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The move-to-earn space's biggest project STEPN enjoyed a huge surge on Monday as investors pushed its price up more than 30% to a 24hr high of $0.34.
Trading volume also increased by 100% and while there was a slight correction, GMT is still over $0.31 - it's best price in almost a month.
However, the token has still had hugely disappointing performance in recent months and remains more than 90% down from its April 2022 all-time high, when it reached almost $4 with a market cap of $2.5 billion.
Now, there is a new contender on the block that is seeking to knock STEPN off the top spot and become the best M2E project in the space.
That project is Fight Out, which has ambitious plans to develop a fitness app and build real-world gyms - as well as avoid some of the pitfalls that have plagued the STEPN community.
Unlike STEPN, the Fight Out rewards system will track more than just steps and it will not require any expensive NFTs to earn or multiple rewards, instead working with a traditional system of gym membership and app subscription.
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Fight Out will use smart technology to build up a full digital fitness profile that tailors individual workout regimes to each user.
Movement, key effort indicators and even sleep and nutrition will be taken into account to build the digital profile, while the regimes take a holistic approach - not just providing strength and conditioning exercises but also taking into account wellness and mental health.
In the Fight Out app, a user's fitness profile is represented by a soulbound NFT avatar, which means it cannot be sold or traded.
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