GMT Continues To Slip After Unlocking Activity; Is This The Right Moment For Buyers?
- Lookonchain reported that the STEPN wallet had unlocked 74 million GMT for investors.
- GMT is currently falling from its daily high of $0.3918 after facing a fall of 12.70% in just one day.
- There may be a chance that the altcoin may continue to fall if the selling activities in the market continue.
Highlighting a recent token unlocking activity, Lookonchain, a market analytical platform, reported that the STEPN wallet had unlocked 74 million GMT for investors, which is approximately $25.47 million in value. The platform further mentioned that some of the investors deposited GMT on exchanges, immediately receiving the altcoin.
At the reported time, GMT is currently falling from its daily high of $0.3918 after facing a fall of 12.70% in just one day. According to CoinMarketCap, the daily fall caused the altcoin to reach the red region of the weekly chart. At the reported time, GMT is valued at $0.3352 after recording a 3.24% tumble in the seven-day chart. Furthermore, the negative change in GMT’s prices caused its market cap to be valued at $554,113,140.
