The NFT economy has ushered in hundreds of new cryptocurrency bull rushes. The most notable of them has been GameFi and metaverse product domination throughout much of 2021. Last year’s best-performing investments fell into these categories. FITFI price prediction could be a helpful guide for one looking for an intelligent investment. Here’s why:
FitFi exists at the nexus of the physical and the digital; it is the completion of a very physical experience (fitness) within the metaverse, using NFTs and geolocation technology. Step’s FitFi metaverse now includes augmented reality for enhanced immersion.
Fitness Finance is a free market system where participants profit from the $100 billion fitness industry’s worth. This innovative system is the Web3.0 equivalent of digital fitness experiences and applications.
Web2.o enabled people to consume as well as generate fitness content. It transferred the value earned by their fitness content to the platform owners.
GameFi is a similar concept. Gaming is a $200 billion industry in which many consume and produce for the profit of a few. Web3.0 enables everyone to earn a piece of the market they participate in. With the rise of GameFi and play2earn, this became a reality.
FitFi and move2earn are turning points in bringing the vast fitness industry to individuals to allow them to earn money from it.
Today’s Step App price today is $0.075667 with a 24-hour trading volume of $4,632,145. Step App is down 2.27% in the last 24 hours. The current CoinMarketCap ranking is #2745, with a live market cap of not available. The circulating supply is not available, and a max. supply of 5,000,000,000 FITFI coins.
What Exactly Is FitFi Crypto?
FitFi token is the Step App ecosystem’s governance token. In the Step App, FITFI is also a utility coin that benefits from ecosystem fees. Users can stake FITFI tokens to earn up to 50% of the market value of the tokens.
Step App (ticker symbol FITFI) is the native coin of the Step.app mobile application, trading at around $0.6 – $0.7 with a market cap of $166 million.
Since its launch on Bybit on April 26th, it pumped around 13000% in the first week, hitting another top in its second week of $0.73, on May 5th, the current FITFI all-time high.
Listed on Crypto.com, it opened at $0.28 a day after Bybit exchange – most of the FITFI price growth was on day one – and the FITFI top was higher on that exchange, $0.79. After Step App (FITFI) got listed on Supercharger on 9 May, users have the chance to boost their returns by 10x. 88 lucky participants will win an exclusive “Supercharger 10x Booster” NFT that multiplies their FITFI rewards, allowing them to earn up to 23% p.a.
FitFi coin is now trading on many cryptocurrency exchanges such
- Charging Duration (First 30 days) – Users can stake and unstake from the Supercharger pool (with no gas fees) at any time during the Charging Period. The price of the reward token is determined at the end of this period.
- Reward Distribution Period (Next 30 days) – Users will receive their reward tokens during the Reward Distribution Period based on their share of the crypto provided during the Charging Period. Their eligible reward tokens will be distributed daily during this 30-day period after accepting the reward terms. Users will forfeit a portion of their reward if they do not accept the terms before the Reward Distribution Period begins.
Founders of Step App
The Step App team is led by its president Dharpan Randhawa, a former executive at British motor racing group McLaren Racing. Randhawa also runs the brand agency Talisman, which has offices in Los Angeles, Singapore, Dubai, and Shanghai.
The project’s CEO is Kirill Volgin, former CFO for DeFi investing platform Zerion. Another notable member of the team is CTO Dmitry Gordeychuk, crypto and DeFi veteran. Project advisors are Dovey Wan and Hatu Sheikh. Robert Vukosa has been designated as the primary business developer.
$KCAL tokens are the game asset. Used to mint & maintain NFTs, among other functions. Some $KCAL tokens, to bootstrap, are given to early adopters in the fair mechanism.
