Steem (STEEM) Market Capitalization Tops $113.96 Million

Steem (STEEM) traded down 0.7% against the U.S. dollar during the one day period ending at 16:00 PM E.T. on April 16th. One Steem coin can currently be bought for approximately $0.25 or 0.00000394 BTC on cryptocurrency exchanges. Over the last seven days, Steem has traded 25.2% lower against the U.S. dollar. Steem has a market capitalization of $113.96 million and $10.87 million worth of Steem was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $62,970.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.7% lower against the dollar and now trades at $0.15 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded 3.9% lower against the dollar and now trades at $482.04 or 0.00766385 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $79.11 or 0.00125768 BTC.
• UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $5.87 or 0.00009329 BTC.
• Ethereum Classic (ETC) traded down 1.3% against the dollar and now trades at $25.93 or 0.00041233 BTC.
• Monero (XMR) traded up 0.7% against the dollar and now trades at $121.26 or 0.00192795 BTC.
• Arweave (AR) traded down 7.4% against the dollar and now trades at $24.14 or 0.00038379 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $66.84 or 0.00106273 BTC.
• eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Steem

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 459,899,383 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com. Steem’s official message board is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here.

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 presently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView