Steem (STEEM) Hits Market Capitalization of $155.54 Million

Steem (STEEM) traded down 4.8% against the dollar during the 24-hour period ending at 0:00 AM ET on March 27th. One Steem coin can currently be purchased for approximately $0.34 or 0.00000490 BTC on popular cryptocurrency exchanges. Steem has a market cap of $155.54 million and $16.16 million worth of Steem was traded on exchanges in the last 24 hours. During the last seven days, Steem has traded 8.7% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $69,275.96 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6% higher against the dollar and now trades at $0.19 or 0.00000280 BTC.
• Bitcoin Cash (BCH) traded 7.7% higher against the dollar and now trades at $529.73 or 0.00764672 BTC.
• Litecoin (LTC) traded 1.7% lower against the dollar and now trades at $95.19 or 0.00137409 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.07 or 0.00008763 BTC.
• Ethereum Classic (ETC) traded 1.4% lower against the dollar and now trades at $31.84 or 0.00045959 BTC.
• Arweave (AR) traded up 3.9% against the dollar and now trades at $43.09 or 0.00062199 BTC.
• Monero (XMR) traded 0.3% higher against the dollar and now trades at $137.49 or 0.00198466 BTC.
• Conflux (CFX) traded 2.6% lower against the dollar and now trades at $0.48 or 0.00000699 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $88.19 or 0.00127309 BTC.

About 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 458,629,516 coins. Steem’s official message board is steemit.com/@steemitblog. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. 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.”

Buying and Selling Steem

It is usually not 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, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView