It’s hardly surprising that many crypto investors are interested in Stepn price prediction. Stepn is a decentralized platform that aims to revolutionize the way people earn money online. The platform is built on the Ethereum blockchain and utilizes the move-to-earn (M2E) model. This allows users to earn tokens by simply moving their bodies. The native token of the platform is called GMT, which can be earned through various M2E activities or purchased on various cryptocurrency exchanges.
In this article, we will take a look at the Stepn price prediction for the next few years. We will use technical analysis, fundamental analysis, and news and project developments to make an in-depth price prediction for 2022, 2023, 2025, and 2030. In addition, we will also compare Stepn with a brand new M2E crypto called FightOut, which has promising price predictions.We will also take a closer look at Stepn, including a review of the platform, its tokenomics, the Stepn marketplace, the team behind the project, and GMT use cases. We will also provide a summary of GMT’s complete price history and discuss the current price of GMT. Finally, we will provide some pros and cons of investing in GMT, as well as a step-by-step guide on how to buy the token.
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Before we delve into the price predictions for the next few years, let’s take a look at the minimum and maximum price predictions for each year until 2030. Please note that these predictions are not financial advice and are only to provide an idea of the potential price range of GMT.
To begin with, it is important to consider the overall trend of the cryptocurrency market in 2023. Many experts predict that the market will continue to grow and mature in the coming years, with more institutional investors entering the space and more regulations in place. This could be a positive factor for STEPN, as it is a well-established project with a strong team and a growing user base.
In terms of technical analysis, we can look at chart patterns and indicators to get a sense of where STEPN might be headed. One positive sign is that STEPN has consistently shown strong support at certain price levels. This indicates that there is buying interest at those levels. Additionally, the token has formed several bullish patterns on the chart, including higher lows and higher highs, which could suggest that the uptrend will continue. Technical analysis shows that GMT has strong support at the $0.50 level, and it has the potential to break through the resistance at the $0.75 level. If the token can achieve this, it could potentially reach the maximum prediction of $0.75 in 2023.
Fundamentally, several factors could impact STEPN’s price in 2023. One key factor is the success of the Stepn marketplace. If the marketplace proves to be popular and brings in a lot of liquidity, it could be a major catalyst for the token’s price. Additionally, news and developments related to the M2E industry as a whole could also impact STEPN’s price, as the industry is expected to grow significantly in the coming year.
When it comes to the Stepn price prediction for 2025, there are several factors to consider. Here are some key considerations for the next few years:
Based on these factors, the Stepn price prediction for 2025 is positive, with a potential range of $1.40 to $1.55. However, it is important to note that cryptocurrency prices are highly volatile and can change significantly over time. Hence, it is important to be cautious and do your research before making any investment decisions.
One of the primary reasons why price prediction is challenging is that the cryptocurrency market is quite unpredictable. Although we try to estimate future price metrics accurately, none of our projections should be regarded as investment advice. Do your research. We anticipate that cryptocurrencies will become more popular across numerous industries by 2030. As a result, in the case of a bull run, the highest GMT price in 2030 is predicted to be $3.10, with a minimum price level of $2.65.
A Move-to-Earn platform called FightOut pays users for working out, whether they do it in the gym or at home in their living rooms. User workouts are tailored to their abilities and goals, and their achievements and progress are tracked and directly reflected in the attributes of their digital avatar. The M2E platform has a three-layered strategy and offers users considerable benefits. The mobile app for FightOut is the initial layer, giving customers access to a growing collection of on-demand workouts. Users can choose between exercises that focus on strength, cardio, muscular endurance, or fighting skill with the FightOut app. Videos from seasoned trainers are included with each workout to assist people to get the most out of their training sessions.
The network of physical gyms that FightOut has is another layer. Twenty gyms will be available when FightOut launches that customers can use to work out among other FightOut users. The FightOut community will convene at these gyms.
The brand-new metaverse in FightOut is the last layer. Users can network with other FightOut athletes in this virtual environment or sign up for virtual leagues and competitions. Users can also create their combat leagues to further encourage sportsmen to maintain peak physical condition.
