The NFT economy has ushered in hundreds of new cryptocurrency bull rushes. The most notable of them has been GameFi and metaverse product domination throughout much of 2021. Last year’s best-performing investments fell into these categories. FITFI price prediction could be a helpful guide for one looking for an intelligent investment. Here’s why:
FitFi exists at the nexus of the physical and the digital; it is the completion of a very physical experience (fitness) within the metaverse, using NFTs and geo-location technology. Step’s FitFi metaverse now includes augmented reality for enhanced immersion.
Fitness Finance is a free market system where participants profit from the $100 billion fitness industry’s worth. This innovative system is the Web3.0 equivalent of digital fitness experiences and applications.
Web2.o enabled people to consume as well as generate fitness content. It transferred the value earned by their fitness content to the platform owners.
GameFi is a similar concept. Gaming is a $200 billion industry in which many consume and produce for the profit of a few. Web3.0 enables everyone to earn a piece of the market they participate in. With the rise of GameFi and play2earn, this became a reality.
FitFi and move2earn are turning points in bringing the vast fitness industry to individuals to allow them to earn money from it.
What Exactly Is FitFi Crypto?
FitFi token is the Step App ecosystem’s governance token. In the Step App, FITFI is also a utility coin that benefits from ecosystem fees. Users can stake FITFI tokens to earn up to 50% of the market value of the tokens.
Step App (ticker symbol FITFI) is the native coin of the Step.app mobile application, trading at around $0.6 – $0.7 with a market cap of $166 million.
Since its launch on Bybit on April 26th, it pumped around 13000% in the first week, hitting another top in its second week of $0.73, on May 5th, the current FITFI all-time high.
Listed on Crypto.com, it opened at $0.28 a day after Bybit exchange – most of the FITFI price growth was on day one – and the FITFI top was higher on that exchange, $0.79. After Step App (FITFI) got listed on Supercharger on 9 May, users have the chance to boost their returns by 10x. 88 lucky participants will win an exclusive “Supercharger 10x Booster” NFT that multiplies their FITFI rewards, allowing them to earn up to 23% p.a.
FitFi coin is now trading on many cryptocurrency exchanges such
- Charging Duration (First 30 days) – Users can stake and unstake from the Supercharger pool (with no gas fees) at any time during the Charging Period. The price of the reward token is determined at the end of this period.
- Reward Distribution Period (Next 30 days) – Users will receive their reward tokens during the Reward Distribution Period based on their share of the crypto provided during the Charging Period. Their eligible reward tokens will be distributed daily during this 30-day period after accepting the reward terms. Users will forfeit a portion of their reward if they do not accept the terms before the Reward Distribution Period begins.
Founders of Step App
The Step App team is led by its president Dharpan Randhawa, a former executive at British motor racing group McLaren Racing. Randhawa also runs the brand agency Talisman, which has offices in Los Angeles, Singapore, Dubai, and Shanghai.
The project’s CEO is Kirill Volgin, former CFO for DeFi investing platform Zerion. Another notable member of the team is CTO Dmitry Gordeychuk, crypto and DeFi veteran. Project advisors are Dovey Wan and Hatu Sheikh. Robert Vukosa has been designated as the primary business developer.
$KCAL tokens are the game asset. Used to mint & maintain NFTs, among other functions. Some $KCAL tokens, to bootstrap, are given to early adopters in the fair mechanism.
How the Step App works
Does the Step App really work? Step App, a type of Web3 project, belongs to the move-to-earn category, which also includes Green Satoshi Token and Green Metaverse Token. The app offers a type of metaverse fitness experience, rewarding you for doing physical exercise. The goal is to encourage people to pursue a healthy lifestyle. The project’s official cryptocurrency is the FITFI token, which facilitates payment and rewards on the platform. The app will be released this month as beta. Has anyone used it yet? This is where you start.
- Led by ex-CFO of Zerion.io, which processes 1/3 of all DeFi user data.
- Developed by the winner of ETH Waterloo, the most difficult global hackathon.
- Brand licensing is managed by an executive from McLaren Racing.
Step App is the celebrity-endorsed tokenized fitness app. Cutting edge augmented reality merges with the metaverse.
In this gamified fitness metaverse, your steps generate income. Collect and stake SNEAK NFTs, acquire steps, and grow your wealth. FitFi is combining the world’s financial and fitness goals into 1 mega-app.
