STEPN Kickstarts Gamers' Interest As GMT Capitalizes On Bullish Retracement

And the game is on for STEPN as the GMT token plays in sync with other cryptocurrencies amplified for the bull run.  In the past couple of weeks, STEPN has been making upgrades on its network to rekindle the waning interest of gamers.

Timeline of Green-metaverse-token

As several cryptocurrency projects recover after the prolonged crypto winter, STEPN's GMT token has also taken advantage of the ongoing bullish retracement.  In the last few weeks, the play-to-earn project has ramped up on its ecosystem updates to re-ignite dwindling interests in the gaming project.

The past week or so has been a delight for crypto enthusiasts with market trends seeing reversals. Some protocols are beginning to resurge after being blanked out by the crypto winter.

The Solana-based STEPN app generated $122 million in profits for the second quarter of the year and it is eyeing fresh prospects for partnerships and sponsorships with various sports and entertainment events so let's have a closer look at today's latest blockchain news. Solana-based STEPN amassed $122.

In the last two quarters, STEPN, the popular move-to-earn project, has had to deal with regulatory sanctions, DDOS attacks, a downturn in the general cryptocurrency market, and a general decline in interest in play-to-earn games.

STEPN's upcoming closure of services to China mainland users is nearing. Owing to the regulatory policies by the Chinese government, STEPN had in May this year said it would stop providing GPS to Chinese user accounts.

STEPN (GMT) has broken out from a short- and a long-term resistance line and is gradually moving towards its range high. The post STEPN (GMT) Reclaims 54-Day Support Area After Deviation appeared first on BeInCrypto.

Amidst regulatory sanctions, DDOS attacks, and the general market downturn that has impacted the activities of the leading play-to-earn gaming platform, STEPN launched its decentralized exchange (DEX) on 11 June. By a whitepaper published by the team, the DEX was referred to as DOOAR.

STEPN (GMT), an innovative GameFi platform on the Solana blockchain, provides users with unique opportunities of participating in play-to-earn game and other innovative fitness solutions consistent with users' lifestyle choices.

Stepn (GST) is competing in the fitness industry using cryptocurrencies and the blockchain. Stepn is a smartphone software built on Solana and produced by app developer FindSatoshi Lab that allows users to earn money by jogging, running, or walking.

The cryptocurrency market is a rapidly changing environment that sees the advent of both promising projects with real-life applications and services that capitalise on the wave of instant and short-lived hype. Among such projects that attract immense interest for speculative purposes or based on forced popularity are many NFT applications. Despite having some speculative underpinnings,