Convert and Swap STEPN GMT to Russian Ruble RUB
GMT/RUB: 1 STEPN equals RUB 13.35 RUB
Last update: 11:43 AM, December 23, 2024
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STEPN is falling this week.
The current price of STEPN is RUB 13.35 per GMT. With a circulating supply of 2,621,687,739.837 GMT, it means that STEPN has a total market cap of RUB 35,031,494,247.46. The amount of STEPN traded has fallen by RUB 427,096,772.20 in the last 24 hours, which is a 6.32% decrease. Additionally, in the last day, RUB 6,762,348,249.62 worth of GMT has been traded.
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About STEPN
GMT is a Solana token that governs STEPN, a lifestyle app that encourages users to “move-to-earn.” STEPN users with NFT sneakers can earn GMT by walking or running outdoors. GMT can be used to pay for digital items and upgrades as well as staking and voting on future changes to the platform.
STEPN, also known as GoMining Token (GMT), is a unique cryptocurrency that aims to simplify the process of Bitcoin mining. It allows users to own Bitcoin hashrate digitally as a Non-Fungible Token (NFT) asset on the Ethereum/BNB chains and the Bitcoin blockchain. This eliminates the need for users to own or maintain physical mining infrastructure. The hashrate NFT position continuously generates Bitcoins and can be traded or used as collateral in Decentralized Finance (DeFi) like any other asset. The GoMining protocol developed the Liquid Bitcoin Hashrate (LBH) concept, where the physical mining equipment operates in the data center, and the user owns an NFT that represents the hashrate position.
STEPN works by allowing users to own Bitcoin hashrate digitally as an NFT asset. The LBH tokens generated by the hashrate can be used in DeFi protocols for borrowing/lending purposes. For instance, LBH tokens can be used as collateral for borrowing stablecoins for farming strategies, providing additional income to the LBH token owner. The GoMining token within the GoMining ecosystem serves as a discount token for electricity payments. NFT hashrate owners are required to pay electricity and maintenance costs, which are deducted from BTC mining revenue. By using the GoMining token for power/maintenance payments, users receive a 10% discount and continuously mine more bitcoins.
The potential use cases for STEPN extend beyond just Bitcoin mining. NFT owners can participate in play-to-earn mechanics that enrich the NFT-based mining experience, engage the community, and provide additional income to NFT owners. GoMining actively develops GameFi elements that allow users to generate additional income in NFTs on top of primary BTC mining proceeds. Furthermore, the GoMining token can be used for protocol governance. Users participating in GoMining governance can vote on proposals, influence protocol management, and most importantly, GoMining rewards distribution to the community of NFT owners and GameFi activities.
The history of STEPN is rooted in the development of the GoMining protocol. GoMining is a Liquid Bitcoin Hashrate protocol that was created to simplify Bitcoin mining for millions of users and unlock the huge potential of Bitcoin hashrate to be used as a Real World Asset (RWA) in DeFi. The GoMining protocol developed the Liquid Bitcoin Hashrate (LBH) concept, which allows the physical mining equipment to operate in the data center while the user owns an NFT that represents the hashrate position. The GoMining token was designed to combine a Discount token, a modified version of the burn and mint equilibrium (BME), and a ve Token (voter escrowed) governance model. The GoMining token has since become a known player in the DeFi space.
How STEPN and Russian Ruble differ
STEPN, also known as GoMining Token (GMT), and the Russian Ruble (RUB) are two distinct forms of currency, each with their unique characteristics. STEPN is a digital cryptocurrency that aims to simplify Bitcoin mining by allowing users to own Bitcoin hashrate as a Non-Fungible Token (NFT) asset on various blockchain networks. This approach eliminates the need for physical mining infrastructure, as the hashrate NFT position continuously generates Bitcoins. On the other hand, the Russian Ruble is a traditional fiat currency, regulated by the Central Bank of Russia, and used for everyday transactions in Russia. Unlike STEPN, the value of the Ruble is influenced by economic factors such as inflation, interest rates, and government policy. Furthermore, while STEPN offers potential use cases beyond Bitcoin mining, including participation in play-to-earn mechanics and protocol governance, the Ruble is primarily used for purchasing goods and services. Lastly, while STEPN operates within the decentralized finance (DeFi) space, the Ruble operates within a centralized financial system.
Frequently asked questions
How much is 1 STEPN in RUB?
Right now, 1 STEPN is worth about RUB 13.35.
How much GMT could I buy for 1 RUB?
Based on the current rate, you could get 0.0749 GMT for 1 RUB.
How much has the price of STEPN changed?
STEPN price has been declining. Since yesterday, the exchange rate of STEPN has decreased. Since last month, the exchange rate of STEPN has decreased. Since this time last year, the price of STEPN has decreased.
