STEPN Price Prediction 2023 – 2032
- STEPN Price Prediction 2023 – up to $0.68
- STEPN Price Prediction 2026 – up to $2.09
- STEPN Price Prediction 2029 – up to $6.54
- STEPN Price Prediction 2032 – up to $20.43
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 this coin’s value.
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 profit from the network’s native token. Could it be the next Shiba Inu?
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.
How much is GMT worth?
Today’s STEPN price is $0.461138 with a 24-hour trading volume of $88,127,421. STEPN is up 3.35% in the last 24 hours. The current CoinMarketCap ranking is #141, with a live market cap of $276,682,730 USD. 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!
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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 intends to help the platform drive millions of users toward a healthier 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 game modes, 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. The minting cost will depend on the initial sneakers category 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 difficult 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-layer 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 for 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.
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
How to purchase STEPN tokens
To buy GMT, follow these steps:
- Create an account on your preferred exchange, and complete KYC.
- 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 much 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%.
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 Technical Analysis
For the cryptocurrency to exit this channel range, it is anticipated to cross its horizontal support or resistance level. If GMT successfully breaks over the lower channel barrier, its price will most likely rise shortly and move toward the $0.621 level.
Nevertheless, if STEPN can overcome its upper channel resistance, it is most likely to first set a new high around the $0.483 level before descending towards the lower range support.
The price analysis for STEPN is pessimistic, given that the price dropped to $0.346 and a high of $0.39 today. The bears’ modest upward trend line in the price function proved successful throughout the previous 24 hours, but the bulls were able to drive it back up rapidly, and it is currently trading at roughly $0.382.
Given that STEPN’s price has found solid support at $0.3444, it is inferred that market participants are generally optimistic about the company’s future. The bulls are willing to push over the $0.6217 resistance level to lift the price further higher and make a profit on their investment, according to the Bollinger Bands.
The relative strength index (RSI) for Siacoin is 37.28, indicating that it is stable. The coin is therefore regarded as being in the higher range. Additionally, the RSI’s direction has also altered to an upward movement.
STEPN Price Prediction by Cryptopolitan
By the end of 2023, STEPN will cost $0.68 at its most costly, according to our pricing projection. The coin will appreciate in value and cost $4.54, which will be its highest price in five years. The future seems bright for STEPN, and it has a lot of promise. STEPN’s value is anticipated to continue rising steadily until it hits $20.43 in 2032.
Given that its blockchain technology and cryptocurrency projects are anticipated to gain more traction over time, we anticipate that STEPN will continue to be a long-term investment.
STEPN Price Prediction 2023
Our STEPN price prediction for 2023, a maximum price of $0.68, is what we project for STEPN. In the near future, prices could turn around, and an average of $0.6, with a minimum price of $0.58, is anticipated.
STEPN Price Prediction 2024
In our STEPN price prediction for 2024, we expect further price growth for the digital coin attaining a maximum price value of $1.02. Throughout the year, GMT is assumed to maintain an average price of $0.89 and a minimum price of $0.87.
STEPN Price Prediction 2025
Our STEPN price prediction for 2025 indicates that STEPN prices will continue to increase and reach a maximum of $1.52, with an average forecast price of $1.23 and a minimum price of $1.19.
STEPN Price Prediction 2026
Our STEPN price prediction for 2026 is anticipated to skyrocket, reaching a maximum of $2.09. A minimum price of $1.76 is also probable, and the prices could retrace soon to reach an average price of $1.81.
STEPN Price Prediction 2027
Our STEPN Price prediction for 2027 shows that the GMT token prices will increase from their current price. We expect to see the coin reach a minimum price of $2.56 with an average price of $2.63 and hit a high of $3.07.
STEPN Price Prediction 2028
Our STEPN price prediction for 2028 is anticipated to skyrocket, reaching a maximum of $4.54. A minimum price of $3.77 is also probable, and the prices could retrace soon to reach an average price of $3.90.
STEPN Price Prediction 2029
Our STEPN price prediction for 2029 states that the STEPN price range will hit a maximum base price of $6.54. We expect the digital coin to continue its bullish run from the previous year while keeping a minimum and average price of $5.53 and $5.72, respectively.
STEPN Price Prediction 2030
Our STEPN price prediction for 2030 expects further price growth for the digital coin attaining a peak price of $9.45. Throughout the year, GMT is assumed to maintain an average price of $8.39 and a minimum price of $8.16.
STEPN Price Prediction 2031
Our STEPN price prediction for 2031 will continue to rise until it reaches a high of $14.03. GMT is expected to keep a minimum price of $11.74 and an average price of $12.08 during the entire year.
STEPN Price Prediction 2032
Our STEPN price prediction for 2032 suggests GMT could reach a maximum of $20.43 and an average trading price of $16.72. The STEPN price prediction for 2026 also means STEPN could get a minimum price of $16.11.
STEPN Price Prediction by Coincodex
By February 20, 2023, the value of GMT Token is anticipated to decrease by -2.25% and reach $ 0.099388, based on Coincodex’s most recent price estimate. Coincodex technical indicators indicate that the current mood is bearish, and the Fear & Greed Index is currently at 53. (Neutral). In the past 30 days, GMT Token experienced 2.77% price volatility and 16/30 (53%) green days. Coincodex’s GMT Token forecast indicates that this is not the ideal moment to purchase GMT Token.
One method of determining the long-term direction of the GMT Token price is to compare it to other significant technology advancements and trends. The price of the GMT Token by the end of the years 2024, 2025, and 2026 are depicted if its growth trajectory will be the same as that of the internet or of major tech firms like Google and Facebook during their boom phases.
In the best-case scenario, assuming GMT price follows Facebook growth, it will be $ 2.80 in 2026. The forecast for GMT Token in 2026 would be $ 0.321456 if Internet growth were to be followed.
STEPN Price Prediction by DigitalCoinPrice
DigitalCoinPrice’s most recent STEPN price forecast is that by the end of 2025, the value of STEPN will have risen by 213.04% to $1.54. The Fear & Greed Index is currently reading 27.08, which indicates high fear, while other technical indicators show that the current attitude is bearish. It’s dangerous to sell STEPN right now, according to our STEPN forecast.
By the end of February, STEPN will rise in value by 117.31%, reaching roughly $0.92. All indications currently point to a bearish zone, and the fear & greed index registers 27.08, extremely high worries. DigitalCoinPrice prediction indicates that now is not the ideal moment to sell STEPN.
STEPN Price Prediction by Industry Influencers
AJ Five, a youtube crypto influence, says that even though GMT is trading in the red zone, we should expect the coin to reach $1.5 by the first quarter of 2023. AJ Five says that the coin will continue its bullish trend, and by the end of the year, it will be trading in the blue region.
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.
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.
Is STEPN a profitable investment?
There is a strong likelihood that the value of STEPN will continue to climb with a supply shortage. As a reminder, all investments have a degree of risk. Do as much research as possible before drawing any decisions, and invest only as much as you can afford to lose.
What's the projection for STEPN in 10 years?
The growth rate, should it be realized, will ensure that long-term holders reap significant gains from their GMT crypto assets. The projections show that STEPN GMT's price could range between $16.11 and $20.43 in 2032.
Why is STEPN compared to Shiba Inu?
In addition to the big price jump, the other thing STEPN has in common with SHIB in its early days is that it's a top trending crypto on CoinMarketCap. The difference is that STEPN has more utility than Shiba Inu.
<Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.