STEPN Price Prediction 2022-2031: Is GMT the Next Shiba Inu?

STEPN Price Prediction 2022 – 2031

The crypto ecosystem has shown itself to be a vibrant and ever-changing place, with new ideas and concepts constantly emerging. Since the DeFi breakout of 2020, we’ve seen many advances in the blockchain space, such as Play-2-Earn, Non-Fungible Tokens, Metaverse, etc. All of which are attracting the interest of investors. This STEPN Price Prediction will provide you with the necessary information to validate the value of this coin.

Move-to-Earn (M2E) is another relative innovation making waves in the cryptosphere. The phenomenon rewards users for staying active and fit. M2E is already being implemented by several platforms, including STEPN, SweatCoin, and others. STEPN gets attention due to its offerings, and investors are looking to make profits from the network’s native token. Could it be the next Shiba Inu?

Buy physical gold and silver online

STEPN is compared to Shiba Inu (SHIB), due to gaining almost 2,000% since early March. Another point of comparison is that STEPN, in its early days, is top trending on CoinMarketCap. However, STEPN already has a lot more utility than SHIB.

Today’s STEPN price is $0.384230 USD with a 24-hour trading volume of $165,017,10. STEPN is up 1.62% in the last 24 hours. The current CoinMarketCap ranking is #109, with a live market cap of $230,537,984. It has a circulating supply of 600,000,000 GMT coins and a max. supply of 6,000,000,000 GMT coins.

This guide provides you with all you need to know about STEPN, including its price history, mode of operation, and price predictions for the future. Let’s get into the details!

Also Read:

What is STEPN?

STEPN is a Web3 move-to-earn fitness and health lifestyle mobile application with game finance (GameFi) and social finance (SocialFi) elements. The team behind STEPN is Find Satoshi Lab, a fintech studio based in Australia.

The project runs on the Solana blockchain, and its basic concept depends on most people’s daily activity, which is “moving around.” STEPN emerged as the 3rd runner-up at the Solana Ignition Hackathon of 2021 and remained the first project to implement the move-2-earn concept functionally.

The GameFi component of STEPN is intended to help the platform drive millions of users toward a more healthy lifestyle, combat climate change, and discourage vehicles with high carbon discharge. On the other hand, STEPN’s Social Finance component intends to build a platform that encourages user-created web3 content.

How does STEPN work?

STEPN leverages a two-tiered token system. The two types of tokens accessible in the ecosystem are GMT and GST, each of which can be obtained uniquely.

STEPN users earn in-app rewards in the form of in-game tokens – Green Satoshi Tokens – GST, for running, walking, or jogging. While Green Metaverse Tokens – GMT is a governance token and can also be used to boost earnings, pay fees, upgrade the features of NFT sneakers, progress through the various modes of the game, or cashed-out for profit on supported crypto exchanges.

The STEPN app is embedded with several GameFi features:

  • Game Modes: STEPN is in its beta phase and currently only offers a solo mode to users. The two other game modes, Background and Marathon modes, are undergoing development and will be available soon.
  • Sneakers: These are Non-Fungible Tokens with different attributes such as comfort, resilience, efficiency, and luck. Sneakers enable users to earn in-game tokens, and they can be customized and upgraded by burning Green Satoshi Tokens.
  • Gems Sockets: After attaining a particular sneakers level, STEPN users can gain access to some gems to improve the attributes of their sneakers.
  • Shoe Minting: When users get two (2) NFT sneakers, they can go on to mint Shoeboxes. Minting cost will be dependent on the category of the initial sneakers and the newly received ones.
  • Badge: Users can earn various badges by executing different in-game objectives. These badges can provide benefits that can be used to impact the game experience. For instance, users with badges can enjoy reduced minting costs, bonus points, governance perks, or extra energy. This feature is currently undergoing development.

To get started on the app, users will need an activation code currently available via the project’s discord group on an invite-only basis. An activation code is issued every twelve (12) minutes, making it a struggle to get on the STEPN wagon these days.

Applications of STEPN

  • Mobile application: STEPN is live on iOS App Store and Google Play store (Restricted to certain countries).
  • Sneaker NFT: Every sneaker has different types, qualities, attributes, and gem sockets. Users can burn tokens to level up and customize sneakers.
  • Move and Earn: Users equipped with sneakers NFT can move outdoors and earn tokens. There are multi-layers anti-cheating mechanics to prevent exploitation.
  • Rental system: Users can rent a sneaker for free, move and earn and then split the earnings with the sneaker owner.
  • In-app NFT marketplace: Users can trade their NFTs on the marketplace.
  • In-app swap: Users can swap their token earnings to other forms of cryptocurrencies.
  • In-app decentralized wallet: Users can deposit and send cryptocurrencies to the wallet to fund their spending accounts.

