Latest GMT (GMT) Price Analysis

By CMC AI
07 December 2025 02:43PM (UTC+0)

Why is GMT’s price down today? (07/12/2025)

TLDR

GMT fell 4.85% in 24h, underperforming the broader crypto market (-2.26%). Key drivers:

  1. Coinbase delisting ripple effects – GMT-USDT pair removed in Oct 2025 continues to limit liquidity

  2. Technical breakdown – Price below critical $0.017 support from Fibonacci/MA levels

  3. Ecosystem sell pressure – STEPN GO’s GMT rewards likely being converted to stablecoins

Deep Dive

1. Liquidity Crunch From Delisting (Bearish Impact)

Coinbase removed GMT-USDT trading on October 30, 2025, forcing institutional and retail traders to smaller exchanges. While USD pairs remain, the delisting contributed to GMT’s 62% price decline since October.

What this means: Reduced liquidity depth (-48.84% 24h volume) amplifies sell-offs. The $0.0161 price sits near 2025 lows with only $9.7M daily turnover – thin markets increase volatility risk.

2. Technical Support Breakdown (Bearish)

GMT broke below the 78.6% Fibonacci retracement level ($0.017331) and 7-day SMA ($0.016886). The RSI at 35.44 shows oversold conditions but no bullish divergence yet.

What this means: Next support lies at the 2025 low of $0.015161. Until GMT reclaims $0.017, technical traders will likely avoid long positions. The MACD histogram turning positive (+0.00014599) suggests potential stabilization if BTC holds $104K.

A Nevada court ruled crypto prediction markets as gambling on Nov 26, 2025. While STEPN isn’t directly affected, the decision highlights regulatory risks for move-to-earn models requiring real-world activity tracking.

What to watch: SEC’s ongoing review of fitness app tokens – a negative ruling could force STEPN to alter GMT’s utility.

Conclusion

GMT’s decline reflects structural liquidity issues from exchange delistings combined with sector-wide regulatory anxiety. While oversold conditions suggest limited near-term downside, recovery requires either renewed STEPN user growth or Bitcoin breaking above $112K to revive altcoin demand.

Key watch: Can GMT hold the $0.0151 yearly low if BTC retests $97K support?

Why is GMT’s price up today? (05/12/2025)

TLDR

GMT’s price is essentially flat over the last 24h (-0.06%), but shows resilience compared to broader crypto markets (-4.33%). Technical indicators suggest tentative stabilization after prolonged declines.

  1. Market Resilience (Neutral) – Outperformed crypto’s 4.33% drop, hinting at reduced selling pressure.

  2. GMT Pay Expansion (Bullish) – Cross-chain integrations and new stablecoin features boost utility narrative.

  3. Technical Rebound (Mixed) – Oversold RSI and MACD crossover signal potential short-term relief.

Deep Dive

1. Market Resilience Amid Downturn (Neutral Impact)

Overview: GMT fell just 0.06% in 24h while the total crypto market dropped 4.33%. This relative strength suggests GMT may be decoupling from macro trends, possibly due to exhaustion after a 57% 90-day decline.

What this means: Thin liquidity (turnover ratio 0.64) amplifies price swings, but reduced correlation to Bitcoin dominance (58.43%) could signal coin-specific interest. However, low volume ($34.4M) limits conviction.

What to look out for: Sustained divergence from BTC/ETH movements and volume spikes above $50M daily.

2. GMT Pay Ecosystem Updates (Bullish Impact)

Overview: Recent upgrades to FSL’s GMT Pay platform added support for Ethereum, BNB Chain, and GGUSD stablecoin (FSL Ecosystem). Genesis Sneaker NFT holders gained 30% fee discounts, incentivizing GMT use cases.

What this means: Enhanced utility for GMT in payments/card services could drive token retention. However, adoption metrics (e.g., transaction counts) remain unclear.

What to look out for: On-chain activity spikes in GMT Pay contracts and partnership announcements with major payment processors.

3. Technical Rebound Signals (Mixed Impact)

Overview: The 7-day RSI (37.49) and 14-day RSI (34.23) hover near oversold levels. A bullish MACD crossover (+0.0000858) suggests weakening downward momentum.

What this means: Traders might interpret this as a buying opportunity, but the price remains below all key moving averages (7-day SMA: $0.0172; 200-day EMA: $0.0431).

Key level to watch: A sustained break above Fibonacci resistance at $0.01733 could trigger short-covering toward $0.01903 (61.8% retracement).

Conclusion

GMT’s flat price action masks tentative bullish signals: technical oversold conditions and real-world utility growth via GMT Pay. However, macro headwinds and low liquidity require caution.

Key watch: Can GMT hold above its 7-day SMA ($0.01717) to confirm a local bottom, or will broader market fear dominate? Monitor FSL’s next product updates for adoption catalysts.

CMC AI can make mistakes. Not financial advice.