What is Stepan (GMT Coin)?  Future Project and Comments

What is Stepan (GMT Coin)? Future Project and Comments

GMT Coin, which is one of the most talked about projects of 2022 and showed serious performance when it was first revealed, reached the $4 level. GMT, which is currently trading at the level of 0.16 USD, is taking many by surprise. So what is GMT Coin, what is its project, what do you need to know about its future and comments?

What is STEPN (GMT Coin)?

Stepon is a lifestyle focused fitness and health app with Web 3 based Soc-fi and Game-fi elements. Anyone who plays sports, walks, runs, in short, moves in real life, can earn income and earn NFTs thanks to this application. Users can transact with GMT, the native token of STEPN.

Users with sneaker NFTs in the game earn income by acting out in their real lives. Furthermore, these sneaker owners can make money by renting out their NFTs and share the income with the people they rent out. In the NFT marketplace on the platform, users can sell sneaker NFTs and in-game items.

The usage areas of GMT token in the project are as follows:

  • Governance (Users have more say as they stake GMT tokens.)
  • Staking (GMT stakers play a key role in the distribution of staking rewards and can vote.)
  • Protocol Revenue (used to purchase desired products in the app)

STEPN Future

Backers of the project include giants of the crypto industry such as Alameda Research, Solana Ventures, Spark, DeFi Alliance.The founders of the Stepan project are Jerry Huang and Yun Rong. His advisors include game executive Scott Dunlap, William Robinson, Jason Kam and Web3 investor Santiago Santos, who work in the game industry.

Despite these investors, we can say that the future of GMT Coin is a matter of discussion. Because the bearish market in cryptocurrencies causes really tough times for the investors.

Where and how to buy STEPN (GMT) coin?

GMT Coin is traded on Binance, one of the largest cryptocurrency exchanges in the world. So if you want to buy GMT, you can use the Binance exchange.

When did the GMT coin appear?

GMT Coin was listed on the Binance exchange on March 9th, 2022, meeting crypto investors.

What is the lowest dollar seen in GMT?

On March 9, 2022, a day after its release, GMT coin reached a low of $0.1003.

What is the most viewed dollar in GMT?

GMT coin, which gained serious popularity after it started trading on stock exchanges, reached an all-time high of $4.10 in April 2022 and increased its value almost 40 times in a span of 40 days.

Is the GMT Coin Supply Limited?

GMT coins are in limited supply but there are currently 1,096,247,770 GMTs in circulation in the market. This corresponds to 18% of the total supply of GMT.

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