(Twitter) The native tokens of lifestyle app STEPN soared on reports that they would be available to trade on the U.S.-based crypto exchange Coinbase.
The price of STEPN’s governance token Green Metaverse Token (GMT), has risen almost 20% to hit over $4 in the last 24 hours, reaching a high of $4.50, its record-high.
The other STEPN token, referred to as the Green Satoshi Token(GST), where players earn after walking, jogging and running outdoors with STEPN’s NFT Sneakers, rose 6.5% to nearly $6.25, setting a new record of $7.20.
The intraday surges in GMT AND GST tokens are part of the wider uptrend that began in early March 2022. The growing traction around the move-to-earn industry is bolstering the value of these tokens.
STEPN’s economic model is highly likely to attract speculators that observe a lower supply-higher demand structure as bullish.
GMTUSD up +4.18%, GSTUSD up +0.06%