How the Step App works
Does the Step App really work? Step App, a type of Web3 project, belongs to the move-to-earn category, which also includes Green Satoshi Token and Green Metaverse Token. The app offers a type of metaverse fitness experience, rewarding you for doing physical exercise. The goal is to encourage people to pursue a healthy lifestyle. The project’s official cryptocurrency is the FITFI token, which facilitates payment and rewards on the platform. The app will be released this month as beta. Has anyone used it yet? This is where you start.
- Led by ex-CFO of Zerion.io, which processes 1/3 of all DeFi user data.
- Developed by the winner of ETH Waterloo, the most difficult global hackathon.
- Brand licensing is managed by an executive from McLaren Racing.
Step App is the celebrity-endorsed tokenized fitness app. Cutting edge augmented reality merges with the metaverse.
In this gamified fitness metaverse, your steps generate income. Collect and stake SNEAK NFTs, acquire steps, and grow your wealth. FitFi is combining the world’s financial and fitness goals into 1 mega-app.
Token Utilities
- Burns: Use $FITFI to buy SNEAKs
- Cashflow: Stake $FITFI to earn from app fees
- Game Theory: $FITFI staking has a cool-down, with early exit fees.
FITFI Fundamentals
• Buy-backs: 50% of play income is utilized to purchase FitFi tokens.
• Burns: Management can vote to burn up to 50% of its tokens purchased back.
• Staking Rewards: FitFi stakers receive up to 50% of market-purchased tokens.
• Locks: Exiting staked FitFi tokens requires a 10-day cooldown, which incurs a 12 percent cost on the initial investment.
• Liquidity Incentives: LP tokens have a 50% weight in staking rewards.
Furthermore, because they do not take venture capital investments, the StepApp project adhered to the DAO (decentralized autonomous organization) protocol to maintain the project as open-source as feasible.
How to buy FITFI & where
Step 1 – Register on Fiat-to-Crypto Exchange
Exchanges have their own fee policies and other features that you will go through in detail. It is recommended that you figure out the one that suits you best. Let’s try Coinbase.
Step 2 – Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase.
Step 3 – Transfer USDT to an Altcoin Exchange
After buying USDT, Choose an Altcoin exchange that supports FITFI (Bybit, Bitget, BitMart, Gate.io, Huobi, Hotbit, MXC, OKX etc) to trade FITFI.
Step 4 – Deposit USDT to exchange
The exchange might require going through another KYC process, from 30 minutes to possibly a few days maximum. Once you’re done with it you should have full access to your exchange wallet. Transfer your previously bought USDT on Coinbase to this wallet, and click on ‘Copy Address’. Under the Recipient field, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to the chosen altcoin exchange.
Step 5 – Trade FITFI
In the right column there is a search bar, now make sure “USDT” is selected as we are trading USDT to altcoin pair. Click on it and type in “FITFI”, you should see FITFI/USDT, select that pair and you should see a price chart of FITFI/USDT in the middle of the page. Below there is a box with a green button that says “Buy FITFI”, inside of the box, choose the “Market” tab here as that is the most straightforward type of buying order. When you have confirmed everything, click “Buy FITFI”. Voila! You have finally bought FITFI!
Price History Analysis for Step App
Since its launch on Bybit on April 26th, it pumped around 13000% in the first week, hitting another top in its second week of $0.73, on May 5th, the current FITFI all-time high.
It was also listed on Crypto.com, where it opened at $0.28 a day after the Bybit exchange – most of the FITFI price growth was on day one – and the FITFI top was higher on that exchange, $0.79.
It pays to invest early in new crypto coins – and many would consider it still early for FITFI with its low market capitalization (ranked #2830 on Coinmarketcap).
The Step App price has been performing well despite Bitcoin dropping from $40k to $35k over the same time period, showing a lot of relative strength against the rest of the crypto markets. According to the most recent statistics, the current price of Step App is $0.60, and FITFI is now rated #285 in the whole crypto ecosystem. Step App has a circulating supply of 250,000,000 and a market capitalization of $147,589,313.
