NFT

Stepn governance token GMT surged by 100% in a single day; Interviewee: News of collaboration with major brands to be announced

share
Stepn governance token GMT surged by 100% in a single day; Interviewee: News of collaboration with major brands to be announced

Stepn, the governance token of the "Earn While You Move" blockchain game, GMT, saw a daily increase of 100%:

Table of Contents

Stepn, the governance token GMT, surged 100% in a single day while in play:

On the evening of the 29th, during an interview with its investment institution Solar Eco Fund, the question was raised, "Large sports brands like Nike and Adidas are famous for creating markets for walking and running. Do you consider them a future competitive threat?" The official response from Stepn was that there will soon be related announcements. Solar Eco Fund's interpretation was that news of collaborations with major brands will soon emerge.

In addition, due to Stepn's recent announcement of joining the BNB Chain, there was also an incident involving the asset drain of the sidechain Ronin of the blockchain game Axie Infinity. Stepn stated that, in light of the Ronin incident, Stepn will not introduce any cross-chain bridges between these two ecosystems.