Gaming Tokens Surge With Decentraland And STEPN Rising By 35%

The gaming tokens surge along with the metaverse token as well as Decentraland surged by almost 35% so let's read more about it in today's latest altcoin news. Following the week's crypto market collapse, the gaming tokens surge and are seeing some bigger recoveries.

Timeline of Green-metaverse-token, Decentraland

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. In April, Bitcoin and most of the altcoin market as well were in decline, but GMT rallied from the $2.1 support, as high as $4.17 in late April.

Amid the recent market instability, the global market capitalization was on the verge to plunge below the crucial $1 trillion mark. However, the recent recovery of the star crypto Bitcoin beyond $30K helped the crypto asset to recover to a large extent. The DeFi's, NFT's, and other popular cryptos marked huge gains in a very …

Every now and then an altcoin comes along that goes up and up and shows no sign of slowing down, despite some pullbacks. In late 2021 that was Shiba Inu, now, in Q2 2022 is STEPN.

A closely followed crypto analyst is outlining what's ahead for Ethereum rival Solana (SOL) and move-to-earn protocol STEPN (GMT). In a strategy session, DonAlt warns holders of smart contract platform Solana that SOL looks bearish on the high timeframe charts after converting weekly support at $140 into resistance. According to DonAlt, the price action suggests The post Here's What's Next for Solana (SOL) and Red-Hot Altcoin STEPN (GMT), According to Crypto Strategist appeared first on The Daily Hodl.

The folks from the cryptosphere are now evaluating the price projections of the tokens catering to metaverse projects. Which had portrayed phenomenal trajectories in the recent past. Wherefore, altcoins such as MANA, SAND, AXS, and ZIL are under the radar of marketers.  Decentraland (MANA): MANA's supply on cryptocurrency exchanges continues to brush ATHs since the …

The most recent STEPN price analysis confirms a bullish trend for today as the coin broke past the resistance present at the $2.72 level. Some stronger corrections were recorded in the price level for the last two days, but today the trend changed, and bulls took over the market.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The play-to-earn game STEPN was an attempt to revolutionize the fitness applications market.

Looking at the charts for the top 100 cryptos today, you would have likely seen a lot of near vertical drops in price as Bitcoin tumbled down by 8.20% in the last day to trade at $36,339.18 at press time. Meanwhile, Ether [ETH] dropped by 6.93% to hit prices of $2,728.08.

STEPN (GMT) is a so-called ‘move-to-earn' crypto token that was launched back in the summer of 2021. However, the price of STEPN has recently picked up the pace and sprinted ahead, leaving competing cryptos in the dust.

The possibility of getting paid for an everyday physical activity like running is one of the good tidings that blockchain technology has provided us with. Considered the worst month so far this year in crypto history, STEPN, a move-to-earn project recorded a 35% spike in its price in April.