GMT token price Prediction – why is GMT rising? Review and Chart 2022
GMT token Price Prediction 2024
GMT token It is among the crypto coins traded on stock exchanges. GMT token comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.
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GMT token?
GMT is the management token of STEPN, a Web 3-based sports and health application with Social-Fi and Game-Fi elements. Anyone who does sports, walks, runs, in short, moves in real life, can earn rewards, in other words, income with this application. These awards are given with GST, another token of the application with a dual token system. In addition, users can earn NFT.
The uses of the GMT token in the project are as follows:
Governance (The more users stake the GMT token, the more they have a say)
Staking (GMT stakers play a key role in the distribution of staking rewards and can vote)
Protocol revenue (burned to access in-app features)
Founder and year of founding: Jerry Huang, Yawn Long – 2021 Blockchain: Solana Total supply: 6 billion GMT Total supply in circulation: 600 million GMT Market cap: $1.2 billion (as of March 30, 2022) Aim of the project: Leading people to a healthier lifestyle and tackling climate change through play-to-win.
Why is GMT rising?
As of today, STEPN has more than 100 thousand daily active users and its popularity has been increasing in recent days. In the statement made yesterday from STEPN, which is essentially a play-to-win game, there was a hint that a sponsorship announcement could be made with the big important brand very soon. “Big sports brands like Nike and Adidas are known for shaping the market in walking and running,” the STEPN team said. Do you see these players as a threat in the future?” He replied, “We will make an announcement about it very soon.” He replied.
Also
, considering that Scott Dunlap, one of the executive names of Adidas, is among the consultants of the STEPN project, a cooperation with Adidas is more likely.
This statement in the sharp rise seen since yesterday may have been effective. In addition, it was announced the previous day that BNB could be used in addition to GMT in the STEPN application. This integration will happen soon. This collaboration with Binance strengthens the position of the project.
STEPN in-app images
Moreover, as the use of STEPN is spreading rapidly, it is inevitable that this will have a positive impact on the price of GMT. STEPN users have run 3 million kilometers and burned 190 million calories since the application was launched. STEPN’s Discord members approached 100,000, and Twitter followers approached 140,000.
Binance has recorded a 22,200% increase since Launchpad
GMT, Binance’s front page at the beginning of March It was launched on the sales platform Launchpad. GMT was Binance’s 28th Launchpad project. GMT, which saw $ 2.23 today, was sold at a price of $ 0.01 on Launchpad. Therefore, it is possible to say that it has increased by 22,200% in a short period of one month.