Steem Price Up 17.5% Over Last Week (STEEM)

Steem (STEEM) traded 4.9% higher against the dollar during the one day period ending at 8:00 AM Eastern on March 29th. One Steem coin can currently be bought for about $0.37 or 0.00000522 BTC on popular exchanges. In the last seven days, Steem has traded up 17.5% against the dollar. Steem has a total market capitalization of $168.02 million and approximately $13.51 million worth of Steem was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $70,130.79 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.4% against the dollar and now trades at $0.21 or 0.00000305 BTC.
• Bitcoin Cash (BCH) traded 11.4% higher against the dollar and now trades at $633.12 or 0.00902770 BTC.
• Litecoin (LTC) traded 8.4% higher against the dollar and now trades at $103.44 or 0.00147499 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.07 or 0.00008656 BTC.
• Ethereum Classic (ETC) traded 8.2% higher against the dollar and now trades at $34.74 or 0.00049543 BTC.
• Arweave (AR) traded down 3% against the dollar and now trades at $41.42 or 0.00059060 BTC.
• Monero (XMR) traded 1.2% lower against the dollar and now trades at $135.15 or 0.00192714 BTC.
• Bitcoin SV (BSV) traded up 8.2% against the dollar and now trades at $100.67 or 0.00143542 BTC.
• Conflux (CFX) traded up 2.1% against the dollar and now trades at $0.48 or 0.00000684 BTC.

About Steem

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 458,720,393 coins. Steem’s official website is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official message board is steemit.com/@steemitblog.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Steem Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView