Move-To-Earn Craze Continues
STEPN’s GMT token is on the rise.
The game’s popularity has grown in recent weeks, reaching 300,000 daily active users, according to a post on the official STEPN Twitter. STEPN’s flagship Green Metaverse Token, which is required to upgrade the in-game sneaker NFTs, has also seen significant gains, rising 384% in the last month.
However, the recent surge in the GMT token appears to be fueled by the release of the STEPN x ASICS sneaker NFTs. GMT has gained another 26% in the last 24 hours, briefly pushing its market cap above $2 billion.
Source: Coin Gecko
Subscribers to the STEPN x ASICS NFT sneaker sale on the Binance NFT marketplace will be chosen to purchase the first STEPN sneakers for use on the BNB Chain version. The mystery shoeboxes will contain ASICS Walker, Jogger, Runner, and Trainer sneakers in both common and unique styles. 2010 shoeboxes are currently on the market, with each one costing 0.5 BNB, or about $208. The cheapest examples of the new ASICS sneakers are now selling for a minimum of $1,889.
STEPN praises itself as a “Web3 lifestyle app,” allowing users to earn tokens by walking, jogging, or running outside. The game first appeared on Solana and will soon be available on several other networks, and BNB Chain is the most recent. To begin playing the game and earning money, users must first purchase a pair of sneaker NFTs from the in-game marketplace. The current NFT floor price is around 11.5 SOL, or $1,218.