This is no financial advice. I do not know exactly the reason, but GMT right from the launch date has been on a bullish row. Barely three weeks ago, I made a post with the price of GMT at $0.13, as at the time of this post, GMT has made an increase up to $2.12. With this, GMT seems to be capturing a lot of attention.
Personally, I lost out on the best shows. I made my first post about GMT when its price is still $0.13 dollar. Unfortunately, I didn't have the resource to purchase it then which made me buy it at a higher rate, but all hope is not lost as GMT is still headed to the moon. My previous post talked about GMT product brand and with such an interesting brand, not investing in GMT might lead to later regret. Remember, I'm just saying, not giving any sort of advice but when you check out the current price below, I believe you might reconsider your stand
According to Coincides, Green Metaverse Token has had a 24-hour trading volume of $3.07B, market cap of $1.29B, and market dominance of 0.06% with a 101.09% price increase over the past 24-hour. GMT reached its all-time high on March 30, 2022, when it traded at the price of $2.23, with its price prediction sentiment still bullish.
What is GMT and why is it rising?
GMT is a health and fitness application that allows you to earn money. It enables users with sneaker NFTs to go outside and earn tokens and NFT prizes. GMT is STEPN's governance token, and it has a limited supply of 6 billion tokens, which is a good number for the business. In addition to GMT one can also earn GST token. The GMT cryptocurrency could be burned in the STEPN app to gain access to the lifestyle app's functions, such as minting sneakers and voting on governance. Since GMT introduction on March 9, the token has risen steadily, reaching an all-time high of US$ 2.14 per token on March 30.
A possible reason for the increase in price of GMT could be its supposedly reported partnership with BNB. STEPN, on Monday, dropped this hint of collaborating with Binance which has possibly opened the doors for GMT
Why You Should Buy GMT
According to InvestorsObserver STEPN (GMT) is a low-risk rank.This means that a big move in STEPN is met with a lot of dollars flowing into, or out of, the cryptocurrency. Low-risk cryptocurrencies are very unlikely to have their prices manipulated. A big move in a low-risk cryptocurrency means lots of dollars are moving into, or out of, that crypto.
Who this affects: A high risk-reward score indicates that the cryptocurrency's price can fluctuate a lot with a small amount of money at stake. This indicates that the price could be manipulated by unscrupulous actors, or that the price will be extremely volatile.
Like I said earlier, this is no financial advice but a wake-up call for anyone who is yet to have a second thought on GMT. it's blowing hot and this is the perfect opportunity, if not late already.