Cryptoknowmics
2022-05-06 20:30:02

STEPN (GMT) Might Surge in Weeks Ahead

STEPN (GMT) in recent months has been one of the favorite tokens in the Cryptocurrency market. At the time of writing, GMT has a return on investment of 32425% since its launch. In April, STEPN increased by over 30%. However, some of the reasons why GMT might surge to higher psychological resistances in the weeks ahead are: A recent listing in top exchanges Expected launch of its sneaker renting platform Hype within the move to earn tokens Addition of its sneaker NFT on OpenSea Possible formation of double bottom Partnerships with top brands A recent listing in top exchanges A few weeks ago, STEPN (GMT) was listed in Coinbase and Gemini. These two exchanges are among the biggest cryptocurrencies exchanges in the United States and the world. With the high volume of trades associated with them, more users of the exchanges can now trade on the token without any need to transfer their assets to other exchanges to purchase them. This has increased its adoption. Expected launch of its sneaker renting NFT The team associated with STEPN is very active in the development of means of increasing its use and adoption. One of such is the expected launch of its renting sneakers. This will allow investors to purchase more of the sneakers and rent it out to other users who cannot afford them. The earnings will be shared between the borrower and the lender. With this, there will be high demand for these sneakers which can as well be sold in th...

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