GMT, the governance token of the fitness‑focused Web3 app STEPN, has seen volatile trading and a notable pullback from past highs, reflecting mixed sentiment in the broader crypto market and shifting activity within the move‑to‑earn ecosystem. Recent updates include a planned GMT token airdrop for early NFT holders, which briefly pressured price by roughly 7% in a single session but underscores ongoing efforts to reward community participation.
Market forecasts for GMT vary widely, with some models suggesting potential future upside while others highlight continued downside risk.
Price action remains tied to STEPN’s user engagement, token utility, and broader crypto trends, making short‑term movements sensitive to sentiment swings. Though the token was once a high‑profile altcoin in the move‑to‑earn wave, current trading reflects consolidation and cautious positioning by traders.
@GMT DAO $GMT #GMTDAO #gmt