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STEPN continues to release positive news! Listed on Coinbase and OpenSea, GMT and GST both hit all-time highs.

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STEPN continues to release positive news! Listed on Coinbase and OpenSea, GMT and GST both hit all-time highs.

Since the launch of the "earn while you play" game STEPN, it has been growing steadily amidst skepticism and attention from the public. On the 28th, it released two more positive news, causing the prices of its tokens GMT and GST to soar, making STEPN users smile from ear to ear.

Coinbase Lists GMT and GST

As the most widely used cryptocurrency exchange in the United States, any news of new listings on Coinbase often leads to a short-term price surge. Coinbase announced early this morning that it will list GMT and GST, with GST being labeled as an experimental asset.

Once liquidity demands are met, GMT-USD, GST-USD, GMT-USDT, and GST-USDT will gradually go live after 12:00 AM on April 29th, Taiwan time.

Note: Experimental assets refer to newer tokens for Coinbase or tokens with relatively lower trading volumes compared to others.

STEPN Debuts on OpenSea

In addition to the listings on Coinbase, the most important in-game asset, NFT sneakers, also landed on the Solana test market at noon today.

With over 90,000 pairs of sneakers to choose from, the filtering options on OpenSea are more diverse than those built into STEPN. However, due to the complexity of the criteria, it may take some time to familiarize oneself. The floor price for sneakers on OpenSea was 20 SOL, approximately $2,000, at the time of writing, while the floor price on the in-game STEPN marketplace was 15.5 SOL, around $1,550.

GMT and GST Prices Reach New Highs

Following these announcements, the market quickly entered a FOMO sentiment, causing both tokens to reach all-time highs. The price of GMT surged to a high of $4.1, up approximately 20% in a single day, while GST reached a high of $7, up around 18% in a day.

GMT Price Chart:

GST Price Chart:

STEPN Data Overview

According to data from Dune Analytics, the daily user count for STEPN continues to rise, surpassing 20,000 as of yesterday, with over half of them being new users, indicating healthy user growth.

The total number of users has also exceeded 200,000, and it is clear that user numbers significantly increase on the eve of positive announcements.

However, despite the increase in total users, based on the average number of shoes held per person at 0.667 pairs and the cumulative total shoe count of approximately 156,000, a large portion of users do not hold any shoes.

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