Proper now, one of many extra attention-grabbing crypto tasks in the marketplace is STEPN (GMT-USD). In the present day, GMT crypto has surged greater than 20% greater, bringing its good points since early March to round 2,500%. Accordingly, traders have gotten more and more involved in the place professional STEPN value predictions lie.
This yr, the crypto world has principally been in a bear market. Bearish sentiment is in all places, with few tokens hovering. Nonetheless, as a preferred move-to-earn cryptocurrency, STEPN remains to be managing to realize consideration from traders. This crypto undertaking permits traders to earn crypto by working, strolling and exercising. With individuals having been compelled to remain residence by the pandemic, is appears that the GMT token is trying to do some social good.
The STEPN crypto undertaking is actually interesting to some due to its altruistic targets. Others are specializing in today’s listing on Coinbase (NASDAQ:COIN), nevertheless. Ought to the “Coinbase effect” maintain true, GMT traders can count on some respectable near-term returns. Now, a lot of this bullish outlook is being priced in. That’s particularly spectacular, contemplating how far the token has already come.
So, with these catalysts in thoughts, let’s check out the place the consultants assume STEPN could possibly be headed from right here.
STEPN Value Predictions
For context, the GMT crypto trades at round $3.81 per token, on the time of writing.
- WalletInvestor offers a bullish one-year price target of $29.97 for GMT.
- In the meantime, Gov Capital forecasts that GMT could possibly be value $27.38 in a single yr and $123.25 in 5 years.
- Lastly, DigitalCoinPrice suggests STEPN could possibly be value a median value of $5.54 by 2023 and $9.66 by 2027.
On the date of publication, Chris MacDonald didn’t maintain (both instantly or not directly) any positions within the securities talked about on this article. The opinions expressed on this article are these of the author, topic to the InvestorPlace.com Publishing Guidelines.