For most cryptocurrencies, March is a month of ups and downs, with periods of high interest and other periods of immediate decline. But in the 31st day, a special asset, Green Metaver Token (GMT), related to the STEPN crypto game and launched by the Solana (SOL) blockchain, increased and increased by 2,000%.
When GMT had its stock traded on Binance, on March 9, it was priced at US $ 0.13 (R $ 0.60, at current prices), as of Monday (4), its price was already $ 2.13 (R $ 9.83), according to CoinMarketCap.
The capital of the cryptocurrency, calculated from its current value compared to the current offering of the market, has reached US $ 1.7 billion (R $ 7.85 billion) during the critical period. of the currency, and only in the last 24 hours, the volume of His trading. is equivalent to US $ 4.7 billion (R $ 21.6 billion) – more money than Litecoin (LTC) and some older stocks in the market.
According to experts, the reason for this interest is the fact that STEPN’s game, an application in token is commonly used, mixing popular metaverseA virtual immersion environment that brings together a variety of technologies, with health-promoting features such as physical activity – a characteristic of the species move-to-buyin which users who play sports with monitoring apps receive digital assets.
At STEPN, the prize for the athlete is paid in Green Satoshi Token (GST). GST can be used for activities in the ecosystem game, such as minting new products and leveling them, or it can be reversed, while GMT is the benefit used in activities other than those involved. play itself, in addition. is an option that allows exchange for fiat money, such as dollar.
high barrier to entry
For those who enjoy STEPN, it is important to note that the game has a major impact on access: to start playing, the user must purchase NFT of volleyball shoes Tennis in the game with options ranging from 10.98 SOL to 24, 90 SOL In total, there are four different models, which have different features that affect the player’s success clear and their GST performance.
In addition, it is important to keep in mind that the volatility of the cryptocurrency market makes new assets more profitable as investment risk, since It is unknown at this time what he will do after leaving the post. of deception. So far, there is nothing to indicate that this is STEPN, but it is always good to remember that.