Token Utilities
- Burns: Use $FITFI to buy SNEAKs
- Cashflow: Stake $FITFI to earn from app fees
- Game Theory: $FITFI staking has a cool-down, with early exit fees.
FITFI Fundamentals
• Buy-backs: 50% of play income is utilized to purchase FitFi tokens.
• Burns: Management can vote to burn up to 50% of its tokens purchased back.
• Staking Rewards: FitFi stakers receive up to 50% of market-purchased tokens.
• Locks: Exiting staked FitFi tokens requires a 10-day cooldown, which incurs a 12 percent cost on the initial investment.
• Liquidity Incentives: LP tokens have a 50% weight in staking rewards.
Furthermore, because they do not take venture capital investments, the StepApp project adhered to the DAO (decentralized autonomous organization) protocol to maintain the project as open-source as feasible.
How to buy FITFI & where
Step 1 – Register on Fiat-to-Crypto Exchange
Exchanges have their own fee policies and other features that you will go through in detail. It is recommended that you figure out the one that suits you best. Let’s try Coinbase.
Step 2 – Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase.
Step 3 – Transfer USDT to an Altcoin Exchange
After buying USDT, Choose an Altcoin exchange that supports FITFI (Bybit, Bitget, BitMart, Gate.io, Huobi, Hotbit, MXC, OKX etc) to trade FITFI.
Step 4 – Deposit USDT to exchange
The exchange might require going through another KYC process, from 30 minutes to possibly a few days maximum. Once you’re done with it you should have full access to your exchange wallet. Transfer your previously bought USDT on Coinbase to this wallet, and click on ‘Copy Address’. Under the Recipient field, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to the chosen altcoin exchange.
Step 5 – Trade FITFI
In the right column there is a search bar, now make sure “USDT” is selected as we are trading USDT to altcoin pair. Click on it and type in “FITFI”, you should see FITFI/USDT, select that pair and you should see a price chart of FITFI/USDT in the middle of the page. Below there is a box with a green button that says “Buy FITFI”, inside of the box, choose the “Market” tab here as that is the most straightforward type of buying order. When you have confirmed everything, click “Buy FITFI”. Voila! You have finally bought FITFI!
Price History Analysis for Step App
Since its launch on Bybit on April 26th, it pumped around 13000% in the first week, hitting another top in its second week of $0.73, on May 5th, the current FITFI all-time high.
It was also listed on Crypto.com, where it opened at $0.28 a day after the Bybit exchange – most of the FITFI price growth was on day one – and the FITFI top was higher on that exchange, $0.79.
It pays to invest early in new crypto coins – and many would consider it still early for FITFI with its low market capitalization (ranked #2830 on Coinmarketcap).
The Step App price has been performing well despite Bitcoin dropping from $40k to $35k over the same time period, showing a lot of relative strength against the rest of the crypto markets. According to the most recent statistics, the current price of Step App is $0.60, and FITFI is now rated #285 in the whole crypto ecosystem. Step App has a circulating supply of 250,000,000 and a market capitalization of $147,589,313.
The cryptocurrency’s current value has dropped by -13.7 percent in the last 24 hours. When we compare the FITFI’s current market cap to yesterday’s, we can notice that the market cap is likewise down.
The FITFI has been on an upward trend for the past seven days, increasing by 20 percent. Step App has recently demonstrated great potential, which may be a fantastic time to get in and invest.
FITFI Price Prediction 2022-2030
CoinQuora
From the Keltner Channel signals for FITFI/USDT, the FITFI price prediction is getting bullish on some days since the price is consolidating at the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
If this bullish trend continues, Step App (FITFI) will reach $2 by the end of 2022. Moreover, the first half of 2022 is going to show rapid growth, up to $0.76. Then the rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $4 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Esteponapress
According to crypto researchers, the average predicted price of a FITFI token in 2022 is $ 0.30, with a $0.95 price forecast for 2025. According to Fitfi Crypto Price Prediction 2022 2025 2030, the coin will reach a maximum price of $7 in 2030, with an average of $6.40.
Red-Redial
FITFI has shown a good gain recently and is trading at $0.634 on 2nd May 2022. It has gained around 19 percent in the last 24 hours and is expected to perform well in the coming days. The step app prediction for 2022, 2025, and 2030 is based on its past performance, market cap, and volume of trade.
