Stepn (GMT) Price Prediction – 2023, 2025, 2030

STEPN (GMT) Overview

🪙 Cryptocurrency STEPN
💱 Ticker Symbol GMT
🏆 Rank 104
💸 Market Cap $348,950,331
💲 Price $0.581584
🚀 Trading Volume $355,738,145
📈 Price Change (24h) 8.60%
💰 Current Supply 600,000,000
  • Bullish STEPN (GMT) price predictions range between $2.62 and $4.94 by 2030.
  • Market analysts believe GMT could reach $2.04 by 2025.
  • Bearish STEPN market price prediction for 2023 is $0.465267.

STEPN (GMT) Introduction

As we know, this article is all about STEPN price prediction, but first, let’s have a look at the basic introduction of this currency if you want a good return on your profitable investment from it.

STEPN, the first NFT initiative based on the move-to-earn concept, is a healthy lifestyle app with social finance (social) and play-to-earn (games) aspects.

Jerry Huang and Yawn Rong, two Australian software developers, co-founded STEPN in August 2021. STEPN won the 2021 Solana Ignition hacking competition before securing a $5 million funding round from private equity behemoth Sequoia Capital.

The Green Metaverse Token (GMT), the STEPN’s governance token, was made available on Solana in March 2022. Holders of GMT can suggest and decide on project advancements and treasury distribution.

Before making a STEPN price, we examine what is GMT (STEPN)? And (GMT) STEPN technical and fundamental analysis? Let’s look at it.

What Is STEPN (GMT)?

STEPN is a Web3 move-to-earn mobile application with components for social and gaming finance (GameFi and SocialFi). Find Satoshi Lab, an Australian fintech studio, is the group behind STEPN.

The project works on the Solana blockchain, and its core idea depends on “moving around,” which is most people’s everyday activity. At the 2021 Solana Ignition Hackathon, STEPN finished the third runner-up and was the first project to integrate the move-2-earn concept functionally.

The goal of the game component of STEPN is to encourage millions of users to adopt a healthier lifestyle, combat climate change, and avoid driving high-emission automobiles. On the other hand, the Social Finance component of STEPN aims to develop a platform that promotes user-generated web3 content.

STEPN uses a two-tiered token system. GMT and GST are the two types of tokens available in the ecosystem, and each can be acquired differently.

STEPN’s app includes the following GameFi features:

Since STEPN GMT token is still in beta, the only method available to users is solitary. Background and Marathon modes, the other two game modes, are currently developing and will be available soon.

These Non-Fungible Tokens have a variety of qualities, including convenience, toughness, effectiveness, and good fortune. Users can earn in-game tokens by wearing sneakers, which can be improved and customized by burning Green Satoshi Tokens.

STEPN users can access some gems to enhance the characteristics of their shoes after reaching a certain level of sneakers.

Users can start minting Shoeboxes once they have obtained two NFT sneakers. The price of minting will vary depending on the type of shoes you acquired initially and those you receive afterward.

By completing specific in-game tasks, players can acquire a variety of badges. The advantages these badges can offer can be exploited to change how the game is played. Users who possess badges, for instance, may benefit from lower minting costs, additional points, governance benefits, or extra energy. The creation of this feature is presently ongoing.

STEPN (GMT) Technical Analysis

The STEPN tokens price prediction is unquestionably based on a detailed examination of its price chart and technical analysis, considering both the current price and historical trends of the cryptocurrency. When examining the trend lines, the prices have risen above the 200 MA (Moving Average) line. 

The upward forecasted trend line in the technical analysis is the most likely trend after such a breakout, with the GMT price beginning and market cap to challenge its new resistance levels. These studies are upbeat even if there is a prevailing sense of a bear market that might permeate the crypto industry. 

The STEPN currency and the average price are expected to recover much more swiftly than the overall crypto market cap, giving investors enormous gains on both short- and long-term holdings.

Furthermore, you must determine the type of support and resistance levels that STEPN price forecast encounters in order to plan for its future. The horizontal resistance can be identified by how often the GMT value rises and falls during an upward push.

You can obtain horizontal approval ratings by keeping track of how frequently STEPN price checks and deviates from the existing price while falling. Forecasting the market cap of an adax can assist you to decide when to sell if you already own one and want to trade for the highest price.

  1. Utilize MA (Movable Averages)

STEPN price forecast is also determined by MA (Moving Averages). Moving averages (MA) are frequently used by traders to determine the speed and potential places where the price of GMT is likely to reverse from a downturn or decrease following an upsurge.

  1. Utilize Indicators

Indicators can be used by traders to aid in STEPN price prediction. Indicators take into account a number of factors, such as duration, quantity, strength, etc. to predict if the STEPN will rise or decline. Trades can bring about shifts and stability even when they cannot predict the STEPN price.

STEPN (GMT) Fundamental Analysis

Traders use technical analysis to focus on an asset’s performance, frequently down to the minute on trading charts, whereas fundamental research does the exact reverse. Trades are zoomed out. This gives them a comprehensive knowledge and understanding of the asset and the organization that supports it.

The “actual value” of an asset is what fundamental analysis intends to identify. For example, by taking into account a number of internal and external criteria, you may determine whether a cryptocurrency is overpriced.

You have undoubtedly heard the adage, “invest in people, not products.” This quotation essentially captures the main idea of the fundamental analysis. Investors that adhere to fundamental analysis argue that the main predictor of an asset’s future performance is the company’s strength. For investors seeking to purchase inexpensive assets, this is an excellent tactic.

