STEPN Price Prediction 2023 – When will GMT hit $4?
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#stepnpriceprediction #gmt #crypto

STEP’s native token GMT showed massive selling pressure in recent months, where the 77% loss is seen from the $4.20 all-time high in late April. However, a decent bullish correction is seen from the 13 June low of $0.53.

The broader crypto market is facing pressure from the rising interest rate and inflation fear. As a result, investors' sentiment has shifted to stablecoins due to the fear of further loss in value. As a result, according to the coinmarketcap listing, stablecoins took the leading position after Bitcoin and Ethereum.

When major technical indicators show an indecisive momentum, the on-chain activity of the GMT also shows a pessimistic view. The active investors in the BNB chain plummeted by almost 96% in the last two months. Moreover, no new BNB members have been seen to join the network in recent days.

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