StepN to $9.69? Chalking Out the Odds of a 324% GMT Rally
Can STEPN\'s GMT token actually achieve a massive 324% rally and hit $9.69? This article breaks down the possibility, examining recent trends, future earning potential, and key factors influencing GMT\'s price.
Decoding the Recent STEPN Bull Run
The recent surge in STEPN\'s price has caught the attention of many. The rally over the past few days has been a result of STEPN’s bull flag breakout. As illustrated in the chart below, the token rallied by 324.24% from 27 March to 1 April. Post that, it traded within a descending channel until 10 April, right after which it broke. But is this sustainable, and can we expect similar gains in the future?
GMT Earning: A Crucial Factor
The ability to earn GMT is a core component of the STEPN ecosystem and a significant driver of token demand. Understanding how GMT earning works is essential to projecting its future value.
Unlocking GMT Earnings within STEPN
The only way you can earn GMT within the STEPN game is to upgrade your sneaker all the way up to Level 30, at which point you can choose between earning GST or GMT. This creates a barrier to entry, potentially limiting the supply of earned GMT and supporting its price.
GMT Distribution Pools and Rates
GMT earning is enabled on 28th Sep 2025. Following are the GMT been distributed to each pool daily: Classic Pool: 40% Rainbow Pool: 60%. There is NO earning cap for GMT. This distribution model impacts the rate at which GMT enters circulation and influences its overall value.
Factors Affecting Your GMT Earning Rate
Your personal GMT earning rate isn\'t fixed. First, GMT rate affects by how many ppl in your region are earning GMT. Second, there is a random number that affects the GMT earning per period per person. So every run you have. This variability adds an element of chance to GMT earning.
STEPN\'s Tokenomics and Future Prospects
Beyond earning mechanics, STEPN\'s overall tokenomics play a crucial role in determining GMT\'s price potential.
GMT Max Supply and Burning Mechanisms
STEPN has set the max supply of the GMT token at six billion. The game will also implement various token-burning mechanisms to bring down the GMT circulating supply, creating potential scarcity and driving up value.
GMT Profit Calculator
Using a GMT (GMT) Profit Calculator is a simple calculation tool that you can bookmark and can help you no matter which cryptocurrency you want to calculate. Right now is important for assessing the profit potential of owning and earning GMT.
GMT Unlock Schedule
According to STEPN litepaper 2.5% of the coins are unlocked to be earned by January 2025. From August 2025 up to January 2025, 30 million coins are unlocked to be earned every, further defining when the circulation may change.
STEPN: A Web3 Lifestyle App
STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements. Users equipped with NFT Sneakers walk, jog or run outdoors to earn tokens and NFTs. The long-term success of STEPN, and its ability to attract and retain users, will ultimately impact the demand and value of GMT.
Conclusion: Is a 324% Rally Realistic?
While the recent 324% rally was impressive, predicting another similar jump to $9.69 is highly speculative. The future of GMT depends on a complex interplay of factors, including user adoption, burning mechanisms, the unlock schedule, and overall market conditions. Keeping a close eye on these developments will be crucial for anyone considering investing in GMT.
Disclaimer: This is not financial advice. Please do your own research before investing in any cryptocurrency.
See also: Related Article on STEPN