Steem Market Cap Achieves $120.43 Million (STEEM)

Steem (STEEM) traded up 4.9% against the dollar during the 24-hour period ending at 0:00 AM Eastern on April 19th. Over the last seven days, Steem has traded 9% lower against the dollar. One Steem coin can now be purchased for approximately $0.26 or 0.00000409 BTC on exchanges. Steem has a total market capitalization of $120.43 million and approximately $5.19 million worth of Steem was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 3.5% higher against the dollar and now trades at $63,960.44 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.2% against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded up 2.8% against the dollar and now trades at $476.87 or 0.00745563 BTC.
• Litecoin (LTC) traded 3.4% higher against the dollar and now trades at $81.95 or 0.00128121 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $5.81 or 0.00009088 BTC.
• Ethereum Classic (ETC) traded 4.4% higher against the dollar and now trades at $26.25 or 0.00041038 BTC.
• Monero (XMR) traded up 2.6% against the dollar and now trades at $117.28 or 0.00183371 BTC.
• Arweave (AR) traded 17.9% higher against the dollar and now trades at $28.17 or 0.00044049 BTC.
• Bitcoin SV (BSV) traded up 3.1% against the dollar and now trades at $65.89 or 0.00103020 BTC.
• eCash (XEC) traded 4.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Coin Profile

Steem (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 460,157,124 coins. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. Steem’s official message board is steemit.com/@steemitblog. The official website for Steem is steem.com.

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 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 Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView