The GMT\u2019s price has been in a strong upward trend in the past seven days despite other major coins nosediving. It experienced a 13% 7-day growth and a 24-hour gain of 0.53% this morning. Meanwhile, several top coins like FEI USD, Basic Attention Token (BAT), and Ravencoin have seen their prices plummet badly.<\/p>\n
STEPN (GMT) remains a major move-to-earn crypto project in the market despite fierce competition from the likes of SWEATCOIN. With a market cap of over $400 million, GMT is the 87th largest cryptocurrency by market capitalization on Coinmarketcap.\u00a0<\/p>\n
Related Reading: BIS Announces Successful Completion Of CBDC For Cross-border Transactions<\/a><\/p>\n STEPN Pumps Thanks To GigaSpace Partnership<\/p>\n The coin\u2019s price has risen significantly over the past few days after it announced its partnership with GigaSpace metaverse. The partnership will see both companies building a STEPN virtual city for community members.\u00a0<\/p>\n STEPN users can buy STEPN items, organize community events, and engage with others in the metaverse. It\u2019ll have a sports theme and have buildings and amenities, including stadiums, shopping malls, and communal space.<\/p>\n After the announcement<\/a> on GigaSpace\u2019s official Twitter handle, the coin price doubled within 24 hours. This was followed by a steady weekly rise from $0.59 on the 21st to $0.73 yesterday. Meanwhile, other top coins were all down between -5% and -10%.<\/p>\n Surviving Amidst Competitors And General Bearish Sentiments<\/p>\n STEPN (GMT) has enjoyed a good run since its inception in 2021. Over 4.72 million people have downloaded the app, attracting $5 million in financing and one million active daily users. But in recent weeks, the GMT price exhibited a significant negative trend as Stepn activity showed symptoms of slowing. Sweatcoin\u2019s rise in popularity coincided with its decline.<\/p>\n On September 13th, Sweatcoin released its own cryptocurrency, SWEAT. CoinMarketCap reported that the price of SWEAT increased by over 30% in the 24 hours following the launch. As a result, it\u2019s likely that the introduction triggered the GMT price struggle as investors rushed to purchase SWEAT.<\/p>\n GMT had also struggled alongside the entire crypto market. On April 29, 2022, it climbed to an all-time high of $3.80. But by the middle of June 2022, it dropped to its all-time low of$0.58, plummeting even more sharply than GST, its sister token.<\/p>\n GMT\u2019s price is currently trading around $0.6701. | Source: GMTUSD price chart from TradingView.com<\/a> Despite these bearish sentiments, GMT has managed to hold onto its position this week. It closed with a 10% increase two days back at $0.684746.\u00a0<\/p>\n The trading volume over the last 24 hours totaled $265,743,486, with a current price of $0.6719. STEPN lost 0.39% in the past day, ranking #87 on CoinMarketCap with a $400,997,811 market cap. There are a total of 600,000,000 GMT coins in circulation and a maximum of 6,000,000,000 GMT coins available.<\/p>\n Related Reading: Is Short Bitcoin ETF Exposure Gearing Up For A Squeeze?<\/a><\/p>\n STEPN may find support at $0.5964 after bouncing to $0.8070, which is now its resistance. If the GMT price manages a strong breach over $0.8070, it might go to $0.9215 or $1.1170.\u00a0<\/p>\n Featured image from Pixabay and chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n The GMT\u2019s price has been in a strong upward trend in the past seven days despite other major coins nosediving. It experienced a 13% 7-day growth and a 24-hour gain of 0.53% this morning. Meanwhile, several top coins like FEI USD, Basic Attention Token (BAT), and Ravencoin have seen their prices plummet badly.<\/p>\n STEPN (GMT) remains a major move-to-earn crypto project in the market despite fierce competition from the likes of SWEATCOIN. With a market cap of over $400 million, GMT is the 87th largest cryptocurrency by market capitalization on Coinmarketcap.\u00a0<\/p>\n Related Reading: BIS Announces Successful Completion Of CBDC For Cross-border Transactions<\/a><\/p>\n STEPN Pumps Thanks To GigaSpace Partnership<\/p>\n The coin\u2019s price has risen significantly over the past few days after it announced its partnership with GigaSpace metaverse. The partnership will see both companies building a STEPN virtual city for community members.\u00a0<\/p>\n STEPN users can buy STEPN items, organize community events, and engage with others in the metaverse. It\u2019ll have a sports theme and have buildings and amenities, including stadiums, shopping malls, and communal space.<\/p>\n After the announcement<\/a> on GigaSpace\u2019s official Twitter handle, the coin price doubled within 24 hours. This was followed by a steady weekly rise from $0.59 on the 21st to $0.73 yesterday. Meanwhile, other top coins were all down between -5% and -10%.<\/p>\n Surviving Amidst Competitors And General Bearish Sentiments<\/p>\n STEPN (GMT) has enjoyed a good run since its inception in 2021. Over 4.72 million people have downloaded the app, attracting $5 million in financing and one million active daily users. But in recent weeks, the GMT price exhibited a significant negative trend as Stepn activity showed symptoms of slowing. Sweatcoin\u2019s rise in popularity coincided with its decline.<\/p>\n On September 13th, Sweatcoin released its own cryptocurrency, SWEAT. CoinMarketCap reported that the price of SWEAT increased by over 30% in the 24 hours following the launch. As a result, it\u2019s likely that the introduction triggered the GMT price struggle as investors rushed to purchase SWEAT.<\/p>\n GMT had also struggled alongside the entire crypto market. On April 29, 2022, it climbed to an all-time high of $3.80. But by the middle of June 2022, it dropped to its all-time low of$0.58, plummeting even more sharply than GST, its sister token.<\/p>\n GMT\u2019s price is currently trading around $0.6701. | Source: GMTUSD price chart from TradingView.com<\/a> Despite these bearish sentiments, GMT has managed to hold onto its position this week. It closed with a 10% increase two days back at $0.684746.\u00a0<\/p>\n The trading volume over the last 24 hours totaled $265,743,486, with a current price of $0.6719. STEPN lost 0.39% in the past day, ranking #87 on CoinMarketCap with a $400,997,811 market cap. There are a total of 600,000,000 GMT coins in circulation and a maximum of 6,000,000,000 GMT coins available.<\/p>\n
\nGMT Price Predictions<\/p>\n
\nGMT Price Predictions<\/p>\n