Metaverse Tokens: Looking into the Leading Top Tiers

  • STEPN Empowers Users with “Move-to-Earn” Rewards
  • Apecoin (APE)
  • Decentraland (MANA)

Stepn Empowers Users with “Move-to-Earn” Rewards

Stepn is a lifestyle app created by FindSatoshi Lab using the Web3 design that utilizes Solana, where the players get paid for running, jogging, or walking. Users must acquire NFT sneakers to participate in the “move-to-earn” program, which offers varying returns depending on the amount of physical activity.

The platform distributed the Genesis Sneaker, their most uncommon NFT shoe to date, on February 19th. These days, a vested unlock mechanism is used by many cryptocurrency projects, and the platform in question is no exception.

The platform also contains an augmented reality (AR) component and play-to-earn gaming. As per Token Unlocks, GMT, Stepn’s local token, had a 966 million-token supply on February 28th. Token supply is anticipated to rise by 16.5 million by March 5th, bringing total supply to 982.5 million. This token’s payback period is scheduled to end in Nov 2030.

Here is how the remaining tokens are distributed: The remaining 30% is allotted towards the platform’s “move-to-earn” scheme, with the first 30% being stored in the treasury and the second 30% being individually auctioned and given to the squad.

Also, from March 1st through April 1st, Stepn shall release 812,903 GMT per day for the move to gain reward, per the Token Unlocks. Daily unlocks for the squad and the coffers will total about 580,000 tokens each.

GMT’s current market price is at $0.111, having hit a price low at $0.1092 and a highest at $0.1114 over the past 24 hours. The current market cap is $29,265,526, representing 0.50%, with 263,581,074 GMT circulating, which only means 3% of the total supply.

ApeCoin (APE)

An NFT-based coin called ApeCoin has seen significant ups and downs in the cryptocurrency market since its launch in 2021. Despite being a relatively young player on the market, it has tested deeper lows and hit new highs. However, due to heightened sell activity, the price of ApeCoin (APE) is currently displaying negative signs.

ApeCoin currently sits on the top position in the gaming tokens, with its price at $5.12 representing a 1.97% increment over the past 24 hours, with the token trading lowest at $4.94 and the highest price hitting $5.18. Its current market cap is hovering around $1,889,740,748.

Decentraland (MANA)

Users of Decentraland (MANA), a well-known Metaverse initiative in the cryptocurrency industry, can access and create their virtual worlds. The initiative, introduced in 2020, has made a name for itself as a pioneer in the Metaverse sector.

According to CoinMarketCap, MANA is currently trading at 0.6521, which has a 0.23% decrease from its highest price of $0.6568 and lowest price of 0.6226 over the past 24 hours. The current market cap is at 1,209,457,568, with the current circulating supply of 1,855,084,192 MANA out of the total supply of 2,193,539,027.