Current Price (as of December 27, 2024):
The Green Metaverse Token (GMT), the governance token of the STEPN ecosystem, is trading at approximately $0.2031, showing a modest rise of 0.53% compared to the previous day.
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Market Cap and Trading Volume:
Market Cap: Around $353.48 million
24-hour Trading Volume: Approximately $52.67 million
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Recent Price Fluctuations:
In the last 24 hours, GMT's price ranged between $0.1333 (low) and $0.1410 (high), showcasing significant price swings and market volatility.
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Supply Dynamics:
The circulating supply of GMT is approximately 2.62 billion tokens, influencing its market behavior and overall valuation.
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All-Time High:
GMT achieved its highest price of $4.114427, underscoring its potential for major price surges under favorable market conditions.
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About STEPN and GMT
What is STEPN?
STEPN is a move-to-earn (M2E) Web3 platform launched on the Solana blockchain in December 2021. It encourages users to stay active by rewarding them for physical activities. The platform blends augmented reality (AR) and play-to-earn (P2E) gaming models to create an engaging ecosystem.
Role of GMT:
GMT serves as the governance token for the STEPN platform, enabling:
Digital transactions within the ecosystem
Upgrades to features and tools
Voting on platform decisions and updates
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Key Takeaway
GMT's recent performance reflects the highly dynamic and unpredictable nature of the crypto market. Investors should remain vigilant and well-informed, especially given the inherent volatility of digital assets.