The project raised $2.8 million in the first week of the presale. The presale is live with 1 USDT being exchanged for 60.06 $FGHT in the current stage. The price will increase for each new stage.
Firstly, FightOut is a brand-new project. This means it has the potential to capture a larger share of the M2E market. The project is still in its early stages, so it has the opportunity to build a strong user base and establish itself as a leader in the industry.
Secondly, Fight Out has a strong team of ambassadors and partners, including well-known figures in the fitness industry and combat sports. This suggests that the project has the support and expertise it needs to succeed.
Finally, Fight Out has a strong focus on community building and engagement, which could help it attract a loyal user base.
Overall, while it is difficult to predict the future of any cryptocurrency, Fight Out appears to have a lot of potential as an investment. However, as with any investment, it is important to be cautious and do your research before making any decisions.
Now that we’ve looked at the Stepn price prediction for the next few years, let’s take a closer look at the platform itself.
A Web3 lifestyle app called STEPN includes Game-Fi and Social-Fi elements by default. The foundation of STEPN is movement, which is a necessary daily activity for the majority of people. At the Solana Ignition Hackathon 2021, StepN came in fourth place overall out of more than 500 projects, making it the first project to successfully implement a working move & earn concept.
Stepn aims to solve some problems that exist in the online earning space. First, the platform provides an alternative way for people to earn money online that does not require any special skills or expertise. By simply moving their bodies, users can earn tokens that have real value.
Second, Stepn aims to promote healthy living by incentivizing physical activity. The platform rewards users for participating in activities that are good for their bodies and minds, encouraging them to live a more active lifestyle.
Finally, Stepn aims to create a more inclusive and accessible earning model. By using the M2E model, the platform can reach a wider audience and provide more opportunities for people to earn money online.
Move-to-earn, or M2E, is a business model that rewards users for participating in physical activities. The concept is similar to a rewards program, where users earn points or tokens for completing activities such as walking, running, or exercising. You can redeem these points or tokens for rewards or exchange them for cash or other cryptocurrencies.
Analysts expect the M2E industry to grow significantly in the coming years, as more and more people look for ways to earn money online and promote healthy living. M2E projects provide an alternative way for people to earn money that does not require any special skills or expertise, and they incentivize physical activity, which has some health benefits.
STEPN is one example of an M2E project, which rewards users for participating in physical activities through its GMT token. Other M2E projects include Fight Out and Sweatcoin.
There are three game modes: Solo mode, Marathon mode, and Background mode. Both Marathon and Background modes are still under development. In Solo Mode, users are equipped with NFT Sneakers to earn in-game tokens called Green Satoshi Tokens (GST) by moving. Energy is needed to earn tokens. Every 1 Energy equals 5 minutes of “move and earn” movement and Energy which ONLY starts replenishing after users acquire an NFT Sneaker. You won’t continue to earn tokens if your pace is greater than or less than the activity range of the sneakers you’ve chosen, so pick them wisely.
For each minute of movement, GST/GMT will be paid out based on four primary factors:
In Solo Mode, a loot box called a Mystery Box may appear while you are moving. It includes GST and Gems (Levels 1 – 4). Each user gets four slots for Mystery Boxes.
Mystery Box contains ten qualities. Opening a Mystery Box needs some time after receiving it, and the countdown begins immediately. They will spend a tiny amount of GST (a Base Cost) to unlock it when the countdown comes to an end. The duration of the Mystery Box countdown increases in direct proportion to its quality.
In-Game Achievement is tied to each user’s account. It is not on the Blockchain, but the Badge the user earned through completing Achievement is an NFT and can be traded. The Anti-cheating system on the platform is top-notch. STEPN won’t function properly if you use devices that have been jailbroken, rooted, or have an altered OS. The game employs three mechanics to prevent cheating, including the punishment of the cheater’s account:
The SMAC System will take some time to examine if users have taken advantage of the STEPN move & earn mechanics once users long press the stop button and conclude the session.
