Steem (STEEM) Reaches Market Capitalization of $131.37 Million

Steem (STEEM) traded down 1.7% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM E.T. on April 28th. Over the last seven days, Steem has traded up 4% against the U.S. dollar. Steem has a total market cap of $131.37 million and approximately $4.74 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for $0.29 or 0.00000448 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $63,637.01 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.8% against the dollar and now trades at $0.15 or 0.00000236 BTC.
• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $480.18 or 0.00754555 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $85.22 or 0.00133912 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.75 or 0.00009042 BTC.
• Ethereum Classic (ETC) traded up 4.8% against the dollar and now trades at $28.77 or 0.00045206 BTC.
• Arweave (AR) traded 9.2% higher against the dollar and now trades at $36.78 or 0.00057791 BTC.
• Monero (XMR) traded 4% higher against the dollar and now trades at $126.30 or 0.00198474 BTC.
• Bitcoin SV (BSV) traded 0.8% higher against the dollar and now trades at $67.35 or 0.00105840 BTC.
• eCash (XEC) traded down 0.4% 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 launch date was March 24th, 2016. Steem’s total supply is 460,767,381 coins. 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. Steem’s official website 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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView