STEPN GO's new currency GGT fell 73% after rising more than 2100% and is now trading at $6.80
According to market data, the STEPN GO new coin GO GAME TOKEN (GGT) rose by 2120% in 1 hour and 10 minutes after its launch, and then fell by about 73% to $6.8.
It is reported that GGT is a Polygon on-chain token with an unlimited number, which can be obtained by users who complete sports tasks. GGT's revenue is tied to the efficiency attribute. Burning GGT can Mint running shoes, upgrade running shoes, etc. GGT consumed by users within the STEPN GO app will be destroyed on a daily basis.