STEPN Price Prediction as GMT Pumps 20% in One Day, Bulls Target Break Above This Key Level

GMT, the crypto token that powers the STEPN web3 fitness ecosystem and app, last traded close to 20% higher on Monday, although there was no clear fundamental catalyst to explain its rise. Amid the broad rally in cryptocurrencies since the start of the year, a boom of unpredictable altcoins like GMT has become more common – a sign that risk appetite is returning to the market.

GMT/USD last changed hands just under $0.60 per token, having gone as high as $0.66 early in the session. The crypto token was able to briefly break north of its 200-Day Moving Average (at $0.0595), but has since fallen back to trade pretty much in line with it.

Where Next For GMT?

GMT’s pullback from previous highs was likely sparked by profit-taking by short-term bullish speculators ahead of a test of November’s high of $0.68. If the broader crypto rally continues this week, which is possible if the upcoming US PMI and inflation data triggers a pull back on Fed tightening expectations for late 2023 and 2024, GMT may be able to break above this level of resistance. That would open the door for a move higher towards the $0.80 balances area and potentially a test of the summer 2022 high around $1.15.

Altcoins to Consider

The cryptocurrency market has been performing well since the start of 2023, but the long term bear market remains active. Investors may still wish to consider diversifying their holdings with a discounted token presale of some promising and upcoming crypto projects. Here is a list of some of the analysts that InsideBitcoins thinks has the potential to perform well.

FightOut (FGHT) – Presale Now

The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have had significant limitations that have, so far, prevented them from conquering the mainstream. FightOut, which touts itself as the future of moves-to-earn, wants to change that in 2023. FightOut is a new web3 fitness app and gym chain that rewards its users for working out, completing challenges, and competing in firsts. -the fitness metaverse of its kind.

While existing M2E apps like STEPN only track steps and require the purchase of an expensive non-fungible token (NFT) to opt in, FightOut takes a more holistic approach to tracking and rewarding its users for their workouts and activities, and does not require any expensive purchase to go along with it. FightOut seeks to combine the physical and web3 worlds.

The project aims to acquire gyms in all major cities of the world, while promoting an integrated web3 fitness experience. At the core of FightOut’s digital ecosystem is its smartphone app, which, according to the FightOut whitepaper, is slated to launch in Q2 2023.

The FightOut app will leverage smartphones and wearable technology to measure and track physical performance. The app will have its own internal tokenization economy, where users can earn rewards for completing M2E tasks, and can create their own soul-bound token avatars, where users will be able to interact with the FightOut metaverse.

FGHT is the token that supports the FightOut metaverse ecosystem. Users will pay to enter competitions and leagues with FGHT, and winnings will be paid out in FGHT.

FGHT can also be used in peer-to-peer fitness betting. FGHT FightOut tokens are currently selling for 60.06 per 1 USDT, and interested investors are encouraged to move quickly to secure their tokens, with the pre-sale having raised nearly $3.3 million in just a few weeks. FGHT is the token that will power the FightOut crypto ecosystem.

Visit FightOut Now

Calvaria (RIA) – Pre-sale Nearly End

RIA, the token that will power the afterlife fantasy-themed NFT battle card game Calvaria, is also in pre-sale. The crypto play-to-earn (P2E) gaming start-up has raised nearly $3.0 million in just a few months since its pre-sale launch. Only about 7% of its tokens are left up for grabs.

Calvaria seeks to bring crypto gaming to the mainstream by tapping into its existing large market – the market for physical battle card games (think past viral sensations like Pokemon and Yu-Gi-Oh). And with the crypto gaming space expected to grow from $4.6 billion in 2022 to $65.7 billion in 2027, according to an analysis by Markets and Markets, there is plenty of room for massive growth. Calvaria will launch its main fantasy-themed card game “Duels of Eternity” in Q2 2023.

Visit Calvaria here

C+Charge (CCHG) – Presale Now

The carbon credit industry is projected to be worth $2.4 trillion by 2027. Democratizing access to these benefits will generate massive business in the coming years and this is something crypto start-up C+Charge is looking to achieve. C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will enable electric vehicle (EV) drivers to earn carbon credits.

C+Charge aims to enhance the role of carbon credits as a key incentive for electric vehicle adoption. Today, major EV manufacturers like Tesla make millions selling carbon credits to polluters. C+Charge wants to democratize the carbon credit market by leaving more of this credit in the hands of EV owners, not just big businesses.

C+Charge recently started a pre-sale of CCHG tokens which its platform will use to pay at EV charging stations. The tokens are currently selling for $0.013 each, though at the end of the presale this will increase by 80%. Investors interested in getting an early start on a promising eco-friendly cryptocurrency project should move quickly, with the project having raised over $370,000 in just a few weeks since its presale launch.

Investors should note that the remaining tokens can be retrieved quickly. The crypto whale recently raked in over $99 worth of CCHG in a single transaction, as can be verified here on BscScan.

Visit C+Cost here

FightOut (FGHT) – The Latest Step to Generate Projects

• CertiK audited & CoinSniper KYC Verified
• Early Stage Presale Live Now
• Earn Free Crypto & Meet Fitness Goals
• LBank Labs Project
• Partnered with Transak, Block Media
• Staking Prizes & Bonuses