Will the STEPN GMT sneaker return "back in fashion" ?
Updated
Given the fact that the STEPN GMT project is very closely related to SOLANA, it is difficult to expect a rapid growth of the GMTUSDT price, as it was during the launch of the project...
SOLUSDT price has broken through the liquidity zone and is heading further down
Also, re-read the idea of how much SOLANA is related to the bankrupt FTX and how much more SOL can be thrown on the market for sale during the bankruptcy and liquidation process of FTX and Alameda Research.
Therefore, to buy GMT now you need to be a real adventurer (even considering that the GMTUSDT price is near the liquidity level of $0.23-0.25). Or if you have "inside info" that the STEPN project will move, for example, to a new blockchain or something like that.
Please share in the comments what you think can save the STEPN project and with it the GMT token price.
To summarizing:
- Below $0.23, there are no strong obstacles to depreciating another two times GMT price, so to speak, to return to the start of the pump in the region of $0.10-0.12.
- In case of "some miracle", with which the STEPN project will "come to life", the first target for growth is $0.58. And the super positive target for the growth of the GMTUSDT price is $1.12, and it is very hard to believe in this in the context of the next few months. Just look at the chart, how GMT was sold at this level before and the price did not go higher.
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SOLUSDT price has broken through the liquidity zone and is heading further down
Also, re-read the idea of how much SOLANA is related to the bankrupt FTX and how much more SOL can be thrown on the market for sale during the bankruptcy and liquidation process of FTX and Alameda Research.
Therefore, to buy GMT now you need to be a real adventurer (even considering that the GMTUSDT price is near the liquidity level of $0.23-0.25). Or if you have "inside info" that the STEPN project will move, for example, to a new blockchain or something like that.
Please share in the comments what you think can save the STEPN project and with it the GMT token price.
To summarizing:
- Below $0.23, there are no strong obstacles to depreciating another two times GMT price, so to speak, to return to the start of the pump in the region of $0.10-0.12.
- In case of "some miracle", with which the STEPN project will "come to life", the first target for growth is $0.58. And the super positive target for the growth of the GMTUSDT price is $1.12, and it is very hard to believe in this in the context of the next few months. Just look at the chart, how GMT was sold at this level before and the price did not go higher.
_____________________
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