Step App winds down after four years as FITFI token sinks

Step App, a move-to-earn platform, is shutting down after four years of operation, joining a growing number of crypto companies winding down amid an ongoing market slump.

“We are incredibly proud of what Step App achieved — not just as a product, but as a movement,” Step App said.

The project’s governance and utility token, FITFI, continued to decline. At publishing time, FITFI traded at $0.0001624, down 99.9% from its all-time high of around $0.73 recorded in May 2022, according to CoinGecko data.

Cointelegraph contacted Step App for comment but did not receive a response by the time of publication.