What is Green Satoshi Token (GST)? Is GST a good buy in 2022?
What is Green Satoshi Token (GST)? Green Satoshi Token is the in-game cryptocurrency of the StepN blockchain game powered by Solana blockchain which the users can earn by running, walking or jogging while wearing NFT sneakers minted by StepN.
It’s an early version of the “Move To Earn” concept that’s gaining traction in the Metaverse.
GST is one of the native cryptocurrencies of StepN’s Green Metaverse token, or GMT, which has also been experiencing a similar rise recently. You can learn more about STEPN here.
What we are going to learn?
What is the goal of this project?
The project’s purpose is to encourage individuals all over the world to live a healthy and active lifestyle while also introducing them to the notion of Web 3.0. The StepN platform was built on Solana and operates on a dual-token system, with Green Satoshi Token serving as the game’s money and Green Metaverse Token serving as the governance token.
What Sets the Green Satoshi Token Apart?
The StepN team hopes to achieve a breakthrough by adding social and communal features to their app, allowing people who love an active lifestyle to profit from their love of running. The Move-to-Earn principle is at the heart of StepN. The project competed in the Solana Ignition Hackathon Gaming Track in 2021, winning first place and becoming the first mobile NFT game to do so. Because of a really good game design, user-friendly interface, and built-in utilities like Wallet and Marketplace, StepN caught the judges’ attention and got clearance.
GST Price Prediction: What does the experts think about GST’s potential moving forward?
Coincore, for example, is a strong supporter of Green Satoshi Token. It is predicted that the Green Satoshi Token would reach $10 in 2023 and $20 in 2024. This is the second year in a row that the cryptocurrency has doubled in value. Investors are also bullish on Green Satoshi Token, with a one-year objective of $15.73 per token and a five-year target of $57.81. This means it will nearly triple in value in the following year and climb by 850 percent by 2027. Wallet investors believe the cryptocurrency can achieve its growth goals. Finally, the digital coin price is positive on Green Satoshi Token, but cautiously.
It forecasts an average price goal of $7.76 in 2022 and $8.68 in 2024. The 2024 forecast is much lower than the $8.88 average price target set for 2023. Although these price forecasts are far-fetched, it’s worth noting and remembering that nothing in the cryptocurrency space is guaranteed.
The Problem with GST (Green Satoshi Token)
I think it will be difficult for the price of GST token to keep up with the rise. There is a flaw with the GST tokenomics. Actually it can’t be called a flaw, but the maximum supply of GST tokens is infinite. And I am not very confident with tokens with infinite supply. This is why I will not hold GST for long term. GST is a quick buy and sell, and should be only bought only for its utility, when needed.
One thing to note is: GST tokens exists in two different blockchains – Solana and Binance, and the price vary a lot.
Frequently Asked Questions on GST
How much is the GST token worth?
The current GST price is $1.97 on Solana Blockchain and $11.9 on Binance Smart Chain.
Where can I buy a GST coin?
Binance, Huobi Global, Bybit, Raydium, PancakeSwap, Serum DEX, Orca, CoinEx, Hoo, AEX, DigiFinex, BingX, Jubi, and Hotbit are just a few of the cryptocurrency exchanges that provide Green Satoshi Token.
Can I buy GST StepN?
The STEPN coins can be purchased by exchanging SOL for STEPN on the Raydium decentralized exchange. Make sure you’re exchanging for the correct tokens.
Where can you buy StepN?
Wherever Binance is available, you may buy STEPN with the lowest costs and greatest security.
How much can you earn with StepN?
According to Rong, users can expect to earn at least $25 for 10 minutes of activity, with some earning as much as $4,500 a day. If you would like to learn about how you can earn GST and make money with STEPN, read this guide.
Is GST worth buying in 2022?
Even as cryptocurrency markets have been under fresh downward pressure, the GST price has risen as much as 149 percent since its launch. Its utility has inspired interest in social media, and the cryptocurrency market is rapidly developing and gaining pace, with the entire market capitalization of all cryptocurrencies, according to CoinMarketCap, approaching $1.4 trillion. In the last 30 days, the price of GST has risen by 29 percent.
Green Satoshi Token’s suitability as an investment depends on your risk tolerance and the amount you intend to invest, among other considerations, the most important of which is your overall financial situation.
If you’re thinking about investing in cryptocurrency tokens, we recommend doing your homework beforehand. Before making any investment decisions, research the latest market trends, news, technical and fundamental analysis, and expert opinion. Remember that past results are no guarantee of future results. Also, never put money into an investment that you can’t afford to lose.