Steem (STEEM) Tops One Day Volume of $2.35 Million

Steem (STEEM) traded 2.8% lower against the dollar during the 1-day period ending at 13:00 PM Eastern on June 14th. Steem has a market cap of $104.32 million and $2.35 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can currently be purchased for approximately $0.22 or 0.00000344 BTC on popular cryptocurrency exchanges. Over the last week, Steem has traded 16.3% lower against the dollar.

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

  • Bitcoin (BTC) traded down 2.4% against the dollar and now trades at $65,325.60 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 5% lower against the dollar and now trades at $0.13 or 0.00000206 BTC.
  • Bitcoin Cash (BCH) traded down 4.8% against the dollar and now trades at $416.43 or 0.00636840 BTC.
  • Litecoin (LTC) traded down 1% against the dollar and now trades at $77.25 or 0.00118131 BTC.
  • UNUS SED LEO (LEO) traded 0.7% lower against the dollar and now trades at $5.56 or 0.00008496 BTC.
  • Ethereum Classic (ETC) traded down 3.1% against the dollar and now trades at $24.53 or 0.00037512 BTC.
  • Monero (XMR) traded 0.2% lower against the dollar and now trades at $172.73 or 0.00264149 BTC.
  • Arweave (AR) traded down 3.2% against the dollar and now trades at $28.15 or 0.00043056 BTC.
  • Bitcoin SV (BSV) traded 4.5% lower against the dollar and now trades at $48.69 or 0.00074467 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 464,112,159 coins. 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. Steem’s official message board 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.”

Steem Coin Trading

It is usually not currently 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, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

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