How do I calculate or convert GMT to RUB?
You can use our GMT to RUB calculator at the top of this page to convert any amount of GMT to RUB. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 RUB is equivalent to 0.37 GMT. Inversely, 5 GMT will cost about RUB 66.74
How can I buy 1 STEPN on Coinbase?
STEPN is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy STEPN.
What are assets similar to STEPN that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to STEPN, including Trust Wallet Token, Kujira, and Pepe. For a more robust list of assets to explore, jump to the asset page dedicated to STEPN.
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A selection of other popular currency conversions of STEPN to various fiat currencies.
GMT to Russian Ruble conversion tables
The exchange rate of STEPN is decreasing.
The current value of 1 GMT is RUB 13.35 RUB. In other words, to buy 5 STEPN, it would cost you RUB 66.74 RUB. Inversely, RUB 1.00 RUB would allow you to trade for 0.0749 GMT while RUB 50.00 RUB would convert to 3.7457 GMT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 27.36%. Meanwhile, in the last 24 hours, the rate has changed by 2.77%, and that the the highest exchange rate of 1 GMT to Russian Ruble was RUB 14.40 RUB and the lowest 24 hour value was 1 GMT for RUB 13.21 RUB. This time last month, the value of 1 GMT was RUB 19.84 RUB, which is a 29.47% increase from where it is now. Looking back a year, STEPN has changed by RUB 26.13 RUB. That means that in a single year, the value of STEPN has shrank by 53.27%.
GMT to RUB performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
RUB 14.13 RUB | -2.77% | RUB 19.08 RUB | -27.36% | RUB 19.84 RUB | -29.47% | RUB 26.13 RUB | -53.27% |
GMT to RUB
Amount | Today at 11:43 am |
|---|---|
0.5 GMT | RUB 6.67 |
1 GMT | RUB 13.35 |
5 GMT | RUB 66.74 |
10 GMT | RUB 133.49 |
50 GMT | RUB 667.44 |
100 GMT | RUB 1,334.88 |
500 GMT | RUB 6,674.39 |
1,000 GMT | RUB 13,348.78 |
RUB to GMT
Amount | Today at 11:43 am |
|---|---|
0.5 RUB | 0.0375 GMT |
1 RUB | 0.0749 GMT |
5 RUB | 0.37 GMT |
10 RUB | 0.75 GMT |
50 RUB | 3.75 GMT |
100 RUB | 7.49 GMT |
500 RUB | 37.46 GMT |
1,000 RUB | 74.91 GMT |
Today vs. 24 hours ago
Amount | Today at 11:43 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 GMT | RUB 6.67 | RUB 6.87 | -2.91% |
1 GMT | RUB 13.35 | RUB 13.75 | -2.91% |
5 GMT | RUB 66.74 | RUB 68.75 | -2.91% |
10 GMT | RUB 133.49 | RUB 137.49 | -2.91% |
50 GMT | RUB 667.44 | RUB 687.47 | -2.91% |
100 GMT | RUB 1,334.88 | RUB 1,374.93 | -2.91% |
500 GMT | RUB 6,674.39 | RUB 6,874.67 | -2.91% |
1,000 GMT | RUB 13,348.78 | RUB 13,749.34 | -2.91% |
Today vs. 1 month ago
Amount | Today at 11:43 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 GMT | RUB 6.67 | RUB 9.52 | -29.92% |
1 GMT | RUB 13.35 | RUB 19.05 | -29.92% |
5 GMT | RUB 66.74 | RUB 95.23 | -29.92% |
10 GMT | RUB 133.49 | RUB 190.47 | -29.92% |
50 GMT | RUB 667.44 | RUB 952.34 | -29.92% |
100 GMT | RUB 1,334.88 | RUB 1,904.68 | -29.92% |
500 GMT | RUB 6,674.39 | RUB 9,523.40 | -29.92% |
1,000 GMT | RUB 13,348.78 | RUB 19,046.79 | -29.92% |
Today vs. 1 year ago
Amount | Today at 11:43 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 GMT | RUB 6.67 | RUB 14.17 | -52.91% |
1 GMT | RUB 13.35 | RUB 28.35 | -52.91% |
5 GMT | RUB 66.74 | RUB 141.75 | -52.91% |
10 GMT | RUB 133.49 | RUB 283.50 | -52.91% |
50 GMT | RUB 667.44 | RUB 1,417.49 | -52.91% |
100 GMT | RUB 1,334.88 | RUB 2,834.99 | -52.91% |
500 GMT | RUB 6,674.39 | RUB 14,174.94 | -52.91% |
1,000 GMT | RUB 13,348.78 | RUB 28,349.88 | -52.91% |
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Create a Coinbase account to buy and sell STEPN on the most secure crypto exchange.
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