As of mid-June 2025, GMT coin—the native token of the Stepn ecosystem—is trading at approximately $0.0457, marking a significant decline from its peak in 2022. Despite a slowdown in the move-to-earn (M2E) trend, GMT continues to play a vital role in blockchain-based fitness incentives. In this article, we explore what GMT coin is used for, its current market performance, and whether it still holds long-term investment value in 2025.
GMT coin serves as the governance and premium utility token within Stepn, a Web3 lifestyle app that rewards users for walking, jogging, or running outdoors. To participate, users must own NFT sneakers, and GMT plays a crucial role in unlocking advanced features, unlike GST, which is the basic in-app reward token.
GMT is burned when users upgrade sneakers, enhance reward-earning potential, or participate in governance voting. This dual-token economy helps maintain sustainable incentives while encouraging long-term platform engagement.
As of June 2025, GMT is trading at approximately $0.0457, with 24-hour trading volumes ranging between $18–22 million, indicating moderate liquidity despite the bear market. This marks a dramatic correction from its all-time high of over $4 in 2022, following the early hype of Stepn and M2E projects.
However, GMT has shown price stability in recent months due to:
GMT coin is deeply integrated into the Stepn platform’s tokenomics and gameplay loop. Its utility includes:
This real-world use ensures GMT is more than just a speculative asset—it powers core functionality for thousands of active users.
Though GMT no longer commands the spotlight like it did in 2022, it remains a noteworthy asset in Web3 fitness. Several factors support its ongoing relevance:
The token’s survival through bear cycles and continued integration with core features show that it hasn’t faded entirely—just matured.
As with any altcoin, investing in GMT comes with risks:
Careful analysis and position sizing are crucial for any investors eyeing GMT in their portfolios.
Gate offers a high-liquidity market for GMT/USDT, with advanced charting tools and real-time data. Traders can place limit orders, set stop-losses, and utilize indicators to manage GMT exposure effectively.
Beyond spot trading, Gate provides staking opportunities, allowing users to earn passive income on idle GMT. New users can also take advantage of special rewards through GameFi-related promotions and early access to trending tokens.
With a user-friendly interface and secure environment, Gate is an ideal platform for both beginners and seasoned GMT traders.
While GMT coin may no longer be the star of the Web3 spotlight, its integration in the Stepn ecosystem and commitment to token utility offer it a path forward. For long-term investors, this price range could represent a strategic accumulation point—especially if Stepn expands into new markets or unveils upgraded features. You can trade or track GMT coin directly on Gate—one of the leading platforms offering real-time pricing, GameFi tools, and community support for token-based fitness apps. Whether you’re looking to stake, trade, or explore GMT as a digital fitness incentive, Gate provides the infrastructure to support your crypto journey.