As The Move-To-Earn Market Revives, Step App (FITFI), STEPN (GMT) And Genopets (GENE) Compete For Supremacy, With One Leading In Investor Expectations

The move-to-earn (M2E) fitness app market is creating a tsunami in the digital world – currently valued at $551 million, it is predicted to rocket to $1.2 billion by 2028, growing at a brisk 18.2% annually. Some even speculate a surge to $2.47 billion by 2032, fueled by the craze for high-tech wearables and a market craving innovation. This isn’t just a fleeting trend – it’s a lifestyle revolution, intertwining fitness with the crypto universe. 

Taking the lead is Step App (FITFI), a trendsetter in the M2E space boasting the stable economy, cutting-edge AI innovations, and the allure of celebrity endorsements. This venture emerges as a beacon for those who seek more attractive returns and a more immersive fitness experience, both making it a standout among the renowned peers such as STEPN (GMT) and Genopets (GENE). 

But why should you dive into the pool of M2E crypto projects? Because they actually go beyond this new fitness fad, evolving into the gateway to passive income opportunities and the means to diversify investment portfolios; in addition, they promote eco-friendly living by encouraging sustainable transport methods. Investing in M2E, especially in trailblazers like Step App (FITFI), isn’t just about financial gain; it’s about being part of a healthier, greener future.

Step App (FITFI): An Entertaining Earning Spree

Imagine a world where your daily run or walk not only boosts your health, but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As the first move-to-earn application that empowered fitness with AI-assisted workouts, Step sets a new standard in the FitFi realm. Bolstered by its stable economy and lucrative ROI for users, the project caters to health enthusiasts and crypto fans alike, regardless of their experience with Web3. Injecting a burst of star-studded excitement, Step App basks in the glowing endorsements of legendary athletes like Usain Bolt, propelling its esteemed market reputation to even greater acclaim.

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Transform Your Steps into Tangible Rewards with Step App

In Step, managing your earnings is effortless and subscriptions are available to further personalize your in-app experience and amplify rewards. Here, the magic lies in the FITFI and KCAL tokens – central to the app’s vibrant, contest-filled community and its continuous innovation, they hold potential for appreciation over time. Whether it’s upgrading your workout gear with KCAL or unlocking exclusive features with FITFI, these tokens are ready to enhance your fitness journey. In the run-up of 2024, Step is gearing up to unveil even more exciting features and airdrops, ensuring that both the community and the value of its tokens keep thriving.

Currently, Step App (FITFI) is in a critical trading zone between the support at $0.006239 and the resistance at $0.009847, hinting at a market poised for a shift. With its 10-day Simple Moving Average (SMA) at $0.008201 and the 100-day SMA at $0.006366, there’s a slight bullish lean; the MACD level at 0.000128 and the RSI of 46.71 add to this cautiously optimistic view. If bullishness kicks in, fueled by the unique AI-powered developments and celebrity praises, we could see FITFI break above $0.009847, aiming for higher targets like $0.01146 and even $0.015068. This scenario banks on the app’s anticipated features and activities in 2024 set to boost user interest and token value.

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STEPN (GMT): Co-Branded Sneakers with Steve Aoki Sparks Frenzy

STEPN (GMT) is riding a wave of excitement with its latest collaboration with DJ Steve Aoki and A0K1VERSE, bringing a unique digital sneaker collection to the fitness app; this partnership is a fusion of lifestyle, fitness and blockchain, aimed at boosting the already impressive user base of 2-3 million monthly active users. As part of this innovative venture, 300 co-branded sneakers will hit the auction block, merging the world of fitness with digital collectibles on the Solana blockchain. This comes on the heels of the STEPN (GMT) price’s strong performance in October, where it broke past its previous resistance levels, kicking off November with robust market energy.

From a technical standpoint, STEPN (GMT) is currently trading between the support point at $0.2542 and the resistance mark at $0.3796. The SMAs, 10-day at $0.3156 and 100-day at $0.2666, along with the MACD level of 0.004 and the RSI of 41.84 indicate a cautiously optimistic market sentiment. The recent collaboration and the innovative approach of GMT could further bolster this optimism – analyst Kaleo notes that STEPN (GMT) has been trading within an ascending channel, retesting July highs, and suggests the potential for a squeeze out of the channel, possibly reaching $0.6 and even $1 soon.

However, in a bearish scenario, if the collaboration doesn’t generate the anticipated buzz or broader market trends turn negative, GMT could see a pullback. A breach below $0.2542 might lead to the token testing lower supports at $0.1891 and $0.0637. Paired with the overall market dynamics, the success of this recent venture will be crucial in determining whether STEPN (GMT) can maintain its current trajectory or face a downward correction.

Genopets (GENE): New Update Unleashes Market Potential

Genopets (GENE), a Solana-based M2E game, has recently captivated the market with a remarkable 32% increase in price over the past week and an 80.5% surge in the past fortnight.; this uptick follows the launch of its latest update, version 0.9.0, which introduces a thrilling racing mini-game and an in-app shop, significantly enhancing the user experience. The ‘Arcade Mode’ and new purchasable items like the ‘Morphosphere’ have added a fresh dimension to the gameplay, potentially contributing to the positive market response that propelled GENE so drastically.

Currently, Genopets (GENE) is trading between the support level at $0.3695 and the resistance point at $0.6136. The technicals reveal a bullish sentiment, with the 10-day SMA at $0.5077 and the 100-day SMA at $0.3835; the MACD at 0.0276 and the RSI of 59.37 further indicate a potential for continued upward movement. 

In a bullish scenario, driven by user excitement over the new features and the upcoming integration of Qubits with GENE tokens, the price might break past $0.6136, targeting subsequent resistances at $0.7126 and potentially $0.9567. On the other hand, a bearish turn could occur if the update fails to sustain user interest or if broader market trends impact sentiment negatively. In such a scenario, Genopets (GENE) might retract to test the lower support at $0.2244. 

Bottomline

In the plethora of M2E apps, Step App (FITFI), STEPN (GMT) and Genopets (GENE) are making waves with their unique blends of fitness, technology, and crypto: Step App (FITFI), boosted by AI innovations and star endorsements, is on the brink of breaking new ground – its upcoming features have the potential to captivate users, possibly pushing its value beyond current expectations; STEPN (GMT) is stirring excitement with its collaboration with DJ Steve Aoki, merging lifestyle and fitness in a way that’s resonating with the market; Genopets (GENE) is also grabbing attention with its latest update, adding fresh gaming experiences that could drive its price up. However, all these projects, like any in the volatile crypto space, face the flip side of market dynamics – a downturn in user interest or broader market trends could see them testing lower support levels; the success of these innovative ventures, therefore, relies not just on their technological advancements and market strategies, but also on the fluctuating tides of the crypto market and user engagement.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Source: https://thecryptobasic.com/2023/11/27/as-the-move-to-earn-market-revives-step-app-fitfi-stepn-gmt-and-genopets-gene-compete-for-supremacy-with-one-leading-in-investor-expectations/?utm_source=rss&utm_medium=rss&utm_campaign=as-the-move-to-earn-market-revives-step-app-fitfi-stepn-gmt-and-genopets-gene-compete-for-supremacy-with-one-leading-in-investor-expectations