Steem (STEEM) Market Capitalization Achieves $76.81 Million

Steem (STEEM) traded 1.3% lower against the dollar during the 1-day period ending at 16:00 PM ET on September 18th. One Steem coin can currently be bought for approximately $0.16 or 0.00000273 BTC on popular cryptocurrency exchanges. In the last seven days, Steem has traded down 4% against the dollar. Steem has a market capitalization of $76.81 million and approximately $16.65 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0% higher against the dollar and now trades at $59,675.41 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.8% against the dollar and now trades at $0.10 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $311.94 or 0.00522720 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.69 or 0.00009535 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $63.83 or 0.00106962 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $170.86 or 0.00286312 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $17.89 or 0.00029981 BTC.
• Arweave (AR) traded down 0.3% against the dollar and now trades at $18.46 or 0.00030926 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $45.78 or 0.00076707 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 471,731,573 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog. Steem’s official website is steem.com. 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 presently possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView