Steem Market Capitalization Reaches $134.69 Million (STEEM)

Steem (STEEM) traded 8.1% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on April 25th. Steem has a market cap of $134.69 million and $30.64 million worth of Steem was traded on exchanges in the last 24 hours. Over the last seven days, Steem has traded 18.1% higher against the U.S. dollar. One Steem coin can currently be bought for about $0.29 or 0.00000462 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $63,353.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6% lower against the dollar and now trades at $0.15 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded down 4.9% against the dollar and now trades at $472.52 or 0.00745856 BTC.
• Litecoin (LTC) traded 4.1% lower against the dollar and now trades at $83.03 or 0.00131053 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $5.77 or 0.00009112 BTC.
• Ethereum Classic (ETC) traded down 5.8% against the dollar and now trades at $26.09 or 0.00041175 BTC.
• Monero (XMR) traded 2.8% lower against the dollar and now trades at $118.63 or 0.00187255 BTC.
• Arweave (AR) traded 3.8% lower against the dollar and now trades at $32.51 or 0.00051310 BTC.
• Bitcoin SV (BSV) traded 7.5% lower against the dollar and now trades at $65.88 or 0.00103996 BTC.
• eCash (XEC) traded down 6.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About 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 460,558,011 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 buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView