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STEPN Native Tokens Climb to Record Highs After Coinbase Listing

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Global cryptocurrency exchange Coinbase will add support for native tokens of STEPN, driving both the Green Metaverse Token (GMT) and the Green Satoshi Token (GST) to record highs.

Source: Coinbase Assets Twitter account

GMT3 is up 17.82%, while GST2 is up 9.64%.

Coinbase took to Twitter to announce that it will add support for GMT, and GST, which will be listed with the Experimental label, which will focus on assets either new to the platform or have relatively low trading volume versus others in the marketplace.

The announcement drove the Green Metaverse Token up by almost 20% to over $4 in the last 24 hours. It has since reached as high as $4.50 to mark its best performance so far on record.

The Green Satoshi Token jumped by 6.5% to about $6.25 in the past 24 hours, also climbing as high as $7.20 or its new all-time high. The token, however, is showing signs of descent as it forms a descending triangle pattern.

STEPN players use GMT to mint, repair, and boost their NFT sneakers, which they can trade on the application’s marketplace. An increase in STEPN users could limit the downside prospects of the token.

 

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