A user has a starting Turing Score (TS) of 100/100; the score is hidden from the user. Users are unable to connect with the NFT marketplace or switch between spending and wallet accounts when their Turing Score is less than 100. The Turing Score will eventually revert to 100/100 when a user is moving outside without using any tricks.
Once the analysis is complete, the SMAC System will add or subtract users’ earnings and Turing Score.
With a fixed supply of 6 billion tokens, GMT is the native token for Find Satoshi Lab (FSL) ecosystem. All FSL ecosystem products make good use of GMTs, which may be burnt, used, and staked to open up numerous features and benefits. Rewards for STEPN governance participants and users of the move-to-earn platform will equal 30% of the total amount of GMT. The GMT token from STEPN is built with tokenomics that encourage users to engage in carbon-free Bitcoin mining.
The current market capitalization of the token is $172,753,403 with a circulating supply of 600 million tokens, which is 10% of the maximum supply.
The Stepn marketplace is a platform that allows users to buy and sell goods and services using GMT. The marketplace is expected to bring more users and liquidity to the token. The Stepn marketplace includes a variety of categories, including sneakers, gems, shoeboxes, special skin, gems, scrolls, etc.
Rental and Credit systems will be integrated into the StepN marketplace in the future. To ensure that new players keep exploring the game, the rent/lease system ensures that getting started is as simple as installing the app and renting a Sneaker.
Users could visit the in-app Marketplace if they want to rent something. Before their rental proposal is authorized, they must submit an application, be matched with a leaser, and unconditionally accept the leaser’s terms. The Sneaker will be returned to the owner for repair after each 24-hour rental period. Depending on the credit rating of the renter, a Rental Agreement may last up to 7 days. The renter’s credit score will be reduced by 1 star if they don’t comply with the Rental Agreement’s terms.
The credit system is more straightforward. Renters must pass a series of “scholar” quizzes to raise their credit scores. They can begin renting if their rating reaches 2/5. This procedure makes sure they are familiar with all the essentials of the app, preventing renters from misusing or underutilizing it and yielding no returns (i.e. running on a treadmill, or walking with a runner Sneaker)
The maximum credit rating is 5/5.
The team behind Stepn is instrumental in determining the outcome of Stepn price prediction. The Stepn team is composed of experienced professionals with a well-gronded background in the technology industry. Yawn Rong, an Australian blockchain entrepreneur, founded STEPN in August 2021. Mr. Rong previously founded Crypto SA, an Australian crypto fund and pro-regulation auditor. He has also represented the South Australian Blockchain Association’s industry and has been an ambassador for Algorand. He co-founded STEPN with game developer and former Falafel Games founder Jerry Huang.
GMT is a governance token. Running and simple participation in some gaming activities are two ways to earn GMT. These tokens provide you the ability to rename your sneakers and level up to a high position. Additionally, they are employed to disperse game profits as well as difficult tasks that qualify as premium content. Once the shoes have reached level 30 or above, GMTs can also be exchanged for USDC.
GMT has had a volatile price history since its launch, with significant price fluctuations in both directions. When the token launched, it was priced at $0.1576. Two days after its launch, the coin experienced its all-time low as it fell to $0.111 by the middle of March 2022. This downturn was just for 48 hours as the coin broke the $1 mark on March 28, 2022. The token further experienced a 100% increase in the next 48 hours to break the $2 mark on March 30, 2022. April started well as the token almost broke the $3 mark on the first day of the month by reaching the then-high $2.8788. The coin finally broke the $3 mark by the middle of the month and got as high as $3.9 before the end of April.
The month of May was challenging for GMT. The coin had lost over 250% of its value by the middle of May. At some point, the token was less than $1. GMT rallied back and ended the month above the $1 mark. June was not particularly graceful either. The token further went down and almost went below $0.5. There were a lot of fluctuations in the price in July, with the token breaking the $1 mark five times before finishing at $0.9964.
The first two weeks of August were more stable, as the coin never got below the $0.9 mark. However, the final two weeks were a different story, as the coin ended the month below $0.7. September was one of the most consistent months as the coin only fluctuated between $0.6 and $0.7 all through. The coin went below $0.5 by the middle of October and had its value below $0.4 at the end of November. December 2022 has not been better either, with the token going below $0.3.
