Step

Step is the kind of crypto name that can mean a lot of things, but as a coin it usually points to a project-specific token rather than a broad digital currency. By our assessment, that makes Step a narrow instrument: useful where the underlying network gives it a job, thin everywhere else. The strong part is the same thing that gives many smaller tokens their appeal, namely a clear role inside a defined system. The weak part is obvious too, because outside that system it has little natural reason to matter. In practice these tokens tend to ask the user to care about the project first and the coin second, which is a different experience from holding something like Bitcoin or a large exchange coin. Step sits in the crowded middle of crypto projects that live or fade with their own ecosystem, and the ceiling is not hard to see.