The cryptocurrency’s current value has dropped by -13.7 percent in the last 24 hours. When we compare the FITFI’s current market cap to yesterday’s, we can notice that the market cap is likewise down.
The FITFI has been on an upward trend for the past seven days, increasing by 20 percent. Step App has recently demonstrated great potential, which may be a fantastic time to get in and invest.
Fitfi Technical analysis
FITFI price analysis for September 5, 2022, reveals the market following a complete bullish movement, obtaining significant positive momentum, signifying a gain of positivity for the FITFI market. The price of FITFI has remained negative over the past few hours. On September 4, 2022, the price reached $0.075 from $0.077. However, the market increased in value soon after and gained more value. Moreover, FITFI has peaked and reached $0.76, just shying away from the $0.08 mark.
FITFI price analysis reveals the market’s volatility following a decreasing movement, which means that the price of FITFI is becoming less prone to experience variable change on either extreme. The Bollinger’s band’s upper limit is $0.1, serving as FITFI’s strongest resistance point. Conversely, the lower limit of Bollinger’s band is $0.06, which is the strongest support point for FITFI.
The FITFI/USD price appears to be moving under the price of the Moving Average, signifying a bearish movement. The market’s trend seems to have shown bearish dynamics in the last few days. However, the market has decided to continue with a negative approach. As a result, the trend has shifted today, the price started moving upward, and the market started opening its volatility. This change has played a crucial role in the development of FITFI. However, the price attempts to move towards the resistance of the market.
FITFI price analysis shows the Relative Strength Index (RSI) to be 40, signifying a stable cryptocurrency. This means that the cryptocurrency falls in the lower neutral region. Furthermore, the RSI path seems to have shifted to a linear movement. The consistent RSI score also means equivalent buying and selling activities.
FITFI price analysis reveals that the cryptocurrency follows a consistent trend with much room for activity on the positive extreme. Moreover, the market’s current condition appears to be following a positive approach, as it shows the potential to move to either bullish extreme. The market shows much potential for development towards the increasing end of the market.
Step App Price Predictions by Authority Sites
Crypto Predictions
According to CryptoPredictions’ FITFI price predictions will likely end 2022 at $0.127 before rising as high as $0.207 in July 2023. The website estimates that the token can trade for $0.252 a year from now and anticipates that it will eventually reach a little over $0.29 in July 2025. Before the coin ends the year, according to CryptoPredictions, at $0.334, FITFI might be worth $0.324 in July 2026.
Coin Arbitrage Bot
CoinArbitrageBot is rather optimistic in its FITFI price forecast. According to the website, the token might drop to just under $0.20 this year before rising to $0.35 in 2023. The website estimates that FITFI can sell at $0.57 in 2024, while it predicts that the token’s price will be slightly around $0.93 in 2025.
Digital Coin Price
FITFI cryptocurrency price prediction by DigitalCoinPrice predicts some initial sluggish development. The website predicts that in 2022, 2023, and 2024, the coin may reach $0.16, $0.17, and $0.18. FITFI may trade at $0.24 in 2025 before falling to $0.22 in 2026. It anticipates a rebound, with FITFI selling at $0.30 in 2027, rising to $0.38 the following year, and ending the decade at about $0.50. The FITFI is expected to be valued $0.56 in 2030, then trading at $0.63 the following year, according to the website’s pricing projection.
Cryptopolitan
Step App Price Prediction 2022
In 2022 the price of FITFI is predicted to reach a minimum level of $0.12. The FITFI price can reach a maximum level of $0.14 with an average trading price of $0.13.
Step App Price Prediction 2023
The price of FITFI is predicted to reach a minimum level of $0.18 in 2023. The FITFI price can reach the highest price of $0.22 with an average price of $0.19 throughout 2023.
Step App Price Prediction 2024
In 2024 the price of FITFI is predicted to reach a minimum level of $0.27. The FITFI price can reach a maximum level of $0.32 with an average trading price of $0.28.