- Price prediction for 2022 – Most experts have predicted a minimum price of $.29 and a maximum price of $.35 for 2022.
- Prediction for 2025 – It can reach a maximum of up to $1.10 till 2025
- Price in 2030 – A maximum of $ 11 can be reached by 2030.
Cryptopolitan
Cryptopolitan forecasts future FITFI Price Predictions by doing deep artificial intelligence-assisted technical analysis on Step App’s previous price data. They’ve collected as much historical data on the FITFI coin as possible, including last price, Step App market cap, Step App volume, and a few more.
FITFI Price Prediction 2022
According to an in-depth technical analysis of FITFI price history, the price of Step App is expected to reach a low of $0.29 in 2022. With an average selling price of $0.30, the FITFI price may reach a high of $0.35.
FITFI Price Prediction 2023
In 2023, the price of Step App is expected to fall to a low of $0.42. Throughout 2023, the Step App price might reach a high of $0.49 with an average of $0.43.
FITFI Price Prediction 2024
According to the forecast price and technical analysis, the price of Step App is expected to reach a low of $0.63 in 2024. With an average trading price of $0.65, the FITFI price may reach a high of $0.72.
FITFI Price Prediction 2025
In 2025, the price of 1 Step App is predicted to be as low as $0.92. Throughout 2025, the FITFI price might reach a high of $1.09 with an average price of $0.
FITFI Price Prediction 2026
In 2026, the Step App pricing is expected to be as low as $1.36. According to estimates, the FITFI price might reach $1.62, with an average expected $1.39.
FITFI Price Prediction 2027
According to an in-depth technical analysis of FITFI pricing history, the price of Step App in 2027 is expected to be about $2.02. The Step App price may reach a maximum of $2.38 in USD, with an average trading value of $2.09.
FITFI Price Prediction 2028
In 2028, the price of Step App is expected to be as low as $2.78. Throughout 2028, the Step App price might reach a high of $3.48, with an average selling price of $2.86.
FITFI Price Prediction 2029
According to the projection and technical analysis, the price of Step App in 2029 is anticipated to be $4.25. The FITFI price may reach a high of $4.85, with an average price of $4.36.
FITFI Price Prediction 2030
The price of Step App is anticipated to reach a minimum amount of $6.18 in 2030. Throughout 2030, the Step App price might get a high of $7.21, with an average market price of $6.40.
FITFI Price Prediction by Industry Influencers
Crypto grade observes the jumps made by FITFI as quite a lot from $0.26 to $0.68.
- Very searched token and app.
- Lots of people are buying into it.
- Something to look at.
- There’s a lot of hype due to the fitness trending idea.
- No ratings yet or data.
Conclusion
The Step App project has broad appeal. Its work is related to the fitness and gaming industries, which are worth about $300 billion combined, as well as popular investment themes such as DeFi, Web3, and the metaverse. Although the crypto is worth just a few pennies, it could be worth several dollars down the road. However, being new, there’s too much doubt about it as being a scam.
But there are those who have already got in early, secured profits, and got back in with house money…. So there’s that worry. With crypto, you either believe in it or you don’t. Volatility is characteristic of the industry but when there’s utility and community, you get better chances of continuous growth than meme coins.
Take note though that STEPN and Step App looks like clones but they are two distinct projects, so look closely at where you want to invest.
The move-to-earn notion is new to the blockchain arena, but it is fascinating. FitFi may be included with the move-to-earn project, which will become the top initiative. However, there is a likelihood of making profits or incurring losses from any crypto investment. You must do your research before you make any investment decision.
FAQs about FITFI
What will the value of FITFI in 2031?
At the end of 2031, the FITFI price is expected to hit a high of $10.99 and a low of $9.32.
Is FITFI a Good Investment?
Yes, FitFi is an intelligent investment considering several fundamental criteria.
Looks suspicious?
There are some doubts for me: 1- the website is so bad; even some words are written wrongly; some sentences are interrupted.. 2- there is no app for ios. 3- it is like some bad copy of stepn..(like reebok-rebok) 4- it has no support from binance or coinbase.. so what do you think of it? may it be scam? Calling on the support of Step App: Clean up!
Source: https://www.cryptopolitan.com/fitfi-price-prediction/