
Solana-Based STEPN (GMT) Dumped 37% In Minutes, Here’s Why
Move-to-earn app STEPN's native token, GMT, slumped sharply on Friday after it abruptly announced a withdrawal from China. GMT fell 37% in minutes after the announcement, and is...
Move-to-earn app STEPN's native token, GMT, slumped sharply on Friday after it abruptly announced a withdrawal from China. GMT fell 37% in minutes after the announcement, and is...
Popular crypto trader @AlgodTrading (Algod), who famously predicted Terra's fall from grace, said they now expect STEPN (GMT) to follow suit. Algod was a vocal critic of Terra, and had repeatedly called out the UST/LUNA mechanism for being unsustainable. They had also placed a bet with Terra founder Do Kwon on LUNA prices staying over...
STEPN, a move-to-earn project based on Solana, saw its governance token GMT spike over 35% in April, broadly outpacing the crypto market. While the token has consolidated from record highs hit during April, it appears to have begun May on a high note. GMT is up 1.1% in the past 24 hours at $3.53. GMT's...
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Solana-based move-to-earn token STEPN (GMT) is now the 45th largest cryptocurrency by market value, following a recent price surge. The token's latest rally is spurred by the addition of the project to several popular marketplaces. GMT, the governance token of the project, rallied nearly 20% in the past 24 hours to a record high of...
Japanese blockchain gaming company double jump.tokyo said on Wednesday it raised 3 billion yen ($24 million) in its latest funding round. Notable stakeholders in the firm include Singapore crypto unicorn Amber, USDC issuer Circle and blockchain operator Polygon. Double jump will use the new capital to expand its operations and pursue more partnerships with established...
GMT, the governance token of the Solana-based play-to-earn project STEPN, tripled in value this week on speculation over a partnership with a major sports brand. The project also generated a large profit in the first quarter of 2022, which...
Axie Infinity (AXS), the second-largest crypto game token by market capital, surged 22% to over $72 after developer Sky Mavis outlined plans to improve community governance in the eponymous...
Krafton, developer of the popular videogame PUBG, said it had signed a deal with Solana Labs to jointly develop blockchain and NFT-based games and services. The developer said it intended to leverage its game building capabilities in the web3...
Yuga Labs, the creator of the massively popular Bored Ape Yacht Club (BAYC) NFT collection, said it had launched a new token, ApeCoin (APE), for use on the BAYC ecosystem. Yuga will also airdrop 15% of total APE supply to BAYC holders later today. The firm said it had set up a foundation to oversee...
Yuga Labs, the creator of the massively popular Bored Ape Yacht Club (BAYC) NFT collection, said it had launched a new token, ApeCoin (APE), for use on the BAYC ecosystem. Yuga will also airdrop 15% of total APE supply to BAYC holders later today. The firm said it had set up a foundation to oversee...
No doubt, 2021 saw an impressive adoption of nonfungible tokens (NFT) and play-to-earn (P2E) games, but an even bigger adoption may well be underway as one of the world leaders in gaming — Square Enix,...