Where to buy STEPN GMT

If you are interested in trading STEPN (GMT), it is available on several well-known exchanges Binance, OKX, MEXC, DigiFinex, Bybit, Huobi Global, Coinbase, Gate.io, PancakeSwap (DeFi Exchange), and others.

STEPN Partners

The project won a Solana (SOL) hackathon and has some big-name backers. Indeed, being listed on Binance is one reason for its recent success. One of the most positive signs for a continued GMT bull run is the line-up of venture capital (VC) investors in the STEPN project:

  • Binance Labs
  • Alameda Research
  • Sequoia Capital
  • Folius Ventures
  • Solana Ventures
  • 6th Man Ventures
  • Sfermion

How to purchase STEPN tokens

To buy GMT, follow these steps:

  1. Create an account on your preferred exchange, and complete KYC.
  2. You can buy STEPN with your credit or debit card or use the supported trading pair on your select exchange.

STEPN GMT Price History

STEPN’s native token, GMT, has continued to gain a lot of traction across the internet since its launch in March 2022. The token’s trading volume has outperformed several other established tokens and dominated significant exchanges.

GMT started at $0.1536 on March 9, 2022, and reached $2 by the end of the month – an ROI of over 1200%.

STEPN Price Prediction 2022-2028

GMT reached an all-time highest price of $4.11 at the end of April, but corrections soon followed. The current price of STEPN is $2.44, and its market cap is $1,472,461,765. In the past 24-hours, the value of STEPN and its market capitalization had decreased by 9.58%.

STEPN Price Prediction 2022-2028

Stepn Price Prediction Update

  • Stepn Price Prediction 2022 – up to $0.44
  • Stepn Price Prediction 2025 – up to $1.44
  • Stepn Price Prediction 2028 – up to $4.70
  • Stepn Price Prediction 2031 – up to $14.94

STEPN Technical Analysis

The cryptocurrency is currently on a downward trend during the past 24 hours, and the market capitalization has decreased. The fact that the market is currently not highly optimistic means that it is not excellent news for pricing.

The live STEPN price today is $0.368, with a 24-hour trading volume of $75,899,965. We update our Stepn USD price in real-time. Stepn is down 5.04% in the last 24 hours. The current CoinMarketCap ranking is #114, with a live market cap of $2,207,579,546

Stepn is also trading on a bearish momentum as the bears have been in control for the last 24 hrs. Stepn has traded as low as $0.367 and as high as $0.3923.  It has a circulating supply of 600,000,000 GMT coins and a total supply of 6,000,000,000 GMT coins.

STEPN Price Prediction 2022-2031: Is GMT the Next Shiba Inu? 1

The Bollinger Bands upper limit is $0.621 which is the strongest resistance point for the LINK. Stepn price analysis reveals that the Relative Strength Index (RSI) is currently at 35 and heading toward the overbought region. 

Investors are urged to take caution about the market as it is highly volatile. As selling activity outpaces buying actions, the RSI score rises. Furthermore, the RSI appears to move downwards indicating a decrease in the market.

STEPN Price Prediction by Cryptopolitan

Our STEPN Price Prediction for 2022 is a high of $0.44; in five years, a high price of $3.09; and in 10 years, the STEPN GMT token appears to demonstrate an explosive growth rate and reaches a maximum price of $14.94. Let’s look at the year-to-year rise in the price of the GMT token.

STEPN Price Prediction 2022-2031: Is GMT the Next Shiba Inu? 2

Stepn Price Prediction 2022 – 2031

STEPN Price Prediction 2022-2031: Is GMT the Next Shiba Inu? 3

STEPN  Price Prediction 2022

Our STEPN Price prediction for 2022 shows that the GMT token prices will increase from their current price. We expect to see the coin reach a minimum price of $0.4 with an average price of $0.42 and hit a high of $0.44.

The STEPN move-to-earn crypto app has Social-Fi and Game-Fi elements. STEPN’s Game-Fi initiative intends to encourage users to combat climate change, live a healthy lifestyle, and link the public to Web3 while relying on its Social-Fi component to create a stable platform that fosters user-generated Web3 content.

