Steem Trading 15.9% Higher Over Last 7 Days (STEEM)

Steem (STEEM) traded 11.4% higher against the US dollar during the 1 day period ending at 18:00 PM Eastern on May 29th. In the last week, Steem has traded up 15.9% against the US dollar. One Steem coin can currently be bought for about $0.33 or 0.00000483 BTC on cryptocurrency exchanges. Steem has a market capitalization of $151.12 million and approximately $40.30 million worth of Steem was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $67,624.12 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 1.3% lower against the dollar and now trades at $0.16 or 0.00000243 BTC.
  • Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $467.98 or 0.00692030 BTC.
  • Litecoin (LTC) traded up 0.4% against the dollar and now trades at $83.72 or 0.00123797 BTC.
  • UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.96 or 0.00008807 BTC.
  • Ethereum Classic (ETC) traded down 3.5% against the dollar and now trades at $30.47 or 0.00045051 BTC.
  • Monero (XMR) traded down 1.4% against the dollar and now trades at $139.32 or 0.00206014 BTC.
  • Arweave (AR) traded up 3.1% against the dollar and now trades at $39.08 or 0.00057796 BTC.
  • Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $62.02 or 0.00091707 BTC.
  • eCash (XEC) traded 1.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Steem Coin Profile

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 462,930,351 coins. The official message board for Steem is steemit.com/@steemitblog. The official website for Steem is steem.com. 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.

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 possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US 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.

Receive News & Updates for Steem Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Steem and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.