Since September, the monthly active users of STEPN have dropped to less than 30,000, and the casting volume of new shoes has dropped by 84%

2022.09.19 22:00
According to recent data from Dune Analytics, the monthly active users of the M2E application STEPN have dropped below 30,000 so far in September, a 95% drop from May this year.Additionally, STEPN’s daily user count has also been falling since early September, with new user growth now down 32%.In terms of new shoe minting volume, the number of new shoes minted per day fell by 84% between June and August, while deposit transactions fell by 91% this month.
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