There are many value propositions for GMT as per historical data. The value proposition is made better because it is not capped. The entire mining ecosystem is aware of the benefits of maintaining the network. 

There is no rush to get to an “alleged” hard cap right now. Prospects for the web are stabilized as a result. Because of this, the value of STEPN can increase, further ensuring ecosystem growth. More STEPN can be obtained to keep the ecosystem operating correctly. STEPN usage is expected to grow yearly, raising the currency’s value.

STEPN (GMT) Current Price

STEPN is currently worth $0.581584 USD. GMT has moved 8.60% in the last 24 hours with a trading volume of $355,738,145. STEPN is currently ranked 104 amongst all cryptocurrencies with a market capitalization of $348,950,331 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for STEPN (GMT) to decide wether it is going to have a bullish or bearish year.

STEPN (GMT) Price Prediction

Year Minimum Price Average Price Maximum Price
2023 $0.697901 $0.814217 $0.872376
2024 $1.16 $1.28 $1.45
2025 $1.74 $1.86 $2.04
2026 $2.33 $2.44 $2.62
2027 $2.91 $3.02 $3.20
2028 $3.49 $3.61 $3.78
2029 $4.07 $4.19 $4.36
2030 $4.65 $4.77 $4.94
2031 $5.23 $5.47 $5.70

Our price prediction forecasts use real-time STEPN (GMT) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

STEPN (GMT) Price Prediction 2023

STEPN, according to some, is one of the most amazing cryptocurrencies to rise this year (GMT). The GMT price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.872376.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.814217 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. GMT is expected to have a minimum value of $0.697901.

STEPN (GMT) Price Prediction 2024

In 2024, STEPN GMT price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of GMT will soon surpass $1.45. However, we should wait to see if the GMT’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, GMT will trade with a minimum trading price of $1.16 and an average trading price of $1.28.

STEPN (GMT) Price Prediction 2025

If the upward trend continues until 2025, it could reach $2.04 and GMT may profit. If the market experiences a decline, the goal may not be met. GMT is expected to trade at an average price of $1.86 and a low of $1.74 in 2025.

STEPN (GMT) Price Prediction 2026

If STEPN successfully boosts market sentiment among cryptocurrency enthusiasts, the GMT coin price could remain stable for the next five years.

According to our projections, GMT will be green in 2026. The GMT is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $2.62, with a minimum price of $2.33 and an average price of $2.44.

STEPN (GMT) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the GMT price is expected to cross an average price level of $3.02 by 2027, with a minimum price of $2.91 expected before the end of the year. Furthermore, GMT has a maximum price value of $3.20.

STEPN (GMT) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $3.61. If GMT manages to break the resistant level in 2028, we could see a maximum price of $3.78, failing to gather the support GMT needs by 2028 could result in a low of $3.49.

STEPN (GMT) Price Prediction 2029

While GMT is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $4.07 and a yearly price close above $4.36 in 2029.

STEPN (GMT) Price Prediction 2030

By 2030, STEPN will finally surpass its previous ATH values and record new price levels. The minimum price could be $4.65 and potentially reach a maximum price value of $4.94, averaging out at $4.77.

STEPN (GMT) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum GMT price in 2031 is projected to be $5.70 in the event of a bull run, with an average price level of $5.47.

Conclusion

Given the massive volume of GMT cryptocurrency trading, the potential growth, and the number of apps now being created on the Solana blockchain. In terms of investment advice, STEPN seems to be a wise investment as per market cap and experts. However, keep in mind that nothing in the crypto realm is certain. So don’t invest if you can’t afford to lose the money.

The price of STEPN GMT is declining, but estimates indicate that the downward trend will soon reverse, and an upward momentum will start. For short-term investors, holding the token can be a hazardous investment, but it is evident that long-term investors stand to gain significantly. 

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FAQ

What is the STEPN (GMT) price today?

Today, STEPN (GMT) is trading at $0.581584 with a total market capitalization of $348,950,331.

Is STEPN a good investment?

STEPN proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that GMT is a good choice of investment.

How high can STEPN go?

The average price of STEPN (GMT) can possibly reach $0.814217 this year. Over the next 5 years, it is projected that STEPN may surpass $3.78.

How much will STEPN be worth in 5 years?

Based on the rising popularity of cryptocurrency and STEPN, a long term investment in GMT could see the price rise to $3.78 within the next 5 years.

How much will STEPN be worth in 10 years?

If you invest in STEPN today, as with any investment, a long term increase is expected. The price of GMT could possibly rise to $7.39 within the next 10 years.

What will the STEPN price be in 2024?

STEPN (GMT) price is expected to reach $1.45 by 2024.

What will the STEPN price be in 2025?

STEPN (GMT) price is expected to reach $2.04 by 2025.

What will the STEPN price be in 2026?

STEPN (GMT) price is expected to reach $2.62 by 2026.

What will the STEPN price be in 2027?

STEPN (GMT) price is expected to reach $3.20 by 2027.

What will the STEPN price be in 2028?

STEPN (GMT) price is expected to reach $3.78 by 2028.

What will the STEPN price be in 2029?

STEPN (GMT) price is expected to reach $4.36 by 2029.

What will the STEPN price be in 2030?

STEPN (GMT) price is expected to reach $4.94 by 2030.

What will the STEPN price be in 2031?

STEPN (GMT) price is expected to reach $5.70 by 2031.

Jason Conor

Jason Conor

Jason Conor VerifiedVerified

Editor-in-Chief of the BitcoinWisdom site, I’m responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications.

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