STEPN project coin to be listed on the FTX exchange tomorrow

One of the largest crypto exchanges FTX has announced the listing of the GST coin, which will take place around 17:00 Kyiv time. It is planned to introduce two trading pairs: GST/USD and GST-PERP.

The token belongs to the STEPN game, which is a mobile application that allows you to receive GST and GMT tokens for walking and jogging.

Earlier, the management token and in-game currency of the Move2Earn game grew by 20% and updated all-time highs (ATH) after listing on the Coinbase exchange.

Listing on FTX can provide both new fuel for a pump (price increase) and a decrease in the coin’s rate — listing is not always the cause of a pump, and historically, listing on Coinbase is often the top time for a coin, followed by a protracted price stabilization.

It is also worth noting the overheating of the project, which is already estimated at almost 20 billion. Taking into account 20,624 daily active users, one user can be valued at almost a million dollars.