The post Did Binance Labs Dump STEPN? GMT Price Plunges After Token Transfer appeared first on Coinpedia Fintech News
The price of STEPN (GMT), the token powering the popular move-to-earn app, took a nosedive on [date] after a massive transfer of 9 million GMT tokens by Binance Labs, the venture capital arm of cryptocurrency exchange Binance. This hefty transaction sparked fears of a potential sell-off by Binance Labs, leading to a 14% plunge in …