price of Step App is expected to reach a maximum level of $0.047 with an average price of $0.042. However, holders remain positive that things will take a turn as awareness of move-to-earn increases around the globe. As more people use the revolutionary Web3 technology, demand for tokens such as FITFI is bound to grow.

Step App has a number of exciting developments in the pipeline for 2024, including rumored partnerships with big fitness brands and further exchange listings. As a result, the price of this token could certainly increase in the foreseeable future, and next year could be strong for Step App.

FITFI Price Prediction 2025

In our analysis, the price of Step App for 2025 is expected to range between $0.11 and $0.16, while the average price for FITFI is expected to be around $0.13. By 2025, move-to-earn applications are likely to be more widely used, and Step App is set to be one of the biggest platforms.

Also, by 2025, the Step App project will have undergone several milestone developments that should help push the price of FITFI upward. Nevertheless, the price of FITFI in 2025 will largely depend on the crypto market as a whole. If we experience another Bitcoin crash, FITFI could break through support levels and fall. On the other hand, if Bitcoin recovers from the previous crash, FITFI and other tokens in the market could see gains in the next few years.

In fact, some are hopeful that this M2E token will reach $1 by 2025. While this price would be a significant rise from the current price level, $1 is certainly not unattainable for FITFI. If the project continues to move forward and expand, there is a chance that this could be reached eventually.

FITFI Price Prediction 2030

It is predicted that the price of the Step App will reach the lowest possible level of $0.48 by 2030. However, according to our findings, the FITFI price could reach a maximum possible level of $0.72 with an average forecast price of $0.55. Furthermore, some investors believe that the price of FITFI will have passed $1 by 2030.

If the mass adoption of crypto moves forward, the market could see an upward turn. Typically, an increase in the price of Bitcoin will spark an increase in other tokens across the market. By 2030, Bitcoin is likely to have recovered from its recent crash, which means that the market as a whole should be up.

However, the crypto market is volatile, and a lot can change over the next 8 years. If Step App receives any negative attention during this time, the price of the token could be affected and fall. Also, move-2-earn token projects are becoming more popular, and Step App is likely to have more competition in the foreseeable future.

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Step App (FITFI)- A Closer Look

Let’s check what the Step App (FITFI) stands for and the way it is making it big in the M2E market.

What is the Step App (FITFI)?

Step App is a fitness app that integrates physical activity with the metaverse and the GameFi market. It is the first of its kind to use the Fitness Finance (FitFi) protocol to create a fitness experience in the metaverse. By using non-fungible tokens (NFTs) and geo-location technology, Step App provides an augmented reality (AR) fitness experience that engages and motivates users.

The FitFi metaverse is built on Web3 versions of digital fitness experiences and apps that allow participants to earn from the value generated by the $100 billion fitness industry. The Step App token economy includes staking, liquidity incentives, locks, buybacks, and burns, which are designed to incentivize gameplay and increase the value of the KCAL token.

The KCAL token is the in-game currency used to purchase SNEAKs, and FITFI is the governance token that benefits from ecosystem fees. Additionally, players can earn income through microtransactions such as purchasing map styles, character skins, and SNEAK skins using a credit card or cryptocurrency.

Players can also earn money by participating in competitions with friends or other players, with a 2.5% fee applied to the winning pool. Furthermore, players can compete in tournaments on a global and regional leaderboard for a chance to win prize money pooled from 5% of the ticket fees.

In summary, Step App offers a unique fitness experience in the metaverse that integrates with the FitFi protocol, utilizing NFTs and geo-location technology. The app’s token economy incentivizes gameplay and allows players to earn income through various means, such as in-game purchases and competitions.

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What problems does the Step App solve?

Step.App, as the FitFi foundation app, aims to:

• Develop a FitFi app that other companies can look up to from the beginning.
• Develop a large base of fitness influencers on Step.app that can be used as athlete ambassadors across the globe to promote Step.app, its underlying protocol of step, and the Metaverse.
• app’s aggressive rise to the top will encourage other developers to see the step protocol as a partner for success.

What is move-to-earn (M2E)?

Users can earn crypto rewards by participating in fitness and sports-based activities using M2E apps. Many apps are available today that leverage a similar model to the Play-to-Earn (P2E) web3 apps that reward participants for their contribution and skill. However, M2E requires users to be active and engage in physical activities instead of sitting behind gaming gadgets. In addition, in M2E apps, participants are rewarded and have skin in the game with decentralized finance features (DeFi).