The current price of GMT is around $0.29, according to CoinMarketCap. However, it is worth noting that the price of any cryptocurrency can change significantly over time. This is why you must be cautious and do your research before making any investment decisions.
Like any investment, investing in GMT carries both risks and potential rewards. Here are some pros and cons to consider before making any investment decisions:
Move-to-earn (M2E) projects are gaining in popularity as more and more people look for alternative ways to earn money online and promote healthy living. M2E projects provide an alternative way for people to earn money that does not require any special skills or expertise, and they incentivize physical activity, which has some health benefits.
One key factor driving the growth of M2E projects is the increasing trend toward remote work and the need for new ways to earn money online. With the COVID-19 pandemic leading to widespread remote work and the closure of many businesses, many people are looking for ways to earn money from home. M2E projects provide an opportunity for people to earn money by participating in physical activities, which can be done from anywhere.
Another factor contributing to the popularity of M2E projects is the rise of the gig economy. This made it easier for people to earn money on a part-time or freelance basis. M2E projects provide a flexible way for people to earn money by participating in activities that they already do daily.
One of the factors that set STEPN apart from other M2E projects is its team of experts. The STEPN team is comprised of experienced professionals with a track record of success in the fields of blockchain, cryptocurrency, and fitness.
The expertise of the STEPN team is a key advantage for the project. This allows them to bring a level of knowledge and experience to the M2E space that is not found in many other projects. This expertise is evident in the way that STEPN has been able to successfully launch and grow its platform. Additionally, it bodes well for the long-term prospects of the project.
Since its launch, STEPN has seen a significant amount of success and has become a leading player in the M2E space. The project has attracted a large and growing user base, and it has established partnerships with some companies and organizations in the fitness industry. This success can be attributed to its Move-to-earn model and the team of experts behind the project.
STEPN is a unique project that aims to solve some problems that exist in the online earning space. One key problem that STEPN addresses are the lack of opportunities for people to earn money online without requiring any special skills or expertise. M2E projects, like STEPN, provide an alternative way for people to earn money by participating in physical activities, which can be done from anywhere.
Another problem that STEPN addresses are the lack of incentives for people to be physically active. M2E projects like STEPN provide a way for people to earn rewards for participating in physical activities, which can help to promote healthy living and encourage people to be more active.
GMT, the native token of the STEPN platform, has utility in some ways. One key way that GMT has utility is as a means of exchange within the STEPN ecosystem. Users can earn GMT by participating in physical activities, and they can then use GMT to redeem rewards or exchange them for other cryptocurrencies or cash.
Another way that GMT has utility is as a store of value. GMT is built on the Solana blockchain, which is a secure and decentralized platform that is well-established in the cryptocurrency market. This makes GMT a potentially attractive option for investors who are looking for a stable store of value.
STEPN is a leading player in the move-to-earn (M2E) space, but it is not the only M2E project on the market. One major competitor to STEPN is FightOut, which is another M2E project that aims to disrupt the online earning space. FightOut is a relatively new project, so it has the potential to capture a larger share of the market.
Some people may be concerned that the M2E model is not sustainable or viable in the long term. While it is true that some M2E projects have struggled to gain traction, Stepn has already achieved a lot of success since its launch and it is expected to continue growing in the coming years.
If you’re interested in buying GMT, here’s a step-by-step guide on how to do it:
With more than 35 million users already using the platform to buy and sell digital assets, Coinbase is one of the biggest cryptocurrency exchanges available online. The first step to buying GMT is to purchase ETH, which is the currency you will exchange for GMT.
The first step is to visit the Coinbase website and open an account. You will need to provide some personal information – such as your Name, Home Address, Date of Birth, Email Address, and Mobile Number. You will also need to verify your email address. In addition, you need to activate 2-factor authentication to guarantee the safety of your Coinbase account at all times. This can be done by confirming your mobile number via SMS. Simply enter the code that is sent to your phone.
