STEPN Price

(GMT)
USD($)
STEPN (GMT) Live Price Chart

STEPN Live Price Data

The live price of STEPN is $0.4329, with a total trading volume of $ 2.14M in the last 24 hours. The price of STEPN changed by +26.23% in the past day, and its USD value has increased by +50.06% over the last week. With a circulating supply of 600,000,000 GMT, the market cap of STEPN is currently 486M USD, marking a --% increase today. STEPN currently ranks #95 in market cap.
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Note: This data is for reference only.
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STEPN(GMT) Profile

altRank95
rateB
Expand
Website
Contract
Solana 7i5KKsX2...fRxBSC 0x3019BF...2A1
Audited By
--
Code & Community
Investors
Sequoia Capital Folius Ventures Solana Capital Alameda Research 6th Man Ventures DeFi Alliance M13 Corner Ventures Sfermion Zee Prime Capital Lemniscap Spark Digital Capital MorningStar Ventures Openspace Ventures Solar Eco Fund WelinderShi Capital
$0.3348
$0.4448
$3.9600
-0.32%
+26.23%
+50.06%
$486M 
$83,724 
600,000,000
6B

About GMT

How can I buy STEPN (GMT)?

Buying GMT on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy STEPN (GMT) for more information.

What is STEPN (GMT) Token?

STEPN is a Web3 app that merges GameFi and SocialFi to create an engaging experience around the concept of Move-to-Earn. The lifestyle dApp aims to make users fitter by offering crypto rewards for walking, jogging, or running outdoors.

STEPN players must purchase NFT sneakers from the in-game marketplace to start. Based on their activity and the sneaker NFT they use, they can earn incentives for keeping active. The Web 3.0 lifestyle app built on the Solana blockchain encourages people to adopt healthier lifestyles and contributes to tackling climate change through a unique feature for carbon removal credits.

The Green Metaverse Token (GMT) is one of two native tokens of the STEPN game and serves as the dApp’s governance token. GMT must level up in the game and mint new sneaker non-fungible tokens (NFTs). In addition, GMT token holders can also access in-app features, enjoy voting rights, and contribute their thoughts on proposals for upgrading the STEPN ecosystem.

STEPN has set the max supply of the GMT token at six billion. The game will also implement various token-burning mechanisms to bring down the GMT circulating supply, creating deflationary pressure and supporting the GMT price in the market.

The move-2-earn STEPN game came in fourth among the Solana Ignition hackathon winners in the gaming category. The game boasts a lineup of formidable backers, including Sequoia Capital, Folius Ventures, Binance, Solana Capital, DeFi Alliance, and Alameda Research.

How Does STEPN Work?

STEPN is available as a mobile app for download on both iOS and Android devices. Users can register with their email addresses and buy NFT sneakers using Solana (SOL) tokens from their wallets connected to the game.

The STEPN Sneaker Marketplace contains a wide range of options, depending on the activity you plan to use the sneaker for - walking, running, or jogging. Other attributes, or Gems, of the sneaker NFTs you can assess before selecting the right one include efficiency, luck, comfort, and resilience. The fifth variable is the rarity of the sneaker.

STEPN players receive rewards in the form of Green Satoshi Token (GST) - the second game token, based on their activity level and how good the NFT sneaker is chosen. The higher the intensity and duration of the activity.

The STEPN game offers the following modes:

Solo Mode

Users earn Green Satoshi Tokens as rewards for moving. After Level 30, players can opt to receive rewards in GST or GMT tokens. To maximize earnings, players should move within the optimal range of the NFT sneaker they use - anything higher or lower than this could reduce their earning potential by as much as 90%.

Marathon Mode

The STEPN developers will also release a Marathon Mode for players, which offers the SocialFi element in the game. Once this feature goes live, the game will conduct Weekly Marathons and Monthly Marathons, in which users can register 24 hours before the event and participate. They compete with other players and receive rewards based on their ranking in the marathons.

Background Mode

In addition to active movement, STEPN will also offer a chance for players to earn GST rewards in the Background Mode. This mode will reward users for up to 3,000 steps daily; however, the earning potential will be far lower than when they perform active movements such as outdoor walking, jogging, or running.

History of STEPN and Green Metaverse Token (GMT)

The open beta version of the STEPN game went live in December 2021. The developers rolled out the in-app NFT marketplace and trade function a month later, letting players buy and trade NFT sneakers.

The Gem system defining attributes to the sneaker NFTs came in February 2022, followed by an IEO/IDO wallet upgrade in March. STEPN’s in-app wallet received an upgrade in April 2022.

Multi-chain wallet features were added in May 2022, while June saw the team release an upgrade to support a multi-chain marketplace for the game. In August 2022, the NFT marketplace launchpad was released.

As of August 2022, upcoming features the team is working on include an achievement badge system, the release of the Marathon Mode, and a brand expansion for STEPN. The first phase of the game’s SocialFi elements is expected to go live in December 2022.

What is STEPN Green Metaverse Token (GMT) Used For?

The STEPN GMT token has several uses within the game and outside it, including:

Governance Token

GMT holders enjoy the right to vote on proposals that decide the future evolution of the game.

Earning Rewards

After owning at least three Energy, you are eligible to start earning GMT tokens when playing STEPN.

