Stepn announced a revamped GEMs or Mysterybox system and hit the important milestone of 300,000 DAU (Daily Active Users). Its token GMT surged to the top with the highest trading volume over the past 24 hours.
The ecosystem also launched STEPN x ASICS NFTs, a unique collection of NFT sneakers in partnership with leading sports brand ASICS on Binance's NFT marketplace.
All of these factors contributed to a spectacular price increase.
If you want to know more about what GMT is, if it will give you good returns and where is the best place to buy GMT, you've come to the right place.
1. Buy BNB from a regulated exchange or broker like Binance ›
We recommend Binance because it is one of the world's leading multi-asset trading platforms and is an exchange and wallet in one. Fees are among the lowest in the industry. Also, Binance is beginner-friendly and offers more payment options than any other service available.
2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask
You need to create your wallet, collect your address and send your coins there.
3. Connect your wallet to the Pancakeswap DEX
Go to Pancakeswap and connect your wallet to it.
4. You can now exchange your BNB for GMT.
Now that you are connected, you can exchange hundreds of coins, including GMT.
What is GMT?
STEPN is a web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT sneakers can walk, jog, or run outdoors to earn GST, which can be used to level up and mint new sneakers.
Players can lease or sell their NFT sneakers on the in-app marketplace. Users' GST earnings are stored in the in-app wallet, which has a built-in swap feature.
STEPN was developed by Find Satoshi Lab, an Australia-based fintech studio. The team won the Solana Ignition Hackathon Gaming Track 2021 and is part of the DeFi Alliance gaming cohort.
Should I buy GMT today?
GMT can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do some market research before making a commitment. Take all investment advice with a grain of salt.
GMT price forecast
Up to Brain cites some experts making moderately bullish forecasts. They predict that 1 GMT will be worth $3.88 by the end of next year and $4.34 by the end of 2024.
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