An American Journal of Preventive Medicine study conducted in 2013 found that financial rewards ranging from $2-$46 weekly increased fitness participation for almost half a year in sedimentary adults. The results of another study also showed that even small incentives, such as giving 1/1000 of a cent for each step taken, were effective in boosting physical activity levels.

Nature recently found that small incentives, such as those collected through M2E platforms, are essential to motivating people to exercise. For example, for working out, participants could earn $0.9 worth of Amazon points or $1.75 worth of Amazon points for restarting workouts after a long absence. Approximately half of these interventions had weekly activities ranging from 9-27%.

As a general rule, when using an M2E model, existing technologies are taken and integrated seamlessly to create a brand-new product. As an example, M2E apps use GPS, Non-Fungible Tokens (NFTs), blockchain, cryptocurrencies, and gaming technologies to track and reward user movement.

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How Does Step App Work?

Third parties can build within the metaverse of Move2Earn using its SDK (Step Protocol SDK), unlike other Move2Earn projects. The purpose of this is so that the FitFi economy that Step App refers to can be viewed more easily.

The Step App is, of course, like other Move2Earn projects, offering users the opportunity to be social and earn crypto while they exercise at the same time. The project hopes to attract a strong and committed user base by gamifying and introducing a social and competitive aspect.

In terms of the metaverse component, Step App will be the first of many apps to be created in the Step Metaverse. As players complete fitness tasks, their characters grow and evolve, according to the app’s litepaper.

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FITFI Tokenomics

It is important to note that Step App’s governance token is FITFI, while its in-game token is called KCAL, which can be used to purchase SNEAKs, the NFT in Step App that allows users to interact with it. Fees collected on Step App’s NFT marketplace are one of the ways it makes money.

To encourage further adoption of Step App’s token economy, Step App has included plenty of economic incentives:

SNEAK NFTs

The Step App’s SNEAK NFTs are, just like STEPN, a fellow Move2Earn project that helps players earn crypto while exercising. As of right now, players can earn SNEAKs by joining Step App’s early sign-up campaigns.

FITFI tokens

It is possible to stake in FITFI to earn rewards and compete against other players. FITFI’s value can also be increased through buyback and burn mechanisms. Staked FITFI tokens are locked to control liquidity, and LP tokens are rewarded more heavily in staking rewards.

In exchange for locking in FITFI and LP tokens, Step App offers players the opportunity to unlock SNEAK and avatar skins.

KCAL tokens

Step App’s in-game token, SNEAK, is minted using KCAL only in order to increase its value. When players stake SNEAK while running, they earn KCAL.

FAT Points

Users of the Step App accumulate FAT points and burn FITFI to convert them into KCAL. It is intended that holders of the coin use it as a governance token in order to acquire voting rights for administrating the app as a whole. As a result of the utility token, payments and rewards can be made on the Step App.

By purchasing NFTs, users become part of the Step App ecosystem and receive a price reduction. The coin provides perpetual staking. There are a number of opportunities available to holders, such as Drop Tickets, Lootboxes, sponsored SNEAK drops, yields, and other items of interest. It is also possible for them to acquire discounts of up to 2.5% on the purchase of NFTs.

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Who is the team behind Fitfi?

Step App was founded by a team of industry experts that have all held impressive titles within the web3 space. Kirill Volgin leads the company as CEO, Dimitri Gordechuk as CTO, and Robert Vukosa as Head of Business Development.

Amongst their accomplishments are: founding the first NFT wallet (Krill), leading the blockchain department at Symbiosis Finance (Gordechuk), and strategizing financial policies (Vukosa).

Dharpan Randhawa, one of the advisors, as well as important people in the blockchain industry, such as Dovey Wan, Hatu Sheikh, Jens Willemen, Melanie Mohr, Tim Inveitt, and Oliver Bell, are among the advisors. In addition, Step.app has Daniel Ritchie as its sports ambassador. In addition to being a great runner, he is an accomplished rower as well.

FITFI Use Cases

There are not many Fitfi use cases at the moment, but it is still growing.

• Administration
• In order to gain a share of the ecosystem, you need to bet
• If you are buying NFT in the NFT industry, bet on getting a price reduction
• An ecosystem fee portion can be earned through stakes
• There is a cooldown on stakes, breaking it results in a penalty
• On the NFT market, tiered stakers receive discounts

Step App (FITFI): Is it worth investing in?

Now let’s look at FITFI’s performance history. Even though past performance is no indication of future results, knowing what the token has done in the past helps provide some context when interpreting Step App price predictions and deciding whether it may be a good investment or not.