STEPN  Price Prediction 2023

Our STEPN price prediction for 2023 shows that GMT could have a bull run, and the price could undoubtedly rise and potentially attain a maximum price value of $0.72. Although the price is seen to rise from the previous year, the coin will have to experience a minimum price of $0.59 and an average trading price of $0.61.

The first move-to-earn mobile nonfungible token (NFT) game powered by the Solana blockchain is called STEPN. With STEPN, users may earn tokens by walking, jogging, or running outdoors with an NFT sneaker. STEPN aspires to motivate millions of people to adopt better lifestyles by bringing them into the Web3 era while also helping to achieve carbon neutrality. But, who created STEPN?

STEPN  Price Prediction 2024

Our STEPN price prediction for 2024 shows that the GMT price appears that the current bear market will have flipped to a bullish market. Therefore, gaining a maximum price of $1.03

With an average price of $0.87 and expected to maintain a minimum price of $0.84.

The Solana store was opened in July at The Shops, an upmarket shopping mall at Hudson Yards on the east side of Manhattan. It was set up by Solana Spaces, a San Francisco-based organization with the aim of opening “a set of retail venues that provide an immersive educational experience for people interested in the Solana blockchain and Web 3.0.”

Solana Foundation, the organization behind the  Solana (SOL) cryptocurrency,  “funded and helped incubate” the Solana Spaces NYC store, which sells SOL merchandise such hoodies and tracksuit bottoms, as well as providing information about “DeFi, NFTs, games and a variety of Solana projects to earn immediate rewards”.    

STEPN  Price Prediction 2025

Our STEPN price prediction for 2025 is a maximum value of $1.44. We can expect the GMT coin price to be around an average of $1.28 and the lowest price to be $1.24 for the same year. Our STEPN price forecast expects the cryptocurrency to thrive as more crypto enthusiasts are interested in the token.

Find Satoshi Lab, the parent company of the move-to-earn application STEPN, is releasing MOOAR, a membership-based, multi-chain non-fungible token (NFT) marketplace.

The addition of a marketplace helps the company to develop its self-sustaining ecosystem alongside the existing STEPN fitness app and DOOAR, a Solana-based decentralized exchange (DEX).

STEPN  Price Prediction 2026

Our STEPN price prediction for 2026 is a maximum value of $2.15. We expect the average price to be around $1.85 and a minimum value of $1.79 for the same year. Crypto investors always look to the future and hope their cryptocurrencies value continues to grow. We anticipate a relatively bullish trend to continue.

Not only will MOOAR users be able to purchase the sneakers necessary to use Stepn (which currently trade at a floor price of 0.98 SOL, or about $32 on Magic Eden), but can additionally build and sell NFT collections on the platform. The goal is for the three apps to work “in collaboration to actively support each other,” the platform wrote in a press release.

Notably, the platform is launching with zero platform fees and no optional royalties.

STEPN Price Prediction 2027

Our STEPN price prediction for 2027 is anticipated to reach a high price of $3.09. The minimum price of the coin is expected to be $2.76 while the average trading price of the coin is forecasted to be $2.67.

The other crucial issue is to establish a longevity-focused tokenomics template. STEPN utilizes a two-token model like Axie Infinity, Crypto Raiders, and other play-to-earn games. The first is GST, the in-game utility token you use to do things like repair your sneakers, and the second is GMT, which also has some functionality, but can be viewed more as an investment token. 

STEPN  Price Prediction 2028

Our STEPN price prediction for 2028 indicates that STEPN’s price could trade as high as $4.7. Per our stepn gmt price prediction, the bulls are to retake control of the crypto market, leading to average and minimum prices of $4.13 and $4.02, respectively.

The game structure encourages users to put GST back into the system because it’s more likely that you’ll make out with better returns than just earning as much as you can with a Level zero sneaker and cashing out. Aside from sneaker repairs and upgrades, you’ll also spend a lot of GST on minting new sneakers, which costs a minimum of 200 GST and can go much higher. By taking GST out of the system in these ways without increasing the number of sneakers in circulation, they better maintain their value.

STEPN  Price Prediction 2029

Our STEPN price prediction for 2029 claims that the STEPN price range will reach an introductory price of $6.93 at its highest point. The digital coin’s bullish trend from the prior year is anticipated to continue, and we anticipate it to maintain its minimum and average prices of $0.6.01 and $6.18, respectively.

