ApeCoin, an Ethereum ETH/USD token linked to Yuga Labs the creators of the Bored Ape Yacht Club non fungible token, gained a whopping 1,150% in March but was overshadowed by Solana SOL/USD-based project STEPN GMT/USD.
| Cryptocurrency | 30-Day % Change (+/-) | All-Time High Value/Date Reached | % Change (+/-) Since All-Time High |
|---|---|---|---|
| STEPN (GMT) | +1576% | $2.92 On Apr 1, 2022 | -0.9% |
| ApeCoin (APE) | +1150% | $39.40 On Mar. 17, 2022 | -68% |
| Zilliqa (ZIL) | +316% | $0.2563 On May 6, 2021 | -24.2% |
| WAVES (WAVES) | +211% | $62.36 On Mar. 31, 2022 | -11.7% |
| THORChain (RUNE) | +100% | $21.26 On May 19, 2021 | -46.2% |
| SKALE Network (SKL) | +83% | $1.22 On Mar 12, 2021 | -79.2% |
See Also: How To Buy Ethereum (ETH)
Why STEPN Dominated March?
The governance token of STEPN is called Green Metaverse Token or GMT. It soared over 1,576% in March.
STEPN users can obtain NFTs in the form of sneakers and by running and jogging, they can earn rewards.
The project said its users had run more than 1 million km at the beginning of the month.
Do you know:
— STEPN | Public Beta Phase III (@Stepnofficial) March 8, 2022
This section on our website https://t.co/xAg0PIdJmm shows live data. Our users have collectively reached 1 million KM mark. pic.twitter.com/vcpmBC0IIx
In mid-March, Binance Futures said it would launch Tether (USDT)-margined GMT perpetual contracts with up to 25x leverage.
By the end of the month, users had run a collective of 3.36 million km. The project was also holding a “Double Double Mint Event” where participants stand the chance to win 2x Shoeboxes from Shoe minting.
Read Next: Why Coinbase's 'Premium Valuation' Is Unjustified In The Eyes Of This Analyst
Photo courtesy: STEPN
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