New Move-To-Earn Token Explodes Over 243% In Just Seven Days Amid Crypto Market Slump

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A small-cap altcoin offering users the opportunity to earn tokens through active participation is well above the crypto markets.

Step-to-earn Step App (FITFI) is a Web 3.0 digital fitness protocol that merges exercise, socializing, gaming, and earning crypto into one.

FITFI stands for Fit Finance. As part of the game side of the app, users will be able to purchase digital sneakers in the form of non-fungible tokens (NFTs). Two other tokens, KCAL and SNEAK, are deployed as part of the ecosystem.

The Litepaper of the project explains,

“KCAL tokens are the in-game token…used to purchase SNEAKs and are earned by running while staking a SNEAK.”

FITFI stakers earn tickets that grant users access to NFT deposit events where new collections are released.

Step App started in the fourth quarter of 2021 and had over 113,000 signups before its recent beta launch.

The project’s website says the Step app is “powered by cutting-edge metaverse, augmented reality, and blockchain technology” to help users achieve their fitness goals while engaging in a friendly competition with other participants.

Last week, Singapore-based app Crypto.com listed FITFI on its marketplace, as did the Hong Kong stock exchange. Houbi.

Popular crypto analyst Michaël van de Poppe is also keeping an eye on the investment potential of the new fitness-focused crypto niche.

Van de Poppe recount its 591,500 Twitter followers,

“The whole momentum towards earnings probably still has more to come.

I’m waiting for FITFI and XCAD [XCAD Network] do relatively well.

The Step App token debuted last Tuesday at a value of $0.187, slowly rising to a high of $0.642 on May 1, marking a rise of 243%.

FITFI has since witnessed choppy corrective action, down 5.84% at the time of writing and trading for $0.538.

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Feature image: Shutterstock/dubassy/Natalia Siiatovskaia

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