# GMT-USD · catalysts, narrative & risks

**Deep-research report — K3vl4r**  
**Symbols:** GMT-USD  
**Sources:** 14  
**Published:** 2026-10-31  
**Canonical:** https://app.k3vl4r.com/research/deep-research-gmt-usd-catalysts-narrative-risks-3418

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# GMT (Green Metaverse Token) Research — as of 2026-11-07

## Context and identity

GMT is the governance and utility token of the STEPN "move-to-earn" ecosystem, built by Find Satoshi Lab (FSL) and launched on Solana (later expanded to other chains). It has a hard cap of 6 billion tokens, minted at its March 9, 2022 token generation event, alongside a second, uncapped utility token (GST). [4], [10], [11]

GMT is a **digital asset**, not a listed company or security: there are no company filings, quarterly earnings, or share fundamentals. The "-USD" suffix simply denotes the US-dollar quote pair. (Note: our own system snapshot holds a market-cap rank of #667 and a price of ~$0.006288, +3.53% over 24h, as of 2026-11-07 05:00Z — this is background context only, not a verified finding.)

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## Recent catalysts (roughly Aug–Nov 2026)

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_Preview only. The complete multi-source deep-research report — full thesis, evidence, and citations — is available at https://app.k3vl4r.com/research/deep-research-gmt-usd-catalysts-narrative-risks-3418 (free to sign up)._