Steem (STEEM) Price Down 21.9% This Week

Steem (STEEM) traded 0.5% lower against the dollar during the 1-day period ending at 22:00 PM Eastern on April 16th. During the last seven days, Steem has traded down 21.9% against the dollar. Steem has a total market cap of $114.90 million and approximately $10.77 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for $0.25 or 0.00000390 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $64,004.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded down 3.9% against the dollar and now trades at $484.39 or 0.00756806 BTC.
• Litecoin (LTC) traded 3.1% higher against the dollar and now trades at $79.97 or 0.00124940 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $5.86 or 0.00009156 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $26.27 or 0.00041043 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $122.31 or 0.00191100 BTC.
• Arweave (AR) traded 4.9% lower against the dollar and now trades at $24.48 or 0.00038249 BTC.
• Bitcoin SV (BSV) traded 0.4% higher against the dollar and now trades at $66.82 or 0.00104400 BTC.
• eCash (XEC) traded down 0.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 459,919,154 coins. Steem’s official message board is steemit.com/@steemitblog. The official website for Steem is steem.com. 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.

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView