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Stepn Returns to Crypto Market Top with 75% Price Spike in Last 7 Days

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Despite the negative announcement back in May, $GMT manages to crawl back from the strong downtrend

Unfortunately, in the last few hours, STEPN has failed to break the 50-day Exponential Moving Average and reversed by around 10% in the last few hours, showing that the lack of trading volume on the weekend is keeping GMT from entering full rally mode.Back at the end of May, the official Twitter account of STEPN notified Chinese about their upcoming ban from the platform because of regulatory issues STEPN faced in China.

Thankfully, the project allowed investors to withdraw all assets they had or to use alternative ways of accessing the app. Unfortunately, STEPN constantly tracks the performance of each device tied to an account to track one's walking progress, which prevents the usage of the app with a VPN.

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