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Step App sets Aug. 21 wind-down as FITFI trades 99.9% below peak

8/6/2026

FITFI is in focus after Step App confirmed it will wind down services by August 21, ending four years as a move-to-earn platform. The token was already trading 99.9% below its all-time high ahead of the disclosure.

The number that defines the setup Ninety-nine point nine percent below peak is a terminal drawdown in any asset class.

In a token, it compresses what remains into a liquidity question: who is still holding, and at what cost basis.

Step App's August 21 shutdown removes the one narrative thread that could have supported a recovery argument. The project is no longer a going concern. Four years is a full cycle in crypto.

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