Technical Analysis: STEPN (GMT) Price Prediction

STEPN (GMT) requires users to equip with NFT sneakers that earn crypto while you walk, jog, or run. The crypto earned can be used to upgrade your sneakers or mint some new ones. Users also have the option of renting out sneakers from other users if they don't own a pair.

STEPN was created by an Australian-based fintech studio that won the Solana hackathon "Gaming Track" in 2021. The STEPN team is also a part of the DeFi Alliance Gaming cohort.

It is the first project to effectively bring to life a move-to-earn concept. With this idealogy, STEPN aims to nudge millions of users towards a healthier lifestyle using the web3 technology.

In this technical analysis, we will use multiple technical indicators to analyze GMT’s price in several time frames.