Cryptocurrency Rises, While Adults Stumble By


© Reuters – While the cryptocurrency appears to have lost its bullish momentum after recent strong gains in the crypto market, thanks to jumps in the cryptocurrency market.

Altcoins are looking brighter and more specifically the cheap ones, as one of the most promising coins that was only a few days old exploded during these moments of trading on Wednesday.

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The GMT currency has now exploded to record rocketing heights of more than 80%, reaching its highest level ever at 2.29 levels.

Since the start of trading on the promising, which was launched for trading on the 9th of this March, and until this moment, STEPN GMT rose within the range of 2200% from the lowest price recorded on the 11th of March.

The ranking of the GMT coin in terms of market value jumped to the 80th place among digital currencies, as its market value increased to more than one billion dollars, compared to a value that did not exceed 77 million dollars when trading began.

What is stiben?

STEPN is a Web3 based app STEPN was created by Find Satoshi Lab, an Australian based financial technology studio.

STEPN GMT is a metaverse cryptocurrency belonging to the STEPN network with a coin offering of 6 billion tokens.

The team won the 2021 Solana Ignition Hackathon and is part of the DeFi Alliance Gaming group, according to coin data on CoinMarketCap.

The best exchanges to trade in STEPN coin are currently Binance, Hotcoin Global, FTX, BingX, and DigiFinex.

Greed exists

In contrast to the gains of Stebin GMT, the major cryptocurrencies, led by Bitcoin, appear to weaken, but they are still holding near their highest levels since the beginning of the year.

Despite the current decline, the cryptocurrency market is still living in a state of greed, according to the Crypto Fear & Greed Index, which is now recording 55 points compared to 60 points on March 28.

The crypto market capitalization has now fallen to the range of $20 billion, while it is still near its highest level during 2022, with a market value of $2.131 trillion.

market now

Bitcoin is now declining around 1.7% at levels of 47.06 thousand dollars, but it is still rising around 11% within a week, while it turned down again since the beginning of the year by 1.3%.

While Ethereum is declining within 2% at levels of $3.36 thousand, while it rises 12% within a week, and Binance fell less than 1%, while it rises 7% within a week.

Ripple has decreased by 2%, while rising by about 3% within a week, while Cardano is declining 3% now, but it is rising by more than 10% within a week.

On the other hand, Solana still maintains its rise today in the range of 6%, as it is trading the highest levels of 120 dollars, while it rises by more than 26% within a week.

In contrast, Terra Luna, Avalanche, Polka Dot, Doge Queen and Shiba Inu fell by 1% to 3%.

The article does not express a recommendation or nomination, but rather a mere monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, knowing that it is not completely subject to financial authorities and markets.

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