{"id":1106,"date":"2026-08-06T21:52:36","date_gmt":"2026-08-06T13:52:36","guid":{"rendered":"https:\/\/www.btcethdata.com\/?btc_ct_news=step-app-winds-down-after-four-years-as-fitfi-token-sinks"},"modified":"2026-08-06T22:21:57","modified_gmt":"2026-08-06T14:21:57","slug":"step-app-winds-down-after-four-years-as-fitfi-token-sinks","status":"publish","type":"btc_ct_news","link":"https:\/\/www.btcethdata.com\/?btc_ct_news=step-app-winds-down-after-four-years-as-fitfi-token-sinks","title":{"rendered":"Step App winds down after four years as FITFI token sinks"},"content":{"rendered":"<p>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.<\/p>\n<p>The company <a href=\"https:\/\/x.com\/StepApp_\/status\/2085038602828783837\" rel=\"nofollow noopener\" target=\"_blank\">announced<\/a> Wednesday on X that it will wind down all services by Aug. 21, asking users to unstake locked tokens and manage their exchange positions before the date.<\/p>\n<p>\u201cWe are incredibly proud of what Step App achieved \u2014 not just as a product, but as a movement,\u201d Step App said.<\/p>\n<p>The project\u2019s 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, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/step-app?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dmax\" rel=\"nofollow noopener\" target=\"_blank\">according<\/a> to CoinGecko data.<\/p>\n<p><p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-2276.png\" alt=\"\" loading=\"lazy\" \/><\/p>\n<\/p>\n<p><em>Step App (FITFI) all-time price chart. Source: CoinGecko<\/em><\/p>\n<p>Cointelegraph contacted Step App for comment but did not receive a response by the time of publication.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/www.btcethdata.com\/\"><em><strong>Proof of Play to shut down after blockchain gaming thesis falls short<\/strong><\/em><\/a><\/p>\n<p class=\"btc-ct-seo-links\"><strong>Related:<\/strong> <a href=\"https:\/\/www.btcethdata.com\/?post_type=btc_ct_news&#038;section=bitcoin\">Bitcoin price<\/a> \u00b7 <a href=\"https:\/\/www.btcethdata.com\/#treasury-data\">BTC live chart<\/a> \u00b7 <a href=\"https:\/\/www.btcethdata.com\/?post_type=btc_ct_news&#038;section=ethereum\">Ethereum price<\/a> \u00b7 <a href=\"https:\/\/www.btcethdata.com\/?post_type=btc_ct_news&#038;section=ethereum\">ETH gas fee<\/a> \u00b7 <a href=\"https:\/\/www.btcethdata.com\/?post_type=btc_ct_news&#038;section=bitcoin\">Bitcoin price today<\/a> \u00b7 <a href=\"https:\/\/www.btcethdata.com\/#treasury-data\">Top 10 cryptocurrencies<\/a><\/p>\n<p class=\"btc-ct-attr\"><em>Source: <a href=\"https:\/\/www.btcethdata.com\/\">Cointelegraph<\/a> \/ Helen Partz<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9% below its all-time high.<\/p>\n","protected":false},"featured_media":1107,"template":"","btc_ct_section":[7],"class_list":["post-1106","btc_ct_news","type-btc_ct_news","status-publish","has-post-thumbnail","hentry","btc_ct_section-latest"],"_links":{"self":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news\/1106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news"}],"about":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/types\/btc_ct_news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/media\/1107"}],"wp:attachment":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1106"}],"wp:term":[{"taxonomy":"btc_ct_section","embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fbtc_ct_section&post=1106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}