Tracking GMT into StepN

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    The first move-to-earn mobile nonfungible token (NFT) game powered by the Solana blockchain is called STEPN. With STEPN, users may earn tokens by walking, jogging or running outdoors with an NFT sneaker. STEPN aspires to motivate millions of people to adopt better lifestyles by bringing them into the Web3 era while also helping to achieve carbon neutrality.

    GMT's price soared 34,000% in just 41 days, from $0.01 on March 9, 2022, to a new high of $3.45 on April 19, 2022. Its meteoric rise was fueled by the buzz surrounding decentralized finance projects that reward users with tokens for remaining active.

    Users can sell/buy or lease/rent NFT sneakers, gems and badges on the marketplace and can earn game currency by jogging, walking or running outside, which can be cashed out for profit or utilized in-game. The marketplace has a simple filter and sort tool for quick navigation.

    Green Metaverse Token A governance token, GMT, can be used to change sneakers' names or level up to a high spot. Also, premium game content or high-level activities and profits can be distributed through GMT tokens.

    It is important to note that only sneakers who have reached Level 30 are eligible to swap GMT with USDC. However, to begin earning GMT, you must have at least three Energy, also called the “rule of three requirements.”

    How to buy STEPN (GMT)?

    To buy STEPN, you need to check for exchanges that support its GMT token. For instance, Coinbase does not allow its users to purchase STEPN yet, whereas Binance offers such a provision. Please follow the steps below to buy STEPN with Binance exchange:

    You can download the Binance app or go to its website to create a free account (if you don't already have one).

    After identity verification, fund your account using a debit/credit card, bank deposit, peer-to-peer service or third-party payment channels like Simplex, GEO Pay, etc.

    Find a navigation bar and search STEPN (GMT) or trading pairs with STEPN (GMT), and enter the amount of GMT tokens you want to buy.

    Store your STEPN (GMT) using wallets of your choice.

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    In the above chart you can see number of active holders(The addresses signed at least one transaction and have their balance changed in the observed time period) of GMT. After the highest high on April 29th, number of active holders decreased and today this number is 1/4 of that day.

    GMT has total Supply of 5,879,407,691.9 and 183,639 unique total token holders.

    The top 10 holders collectively own 5,819,532,605.03 GMT tokens which is 98.98% of its supply.

    Now lets check how users got $GMT via DEXs:

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    In the above chart I showed the top 20 volume of swaps for $GMT. The most volume was swap wsol to GMT via Orca. The second rank belongs to swap USDC to GMT via Orca. The third rank belongs to swapping GST to GMT via Orca. Swapping USDC and wsol to GMT via Jupiter are in the 4th and 5th rank of volume.

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    Based on above chart, the most amount of GMT was swapped from wrapped sol, USDC and GST.

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    Based on above chart you can see that the man DEX for swapping GMT was Orca. Jupiter volume of swaps was less than 1/5 of volume of swaps via Orca.