You must go through a KYC procedure before you can deposit funds on Coinbase. On Coinbase, this might be a little difficult because you can’t submit your papers as PDF files. You must hold them in front of your web camera instead.
Your government-issued ID is the document that Coinbase requires. This could be a passport or a driver’s license in some countries. Your documents can keep getting rejected by the Coinbase system if your camera isn’t of sufficient quality. As a result, you will need to download the Coinbase app and finish the procedure using your smartphone’s camera if you run into any problems.
You can proceed to make a deposit and purchase your preferred cryptocurrency when your account has been verified. This part of the process will depend on whether you want to use a debit card or transfer funds from your bank account. Tap on the payment method box and connect a payment method.
If you choose a debit card, you can quickly and directly purchase cryptocurrency. As a result, choose the coin you want to purchase, input your card information, and choose the amount you want to invest. The transaction will then be instantly completed by Coinbase, adding the cryptocurrency funds to your account.
If you want to use a bank transfer, you must copy the bank details that Coinbase provides. Once you’ve pasted the information (and made sure the reference number is included), go to your bank’s web or mobile platform and approve the transfer. The money should show up in 1 to 3 days. The next step is to manually purchase the cryptocurrency of your choice.
On Coinbase.com, click the Buy panel to search and select Ethereum. On Coinbase mobile app, search for Ethereum by typing “Ethereum” into the search bar. When you see Ethereum appear in the results, tap it to open up the purchase screen.
Use the number pad to input the amount you want to spend in your local currency. The app will automatically convert that into an Ethereum amount. You can tap the arrow buttons to the right of the amount of money you want to spend to switch the number to the equivalent amount of Ethereum. Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase by clicking “Buy now”.
Once the order is processed, you’ll be taken to the confirmation screen. That’s it, you’ve bought Ethereum.
To do this, you first need to link your Coinbase account to your Coinbase wallet:
To transfer ETH from your Coinbase account to your Coinbase wallet:
When you’ve added Ethereum to Coinbase Wallet, you can instantly exchange your Ethereum for GMT Token through the browser extension or mobile app. Select “Choose asset” and choose GMT Token after tapping or clicking the “Swap” icon in the Assets tab. Enter how much ETH you want to trade for GMT Token. Don’t forget to budget for transaction fees. To complete, confirm your purchase and adhere to the displayed instructions.
Once you’ve purchased GMT, it’s important to move it into a secure crypto wallet for safekeeping. This can help protect your tokens from hacking and other security threats.
Considering the market volume of GMT, the utility it provides, and the Move-to-earn growth, GMT looks like a promising investment in the long term. Even though the coin is not doing so well currently, it has the potential to be a good investment for long-term investors that are ready to hold according to this stepn price prediction.
Over the next 5 years, it is projected that STEPN may surpass 2 dollars.
Based on current trends and the Stepn price prediction outlined in this article, the token could potentially be worth anywhere from 3 dollars to 3 dollars 80 cents in 2032.
It is difficult to predict the long-term viability of any cryptocurrency, as the industry is highly dynamic and constantly evolving. However, Stepn has already achieved a lot of success since its launch and it has a strong team of experts and advisors supporting it. Additionally, the M2E industry is expected to grow significantly in the coming years, which could bode well for Stepn's long-term prospects.
GMT is getting a lot of attention in the crypto space, so, it currently looks like a good investment.
One alternative to Stepn is FightOut, which is another M2E project that is aiming to disrupt the online earning space. The presale is live.
Stepn crypto, or GMT, can be purchased on a variety of cryptocurrency exchanges, including Binance, Coinbase, and Uniswap.
Maryam Jinadu is a freelance crypto & fintech writer.
After completing her pharmacy degree at the University of Lagos, Nigeria, in 2018, she began writing professionally in fintech.
She has worked with top fintech/crypto companies such as Bit.com, Equalizer, Koinly, Olymp Trade, Salesgnomics, Scribbr, and Swapzone.
She currently freelances on Upwork and writes weekly reviews at 18digits.com. Maryam lives in Manchester, United Kingdom and can be found on LinkedIn @Maryam Jinadu.
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