Step App Shuts Down After Four Years as FITFI Collapses

Move-to-earn project Step App is shutting down after four years as FITFI trades near record lows following its peak at launch in 2022.

Step App Shuts Down After Four Years as FITFI Collapses

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Written by

Helen Partz

staff writer

Reviewed by

Yohan Yun

staff editor

Written by

Helen Partz

staff writer

Reviewed by

Yohan Yun

staff editor

Step App winds down after four years as FITFI token sinks

Latest News

Published

Aug 6, 2026

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.

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.

The company

announced

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.

“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.

Step App (FITFI) all-time price chart. Source: CoinGecko

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

Related:

Proof of Play to shut down after blockchain gaming thesis falls short

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