Step App Price Prediction 2025
The price of FITFI is expected to reach a minimum level of $0.39 in 2025. The FITFI price can reach a maximum level of $0.46 with an average price of $0.41 throughout 2025.
Step App Price Prediction 2026
FITFI price is forecast to reach the lowest possible level of $0.58 in 2026. As per our findings, the FITFI price could reach a maximum possible level of $0.69 with the average forecast price of $0.59.
Step App Price Prediction 2027
In 2027 the price of FITFI is forecasted to be at around a minimum value of $0.86. The FITFI price can reach a maximum of $1.01 with an average trading value of $0.89
Step App Price Prediction 2028
The price of FITFI is predicted to reach a minimum value of $1.25 in 2028. The FITFI price could reach a maximum value of $1.50 with the average trading price of $1.29 throughout 2028.
Step App Price Prediction 2029
In 2029 the price of FITFI is expected to reach a minimum price of $1.75. The FITFI price can reach a maximum price of $2.12 with an average value of $1.82.
Step App Price Prediction 2030
The price of FITFI is predicted to reach a minimum value of $2.57 in 2030. The FITFI price could reach a maximum value of $3.09 with the average trading price of $2.64 throughout 2030.
Step App Price Prediction 2031
FITFI price is forecast to reach the lowest possible level of $3.65 in 2031. As per our findings, the FITFI price could reach a maximum possible level of $4.44 with the average forecast price of $3.76.
FitFi Price Predictions by Industry Influencers
FitFi price predictions are made by analyzing the current and past prices of the Step app coin. However, Crypto prices are often influenced by other unpredictable market factors such as government regulations, hacks, and industry influencers, among others. The Step app FitFi price has been pushed by influencers before, so it is important to consider what industry influencers are saying about it currently. Below is a recent tweet that indicates the solid presence of the Step app crypto in the present and future crypto space.
— Data Metrics UG (@DataMetrics_UG) September 5, 2022
Signal Alert
, Signal Strength: 96%, Entry price: $0.07620, TP: $0.07762, SL: $0.06980, Volatility: 0.11% |
More: https://t.co/LODJrkbHJP pic.twitter.com/h1m1Kolr40
CowboyTrades observes the price actions of the Step App FITFI token and provides price targets.
- Very searched token and app.
- Lots of people are buying into it.
- Something to look at.
- There’s a lot of hype due to the fitness trending idea.
- No ratings yet or data.
Conclusion
FITFI is brand-new, and as it debuted right before a significant market drop, we are still unsure of how it will function in typical situations. Move-to-earn may be a rising aspect of the cryptocurrency industry, but it’s unclear if this growth will continue or will only be a brief phase that will quickly disappear.
Whether FITFI has what it takes to surpass rival fitness apps like STEPN as the most widely used in the crypto-verse is still far from conclusion. When selecting whether or not to invest in FITFI, it is crucial to be cautious and proceed with appropriate caution, as with all other cryptocurrencies. It’s always better to do your own research before investing.
The Step App project has broad appeal. Its work is related to the fitness and gaming industries, which are worth about $300 billion combined, as well as popular investment themes such as DeFi, Web3, and the metaverse. Although the crypto is worth just a few pennies, it could be worth several dollars down the road. However, being new, there’s too much doubt about its legitimacy.
But some have already got in early, secured profits, and got back in with house money. So there’s that worry. With crypto, you either believe in it or you don’t. Volatility is characteristic of the industry, but when there’s utility and community, you get better chances of continuous growth than meme coins.
Take note, though, that STEPN and Step App looks like clones, but they are two distinct projects, so look closely at where you want to invest. It is unclear whether FITFI has what it takes to surpass rival fitness apps like STEPN as the most widely used in the crypto-verse.
As with many other investments, there is a likelihood of making profits or incurring losses from crypto investments. You must do your research before you make any investment decision.
