It's important to understand that the #STEPN #GST token on @solana is in fact a completely different token than its #GST equivalent on #BSC. Without a bridge & arbitrage opportunities, they each work in an isolated environment with their own supply, price and market cap.
Imo, everything what's happening on the #BSC side of things is an effect of #FOMO. People see the higher earnings and want to partake. The only way to do so is by buying a sneaker #NFT and #GST on #BSC but note that the setup cost is much higher.
It's a game of supply and demand.
It's a game of supply and demand.
I don't think the current #GST price on #BSC will have too much impact on the Solana side of things. Different market forces are in play on both chains. The panic sellers might rush back to #STEPN once the dust has settled and extra clarity was provided.
It very much feels like a tempest in a glass of water. Let's not forget the core idea of #STEPN. Being able to purchase an #NFT and use it for your #MoveToEarn. Not much has changed on the Solana side of things. Prices have come down a bit and might form a potentially good entry.
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