GMT tokens are the governance token of STEPN. They can be used to change your sneaker’s name or used to vote on important matters that impact Stepn’s future. They can also be used to access premium content and locked activities.

GST has an unlimited supply, while GMT’s are minted at the Token Generation Event and their supply is capped at 6 billion and is only awarded to users who have upgraded their sneakers past level 30.

STEPN  Price Prediction 2030

Our STEPN price prediction for 2030 is a maximum value of $10.47. We can expect the Stepn GMT price prediction to be around an average of $8.98 and a minimum value of $8.73 for the same year. Our STEPN price forecast expects the cryptocurrency to thrive as more crypto enthusiasts are interested in the token.

STEPN is a GPS-based game where the app tracks your movements and steps, similar to what your Fitbit does. To start running, you need to purchase a pair of virtual sneakers. Yes, on top of your real sneakers. These are minted NFTs so you can resell them on the market, and possibly make some profit to buy a better pair.

Each pair of sneakers is like a two-dimensional Pokémon, having its own stats and rarity. The stats determine how long you can run without needing to recharge. They can also grant you a speed bonus so you can earn more GST while running.

STEPN  Price Prediction 2031

Our STEPN price prediction for 2031 shows that the STEPN GMT token appears to demonstrate an explosive growth rate. The projections show that STEPN GMT’s price could range from a maximum price of $14.94 with an average price of $13.04 and the lowest price of $12.59.

The growth rate, should it be realized, will ensure that long-term holders reap significant gains from their GMT crypto assets. Though STEPN saw huge initial success, it ran into trouble in China in the aftermath of 2022’s crypto market turmoil.

The industry-wide downturn along with Chinese data laws which prohibit the storage of citizens’ GPS data raised the hackles of the country’s regulators, forcing STEPN to block Chinese users. Depending on their data protection laws and their attitude towards crypto other countries could follow suit.

If STEPN can overcome these initial hurdles, “move-to-earn” could well become a thriving sector of the crypto space. And if its economic incentives get a few people off their couches and into their running shoes, that’s surely no bad thing.

STEPN  Price Prediction by Wallet Investor 

According to present data STEPN (GMT) and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Our Ai cryptocurrency analyst implies that there will be a negative trend in the future and that GMT are not a good investment for making money. Since this virtual currency has a negative outlook we recommend looking for other projects instead to build a portfolio. Trading in bear markets is always harder so you might want to avoid this currency if you are not a veteran. 

STEPN  Price Prediction by Price Prediction Net

The future of STEPN is highly dependent on the overall performance of the crypto industry. When it comes to investing in GMT, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile. However, it is still an excellent investment for those who have a high tolerance for risk and a solid financial position. In addition to its speculative nature, GMT also offers exposure to global technology and an ever-growing ecosystem.

STEPN Price Prediction by Industry Influencers

A crypto analyst, Royal crypto, has said that STEPN will have a bullish run all through. They predict that the calculated rate for 2025 will reach $6.58. They expect the coin to prove profitable for long-term investment based on the expected growth of the technological sector.

Industry influencers, as the name, suggest often shape the future of a cryptocurrency. Coins with a solid community of supporters often withstand the test of time during rigorous bear markets. STEPN GMT has received significant support from Twitter crypto writers and influencers, indicating a healthy future for STEPN GMT cryptocurrency. Below is a sample tweet that backs the growth of STEPN GMT for the long term.

Professional trader, risk manager, and leading technical analyst STEPHEN HOAD has this to say about STEPN GMT: Up +500% in just weeks, STEPN (GMT) (Green Metaverse Token) is getting a lot of hype on social media. Possibilities of a 10X upside in the short term? A Web3 lifestyle app / social / gaming design where you need to burn the GMT to access/mint the app’s features. Has the app got any longevity? I take a look at the charts to see where it may be heading next.

Conclusion

STEPN appears to be a viable investment, especially in light of the high level of trading in the GMT cryptocurrency, potential development, and the number of apps now being developed on the Solana blockchain. But bear in mind that nothing in the world of crypto is definite. If you can’t afford to lose your money, don’t invest.

As of this writing, the price of STEPN GMT is down, however, the predictions show that the downward trend will soon be flipped, and an upward momentum will begin. Although holding the token may be a risky investment venture for short-term investors, it is clear that long-term investors can profit massively.

About the author

Why invest in physical gold and silver?
文 » A