Cryptocurrency News

STEPN’s Popularity Pulls GST Into the Top 10 Trending List

2022.04.25 13:21

STEPN’s Popularity Pulls GST Into the Top 10 Trending List
STEPN’s Popularity Pulls GST Into the Top 10 Trending List

  • Green Satoshi Token (GST) is 4th on CoinMarketCap’s list of trending crypto projects.
  • GST is 25.28% in the last week and is 52% up in the last month.
  • One of the major reasons for GST’s trending status is its involvement with STEPN.

Green Satoshi Token (GST) is 4th on CoinMarketCap’s list of trending crypto projects. The project has gained in popularity due to its involvement in STEPN.

The price of GST stands at $5.23, and is slightly down by approximately 0.09% in the last 24 hours. However, the weekly and monthly price movement tells a completely different story. When looking at the weekly chart, GST is up 25.28%. This price movement is sustained in the 30-day chart, as the price of GST is up over 52% in the last month.

GST’s market cap is only $18,807,525, and has a 24-hour trading volume of $68,846,350. Both of these numbers are relatively low when compared with the other projects in the market, as well as the average statistics seen in the overall crypto space.

One of the major reasons for GST’s trending status is its involvement with STEPN – the highest trending project in the space at the moment. STEP is a Web 3.0 lifestyle app with SocialFi and GameFi elements, and players can earn rewards for jogging, running, or even just walking outdoors.

Both GST and GMT are part of the STEPN ecosystem. GST tokens are needed to take part in certain in-game activities, while GMT is the governance token for the ecosystem.

As STEPN climbs up the crypto trending list, it seems to be taking GST with it as both GMT and GST find themselves on CoinMarketCap’s list. Will both of these tokens maintain their dominance on the trending list? Only time will tell.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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