In April of 2022, when the Step App token was first listed on the open market, its price was roughly $0.12, but on April 26th, it was announced that the token would now be available for trading on the ByBit exchange. Due to this, the price soared to $0.4885 at the end of the month. The price of this currency increased to a record high of $0.7346 on May 6th. It was not long after that, however, when the UST stablecoin began to decline, triggering the collapse of the associated cryptocurrency. In response, the market crashed, and Step App, a crypto barely more than two weeks old, plummeted to a low of $0.08271 on May 12th, a loss of almost 90% in just six days.

While it appeared FITFI would get itself back up and running the following day, trading at a high of $0.3176, it closed May at $0.1327. Then, on June 12th, FITFI dropped to an all-time low of $0.0501 as a result of the cancellation of withdrawals on the Celsius crypto lending platform, confirming that crypto was in a bear market. According to self-reported statistics, 410 million FITFIs were in circulation out of a total supply of 100 billion.

According to this, the token would have had about $50 million in market capitalization, making it the 387th most valuable crypto. Nowadays, the token seems to gain more perspective and a higher ranking score, still, the decision to invest or not in this crypto remains to be taken by individuals based on their long term goals and investment preferences.

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Pros and Cons of Investing in Step App (FITFI)

Pros:

1. Move-to-earn projects are growing in popularity. The move-to-earn crypto trend is gaining popularity among users in the blockchain world. First-time investors will find FITFI an excellent option due to its ability to earn money while playing a game while also encouraging them to stay active.

2. Step App has received support from celebrities and well-known brands. There has been a partnership between Step App and eight-time Olympic gold medalist and 11-time World Champion Usain Bolt since 2021.

3. Step App already has thousands of users. With over 4 million pre-signed users, the app targets a market of 10 million users

4. Step App offers unique incentives. Through the use of real-life physical activities, users can earn crypto Tokens along with their achievement of certain in-game virtual missions.

5. FITFI has utility. The FitFi token is the governance token of the Step App ecosystem. In addition to being a utility coin with the Step App, FITFI also benefits from ecosystem fees. It is possible to stake FITFI tokens in order to earn up to 50% of the token’s market value.

Cons:

1. Move to earn tokens if you don’t have a good history of returns. Due to their apparent newness in the crypto market, M2E apps still have a long way to go when it comes to their adoption. However, by doing so, they will be able to get more investors on board and generate higher returns for their existing investors.

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Where can you buy FITFI tokens?

There are several online brokers where FITFI tokens can be purchased. Our experts, though, are keen to recommend eToro as the most suitable one.

eToro – The best online broker regulated by FCA

eToro is a regulated FCA broker with over fifteen years of experience in the cryptocurrency industry. It is considered one of the best trading platforms because it provides a wide range of assets to choose from and is used by millions of traders around the world.

eToro promotes diversity and comes with several fund deposit methods, including: bank transfers, credit and debit cards, and PayPal. One more interesting fact about eToro is that it has a transparent fee structure and does not request additional commissions or taxes on transactions, except for the foreign currency exchange fee and the $5 withdrawal fee.

Except for the FITFI token, investors can buy other assets from eToro. Those include a variety of cryptocurrencies, stocks, and other financial products. eToro keeps its assets up-to-date by regularly adding new products to its portfolio.

The broker is available to use on both desktop and mobile devices, so it can be accessed from anywhere. The minimal deposit requirement varies depending on the selected country, but it starts at $50.

Note: Only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash, and Ethereum.

How To Buy crypto with eToro

You will need to have crypto before you can purchase Fitfi; here is how you can do this. Fitfi tokens can be purchased with crypto on its Step exchange. A crypto wallet can be used to store cryptocurrency that has been purchased on a crypto exchange using fiat currency. For example, a deposit of as little as $10 is possible with eToro.

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Conclusion

In general, it seems that the FITFI price is on a path to hitting $1 and possibly higher in the future. Considering a market cap of $500 million would mean a $2 price target – a common milestone for crypto projects.

As some investors predict, the short-term outlook may depend on whether Bitcoin crashes to the $53.000 support area to retest the 200 weekly moving average. Although that may happen, most crypto investors are bullish in the long run and plan to buy more when those levels are reached.

As a long-term investment in move-to-earn apps in general, which are an emerging new asset class and a promising technology trend, you might want to consider dollar cost averaging into GMT and FITFI for the remainder of 2024 to protect your capital against dips.

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