Leveling Up in the Game

It would help if you burned GMT to upgrade your sneaker NFTs and increase your earning potential in the game. To upgrade a Gem to certain levels - sneaker attribute from Level 4 onward, you need to burn GMT. The Green Metaverse Token is also burned for various other upgrades within the game.

Crypto Asset to Trade and HODL

As a native token of one of the hottest Web 3.0 apps, GMT is an attractive crypto asset to invest in. You can buy or sell STEPN against other cryptocurrencies in the market or hold it long-term if you believe in the future potential of the game. Review the current price of STEPN, GMT live market cap, current circulating supply, 24-hour trading volume, and latest crypto news, and perform technical, sentiment, and fundamental analysis on the GMT price chart before entering a new trade.

Earn Passive Income

Some platforms let you stake GMT to earn APYs by putting your crypto holdings to work. KuCoin enables you to earn passive income from investing in GMT via our Crypto Lending feature. Head to this section on our platform to lend liquidity in GMT to the exchange and earn daily interest over seven days, 14 days, or 28 days.

STEPN (GMT) Price Movements ($)
PeriodChangeChange (%)
Today$0.09126.64%
7 Days$0.146550.90%
30 Days$0.155755.88%
3 Months$0.178169.50%
24H Investment Barometer
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The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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STEPN Conversion Rate
  • 1 GMT to USD$0.43297007
  • 1 GMT to EUR€0.40161611
  • 1 GMT to AUD$0.66713327
  • 1 GMT to KRW₩585.09
  • 1 GMT to JPY¥65.57
  • 1 GMT to GBP£0.34356175
  • 1 GMT to INR₨36.1
  • 1 GMT to IDRRp6,874.87
  • 1 GMT to CAD$0.58912073
  • 1 GMT to RUB₽39.68

FAQ

How much is 1 STEPN (GMT) worth?
KuCoin provides real-time USD price updates for STEPN (GMT). STEPN price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time GMT to USD exchange rates.
Is STEPN (GMT) a Good Investment?

Although it is impossible to make an accurate STEPN (GMT) price prediction over any duration, the fundamentals of the project suggest that it could be a good crypto asset to invest in. As one of the most trending Web 3.0 games on the blockchain, STEPN could see rising adoption by players, which could support the GMT price and market capitalization and take it higher.

As more players sign up and start playing the game, the GMT token burn picks up pace, making the token even more valuable and taking the STEPN price and market cap higher. In addition to an uptick in the number of players, increased activity in the NFT marketplace could also power an uptrend in the live price of STEPN.

As Web3 applications gain more mainstream traction, GameFi dApps like STEPN could be among the most popular examples of powering the trend. The STEPN price could also increase as the crypto market sentiment turns positive, boosting investor confidence in buying digital assets like GMT.

How to Earn GMT in STEPN Game

STEPN minted six billion GMT tokens at the Token Generation Event (TGE) on 9 March 2022. Here are the multiple ways you can earn tokens:

Playing STEPN

You can earn GMT tokens by playing the STEPN game and moving up through the levels. At Level 30, you have the option to swap GMT for USDC.

Governance Participation

STEPN rewards you for participating in the game’s governance by distributing GMT tokens.

Earn GMT via Staking or Lending Liquidity

In addition to earning GMT within the STEPN ecosystem, you can also obtain GMT crypto by buying them directly on supported exchanges like KuCoin. You can then put your GMT holdings to work via staking or lending liquidity to grow your portfolio and earn more GMT crypto.

Why Does STEPN Burn GMT Tokens?

Several activities contribute to GMT token burning to bring down its total supply within the STEPN game. Let’s take a look at them below:

Increase GST Supply

STEPN burns GMT to permanently increase the daily earning limit on the game's Green Satoshi Token (GST).

Mint NFT Sneakers

GMT is burned while minting rare, epic, legendary sneakers with high value and high earning potential for players.

Improve NFT Sneaker Quality

You can burn GMT in STEPN to improve your chances of getting your hands on a higher-quality sneaker when you open a mystery shoebox.

Re-distribute Points

The Green Metaverse Token is burned while redistributing attribute points within the STEPN app.

Upgrade Gems

You must participate in GMT token burning when upgrading Gems on your new sneakers on the level of 5, 10, 20, 29, and 30 in the game.

Improve Success Rate of Gem Upgrade

GMT token burning improves the success rate of Gem upgrades and sneaker upgrades. This can improve your earning potential from the NFT sneakers you purchase and use while playing the game.

Leveling Up

As the game progresses, you must burn GMT to cross Levels 5, 10, 20, 29, and 30.

Better Shoe Minting

Burning GMT can also raise the likelihood of receiving two sneakers when you mint NFTs within the STEPN marketplace.

What is the all-time high price of STEPN (GMT)?
The all-time high price of STEPN (GMT) is $3.9600. The current price of GMT is down 0.89% from its all-time high.
How much STEPN (GMT) is there in circulation?
As of 3 28, 2024, there is currently 600,000,000 GMT in circulation. GMT has a maximum supply of 6B.
What is the market cap of STEPN (GMT)?
The current market cap of GMT is $486M. It is calculated by multiplying the current supply of GMT by its real-time market price of $486M.
How do I store STEPN (GMT)?
You can securely store your STEPN in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your GMT include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Monero (XMR) to cash?
You can instantly exchange your Monero (XMR) for cash using KuCoin's Fast Trade feature. This feature enables you to convert XMR to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
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