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GMT

GMT#779 by market cap

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

GMT is for games. We have not written its record yet, so its promises are not checked. It trades at $0.0074, #774 of all coins by size, 100% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. Biggest of 6 sports games. Nothing to be careful of on the record.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersSequoia Capital
4 yearson the marketsince 27 April 2022
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2 of 4

  • A real-world jobReal-world purpose: games
  • Real backingBacking: backed by Sequoia Capital; trades on Coinbase, Kraken, Binance
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

Backed by Sequoia Capital

  • Origin27 April 2022about about 4 yearsstepn.com, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingSequoia CapitalInvestor tags from CoinGeckoListed on Coinbase, Kraken, Binance, OKX
  • Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#1of 6 sports gamesthe typical one is worth $2.19M
$23.01Mworth todayprice × coins out
$2.19Mthe typical rival is worthSports Games
$2.91Mthe next biggest is worthStep App
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Games

154 coins tagged Gaming (GameFi), worth $3.23B together. #35 of 154 by worth.

Sports Games: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • GMT$23.01Mthis coin−3.3%52% outno record
  • Step App$2.91M7.9× smaller, −$20.11M100% outno record
  • PowerSnookerCoin$2.86M8.1× smaller, −$20.16M100% outno record
  • Foxsy AI$2.19M10.5× smaller, −$20.82M+3.8%, gap +7.158% outno record
  • Karate Combat$1.3M17.7× smaller, −$21.72M61% outno record
  • Crown by Third Time Games$1.2M19.2× smaller, −$21.81M−9.6%, gap −6.3100% outno record
Same job, different how

Sports Games: this coin next to Step App, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

GMT says
What is STEPN (GMT)? GMT is the governance token of STEPN with a limited supply of 6 billion tokens.
Step App says
Step App (FITFI) is the governance token for the Step Labs Ecosystem, which is all about pushing the boundaries of fitness and gaming.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

What is STEPN (GMT)? GMT is the governance token of STEPN with a limited supply of 6 billion tokens.

Problem it says it solves: games. 154 coins are working on it and together they are worth $3,231,740,964. This coin is 1% of that.

Where it trades: Coinbase, Kraken, Binance, OKX, Bybit

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0074price of one−3.3% today
100%below its highest ever$4 on 27 April 2022
52%of the supply is out3.11B coins
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The last 7 days

7 days ago: $0.0076now: $0.0074 (−0.8%)

Where today sits against its highest ever price

$0.0074

Highest ever: $4.11 on 27 April 2022. Today is 0% of that.

52%

of all GMT that will ever exist is already out in public hands: 3.11B coins.

48% (2.89B coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.0074price of one
×
3.11Bcoins out
=
$23.01Mworth today, #774 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 52%of the maximum supply is in circulation: 3.11B of 6B.
  • 2.89Bcoins still to be released, 48% of the maximum. Releases can add selling pressure.
  • 1.6×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 0%of its all-time high of $4.11 on 27 April 2022. That is −99.8% from the top.
  • #774by market cap, $23,014,287.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

0headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Nothing in the news this month.

In the news

Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.

The record itself

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy