GST takes the place of experience points and in-app money. Users that walk, jog, or run outside while wearing NFT Sneakers can receive GST. Players purchase GSTs to spend or burn in the STEPN app.
The STEPN team hopes to achieve a breakthrough by merging social and communal features into their product, allowing active lifestyle enthusiasts to profit from their enthusiasm for running. The Move-to-Earn (M2E) idea is the foundation of STEPN. GSTs are acquired by transferring and leasing NFT Sneakers, and they are spent as players progress through the social and gamification components. Players can rent or sell their NFT Sneakers on the in-app Marketplace. GST money is saved in the app’s Wallet, which also has a Swap option. GST is not the same as GMT, STEPN’s Governance Token having a total supply of 6 billion tokens. By walking, jogging, or running outside, users wearing NFT Sneakers can earn GST, which can be used to level up and mint new Sneakers. Let us review the GST price
GST Price Prediction
Bullish Scenario: GST is trading above the $3.33 support zone and is testing the bearish downtrend line. If it remains above this zone and the $4.34 resistance level breaks, we could see a move towards $4.72, $5.09, and higher.
Bearish Scenario: After reaching an all-time high of $9.45 last month, GST has been in a decline channel for the past several weeks. It is still under downward pressure, and a strong bullish bias isn’t out of the question. Failure to hold the $3.33 support level could result in a decline to $2.97 and lower.
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