StepN's Green Metaverse Token (GMT) experienced a significant surge in price, reaching its highest level since December 9. This rise coincided with a broader market rally in Bitcoin and other altcoins. The increase in GMT's user base and an expanded partnership with Adidas may have contributed to the surge. Additionally, the lack of liquidity during the Christmas holiday and South Korean traders' involvement likely influenced the price spike. However, the sustainability of these gains is uncertain, as there was no major news driving the rebound. If the price retracts, the token could test a strong pivot reverse level at $0.15.
- Content Editor ( crypto.news )
- 2024-12-27
StepN’s GMT price surges: Will these gains hold?