Steem (STEEM) Market Capitalization Tops $153.76 Million

Steem (STEEM) traded up 19.7% against the U.S. dollar during the 1-day period ending at 0:00 AM ET on April 23rd. Over the last week, Steem has traded 34.3% higher against the U.S. dollar. Steem has a market cap of $153.76 million and $65.32 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be purchased for $0.33 or 0.00000501 BTC on major exchanges.

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

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $66,684.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.9% against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $507.87 or 0.00761607 BTC.
• Litecoin (LTC) traded up 1.7% against the dollar and now trades at $86.18 or 0.00129238 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.76 or 0.00008645 BTC.
• Ethereum Classic (ETC) traded 0.2% higher against the dollar and now trades at $28.20 or 0.00042293 BTC.
• Monero (XMR) traded up 0.6% against the dollar and now trades at $121.17 or 0.00181710 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $33.62 or 0.00050411 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $71.75 or 0.00107599 BTC.
• eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

Steem (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 460,464,903 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. The official website for Steem is steem.com. The official message board for Steem 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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView