What is GMT coin? Price, StepN integration and outlook for 2025

As of mid-June 2025, GMT token—the native token of the Stepn ecosystem—currently trades at approximately $0.0457, significantly down from its peak in 2022. Despite a slowdown in the move-to-earn (M2E) trend, GMT continues to play a crucial role in blockchain-based fitness incentives. In this article, we explore the uses of GMT, its current market performance, and whether it still holds long-term investment value in 2025.

What is GMT Coin and How Does it Work in Stepn?

GMT token serves as the governance and premium utility token within Stepn, a Web3 lifestyle application that rewards users for outdoor walking, jogging, or running. To participate, users must own NFT sneakers, and GMT plays a crucial role in unlocking premium features, unlike GST, which is the basic in-app reward token.

When users upgrade their sneakers, enhance their reward earning potential, or participate in governance voting, GMT will be burned. This dual-token economy helps maintain sustainable incentives while encouraging long-term platform participation.

2025 GMT Coin Price: Market Conditions and Driving Factors

As of June 2025, the trading price of GMT is approximately $0.0457, with a 24-hour trading volume between $18 million and $22 million, showing moderate liquidity despite the bear market. This marks a sharp correction from the historical high of over $4 in 2022, following the early hype of Stepn and M2E projects.

However, due to the following reasons, GMT has shown price stability in recent months:

• Continuous engagement of the loyal Stepn user community.
• Regular token burn to reduce circulating supply.
• The new interest in Solana-based applications indirectly benefits GMT.
• Low valuations attract speculative accumulation from GameFi investors.

Use Cases of GMT Token in the Stepn Ecosystem

GMT is deeply integrated into the token economy and game loop of the Stepn platform. Its functions include:

• Burn GMT to upgrade NFT sneakers and enhance performance statistics.
• Unlock higher earnings thresholds in daily activities.
• Participate in governance proposals to enable users to influence the development of Stepn.
• Stake GMT to earn yield rewards or exclusive NFT airdrops.

This real-world use ensures that GMT is not just a speculative asset - it provides core functions for thousands of active users.

Is GMT still relevant in 2025?

Although GMT is no longer as prominent as it was in 2022, it is still an asset worth paying attention to in the Web3 fitness space. Several factors support its continued relevance:

• Stepn maintains an active user base in Asia and Latin America.
• The price of GMT is relatively low, and if the M2E sector rebounds, there is significant potential for an increase.
• Brand partnerships and product updates may reignite the adoption and utility of tokens.

The survival of the token during the bear market cycle and its continued integration with core functionalities indicate that it has not completely disappeared - it's just maturing.

Risks to Consider When Investing in GMT Coin

Investing in GMT carries risks, just like any other altcoin.

• Depend on Stepn: If the application loses users or stops development, the utility and demand for GMT may collapse.
• High volatility: Even slight changes in sentiment can cause the price of GMT to fluctuate by double digits.
• GameFi Competition: Emerging fitness platforms that integrate AI, SocialFi, or updated token economic models may attract users away from Stepn.

For any investor incorporating GMT into their portfolio, careful analysis and position sizing are crucial.

Trading GMT on Gate: Tools and Opportunities

Gate provides a highly liquid GMT/USDT market, equipped with advanced charting tools and real-time data. Traders can place limit orders, set stop-losses, and effectively manage the risk of GMT using indicators.

In addition to spot trading, Gate also offers staking opportunities, allowing users to earn passive income on idle GMT. New users can also enjoy special rewards through GameFi-related promotions and early access to popular tokens.

With its user-friendly interface and secure environment, Gate is an ideal platform for both beginners and experienced GMT traders.

Conclusion

Although GMT may no longer be the star of Web3, its integration within the Stepn ecosystem and the commitment to token utility provide a path forward. For long-term investors, this price range may represent a strategic accumulation point—especially if Stepn expands into new markets or launches upgraded features. You can trade or track GMT directly on Gate—a leading platform that offers real-time pricing, GameFi tools, and community support for token-based fitness applications. Whether you wish to stake, trade, or explore GMT as a digital fitness incentive, Gate provides the infrastructure to support your crypto journey.

Author: Blog Team *The content here does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit the use of all or part of its services from restricted regions. For more information, please read the user agreement.